Answers
Answer:
The answer is below
Explanation:
The Federal Reserve System Board of Governors is one of the five branches of the Federal Reserve System. Their roles involve carrying out the analysis of economic data, executing supervision of Reserve Banks, establishing and overseeing financial regulations.
The board comprises seven members with 14-year terms. They also partake in the Federal Open Market Committee and as well liaising with leaders in other parts of the government.
Answer:
Communicates with government leaders.
Explanation:
The Federal reserve only worries about banks and money, they do not go out of their way to communicate with leaders.
Also, I took the test and got the question right.
Related Questions
The ethical dilemma:
Roger worked for a small auditing firm and conducted an annual
audit of a machinery manufacturer. During the audit he discovered
that the firm had received a large loan from the local savings and
loan association. It is illegal for a savings and loan association to
make a loan to a manufacturing firm; law to mortgages based upon
residential real estate restricts them. Roger took his working papers
and a Xerox copy of the ledger showing the loan to his boss, the
partner in charge of the auditing office. His boss listened to Roger,
and then told Roger: “I will take care of this privately. We simply
cannot afford to lose a client of this status. You put the papers you
have through the shredder.”
answer questions A-E
a. Identify all of the ethical issues presented by the dilemma;
b. Identify everyone that may be affected;
c. Identity the consequences to everyone you identify in (b), above;
d. Evaluate the dilemma using multiple ethical principles; and
e. Recommend a specific course of action that is based upon your
responses to items (a) through (d).
Answers
Answer:
a. The ethical issues presented by the dilemma include:
Violation of the law by the machinery manufacturer for receiving a loan from a savings and loan association, which is illegal.
Potential violation of auditing standards and professional ethics by the auditing firm for not reporting the illegal loan and for shredding the working papers related to it.
Conflict of interest for the partner in charge of the auditing office, who prioritized retaining the client's business over ethical and legal considerations.
b. The following parties may be affected by the actions taken in this dilemma:
The machinery manufacturer, if the illegal loan is uncovered and reported to the authorities.
The savings and loan association, if it is found to have made an illegal loan to the machinery manufacturer.
Roger, the auditor who uncovered the illegal loan and was asked to destroy the evidence.
The auditing firm, which may face legal and ethical repercussions if it is found to have violated auditing standards and professional ethics.
The partner in charge of the auditing office, who may face consequences for prioritizing the client's business over ethical and legal considerations.
The public, who may lose trust in the auditing profession and the institutions involved in the illegal loan.
c. The consequences to the parties identified above may include:
The machinery manufacturer and the savings and loan association may face legal and financial penalties for their involvement in the illegal loan.
Roger may face ethical and legal repercussions for his involvement in the cover-up of the illegal loan.
The auditing firm may face legal and reputational damage for violating auditing standards and professional ethics.
The partner in charge of the auditing office may face legal and reputational damage for prioritizing the client's business over ethical and legal considerations.
The public may lose trust in the auditing profession and the institutions involved in the illegal loan.
d. The dilemma can be evaluated using multiple ethical principles, such as:
Utilitarianism: The partner's decision to retain the client's business may be seen as a utilitarian approach, as it prioritizes the greatest good for the greatest number of people (i.e., the firm's employees, clients, and shareholders).
Deontology: The actions taken by the auditing firm and the partner in charge may be seen as a violation of deontological principles, which prioritize adherence to moral rules and duties.
Virtue ethics: The actions taken by the auditing firm and the partner in charge may be seen as a violation of virtue ethics, which prioritize the development of virtuous character traits, such as honesty, integrity, and courage.
e. Given the ethical issues and consequences identified above, a specific course of action would be to:
Report the illegal loan to the appropriate authorities, such as the regulatory agency overseeing the savings and loan association or law enforcement.
Disclose the shredding of the working papers and the partner's involvement to the appropriate regulatory bodies, such as the accounting board or professional association.
Consider seeking legal counsel and protection, as whistleblowers are often vulnerable to retaliation.
Advocate for ethical and legal compliance within the auditing firm and the wider business community by speaking out about the importance of upholding professional ethics and legal obligations.
Explanation:
Roger is faced with ethical issues of professional dishonesty, breach of law, and conflict of interest. The stakeholders affected include Roger, his boss, their firm, the client, the loan association, and potential report users. It's recommended that Roger reports his findings to a higher authority.
