If a person works on a ship for a cruise line headquartered in the country where he was born and resides, then he is a Answers: A. PCN B. HCN C. TCN D. not enough information

Answer:

Price of coupon is $553.7098

Explanation:

Using the formula

Price = Face value/(1+rate)^periods

Face value= $1,000

Rate for semiannual= 6/2= 3

Periods for semiannual= 10*2= 20

Therefore

Price= 1,000/(1+0.03)^20

Price= 1,000/(1.03)^20

Price 1000/1.806= 553.7098

Answer:

[tex]\arge\boxed{\large\boxed{\$ 117,788}}[/tex]

Explanation:

Assume the cost equation to be:

                [tex]Cost(x)=Fixed\text{ }costs+Variable\text{ }costs\\\\Cost(x)=A+Bx[/tex]

Where [tex]x[/tex] is the number of units (wooden baseball bats) produced.

The average cost per unit of production level is the total cost divided by the number of units produced:

              [tex]Average\text{ }cost(x)=Cost(x)/x\\\\Average\text{ }cost(x)=(A+Bx)/x\\[/tex]

You are given that the average cost per unit of a production level of 7,700 bats is $14, then:

             [tex]14=(A+7,700B)/7,700[/tex]

You are also given that the fixed costs are $22,500, thus A = 22,500. Hence, you can substitute the value of A in the previous equation and find B:

              [tex]14=(22,500+7,700B)/7,700\\\\14\times 7,700=22,500+7,700B\\\\107,800-22,500=7,700B\\\\85,300/7,700=B\\\\B=11.08[/tex]

Now you can complete the cost equation:

               [tex]Cost(x)=\$ 22,500+11.08x[/tex]

And to predict the total costs for 8,600 bats you must subsitute x with 8,600 in the previous equation:

             [tex]Cost(8,600)=\$ 22,500+11.08(8,600)=\$ 117,788[/tex]

Answer:

b. total revenues and total expenses

Explanation:

A single step income statement -

It refers to the financial statement , which contains all the costs of the goods sold in a single column , is referred to as a single step income statement  .

It helps to maintain the record for better understanding .

All the expenses and the revenues are correctly recorded and added , in order to be the best results .

Hence , from the given question ,

The correct option is b.  

Answer:

$591.60

Explanation:

The computation of the future value after two years is shown below:

Future value = Present value × (1 + rate)^number of years

where,

Present value = $500

Rate = 8.5% ÷ 4 = 2.125%

Number of years = 2 year × 4 = 8 years

So, the future value  after two years is

= $500 × (1 + 2.125%)^8

= $500 × 1.1831956282

= $591.60

Answer:

The correct answer is letter "D": Total assets being understated.

Explanation:

In Accounting, Total Assets represents all the resources a firm possesses from where the company expects to make a profit. It is the result from adding the company's non-current assets (realizable not in the current period) and the current assets (expected to be realized in the current period).

Thus, if the non-realizable amounts a company earns from providing services are not recorded, the total assets will be understated.

Failure to record amounts earned for services but not yet paid results in total assets being understated. That's because the company doesn't record an account receivable, thus its total assets appear lower.

The failure to record amounts earned for services provided to customers but not yet paid results in d. Total assets being understated. This is because, under accrual accounting, which most firms use, income is recorded when it is earned, and expenses are recorded when they are incurred, not when cash changes hands.

When a company delivers a service but hasn't received payment, it's supposed to record an account receivable, increasing its total assets. If it fails to do so, its total assets will be understated. In other words, the company will be 'worth less' on paper than it actually is which clearly, is not an accurate representation of its financial health or value.

https://brainly.com/question/32434016

#SPJ3

Answer:

C.

21%

Explanation:

As all cashflow are the same, we can solve by dividing the initial cost by annuity per year and look into the PV of a $1 annuity table the result of this quotient:

4000/157,452.98 = 2.540440962

We will find in the row of n = 4 that at 21% we obatin this answer so that is the IRR for the invetment project.

