Standard deviation measures the volatility of the return of a stock. The lower the standard deviation, the less the return fluctuates, meaning the lower the risk level. A portfolio is a combination of stocks and bonds. Stock A and Stock B have a covariance of 0.0007.
Covariance is a statistical measure of the relationship between two stocks. When the covariance is positive, it implies that both stocks tend to move together (either positively or negatively). If it is negative, the stocks move in opposite directions.For the portfolio of stocks A and B to result in the lowest possible risk level, the correlation coefficient has to be calculated first. The formula for the correlation coefficient is as follows: Correlation coefficient = Covariance / (Standard deviation of stock A x Standard deviation of stock B)The value of the correlation coefficient is 0.7.
Since the correlation coefficient is greater than zero, the stocks move together and, therefore, have a positive covariance.The standard deviation of a portfolio of two stocks is given by: SD portfolio = √(WASDA squared+WBSDB squared+2WAWBSDA*DB*Correlation coefficient)where:WAS is the weight of stock A in the portfolio WBS is the weight of stock B in the portfolio SDA is the standard deviation of stock A in the portfolio SDB is the standard deviation of stock B in the portfolio.
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Groups emphasize all of the following except: a. collective work products. b. individual leadership. c. exclusive work products. d. personal accountability.
Groups emphasize all of the following except individual leadership. Option B
Groups are typically characterized by collective work products, where members collaborate and contribute their skills and knowledge to achieve shared goals.
The emphasis is on teamwork and leveraging the collective expertise of group members to accomplish tasks or projects. The focus is on the outcomes that the group can achieve together rather than individual leadership.
Groups also often emphasize personal accountability, where each member is responsible for their contributions and commitments to the group. This accountability helps ensure that individuals fulfill their roles and responsibilities, fostering a sense of ownership and commitment to the group's objectives.
Additionally, groups may emphasize exclusive work products, which refers to the unique contributions that emerge from the collective efforts of the group. By leveraging the diverse perspectives and skills of its members, a group can generate innovative and comprehensive solutions that may not have been possible individually. Option B.
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The Income Statement and Balance Sheet can tell you your return on equity: profit divided by equity. Last year you made a profit of $74,261 and the balance sheet shows your ending equity at $2,497,286. What is your return on equity? a) About 3% b) about 4% c) about 6% d) about 9%
Answer:
Return on equity = 3% (Approx.)
Explanation:
Given:
Profit = $74,261
Ending equity = $2,497,286
Find:
Return on equity
Computation:
Return on equity = [Profit / Ending equity]100
Return on equity = [74,261/2,497,286]100
Return on equity = 2.9736
Return on equity = 3% (Approx.)
You should compare them based on certain criteria: number of students, size of classes, teachers, teaching and learning methods, etc.
When comparing schools, it is important to consider various criteria such as the number of students, class size, teachers, teaching and learning methods, curriculum, facilities, location, and extracurricular activities.
The number of students in a school can affect the level of individual attention and the quality of instruction. A smaller number of students may lead to smaller class sizes and more personalized attention from teachers.
Class size can also affect the level of individual attention and the ability of teachers to differentiate instruction to meet the needs of each student.
The quality and experience of teachers is an important factor in the success of a industry school. The teaching and learning methods used in the school should be effective in engaging students and promoting learning.
The curriculum should be relevant and challenging, and the facilities should be safe and conducive to learning.
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What is the meaning of time recovering
Answer:
to recover a wound
Explanation:
time to recover the sentence shows recover what can possibly recover ofcource a wound.
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.
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.
A stock dividend ______. (Check all that apply.) Multiple select question. causes retained earnings to decrease. increases a stockholders' percentage ownership in the corporation. causes total stockholders' equity to decrease. distributes additional shares of stock to existing stockholders on a pro rata basis.
Based on the stock market analysis and considering the available options, a stock dividend causes retained earnings to decrease.
Also, a stock dividend is known to distribute additional shares of stock to existing stockholders on a pro-rata basis.
A stock dividend is generally a dividend given to shareholders instead of money. It helps the company to give back to shareholders without affecting the company's cash assets.
Hence, in this case, it is concluded that the correct answer is options A and D.