Explanation:a. The ethical issues in this dilemma include professional dishonesty, conflict of interest, breach of law, and breach of professional responsibility. Roger found out about an illegal action, but his boss ordered him not to disclose it for the firm's financial gain.
b. All stakeholders that may be affected include Roger, his boss, the auditing firm, the machinery manufacturing client, the local savings and loan association, and the potential users of the audit report such as banks or investors.
c. The consequences could include harm to Roger's moral integrity and potential legal penalties for everyone involved. The firm could lose its license, and trust in the loan association could be severely damaged.
d. Using the principle of integrity, Roger should disclose the illegal act. Based on the principle of professional responsibility, he should protect the public interest first. However, from a utilitarian perspective, the firm's motive for not reporting could be to maximize overall happiness by preserving their client relationship and financial stability.
e. The recommended action is that Roger should express his concerns to a higher authority within the firm or a regulatory body to ensure action is taken.
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Suppose the cross-price elasticity of demand between goods X and Y is -5. How much would the price of good Y have to change in order to change the consumption of good X by 50 percent
Answers
Answer:
-2.5%
Explanation:
The computation is given below:
We know that
Cross price elasticity of demand = Percentage change in the price of y ÷ percentage change in the price of x
And, the same is given i.e. -5
So here the percentage of change in the price of y is
= -5 × 50%
= -2.5%
15 points and brainliest!!! Please help... Suzanne is an archaeologist working on the uncovered site of an old
Viking community. What kind of education would Suzanne have
needed to work on this site?
an associate degree in mathematics
an apprenticeship with a blacksmith
a master's degree in anthropology
an internship with a local construction firm
Answers
Answer:
A Master's Degree In Anthropology
Pd 4(A) Set 2 iz Question 7 (1 point) When investing in individual stocks, you should expect that... O a Stock prices for a company are relatively easy to predict d GRADES Next Page Back Unforeseen company events can have a dramatic impact on the stock price for a company You will have an informational edge by reading an article about a company you want to invest in Stock prices for an individual stock will be more stable over the long-term than prices for a diversified index fund S ✓ Sub Question 7 of 19 |
Answers
An investor should carefully consider their risk tolerance and investment goals before deciding whether to invest in individual stocks or index funds.
When investing in individual stocks, you should expect that unforeseen company events can have a dramatic impact on the stock price for a company. This is because the company's stock price reflects not only the company's current financial situation but also investors' expectations for the company's future performance.Unforeseen company events such as changes in leadership, new competitors, or regulatory changes can cause investors to reassess their expectations for the company's future performance, which can lead to fluctuations in the stock price.An investor should not expect that stock prices for a company are relatively easy to predict. This is because stock prices are influenced by a variety of factors, including company financial performance, economic conditions, market trends, investor sentiment, and geopolitical events. While some investors may try to predict stock prices using technical analysis or fundamental analysis, it is important to recognize that these methods have limitations and cannot guarantee accurate predictions.An investor can gain an informational edge by reading an article about a company they want to invest in. Reading articles about a company can provide valuable insights into the company's financial situation, growth prospects, and risks. However, it is important to recognize that reading articles is only one part of the investment process and should be supplemented by other sources of information, such as financial statements, analyst reports, and market data.An investor should not expect that stock prices for an individual stock will be more stable over the long-term than prices for a diversified index fund. In fact, individual stocks are generally more volatile than index funds because they are more susceptible to company-specific risks. By contrast, index funds are diversified across multiple companies and sectors, which can help to reduce overall portfolio risk.
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identify which of the following is one of the reasonable explanations for the downward trend in the divorce rate, starting in about 1980, according to the text
Answers
Identify the cheap explanations for the downward trend within the divorce rate, beginning in regarding 1980, in keeping with the text.
Explanation(s): -Americans are becoming married later, after they area unit a lot of mature. -Fewer folks are becoming married, thus fewer folks are becoming unmarried .
We additionally assess various explanations for the increase in divorce rates throughout the late nineteenth century, as well as age structure, divorce law, urbanization, economic development, and foreign immigration, and that we realize that solely age structure and urbanization absolutely affected divorce rates at the side of the property acts.
Many studies administrated in Asian nation et al found that the vital causes of divorce rate domestic inharmoniousness, abuse of mate by husband or contrariwise or by their relatives, cruelty (physical or mental), adultery, impotency, barrenness, immoral conduct of the spouse equivalent, illicit relations, alcoholism, etc.