The IRR for the described business project is approximately 16%. The IRR, or Internal Rate of Return, is the discount rate that makes the Net Present Value (NPV) of a project equal to zero - i.e., the rate at which the present value of the project's expected future cash inflows equals the present value of its initial cash outflows.

The Internal Rate of Return (IRR) is the discount rate at which the Net Present Value (NPV) of a project equals zero. This means it is the rate at which the present value of a project's expected future cash inflows equals the present value of its initial cash outflows.

Let's figure out the IRR with the given cash inflows and the initial investment:

We can calculate the Net Present Value (NPV) with a guess IRR around 15% and adjust it until the NPV equals as close to zero as possible. Using Excel or similar software, we find that the IRR is approximately 16%.

Thus, the correct answer is Option B: 16%.

https://brainly.com/question/32991475

#SPJ3

Answer:

Maximum percentage decline in the stock will be 12.5%

Explanation:

It is given that number of shares which is bought is 1300 at a stock price of $36 an an initial margin of 65 %

Maintenance margin is given as 40%

Margin call price is equal to [tex]=stock\ price\times \frac{1-initial\ margin}{1-maintinance\ margin}[/tex]

So margin call price [tex]=36\times \frac{1-0.65}{1-0.40}=31.5[/tex]

So percentage decline [tex]=\frac{31.5}{36}\times 100=87.5[/tex] %

So maximum percentage decline in stock before you will receive a margin call is 100 -87.5 = 12.5%

So answer will be 12.5 %

Answer:

The mistake could be as Transparency International publish the index "backwards" being zero highly corrup nation while 10 a nation with low level of corruption. This could make a person to see the relationship as positive but it isn't. a higher GDP is consistent with a a governement with low levels of corruption.

Higher GDP per capita countries has lower levels of corruptions. thus a higher value in the index.

Explanation:

Answer:

Adjusted basis = $48,120

Basis of equipment is given as $80,200

Explanation:

Given data:

Yearly basis of Franco = $160,400

market value of  interest  = $176,440

Distributed cash = $32,080

Adjusted basis = $80,200

Adjusted basis after distribution is calculated as

Adjusted basis =  yearly basis -  distributed cash - equipment adjusted basis

Adjusted basis = 160,400 - 32080 - 80,200

Adjusted basis = $48,120

in the question, basis of equipment is given as $80,200

Final answer:

Franco's adjusted basis in the LLC interest after receiving a distribution is $48,120, and his basis in the equipment received is $80,200. The non-taxable cash and equipment distribution reduces his original basis in the LLC interest, with steps clearly explaining the calculations.

Explanation:

When Franco receives a distribution from Dulera LLC, the distribution is non-taxable to the extent of his adjusted basis in the LLC interest. Initially, his adjusted basis is $160,400. The distribution consists of $32,080 cash and equipment with an adjusted basis to the LLC of $80,200 and a fair market value of $120,300.

First, reduce Franco's basis in the LLC by the amount of cash received ($32,080). So, the new basis in the LLC before accounting for the equipment is $160,400 - $32,080 = $128,320.

Since the fair market value of the equipment is not less than its adjusted basis in the hands of the LLC, Franco's basis in the equipment should be equal to the LLC's basis in the equipment, which is $80,200. After receiving the equipment, we reduce Franco's LLC interest basis by $80,200: $128,320 - $80,200 = $48,120.

Therefore, Franco's adjusted basis in the LLC interest after the distribution is $48,120, and his basis in the equipment received is $80,200.

Answer:

= $80,273

Explanation:

Value of the right of use asset = Value of lease liability - cash incentive received + costs incurred for lease

                  = $82,773 -$ 6,000 + $3,000 + $500

                     =$80,273

Answer:

a) actual dollar = $60

b) Constant dollar of the 15th payment = $38.710

Explanation:

Facts from the question:

The Face value of the bond = $1,000

Nominal Interest rate = 12% and it compounded annually

General inflation rate = 6%

The question: Determine the 15th interest payment on the bond.

Step 1: The coupon for the amount of semi annual payment is as follows:

Coupon= (Interest rate/ Number of compounding times in a year) x face value of the bond

= (0.12/2) x 1000

= $60 -= Actual dollar amount

Step 2: Determine the 15th payment and this will represent the middle of the 8th year or (7 1/2) year.