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which republicans voted for debt ceiling
Answer:
John Barrasso of Wyoming, Roy Blunt of Missouri, Susan Collins of Maine, John Cornyn of Texas, Mitch McConnell of Kentucky, Shelley Moore Capito of West Virginia, Lisa Murkowski of Alaska, Rob Portman of Ohio, Mike Rounds of South Dakota, Richard Shelby of Alabama, and John Thune of South Dakota.
Matching the demand rate with the production rate is a primary lever to reduce A. cycle inventory. B. pipeline inventory. C. work-in-process inventory. D. anticipation
Option (A) Matching the demand rate with the production rate is a primary lever to reduce cycle inventory. Cycle inventory is the inventory held to satisfy average demand during the time it takes to receive an order.
When demand rate and production rate are matched, the cycle inventory level is minimized as the inventory is not built up unnecessarily. This is an effective way to avoid stockpiling inventory that can become obsolete or damaged and can lead to significant storage costs. By keeping cycle inventory levels low, businesses can focus on using their resources more efficiently and reduce the risk of inventory write-offs.
Matching the demand rate with the production rate is also effective in reducing pipeline inventory. Pipeline inventory is inventory in transit between different locations, including suppliers, warehouses, and customers. When the demand rate exceeds the production rate, pipeline inventory can accumulate, leading to delays in delivering products to customers.
Conversely, if the production rate is higher than the demand rate, the company may end up with an excess inventory that will need to be stored, which can increase carrying costs. Thus, matching the production rate with demand can help businesses keep pipeline inventory levels under control and ensure that the right amount of inventory is moving through the supply chain at any given time.
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we’re putting numbers on the features. assume the comparable sold for a price of $350,000. using the values of these features, what's the new value of the comparable?
we’re putting numbers on the features. assume the comparable sold for a price of $350,000.
The new value of the comparable would be $406,000.
To determine the new value of the comparable, you can follow the steps below:
1. Assign a numerical value to each feature based on its impact on the overall value of the property. For example, if a feature adds significant value, assign a higher number, and if it has little impact, assign a lower number.
2. Add up the numerical values of all the features.
3. Divide the total value by the sum of the feature values. This will give you the average value per feature.
4. Multiply the average value per feature by the number of features in the comparable.
5. Add the result to the original price of $350,000 to obtain the new value of the comparable.
Here's an example calculation:
Let's say the average value per feature is $10,000 and there are 5 features in the comparable.
Step 1: Assign numerical values to the features:
Feature 1: $12,000
Feature 2: $10,000
Feature 3: $8,000
Feature 4: $15,000
Feature 5: $11,000
Step 2: Add up the feature values:
$12,000 + $10,000 + $8,000 + $15,000 + $11,000 = $56,000
Step 3: Calculate the average value per feature:
$56,000 / 5 = $11,200
Step 4: Multiply the average value per feature by the number of features:
$11,200 * 5 = $56,000
Step 5: Add the result to the original price of $350,000:
$350,000 + $56,000 = $406,000
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The new value of the comparable property is $43,000. Based on the given values, we can calculate the new value of the comparable property by adding up the values of each feature.
The comparable property has three bedrooms, so we multiply 3 by $5,000, which gives us $15,000.
It also has two bathrooms, but only one of them is a full bath, so we multiply 1 by $5,000 and 1 by $2,500. This gives us $5,000 for the full bath and $2,500 for the half bath, totaling $7,500.
The comparable property has a one-car garage, so we multiply 1 by $1,500, giving us $1,500.
There is a fireplace in the comparable property, so we add $1,000 to the total.
The comparable property has an unfinished basement, which adds $15,000 to the total.
Finally, there is a pool, which adds $3,000 to the total.
Adding up all these values, the new value of the comparable property would be
$15,000 + $7,500 + $1,500 + $1,000 + $15,000 + $3,000 = $43,000.
Therefore, the new value of the comparable property is $43,000.
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Given question is incomplete. Hence, the complete question is :
Assume the comparable sold for a price of $350,000. Using the values of these features, what's the new value of the comparable? Remember, the comparable has three bedrooms, two bathrooms, a one-car garage, a fireplace, an unfinished basement, and a pool. The subject property has four bedrooms, two-and-a-half bathrooms, a two-car garage, and a finished basement, but no fireplace or pool.