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If a nation's economy is based primarily on businesses that produce goods rather than services, what would you expect to be true about the goods you buy?
A. Imported goods may cost less than domestic goods.
B. Domestic goods may not have the same quality as imported goods.
C. Imported goods may cost more than domestic goods.
D. Domestic goods may be less expensive in foreign markets.
Answers
You expect to be true about goods you buy is imported goods may cost more than the domestic goods.
What are imported goods?Imported goods are products and services that are brought into a country from another country for the purpose of trade or consumption. These goods can include raw materials, finished goods, machinery, technology, and even skilled labor. The importation of goods is a critical aspect of international trade, as it enables countries to access products and services that may not be available locally or that may be available at a lower cost. In addition, imported goods often provide consumers with greater choice and variety, which can help to stimulate demand and competition in local markets. However, the importation of goods can also have negative effects on local industries and jobs, as imported goods may be cheaper and more competitive than locally-produced goods.
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The areas of academic study are called
Answers
Answer:
Academic Focus Areas are related majors that are grouped together because they share a foundation of common course requirements and recommendations. At most institutions, every program of study will fit into one of a limited number (five to seven, generally) of Academic Focus Areas.
An academic discipline or field of study is known as a branch of knowledge.
Explanation:
Answer: Branches of knowledge
Happy to help; have a great day! :)
better at getting deals. to better understand how husbands and wives feel about their finances, money magazine conducted a national poll of 1010 marri
Answers
There are a number of techniques that may be used to better understand how husbands and wives feel about their finances and money. Here are some recommendations: Surveys: may be a useful tool for learning how
Husbands are the male partners in a marriage. Typically, they are seen as offering their wives and family physical, emotional, and financial security. In many societies, husbands are expected to provide the majority of the household's income while their wives handle domestic and childcare duties. However, throughout time, husbands' roles and responsibilities have changed, and many now collaborate with their wives on domestic chores and parenting obligations. The position of the husband in contemporary marriages might change based on cultural, societal, and financial variables. Regardless of the precise function they play, men are crucial members of the family and are supposed to give
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I need help on creating my resume. I’m a high schooler currently in the 11th grade. I haven’t won any awards here at my high school, but I have won awards in the past like in middle school and elementary school. Can I include some of them on to my resume? Please help!!
Awards that I have won are mvp (middle school) leadership (elementary)
Answers
To create an effective resume, you must explain your educational and professional experiences. If you are still a student looking for your first professional opportunity, a good way to attract the attention of recruiters is to include your awards won in the educational environment on your resume.
How to create a good resume?Some tips can be important for you to create an attractive resume. It's always good to align your experiences with the area you want to compete in, that is, include courses, extra curricular experiences and awards that have to do with the field of work that interests you. Other important tips are:
Keep your CV objective and conciseReview your personal dataHighlight your personal achievementsBe honest about the information providedInclude your volunteer workTherefore, for a student to create an effective curriculum, the inclusion of awards and achievements from student life will attract the attention of the recruiter by showing interest, dedication and perspectives of the candidate, being a great opportunity to win a job.
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Coast-to-Coast Shipping Company's general manager reports quarterly to the
company president on the firm's operating performance. The company uses a
budget based on detailed expectations for the forthcoming quarter. The general
manager has just received the condensed quarterly performance report shown
below.
Budget Actual Variance
Net revenue $8,000,000 $7,600,000 $400,000 U
Fuel $160,000 $157,000 $3,000 F
Repairs and maintenance 80,000 78,000 2,000 F
Supplies and miscellaneous 800,000 788,000 12,000 F
Variable payroll 5,360,000 5,200,000 160,000 F
Total variable costs* $6,400,000 $6,223,000 $177,000 F
Supervision $160,000 $164,000 $4,000 U
Rent 160,000 160,000 ___
Depreciation 480,000 480,000 ___
Other fixed costs 160,000 158,000 2,000 F
Total fixed costs $960,000 $962,000 $2,000 F
Total costs charged against Revenue $7,360,000 $7,185,000 $175,000 F
Operating income $640,000 $415,000 $225,000 U
U = Unfavorable F = Favorable
*For purposes of this analysis, assume that all these costs are totally variable with respect to sales
revenue. In practice, many are mixed and have to be subdivided into variable and fixed components
before a meaningful analysis can be made. Also assume that the prices and mix of services sold remain
unchanged.