To calculate this=

Constant dollar amount of the 15th interest payment

= Actual dollar amount (above) / (1 + inflation rate)∧n

where n= the number of years = 7.5 years

= $60 / (1 + 0.06) ∧7.5

= $60/1.55

= $38.710

This means the constant dollar amount on that 15th payment = $38.710

Final answer:

The actual-dollar amount of the bond's 15th interest payment remains fixed at $45. To calculate time-0 dollars for actual and constant amounts, discount using the market rate of 12% for actual dollars and further adjust the result for inflation at 6% for constant dollars.

Explanation:

To calculate the actual-dollar amount and constant-dollar amount of the 15th interest payment on a 10-year $1,000 bond with a nominal rate of 9% compounded semi-annually when the market interest rate is 12% compounded annually and the general inflation rate is 6% per year, you'll need to address each part of the question separately.

First, for the actual-dollar amount with a 9% semi-annual rate, the interest payment every six months would be $1,000 × 0.09/2 = $45. The 15th interest payment does not change and remains $45 in actual dollars. To find the present value of this interest payment we would discount it back to time-0 using the market interest rate of 12% compounded annually assuming the payment is at the end of the seventh year:

Present value = $45 / (1 + 0.12)7

For the constant-dollar amount, you'd adjust for inflation using the formula:

Constant-dollar amount = Actual-dollar amount / (1 + 0.06)7

This accounts for the inflation rate affecting the value of money over time.

Answer:

Contribution Margin                                       $ 5775

Net Loss                                                          ( $ 5,200 )

Explanation:

Ticket sales                                                    $12,600

Less

Variable Costs

Cost of dinner

Variable Costs ( 15,300- 9000)                     $ 6,300

Invitations and paperwork (variable costs)  $ 525

Less Fixed Expenses

Cost of dinner   (fixed  costs)                       $ 9000

Invitations and paperwork (fixed  costs)      $ 1975

Net Loss                                                          ( $ 5,200 )

Contribution Margin is obtained by deducting variable costs from sales and then the profit or loss is obtained by deducting fixed costs from the contribution margin.

Answer:

Cups = $45,000

Tablecloths = $1,12,500

Bottles = $1,42,500

Explanation:

Given that,

Factory manager’s salary = $210,000

Factory utility cost = 70,000

Factory supplies = 20,000

Overhead allocation rate :

= Budgeted Overhead ÷ Budgeted Base of allocation

= Total overhead costs ÷ Total machine hours

= $300,000 ÷ 2,000

= $150 per machine hour

Cups:

Allocated cost = Allocation rate × Weight of base

                        = $150 × 300

                        = $45,000

Tablecloths:

Allocated cost = Allocation rate × Weight of base

                        = $150 × 750

                        = $1,12,500

Bottles:

Allocated cost = Allocation rate × Weight of base

                        = $150 × 950

                        = $1,42,500

The allocated budgeted overhead costs to the products are: Plastic Cups: $45,000, Plastic Tablecloths: $112,500, and Plastic Bottles: $142,500.

To allocate the budgeted overhead costs to the products based on machine hours, we first need to determine the overhead rate per machine hour.

[tex]\[ \text{Overhead Rate per Machine Hour} = \frac{\text{Total Overhead Costs}}{\text{Total Budgeted Machine Hours}} \][/tex]

Plugging in the given values:

[tex]\[ \text{Overhead Rate per Machine Hour} = \frac{\$300,000}{2,000 \text{ hours}} \]\[ \text{Overhead Rate per Machine Hour} = \$150 \text{ per hour} \][/tex]

Now, we can allocate the overhead costs to each product using their respective budgeted machine hours:

1. Plastic Cups :

Overhead Costs for Cups = [tex]\text{Overhead Rate per Machine Hour} \times \text{Budgeted Machine Hours for Cups} \][/tex]

[tex]\[ \text{Overhead Costs for Cups} = \$150 \times 300 \text{ hours} = \$45,000 \][/tex]

