Answer: See explanation
Explanation:
The factors that led to the rise of this additional source of income for composers and musicians were due to the fact that music began to be widely accepted and the publicity also helped.
In the classical era, it should be noted that the kings supported musicians as music was played at palace and were also part of rituals. Musicians were called to different ceremonies and were rewarded handsomely for their music.
It was then widely accepted among the people in the society. The number of musicians increased as well and they became popular, made more money and also became popular.
.
Which of the following is not a travel, hospitality, and tourism career?
A. Chef
B. Pilot
C. Curator
D. Truck driver
Answer:
I think its cyan because a chef is hospitality, pilot is tourism, and truck driver is travel
Answer:
I think its chef
Explanation:
What can a government do to best redistribute wealth?
A. Put tariffs and duties in place to collect revenue.
B. Offer government-owned lands for sale to the public.
C. Encourage the creation of small businesses by means of grants.
D. Adopt of a progressive tax system.
If the average ROA in the heating and cooling industry is 10.1%, and Therma Corp ROA is 17.3%, Thermacare is said to have
Answer:
Thermacare is said to have the more efficient business.
Explanation:
Return on assets (ROA) is an accounting ratio that reveals the percentage of the profitability of the assets of a firm in generating revenue.
ROA tells the amount of dollars of earnings that a company derives from each dollar of assets it has.
ROA therefore indicates the level of profitability of a firm relative to its total assets.
ROA can be calculated using the following formula:
ROA = Net income / Average total assets
From the calculated ROA using the formula above, a manager, investor, or analyst can determine how efficient the management of a firm is at employing the assets of the firm in generate earnings.
Therefore, when two companies are compared, a company that has a higher ROA is said to have a more efficient business.
Since the average 17.3% ROA of Therma Corp is higher than the average 10.1% ROA of the heating and cooling industry, Thermacare is thereforee said to have the more efficient business.
Assume the following sales data for a company: 2023 $966000 2022 871000 2021 696800 If 2021 is the base year, what is the percentage increase in sales from 2021 to 2022?
Answer:
Percentage increase in sales = 25%
Explanation:
Percentage increase in sales = Sales for 2022 - Sales for 2021/Sales for 2021
Percentage increase in sales = $871000 - $696800 / $696800
Percentage increase in sales = $174200 / $696800
Percentage increase in sales = 0.25
Percentage increase in sales = 25%
Sure Tea Co. has issued 4.2% annual coupon bonds that are now selling at a yield to maturity of 5.60% and current yield of 5.5353%. What is the remaining maturity of these bonds
Answer:
33.29 years
Explanation:
current yield = coupon / market price
0.055353 = 42 / market price
market price = 42 / 0.055353 = $758.77
using the yield to maturity formula we can determine the remaining time to maturity:
YTM = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]
0.056 = {42 + [(1,000 - 758.77)/n]} / [(1,000 + 758.77)/2]
0.056 = {42 + [(1,000 - 758.77)/n]} / 879.385
0.056 x 879.385 = 42 + [(1,000 - 758.77)/n]
49.24556 = 42 + [(1,000 - 758.77)/n]
7.24556 = 241.23/n
n = 241.23 / 7.24556 = 33.29 years
Bellue Inc. manufactures a single product. Variable costing net operating income was $96,300 last year and its inventory decreased by 2,600 units. Fixed manufacturing overhead cost was $1 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year
Answer:
$93,700
Explanation:
To get the absorption costing net operating income for last year, reconcile the Variable costing net operating income to absorption costing net operating income.
Reconciliation of Variable Costing Profit to Absorption Costing Profit
Variable costing net operating income $96,300
Less Fixed Assets in Beginning Inventory ($2,600)
Absorption costing net operating income $93,700
Sarasota Company reported 2020 net income of $152,900. During 2020, accounts receivable increased by $17,160 and accounts payable increased by $9,582. Depreciation expense was $48,000.
Required:
Prepare the cash flows from operating activities section of the statement of cash flows.
Answer:
$193,322
Explanation:
• Prepare the cash flow from operating activities section of the statement of cash flow.
Please find attached detailed solution to the above question and answer.
The net cash provided by operating activities is $193,322.
Lehman Brothers and Bank of America (B of A) were hoping to receive the same treatment from the Treasury Department as Bear Stearns and JP Morgan Chase had received. What had the Treasury Dept. done for "Bear" and JP Morgan
Answer:
In the clarification paragraph following, the definition of the concern is mentioned.