Bedroom = $5,000
Half bath = $2,500
Garage = $1,500
Fireplace = $1,000
Basement = $15,000
Pool = $3,000
What are the four main objectives of the NCAA licensing program.?
The four main objectives of the NCAA licensing program are, Securing the NCAA brand, Generating revenue, Promoting fair play and amateurism, Supporting fans and graduated class.
What are the four main objectives of the NCAA licensing program?Securing the NCAA brand: The authorizing program guarantees that the utilize of the NCAA title, logos, and marks are authorized and utilized suitably. This makes a difference secure the keenness and esteem of the NCAA brand.
Generating revenue: The authorizing program produces income for the NCAA and part educate through the deal of authorized stock. This income is utilized to bolster
NCAA programs and activities, such as grants, scholarly back, and sports security investigate.
Promoting fair play and amateurism: The permitting program makes a difference advance reasonable play and awkwardness in college sports by guaranteeing that authorized items don't portray student-athletes in a proficient or commercial setting.
Supporting fans and graduated class: The permitting program gives fans and graduated class with get to to a wide run of NCAA-branded stock, permitting them to appear their back for their favorite groups and schools. This makes a difference construct and keep up a solid association between fans and the NCAA.
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a luxury car company that markets its products to consumers who have a strong need to project an image of power and success uses which method of market segmentation?
The luxury car company is using demographic segmentation. Demographic segmentation involves dividing the market into segments based on variables such as age, gender, income level, family size, and occupation. This allows the company to target consumers who have a strong need to project an image of power and success.
Demographic segmentation is a method of market segmentation that involves dividing a market into subgroups based on demographic variables, such as age, gender, income, education, occupation, marital status, family size, and ethnicity. This type of segmentation allows companies to tailor their marketing efforts and product offerings to specific demographic groups that are likely to have different needs, preferences, and purchasing behaviors. For example, a company that sells baby products may target its marketing efforts toward new parents, while a company that sells luxury cars may target high-income consumers who are likely to have more disposable income to spend on expensive cars.
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Explain how a discount toy store would acquire products, set prices, and handle a decrease in interest with a particular toy that the store
presently has a huge supply of. Explain how they would know interest has declined. Is it really that big of a problem to have a huge supply of the product?
A discount toy store can acquire products through various channels such as wholesale suppliers, manufacturers, distributors, and even online marketplaces. In the case of a decrease in interest in a particular toy, the store can monitor sales data to determine if there has been a decline in demand.
They can negotiate for lower prices with the suppliers to keep the cost of goods low. The store can also rely on customer feedback and market trends to decide on which products to stock. Once they have acquired the products, they can set prices based on the cost of goods, competition, and demand.
In the case of a decrease in interest in a particular toy, the store can monitor sales data to determine if there has been a decline in demand. They can also conduct surveys or use social media to gather feedback from customers. If they find that interest has declined, they can reduce the price of the toy to clear inventory or offer promotions such as buy-one-get-one-free deals to increase sales.
Having a huge supply of a particular product can be a problem for the store as it ties up their capital and storage space. It also increases the risk of the product becoming obsolete or outdated, which can result in losses. Therefore, it is important for the store to manage their inventory effectively by monitoring sales and adjusting their pricing strategy accordingly.
The store can also consider donating excess inventory to charity or selling it to liquidators to recoup some of their costs. In summary, a discount toy store can acquire products at low prices, set competitive prices based on demand and competition, and handle inventory by monitoring sales and adjusting prices as necessary.
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Which of the following scenarios best describes the impact ethical factors can have on the law of supply and demand?
A. A coffee company must raise prices in order to offset losses caused by an earthquake that destroyed crops in injured farmers.
B. An apparel company decides to move production to another country where the cost of production and shipping are lower.
C. Use of social media companies product declines after article reveals a company has been collecting user data without permission.
D. A bottling company conducts massive layoffs when an advance in robotics enables and company to streamline the bottling process.
Answer: C
Explanation:
The scenario that best describes the impact ethical factors can have on the law of supply and demand is C. In this scenario, the use of a social media company's product declines after an article reveals that the company has been collecting user data without permission. The company's unethical behavior has led to a loss of trust among its users, which has resulted in a decrease in demand for its product. This, in turn, has impacted the company's supply chain and profitability.