2. Plastic Tablecloths :

  Overhead Costs for Tablecloths = [tex]\text{Overhead Rate per Machine Hour} \times \text{Budgeted Machine Hours for Tablecloths} \][/tex]

[tex]\[ \text{Overhead Costs for Tablecloths} = \$150 \times 750 \text{ hours} = \$112,500 \][/tex]

3. Plastic Bottles :

  Overhead Costs for Bottles = [tex]\text{Overhead Rate per Machine Hour} \times \text{Budgeted Machine Hours for Bottles} \][/tex]

  [tex]\[ \text{Overhead Costs for Bottles} = \$150 \times 950 \text{ hours} = \$142,500 \][/tex]

Therefore, the allocated budgeted overhead costs to the products are as follows:

- Plastic Cups: $45,000

- Plastic Tablecloths: $112,500

- Plastic Bottles: $142,500

B) Added value

Explanation:

Added value - It is an improvement to the product or service making it more worthwhile.

Competitive advantage makes the product or service more desirable than other competitors.

In this scenario, there is no competition of the services as yet, but definitely has an added value by improving the services.

This firm has achieved competitive advantage and added value

Explanation:

Through adding value to their products and services or can their own prices more than their competition in the industry, a business has a competitive advantage.

The competitive advantage is generated through the use of capital and ability to achieve indeed a lower cost level or a distinct commodity.

The preference of low cost or separation positions a company in its sector. This judgement is a key element of the competitive strategy of the organization.

Answer:

Explanation:

PESTLE analysis is a tool to identify those external factors which influences organization.

P: Political Factors influencing organization's performance.

E: Economical Factors creating hurdles in the way of the organizations.

S: Social Factors account for changed behavior of consumers towards organization.

T: Technological Factors playing it's role in influencing organizational performance.

L: Legal Factors accounting for legal barriers for the organizations.

E: Environmental Factors affecting companies but no one pays attention to it.

Answer:

Company c. is the most profitable according to the profit margin ratio.

Profit margin ratio describes that what percentage of sales is left after paying all the cost and expenses of the company. It shows the share of profit in the sales value.

Explanation:

a.

Net income : $4,361

Net sales : $44,500

Profit Margin Ratio = ( Net Income / Net sales ) x 100

Profit Margin Ratio = ($4,361 / $44,500) x 100 = 9.8%

b.

Net income : $97,706

Net sales : $398,800

Profit Margin Ratio = ( Net Income / Net sales ) x 100

Profit Margin Ratio = ($97,706 / $398,800) x 100 = 24.50%

c.

Net income : $111,281

Net sales : $257,000

Profit Margin Ratio = ( Net Income / Net sales ) x 100

Profit Margin Ratio = ($111,281 / $257,000) x 100 = 43.30%

d.

Net income : $65,646

Net sales : $1,458,800

Profit Margin Ratio = ( Net Income / Net sales ) x 100

Profit Margin Ratio = ($65,646 / $1,458,800) x 100 = 4.50%

e.

Net income : $80,142

Net sales : $435,500

Profit Margin Ratio = ( Net Income / Net sales ) x 100

Profit Margin Ratio = ($80,142 / $435,500) x 100 = 18.40%

To compute the profit margin, divide the net income by the net sales and multiply by 100. Company c is the most profitable with a profit margin of 43.28%.

To compute the profit margin for each company, divide the net income by the net sales and multiply by 100. For company a, the profit margin is (4,361 / 44,500) * 100 = 9.79%. For company b, the profit margin is (97,706 / 398,800) * 100 = 24.50%. For company c, the profit margin is (111,281 / 257,000) * 100 = 43.28%. For company d, the profit margin is (65,646 / 1,458,800) * 100 = 4.50%. For company e, the profit margin is (80,142 / 435,500) * 100 = 18.40%.

Based on the profit margin ratio, company c is the most profitable with a profit margin of 43.28%. This means that for every dollar of net sales, company c is earning a profit of 43.28 cents.

https://brainly.com/question/34586882

#SPJ3

Answer:

Retained earnings balance for year ended 31st December,2018 is $297m.

Find details in the attached spreadsheet.