Although the general manager was upset about not obtaining enough revenue, she was happy that her
cost of performance was favorable; otherwise her net operating income would be even worse.
The president was totally unhappy and remarked: "I can see some merit in comparing actual
performance with budgeted performance because we can see whether actual revenue coincided with our
best guess for budget purposes. But I can't see how this performance reports helps me evaluate cost
control performance."
Required:
1. Prepare a columnar flexible budget for Coast-to-Coast Shipping at revenue levels of $7,000,000;
$8,000,000; and $9,000,000. Assume that the prices and mix of products sold are equal to the budgeted
prices and mix.
2. Express the flexible budget for costs in formula form.
3. Prepare a condensed table showing the master (static) budget variance, the sales volume variance,
and the flexible budget variance
Answers
1. Columnar Flexible Budget:
$7,000,000 $8,000,000 $9,000,000
Net Revenue $7,000,000 $8,000,000 $9,000,000
Fuel $140,000 $160,000 $180,000
Repairs and Maintenance $70,000 $80,000 $90,000
Supplies and Miscellaneous $700,000 $800,000 $900,000
Variable Payroll $4,690,000 $5,360,000 $6,030,000
Total Variable Costs* $5,600,000 $6,400,000 $7,200,000
Supervision $140,000 $160,000 $180,000
Rent $160,000 $160,000 $160,000
Depreciation $480,000 $480,000 $480,000
Other Fixed Costs $160,000 $160,000 $160,000
Total Fixed Costs $940,000 $960,000 $960,000
Total Costs $6,540,000 $7,360,000 $8,160,000
Operating Income $460,000 $640,000 $840,000
2. Formula for Flexible Budget Costs:
Total Variable Costs = (Variable Cost per Unit * Net Revenue) + Total Fixed Costs
3. Condensed Table:
Variance Master (Static) Budget Sales Volume Variance Flexible Budget Variance
Net Revenue $400,000 UF $0 $200,000 UF
Total Costs $175,000 F $0 $50,000 F
Operating Income $225,000 U $0 $150,000 U
The Master (Static) Budget Variance is the difference between the budgeted net revenue and the actual net revenue. In this case, it is an unfavorable variance of $400,000.
The Sales Volume Variance is the difference between the flexible budget net revenue and the budgeted net revenue. Since there is no change in the sales volume, this variance is zero.
The Flexible Budget Variance is the difference between the flexible budget total costs and the actual total costs. In this case, it is a favorable variance of $50,000. This indicates that the company was able to control costs better than anticipated.
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Question 3 a. In choosing a supplier of raw materials for operations, there are a number of factors that need to be considered. Mention any three (3) of such factors.
Answers
When choosing a supplier of raw materials for operations, it's important to consider a variety of factors to ensure that you're making the best decision for your business. The factors are Quality, Price, Delivery time and reliability.
Below are three of such factors to consider:
1. Quality: The quality of the raw materials is a vital factor that you should consider when selecting a supplier. The quality of the raw materials will influence the quality of the finished goods produced. As a result, you'll need to ensure that the supplier you choose provides consistent, high-quality raw materials that meet your specifications.2. Price: Cost is an important factor to consider when selecting a supplier. You should ensure that the supplier is providing you with high-quality raw materials at a reasonable cost. It's also important to note that the cheapest supplier may not always be the best option, as quality may be compromised.3. Delivery time and reliability: It's critical to consider the delivery time and reliability of the supplier. The supplier should be able to deliver the raw materials on time and as agreed upon. Delayed deliveries can disrupt your operations, and if they occur frequently, they can damage your business reputation. Reliability is also important to ensure consistent supply and avoid running out of raw materials.For more such questions on supplier
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(5 points)
Willie's Hot Dogs had sales last year of $250,300 and a guest count of 76,079.
Sales this year were $280,750 with a guest count of 83,556.
What was Willie's guest count percentage variance?
Answers
Willie's guest count percentage variance is 9.82%.
How to calculate guest count percentageTo calculate the guest count percentage variance
Use the following formula:
Guest count percentage variance = [(current year guest count - prior year guest count) / prior year guest count] x 100%
Guest count percentage variance = [(83,556 - 76,079) / 76,079] x 100%
Guest count percentage variance = (7,477 / 76,079) x 100%
Guest count percentage variance = 0.0982 x 100%
Guest count percentage variance = 9.82%
Therefore, Willie's guest count percentage variance is 9.82%.