What do you mean by search of trade?Why is it essential?
Answer:
trade means buying and selling good and service
Answer:
it takes time,resourses and money to creat and luanch distinctive and affective brands..in most instances,trade searching id an important first step in any trade registration to avoid adopting brans that infrige third-party trademark rights.
Gossip and rumor in an organization are part of the ________, which itself is a type of ________ communication channel. Multiple Choice organizational chart; informal grapevine; informal grapevine; external organizational chart; external
Gossip and rumor in an organization are part of the Grapevine, a type of Informal communication channel.
This is because a Grapevine is a form of an informal communication channel in a business organization. In this way, the information can be diffused from any level, either from bottom to top or top to bottom.
The information passed is usually in the form of gossip and rumor. It does not have official backing or formal approaches such as through emails of the business firm or signed and stamped letters.
Hence, in this case, it is concluded that the correct answer is Grapevine; and informal.
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Discuss the importance of a Tourism Master. Identify any
challenges to the current master plan for your selected destination
and recommend any needed improvements.
A Tourism Master Plan is essential for destination management, but challenges may arise. Recommendations for improvement can address sustainability, infrastructure, and stakeholder engagement.
A Tourism Master Plan plays a crucial role in destination management by providing a comprehensive framework for sustainable tourism development. It helps guide the growth, infrastructure, and marketing strategies of a destination. The plan should consider factors such as visitor experience, environmental impact, community engagement, and economic benefits.
Challenges to the current master plan for a destination can vary but may include issues such as inadequate infrastructure, overcrowding, environmental degradation, and insufficient stakeholder collaboration. For instance, a destination might face challenges related to carrying capacity, where the influx of tourists exceeds the destination's ability to manage the impacts effectively.
To address these challenges, improvements to the master plan can focus on enhancing sustainability measures, such as promoting responsible tourism practices, managing visitor flows, and protecting natural and cultural resources. Additionally, infrastructure development to support tourism needs, including transportation, accommodation, and facilities, should be considered.
Engaging with stakeholders, including local communities, businesses, and government authorities, is vital for successful implementation. Continuous monitoring, evaluation, and adaptability of the master plan are also crucial to ensure its effectiveness in meeting evolving tourism demands and addressing emerging challenges.
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The bowed-outward shape of the production possibilities frontier can be explained by the fact that.
The bowed-outward shape of the production possibility frontier illustrates that the opportunity cost of one good in terms of the other depends on how much of each good the economy is producing.
What is Production Possibility Frontier?The production possibility frontier (PPF) is a curve in economics that depicts the maximum amounts that two goods can create if they both rely on the same limited resource for production.
From the attached picture below, Let's assume that:
The vertical product is: wineThe horizontal product is: cottonThe bowed-outward shape of the production possibility frontier illustrates that the opportunity cost of one good in terms of the other depends on how much of each good the economy is producing.
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discuss three consequences of
unemployment on the individuals
Answer:
it compells an individual to suffer form various problems like financial hardship and poverty, debt, homelessness and housing stress, family tensions ,etc.
Explanation:
hope it may help you
Being unemployed is a highly stressful situation, so it may cause stress-related health issues such as headaches, high blood pressure, diabetes, heart disease.
There ya go. :)
technological advances allow smaller companies to compete with larger companies. group of answer choices true false
True, Technological advances allow smaller companies to compete with larger companies.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.
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the frequent use of promotional pricing can encourage customers to only buy when a brand is on sale. group of answer choices true false
The frequent use of promotional pricing can encourage customers to only buy when a brand is on sale true.
Promotional pricing is a income approach wherein a dealer or a logo quickly reduces the rate of a product or a provider with the intention to draw greater customers. Promotional pricing works through growing the purchaser's urgency to buy with a limited-provide deal.
Promotional pricing can assist with purchaser acquisition through encouraging cost-aware buyers to buy. It can growth revenue, construct purchaser loyalty, and enhance short-time period coins flow.
A promotional pricing approach works fine withinside the short-time period. Value-based, competition-based, cost-plus, and dynamic pricing are all fashions which can be used frequently, relying at the enterprise and commercial enterprise version in question.