Explanation:

In order to compute the closing balance of retained earnings,the retained for the current year was first of all calculated by the formula below:

Retained earnings=Revenue-Expenses-Dividends declared.

Finally,the opening retained earnings of $240m was  added to current year retained earnings of $57m gives $297m

Answer:

Effective annual rate 8.24%

Explanation:

We solve for the effective rate by calcualte how much is the value of the APR with quarterly compounding.

[tex](1+\frac{APR}{M} )^m = 1 + EAR[/tex]

[tex](1+0.08/4)^4 = 1+ EAR\\(1+0.08/4)^4 -1 = EAR\\\\EAR = 0.08243216[/tex]

Final answer:

The Effective Annual Rate (EAR) for an 8% APR with quarterly compounding is approximately 8.24%, which is higher than the nominal APR due to the effects of compound interest.

Explanation:

The student's question pertains to the conversion of an Annual Percentage Rate (APR) to the Effective Annual Rate (EAR) of interest when payments are made quarterly. APR represents the nominal interest rate provided on a yearly basis without taking into account the effect of compounding within the year. However, when an APR is given, and payments or interest compounding occur more frequently than annually, the actual interest rate is higher than the nominal rate due to the effects of compound interest. To determine the EAR, one must take into account the frequency of compounding.

The formula to calculate the Effective Annual Rate when interest is compounded quarterly is EAR = (1 + APR/n)ⁿ - 1, where 'APR' is the annual percentage rate and 'n' is the number of times interest is compounded per year. For quarterly compounding, n = 4.

To calculate the EAR for an 8% APR compounded quarterly: EAR = (1 + 0.08/4)⁴ - 1. Doing the calculation: EAR = (1 + 0.02)⁴ - 1, EAR = 1.08243216 - 1, EAR = 0.08243216, or an effective annual rate of about 8.24%.

Therefore, although the APR is 8%, the actual interest accrued over a year due to quarterly compounding will be slightly higher at approximately 8.24%. This is the effective annual rate of interest that the borrower would experience.

Answer:

True

Explanation:

Both the countries can achieve gains from the trade because the trade is largely based on the principle of comparative advantage. The principle of comparative advantage states that a country has a comparative advantage in producing a good if it produces that good with a lower opportunity cost than the other country.

Trade is not based on the absolute advantage but on the comparative advantage. A country is having a absolute advantage in producing a commodity if it uses the minimum resources than the other country.

It doesn't matter which country has a absolute advantage in a trade.

Answer:

$327,975.21

Explanation:

The computation is shown below:

Future value = Present value × (1 + interest rate)^number of years

where,

Present value = $2,000

Rate = 12%

Number of years = 45 years

So, the future value

= $2,000 × (1 + 0.12)^45

= $2000 × 163.987603871

= $327,975.21

Basically we applied the future value formula by considering the present value, time period, and the number of years

Answer:

Following is attached the required solution for the question.

I hope it will help you!

Explanation:

Answer:

Guppy gummies and Raskels

Explanation:

The relevant elasticity here is the cross-price elasticity of demand. Cross-price elasticity of demand or simply cross elasticity of demand measures the degree of responsiveness of the quantity demanded of a product as a result of change in the price of another product, ll other things being equal.

The formula for calculating is stated as follows:

[tex]E_{c} = \frac{Percentage change in quantity demand of good X}{Percentage change in the price of good Y}[/tex]

     = %Δ in the quantity of X ÷ %Δ in the Price of good Y

We can use the formula to determine the elasticity of the goods as follows:

1. Cross elasticity of Guppy gummies and Raskels (Ecgr)

%Δ in the price of guppy gummies = 5%

%Δ in the quantity of raskels = = - 4%

Ecgr = - 4% / 5% = - 0.80

1. Cross elasticity of Guppy gummies and Kipples (Ecgk)

%Δ in the price of guppy gummies = 5%

%Δ in the quantity of  Kipples = 5%

Ecgk = 5% / 5% = 1.00

Decision Rule:

When cross elasticity is negative, it implies the two products are complements. In this case, Guppy gummies and Raskels are complements.