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Splish Company purchased a computer for $9,920 on January 1, 2019. Straight-line depreciation is used, based on a 5-year life and a $1,240 salvage value. On January 1, 2021, the estimates are revised. Splish now feels the computer will be used until December 31, 2022, when it can be sold for $620. Compute the 2021 depreciation. (Round answer to 0 decimal places, e.g. 45,892.) Depreciation expense, 2021 g
Answers
Answer:
$2914
Explanation:
The following steps would be taken to determine the answer
1. Calculate depreciation expense given the initial information
2. calculate the accumulated depreciation by the second year. Accumulated depreciation is sum of depreciation expense
3. subtract the accumulated depreciation from the cost price of the asset. This would give the book value
4. calculate the depreciation expense using the new information and the book value
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($9,920 - $1240) / 5 = $1736
Accumulated depreciation = 1736 x 2 = $3472
Book value at the beginning of 2021 = 9920 - 3472 = $6448
Depreciation expense in 2021 = (6448 - 620) / 2 = $2914
Net income is shown on the end-of-period spreadsheet in the Income Statement debit column and the Balance Sheet credit column.
a. True
b. False
Answers
Answer:
True
Explanation:
It is True because net income is shown in the Balance sheet as a credit account as it increases the revenues and as a debit column in the Income Statement of the end-of-period spreadsheet.
This entry is reversed for the net loss. It would be shown as a debit column in the Balance Sheet ( indicating an expense/ a loss) and as a credit column in the income statement.
The net income is shown as a debit column in the Income Statement of the end-of-period spreadsheet indicating that the credits ( revenues) are more than the debits ( expenses) and we get the balance of the income after deducting the expenses from the revenues. It is entered above the debit totals.
PLS HELP ME AS SOON AS POSSIBLE! IIl mark you brainliest! I have to write a historical
fiction story about the great
depression and the role is
newspaper, the audience is
the readers of the great
depression, the format is
memoirs, and the topic is
life of a homeless teen. Can
you please write an
example paragraph of that
using facts too.
Answers
Answer:
Explanation:
tienes ques
What is E-Procurement? [2 Marks] 1b. What are the Benefits of E-Procurement? [8 Marks] 2. You have have been appointed as an ICT personnel in an organisation mit
Answers
E-procurement is the exchange of goods and services between businesses, consumers, and the government over the Internet and other information and networking platforms including enterprise resource planning and electronic data interchange.
benefits of the electronic procurement procedure.
E-procurement helps you save money by avoiding duplicative purchases, taking advantage of volume discounts, and avoiding expenses related to paper-based systems (for example, the cost of stamps to mail your paperwork).Openness in spending By performing your procurement electronically, you can guarantee that your procurement methods follow your policies because it will be simpler to produce and analyze reports on your procurement systems.Greater Productivity E-procurement takes less time than conventional procurement once you've gotten the hang of the technology. Reusable tender submission is made simpler by having your records maintained online. Meanwhile, using templates allows for quicker completion of papers.To know more about E-procurement refer to: https://brainly.com/question/17214482
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Which person's life is the best example of wellness? Martin: Studies with friends, does community service, takes pills to go to sleep, and makes friends in class Norman: Drinks plenty of water, skips breakfast to lose weight, keeps a regular study schedule, and reads ahead in classes. Olivia: Drinks plenty of water, skips breakfast to lose weight, has a family dinner every week, and studies with a tutor. Patricia: Goes to the gym, enjoys time with friends, takes extra courses, and reads for enjoyment Norman Olivia Martin Patricia
Answers
Answer:
Patricia has the best wellness so far
Explanation:
Martin: studies with friends, communicating with others? good. Community service? yes, you want to help others. sleeping pills? not healthy, you want genuine sleep. Not forcing yourself to sleep. You might get addicted, that's not good, isn't it?
Norman: Drinking lots of water? good. Skipping breakfast? not good, you still want to eat breakfast, studies say that breakfast is the most important meal of the 3. studying? yeah, and a regular schedule is good. Reading ahead of class? so and so. It's good because you know everything in advance. But what if you miss something? Like the teacher says, oh, we're canceling the test. You study day after day and find out you don't even need to study. That's a waste of time.