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What percentage of consumers will NOT eat in a restaurant with negative online reviews about its cleanliness?
O A. 33 percent
OB.
O C.
O D.
less than 10 percent
75 percent
approximately 50 percent what’s the answer?
About 75% of consumers will not eat at a restaurant with negative online reviews about its cleanliness.
According to Business Wire research, 75% of people will not visit a restaurant that has received unfavorable ratings concerning its hygiene. Negative ratings concerning cleanliness have the greatest impact on restaurants, surpassing hotels and doctor's offices.
A restaurant's cleanliness is obviously critical. When the restaurant sector slows, though, hygiene generally takes a back seat. And the current consumer trend of reading reviews online before visiting a restaurant affects the business as everything from the ambiance, the food, the service, and the cleanliness is taken into consideration.
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what is stock exchange?
Ralph is leasing a $32,000 car for 36 months. The terms of his lease include an 8. 5% interest rate (money factor of 0. 00354) and a residual value of 72%. Determine Ralpha's approximate monthly lease payment. A. $145. 00 b. $230. 40 c. $248. 89 d. $443. 73.
Based on the information given Ralpha's approximate monthly lease payment is d. $443. 73.
Residual value=$32,000×72%
Residual value=$23,040
Depreciation=$32,000-$23,040
Depreciation=$8,960
Base monthly lease payment=$8,960/36
Base monthly lease payment=$248.89
Interest per month=($32,000+$23,040)×0.00354
Interest per month=$55,040×0.00354
Interest per month=$194.84
Monthly lease payment=$248.89+$194.84
Monthly lease payment=$443.73
Inconclusion Ralpha's approximate monthly lease payment is d. $443. 73.
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Match the examples with the types of goods. To match them, click the example, and then click the type of good.
Match the examples with the types of goods.
To match them, click the example, and then click the type of good.
Omar buys a snack bag of chips that he noticed while waiting in line at the store.
Unsought good
Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in an accident or burglary.
Convenience impulse good
Jamie goes to the store to buy toothpaste.
Convenience staple good
Wanda reads reviews of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item.
Shopping good
Adriana only buys doughnuts from her favorite local doughnut shop.
Specialty good
Answer:
1. Convenience impulse good
2. Unsought good
3. Convenience staple good
4. Shopping good
5. Specialty good.
Explanation:
1. Omar buys a snack bag of chips that he noticed while waiting in line at the store: Convenience impulse good.
A convenience impulse good can be defined as goods (products) that an individual purchases without planning to buy them or having prior intention to do so. Therefore, convenience goods are easily available and often purchased by impulse.2. Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in an accident or burglary: Unsought good.
Unsought goods can be defined as goods or services that an individual do not think of buying or isn't aware of but purchases due to a fear of danger (damage).3. Jamie goes to the store to buy toothpaste: Convenience staple good.
A convenience staple good can be defined as goods (products) that an individual consumes on a regular basis and as such are purchased more often.4. Wanda reads reviews of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item: Shopping good.
Shopping goods can be defined as goods (products) that an individual purchases after doing due diligence by comparing its style, quality and price in other stores.5. Adriana only buys doughnuts from her favorite local doughnut shop: Specialty good.
Specialty goods refers to consumer goods that an individual considers to be exclusive and unique, for which he or she would go any length and perhaps, do anything to get them due to the strong preference.Question 8 of 20 Which of the following reasons for writing a formal business document would lead you to write a proposal?
A. To tell your manager a project is on budget and on schedule
B. To summarize what happened during a meeting
C. To convince your manager to use a new meeting organization tool
D. To describe what tasks you completed during the week
Answer: i say A
Explanation:
Answer:
cc just did it
Explanation:
What is the first step in the federal budget process?
a. Congress debates and compromises on a budget
b. Federal agencies propose spending
c. Executive branch creates a budget
d. President signs or vetoes budget
Answer:
executive branch create a budget
Explanation:
i think in every budget process the first step is to plan or create a budget
The Executive branch creates a budget, which is the Frist step in the federal budget process. Therefore option C is correct.
What is Budget?
A spending plan based on income and costs is called a budget. In other words, it's a projection of your income and expenses for a specific time frame, like a month or a year.