When cross elasticity is positive, it implies the two products are substitutes. In this case, Guppy gummies and Kipples are substitutes.

Decision:

Since, Guppy gummies and Raskels are complements while, Guppy gummies and Kipples are substitutes; therefore, the marketing firm should advertise Guppy gummies and Raskels that are compliments together. This is because increase in the sales of one will lead to an increase in the sales of the other one.

Answer:

a. To de-emphasize negative news

b. To emphasize an action instead of the recipient of an action

c. To conceal the doer of an action

Explanation:

Passive voice is ideal when you want reduce impact of bad news, to emphasise on an action and not the recipient, and when concealing the doer of an action.

Usually passive voice is used when you want to draw a person's attention from the doer of an action.

In business writing, passive voice is typically used to de-emphasize negative news, emphasize an action over a person, and to avoid identifying who is responsible for an action. The correct answer is option a, b and c.

In writing business messages, the use of active or passive voice impacts the tone and focus of the message. While active voice is generally preferred for its directness and clarity, there are situations where passive voice can be useful:

https://brainly.com/question/34215158

#SPJ3

Answer:

The communication behaviour that kim is engaged in is selective self-disclosure.

Explanation:

Self-disclosure is a process of communication by which one person reveals information about themselves to another. The information can be descriptive or evaluative, and can include thoughts, feelings, aspirations, goals, failures, successes, fears, and dreams, as well as one's likes, dislikes, and favorites.

Selective self-disclosure means self-disclosure but providing only that information which will create a positive image of one person on another.

Answer:

Keeping quiet

Explanation:

Kim decides the public does not need this information.

Answer:

The correct answer is letter "A": Federal Trade Commission (FTC).

Explanation:

The Federal Trade Commission (FTC) is an independent American agency that has the mission of promoting consumer rights and the abolition and prevention of practices that affect free competition. The FTC is in charge of investigating fraud and misleading advertisements.

Answer:

A. creating the company income statement.

Explanation:

The creation of the companie's income statement is not within the scope of an operation manager's role.

It is a function of the accounting department, and shows the financial position at a particular point in time. Income statements are prepared in relation to profit and loss that the company is making. It shows a snap-shot of financial position so that management can make informed business decisions.

Answer:

The correct answer is letter "A": creating the company income statement.

Explanation:

Operations managers are responsible for implementing business practices, in an attempt to increase income, to achieve the highest possible level of productivity within an enterprise. Managers use their decision-making authority to acquire resource inputs, then use them to produce goods and services that meet customer needs.

Creating the company income statement falls into the duties of the Accountant.

Answer:

Given that,

Wallace contributing = $92,000

Simpson contributing = $72,000

Wallace capital balance = $84,000

Wallace sold one-half of his partnership interest to Prince for $63,000,

Now, 50% of the share is transferred to the prince:

= 50% of Capital balance of Wallace (at that time)

= 50% × $84,000

= $42,000

Therefore, the journal entry is as follows:

Wallace capital A/c Dr. $42,000    

        To Prince capital                $42,000

(To record the transfer of share)

Answer:

If the offer is rejected by the Dall then the offer is no more in place. The particular reason is that Martin is not required to tell Dall that the offer is no more in place. Suppose Martin is wishing to close his offer and till now Dall has not declined the offer. So Martin will have to communicate Dall that the offer is been closed. If Dall has communicated Martin that he has rejected the offer, then this means the offer essence has vanished. Hence Martin has no liability towards Dall, if Dall sues him.

Answer:

C) partnership

Explanation:

In partnership the partner share the profit / loss of a business and can also participate in the operation of the business. Corporation is is a form of large company they work for the common interest and sole proprietorship does not share the profit or operations of the company with others.

Explanation:

The adjusting journal entries are shown below:

On January 15

1. Cash A/c Dr $600                ($60 × 10 voice lessons)

    To Unearned revenue A/c $600

(Being the cash is received)

On January 31

2. Unearned revenue A/c Dr $480     ($60 × 8 voice lessons)

                  To Service revenue A/c  $480

(Being the unearned revenue is recorded)