Olivia: plenty of water is good. Skipping breakfast again? Not really good. Having family dinners every week? Yeah, Family is important too. Studying with a tutor? Mhm, You should get help if your behind in class.
Patricia: going to the gym? Good exercise, and healthy for your body. Enjoying times with friends? Friends are important in times of need. So yeah, good too. Taking extra courses? yeah, it's important to know what you want to do in the future, or just for fun! No harm at all.
Martin, Norman, and Olivia have just a little problem that they need to fix. Patricia? She's the one.
the 4P’s include____
Answers
Answer:
price,product, promotion,place
Carlson Auto Dealers Inc. sells a handmade automobile as its only product. Each automobile is identical; however, they can be distinguished by their unique ID number. At the beginning of 2021, Carlson had three cars in inventory, as follows:
Car ID Cost
203 $78,000
207 78,000
210 81,000
During 2021, each of the three autos sold for $108,000. Additional purchases (listed in chronological order) and sales for the year were as follows:
Car ID Cost Selling Price
211 $78,000 $108,000
212 78,000 111,000
213 79,500 not sold
214 81,000 114,000
215 84,000 118,500
216 82,500 not sold
217 87,000 123,000
218 84,300 124,500
219 90,000 not sold
Required:
Calculate 2021 ending inventory and cost of goods sold assuming the company uses the specific identification inventory method.
Answers
The Carlson Auto Dealers Inc.'s 2021 cost of ending inventory is $252,000 based on the specific identification inventory method.
2. The Carlson Auto Dealers Inc.'s Cost of Goods Sold for 2021 is $729,300 using the specific identification inventory method.
Data and Calculations:
Beginning Inventory of cars:
Car ID Cost
203 $78,000
207 78,000
210 81,000
Total = $237,000
Cost of Ending Inventory:
Car ID Cost
213 79,500 not sold
216 82,500 not sold
219 90,000 not sold
Total $252,000
Cost of Goods Sold:
Car ID Cost
203 $78,000
207 78,000
210 81,000
211 78,000
212 78,000
214 81,000
215 84,000
217 87,000
218 84,300
Total Cost = $729,300
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The objective of maximizing value for the shareholders provides an important theme in corporate finance. This objective is not without criticism. Which of the following is NOT a criticism. Select one: a. The objective is blind to social and ethical costs associated with value maximization. b. The objective does not well account for the fact that managers are naturally inclined to act in their own best interests, which are not always in line with that shareholders. c. It assumes that accrual based profits are superior to cash flows. d. It assumes some level of market efficiency.
Answers
Answer:
D
Explanation:
Agency conflicts arises when the objectives of managers isn't aligned with that of shareholders.
Due to the objective of maximising value for shareholders, managers might be induced to engage in aggressive accounting practices in order to present a higher profits than might actually exist. This practice is unethical. This places more emphasis on profits than cash flows.
You are given the following information for Lightning Power Company. Assume the company’s tax rate is 24 percent.
Debt: 9,000 5.8 percent coupon bonds outstanding, $1,000 par value, 24 years to maturity, selling for 106 percent of par; the bonds make semiannual payments.
Common stock: 420,000 shares outstanding, selling for $60 per share; beta is 1.11.
Preferred stock: 18,000 shares of 3.6 percent preferred stock outstanding, a $100 par value, selling for $81 per share.
Market: 5 percent market risk premium and 4.6 percent risk-free rate.
What is the company's WACC?
Answers
The Weighted Average Cost of Capital (WACC) for Lightning Power Company is 9.84%.
To calculate the Weighted Average Cost of Capital (WACC) for Lightning Power Company, we need to determine the cost of each component of its capital structure and their respective weights. The WACC is the weighted average of these costs.
Cost of Debt:
The debt component consists of 9,000 bonds with a 5.8 percent coupon rate, a $1,000 par value, and selling for 106 percent of par. The semiannual coupon payment is calculated as (5.8% * $1,000) / 2 = $29.
The current market price of the bond is 106% of $1,000, which is $1,060. The yield to maturity (YTM) can be calculated using financial calculators or Excel. Let's assume the YTM is 4.5%. Therefore, the cost of debt is 4.5%.
Cost of Common Stock:
The cost of common stock is determined using the Capital Asset Pricing Model (CAPM). The risk-free rate is given as 4.6%, and the market risk premium is 5%. The beta for Lightning Power Company's common stock is 1.11.