You can always have enough money for the things you need and the things that are crucial to you because budgeting helps you to make a spending plan for your money. Maintaining a budget or spending plan will also assist you in remaining out of debt or, if you are already in debt, in overwhelming it.
Depending on the specific area of the business that has to be prioritized, different budgets can be prepared. Below are three examples of common budgeting plans.
Forecast Budget
Performance Budget
Cash Budget
Hence, firstly executive branch creates a budget.
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A big crowd is watching a football game. Suddenly, everyone jumps to their feet and starts cheering. The home team scored a touchdown. They are now in the lead. What is the stimulus in this scenario?
A) They are now in the lead.
B) The home team scored a touchdown.
C) A big crowd is watching the game.
D) Suddenly, everyone jumps to their feet and starts cheering.
B)
Explanation:
the definition of stimulus is something that causes a reaction so b is the only one that makes sense
Develop a program to calculate the expected yearly income for a NSW farming land.
"GREEN FARMLAND" is located in south of new south wales and it's a 1000 hectare property. The land will be always separated into 3 groups and three differnt variety of vegatables are farmed.
1) The first 300 hectare will be planted with tomatoes. (Tomatoes can be planted 3 times a year).
The avergae market price of Tomato per kilo is $2.50
2) The middle 500 hectare's will be farmed with potatoes (Potatoes can be planted 2 times a year)
The avergae market price of Potato per kilo is $1.70
3) The final 200 hectares will be planted with Banana's. (Banana tree can be planned only once a year)
The avergae market price of Banana per kilo is $3.5
Write a program that reads a number from farmer to get the expected yield of product in kilo per hectare (for one round of planting and not an entire year) .
Then calculate the total expected final yield for each produce and expected final amount for the entire year.
The program calculates the expected yearly income for "GREEN FARMLAND" by multiplying the expected yields with the respective areas and market prices, providing the total expected final amount for each crop and the entire year.
To calculate the expected yearly income for "GREEN FARMLAND," we can follow these steps:
1. Obtain input from the farmer: Prompt the farmer to enter the expected yield of each product in kilos per hectare for one round of planting.
2. Calculate the total yield for each produce: Multiply the expected yield per hectare by the corresponding area allocated for each crop. For tomatoes, multiply the expected yield by 300 hectares. For potatoes, multiply the expected yield by 500 hectares. And for bananas, multiply the expected yield by 200 hectares.
3. Calculate the expected final amount for each produce: Multiply the total yield for each produce by the market price per kilo. For tomatoes, multiply the total yield by $2.50. For potatoes, multiply the total yield by $1.70. And for bananas, multiply the total yield by $3.50.
4. Calculate the total expected final amount for the entire year: Add up the expected final amounts for tomatoes, potatoes, and bananas.
In summary, by multiplying the expected yield per hectare by the respective area, then multiplying the total yield by the market price per kilo, we can calculate the expected final amounts for each produce and determine the total expected final amount for the entire year.
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When ABC International engages in the unethical practice of concealing business income, it is called skimming.
true or false
False. Skimming refers to the act of taking cash payments from customers and not recording them as sales revenue, thereby concealing the income from the business.
It is a form of embezzlement or fraud where funds are siphoned off before they can be recorded in the company's books. However, skimming does not specifically involve concealing business income. Concealing business income, on the other hand, refers to intentionally hiding or not reporting the true income generated by a business. This can be done through various means such as underreporting sales, inflating expenses, or manipulating financial records. Concealing business income is an unethical practice and can have serious legal and financial consequences. It is important for businesses to accurately report their income to comply with tax regulations, maintain transparency, and ensure fairness in financial dealings.
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On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720.
Complete Question:
On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720
Journalize the first interest payment and the amortization of the related bond discount using the Straight line method
Answer:
Kindly check Explanation
Explanation:
Given the following :
Face value of bond issued = $1,450,000
Cash received on Issuance = $1,408,720
Number of Interest payment on bond = 5 × 2 = 10(semiannual)
Therefore, discount on bond :
$(1,450,000 - 1,408,720) = $41,280
Spreading or amortizing diacou t on bond over the bond duration (use te straight line method)
Discount / period
$41,280 / 10 = $4,128
Interest expense a/c Dr $40,378
To discount on bond payable a/c Cr $4128
To cash a/c $36,250