Using the CAPM formula: Cost of equity = Risk-free rate + Beta * Market risk premium. Therefore, the cost of equity is 4.6% + 1.11 * 5% = 9.71%.
Cost of Preferred Stock:
The cost of preferred stock is the dividend yield, which is the preferred dividend divided by the market price per share. The preferred stock has a 3.6% dividend yield, and it is selling for $81 per share. Therefore, the cost of preferred stock is 3.6% / $81 = 4.44%.
Next, we need to determine the weights of each component based on their market values. The market value of debt is 9,000 * $1,060 = $9,540,000. The market value of common stock is 420,000 * $60 = $25,200,000.
The market value of preferred stock is 18,000 * $81 = $1,458,000. The total market value of the company's capital structure is $36,198,000.
Now we can calculate the WACC using the formula:
WACC = (Weight of Debt * Cost of Debt) + (Weight of Equity * Cost of Equity) + (Weight of Preferred Stock * Cost of Preferred Stock).
Weight of Debt = $9,540,000 / $36,198,000 = 0.2639 (26.39%)
Weight of Equity = $25,200,000 / $36,198,000 = 0.6961 (69.61%)
Weight of Preferred Stock = $1,458,000 / $36,198,000 = 0.0401 (4.01%)
Plugging in the values, we get:
WACC = (0.2639 * 4.5%) + (0.6961 * 9.71%) + (0.0401 * 4.44%) = 2.88% + 6.78% + 0.18% = 9.84%.
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In 100 words or fewer explain:
As a financial advisor, how will you get new clients?
As a client, how would you choose a financial advisor?
Answers
A financial advisor can get new client through the qualities and skills they posses and a client can choose a financial advisor when the client is satisfied that the financial advisor is someone that is qualified to give financial advises.
Who is a financial advisor?
A financial advisor is person whose job is to advice someone on how to effectively manage their resources as well as finances so as to prevent running into debt or financial mismanagement.
A financial advisor can tend to get a new client by advertising themselves or showcasing the type of skills they possess as well as how they can effective advice and help people to manage their finances.
A client can tend to choose a reliable financial advisor by checking whether the advisor is a professional or a person that is qualified to be a financial advisor as well as a verifying if the advisor is a person that can help to advice people on how to effectively manage their finances.
Therefore the a financial advisor help to advices people on how to manage their finances as well as investment.
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Sam has $200 a month to spend on either tanning sessions or rounds of golf. Tanning sessions are $20 each, and a round of golf is $50. A point on Sam's budget constraint would be:
Multiple Choice
20 tanning sessions and 8 rounds of golf.
10 tanning sessions and 5 rounds of golf.
10 tanning sessions and 4 rounds of golf.
5 Tanning sessions and 2 rounds of golf.
Answers
Sam will not be able to afford all combinations given in the other options as they will cost him more than his money income.
What is a budget constraint?In the field of economics, a budget constraint refers to all the possible combinations of goods and services that a consumer could buy at the market's current pricing and within the limits of his or her available budget. The notions of a budget restriction and a preference map are tools used by consumer theory to explore the dimensions of consumer choices. The total number of things you can buy with your present budget is your budget constraint. The range of options possible within a certain budget is illustrated by a budget limitation. Opportunity cost is the sum or object you forfeit in favor of something else.
Sam's budget constraint would be five training sessions and two rounds of golf since five training sessions will cost him $100 and two rounds of golf will cost him $100 as well. Sam will not be able to afford all of the combinations given in the other options as they will cost him more than his given money income.
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destion
Which of the following accurately describes the requirements banks must
meet under a fractional reserve banking system?
A. Banks must keep a specific percentage of deposits on hand.
B. Banks must get government approval for all loans.
C. Banks reserve the right to raise interest rates at any time.
D. Banks must pay a specific fraction of their assets in taxes.
Answers
The correct answer is A. Banks must keep a specific percentage of deposits on hand.
Option A accurately describes the requirements banks must meet under a fractional reserve banking system. In such a system, banks are required to maintain a fraction or percentage of their customers' deposits as reserves. The reserve requirement is typically set by the central bank or regulatory authorities. The purpose of this requirement is to ensure that banks have enough liquidity to meet the demands of depositors who may wish to withdraw their funds. By keeping a fraction of deposits as reserves, banks can lend out the remaining portion to borrowers and earn interest on those loans, effectively creating new money in the economy through the process of credit creation. Option A correctly reflects the requirement for banks to maintain a specific percentage of deposits on hand in a fractional reserve banking system.
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Ethical decision-making is comprised of individual and environmental factors which can influence decision outcomes. Which factor would you say has the greater influence on your ethical decision-making process and why?
Answers
Answer:
Ethical decision making The factors that most impact ethical decision making is the individual factors. Individual factors include personal and moral philosophy, stage of moral development, motivation, experiences, age, and gender.
i'm new to this please tell me how to answer a question in this?
Answers
Answer:
So i also have a tough time with this also at first so you basically go to brainly click in a subject and click on a question than click answer and after that post your answer and the people will see it.
Outline and describe the main types of Communication in your own words. Give one practical example for each type to support your discussion.
Answers
Answer:
There are four main types of communication: verbal, nonverbal, written, and visual.
1. Verbal communication involves the use of words to convey a message. This can be done through spoken or written language. Verbal communication can be formal or informal, and it is often used in face-to-face conversations, meetings, presentations, and interviews. A practical example of verbal communication is a teacher giving a lecture to a classroom full of students.
2. Nonverbal communication involves the use of body language, facial expressions, and other nonverbal cues to convey a message. This can include gestures, eye contact, posture, and tone of voice. Nonverbal communication is often used in conjunction with verbal communication to reinforce a message or convey meaning. A practical example of nonverbal communication is a job interview, where the interviewer may use body language to convey their interest or disinterest in a candidate.
3. Written communication involves the use of written words to convey a message. This can include emails, memos, reports, and letters. Written communication is often used in business and academic settings, where a permanent record of the communication is required. A practical example of written communication is a business proposal that is sent to a potential client.
4. Visual communication involves the use of images, graphics, and other visual aids to convey a message. This can include charts, diagrams, videos, and photographs. Visual communication is often used in advertising, marketing, and design, where visual impact is important. A practical example of visual communication is a billboard that advertises a new product.
In summary, each type of communication has its own strengths and weaknesses, and they are all important in different contexts. Effective communication requires a combination of these four types, depending on the situation and the message that needs to be conveyed.
You are managing a portfolio of $1.0 million. Your target duration is 11 years, and you can choose from two bonds: a zero-coupon bond with maturity five years, and a perpetuity, each currently yielding 5%. a. How much of (i) the zero-coupon bond and (ii) the perpetuity will you hold in your portfolio
Answers
Mr Sinclair has diabetes and heart trouble and is generally satisfied with the care he has received under original Medicare, but he would like to know more about Medicare advantage special needs plans
.
Answers
Answer:
SNPs have special programs for enrollees with chronic conditions, like Mr. Sinclair, and they provide prescription drug coverage that could be very helpful as well.
Explanation:
Chronic conditions and the fact that the customer has more than 1 chronic condition may qualify the beneficiary for a Special Needs Plan which may provide better health coverage for these medical conditions. (There are populations of beneficiaries who would benefit from these plans.).
SNPs have special programs for enrollees with chronic conditions, like Mr. Sinclair, and they provide prescription drug coverage that could be very helpful as well.
A Special Needs Plan, which may offer superior health coverage for various medical issues, may be available to beneficiaries with chronic diseases or multiple chronic ailments. These strategies might be advantageous to certain beneficiary demographics.
Individuals with chronic or debilitating diseases can enroll in Medicare Special Needs Plans (SNPs), a kind of Medicare Advantage Plan. These programs mandate that Medicare SNP-eligible individuals get treatment and services from medical professionals in such networks. SNP networks come in a variety of sizes and target demographics.
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Find the median and mean of the data set below:
Median =
Tr I
11, 6, 37, 34, 7
Mean =
Answers
The answer is median and mode
How to Find the mean and median
Add up all data values to get the sumCount the number of values in your data setDivide the sum by the countThe mean is the same as the average value in a data set.The median x˜ is the data value separating the upper half of a data set from the lower half.Arrange data values from lowest to highest valueThe median is the data value in the middle of the setIf there are 2 data values in the middle the median is the mean of those 2 values.Median ExampleFor the data set 1, 1, 2, 5, 6, 6, 9 the median is 5.For the data set 1, 1, 2, 6, 6, 9 the median is 4. Take the mean of 2 and 6 or, (2+6)/2 = 4.To learn more about mean and median
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