Explanation:
Bear Stearns, which collapsed in 2008, was indeed a financial institution. The business has been active in the financial and investment markets and global clearing systems and has been currently participating throughout the subprime crisis. Bear Sterns wasn't a big bank, but it has been recognized quite well. It had been found too massive to fail. The Federal Reserve felt that perhaps the bank's collapse would have had a significant effect on consumers' trust in the financial system. The treasury department borrowed JPMorgan Chase $30 billion throughout March 2008 to purchase the struggling investment bank. In the deal between some of the two, FED played a significant part. In connection to something like the lending to JPMorgan Chase, the Fed is now taking on an extra $30 billion worth with mortgage-related securities held by Bear Stearns against collateral.In March 2020, Gray Corporation hired two individuals, both of whom were certified as long-term recipients of family assistance benefits. Each employee was paid $11,000 during 2020. Gray’s work opportunity tax credit amounts for 2020 is:________
a. $ 2,400
b. $ 4,800
c. $ 6,000
d. $ 12,000
Answer: $4800
Explanation:
In this scenario, since each employee was paid $11,000 during 2020, Gray’s work opportunity tax credit amounts for 2020 will be calculated as 40% of the first $6000 that each employee made.
This will be:
= 40% × $6000 × 2 employees
= 0.4 × $6000 × 2
= $4800
The answer is $4800
The new interactive technologies are not enough to cement a relationship, because companies need to change their behavior toward a customer and not just their communication. Explain what this statement means. Do you agree or disagree?
Explanation:
I agree with this statement, due to the fact that new interactive technologies are a communication channel between company and consumer, but it is the organization itself that should use the new interactive communication technologies in order to change its behavior that will assist in engagement and building customer relationships.
Relationship marketing can help companies to engage consumers through the development of product advertising campaigns that generate value and increase brand awareness, in addition to the ease that interactive technological tools have to enable greater interaction between consumer and company, decrease response time, answer questions, etc.
A company with strong customer relationships gains significant competitive advantages, such as strong market positioning and consumer loyalty.
For fixed costs of $2,000, revenue per unit of $2, and variable cost per unit of $1.60, the break-even quantity is:
Answer:
Break even in units = 5000 units
Explanation:
Break even quantity or break even in units is the quantity of units that must be sold in order for the company to break even. Break even is a situation where the total revenue of the business equals its total costs and there is a situation of no profit and no loss.
The formula to calculate break even quantity is,
Break even in units = Fixed costs / Contribution margin per unit
Where,
Contribution margin per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = 2 - 1.6 = $0.4
Break even in units = 2000 / 0.4
Break even in units = 5000 units
During year 1, the Commander Corporation acquired 3 pieces of machinery at an auction for a lump sum price of $240,000. In addition, Commander paid $12,000 to have the machines installed. An appraisal disclosed the following values: Machine A $ 50,000 Machine B $ 150,000 Machine C $ 100,000 What costs should be assigned to Machines A, B, and C, respectively
Answer:
$42,000, $126,000, and $ 84,000.
Explanation:
The computation of cost assigned for each of the machines is as follows:
Allocation of the ratio is
Machine A $50,000 1
Machine B $150,000 3
Machine C $100,000 2
i.e.
1:3:2
Now the allocation is
For machine A
= ($240,000 + $12,000) × 1 ÷ 6
= $42,000
For machine B
= ($240,000 + $12,000) × 3 ÷ 6
= $126,000
For machine B
= ($240,000 + $12,000) × 2 ÷ 6
= $84,000
An investor places an order to sell short ABC at the open. The opening bid of $15.25 is the same as the prior day's close. At what price may the investor sell short at the open
Answer:
B. 15.25
Explanation:
The short sales could be arise at any time during the time of trading day that also involves the opening and close
Here in the given situation since the sale would take place at the best bid i.e. $15.25
So the investor should sell the short at the open at $15.25 price and the same is to be considered
hence, the above is the answer
In the kinked demand curve theory, price elasticity of demand is __________ at prices above the kink than below the kink. It follows that a price hike above the kink will reduce quantity demanded by __________ than a price cut below the kink will __________ quantity demanded.
Answer:
In the kinked demand curve theory, price elasticity of demand is GREATER at prices above the kink than below the kink.
It follows that a price hike above the kink will reduce quantity demanded by A PROPORTIONALLY HIGHER AMOUNT than a price cut below the kink will REDUCE IN A LESS THAN PROPORTIONAL AMOUNT THE quantity demanded.
Explanation:
A kinked demand curve refers to a demand curve that is not a straight line, and the price elasticity of demand varies depending on the price of the goods or services. The kinked demand curve model is generally used when trying to explain how oligopolies exist and why their prices tend to be sticky or rigid above the kink of the curve (due to higher price elasticity).
Martinez Corporation reported net sales of $782,000, net income of $125,000, and total assets of $7,804,089. The profit margin is:
Answer:
the profit margin is 16%
Explanation:
The computation of the profit margin is shown below:
Profit margin is
= Net income ÷ Sales × 100
= $125,000 ÷ $782,000 × 100
= 16%
Hence, the profit margin is 16%
It shows the relationship between the net income and the sales also it is expressed in percentage form
We simply applied the above formula so that the correct percentage could come
McDonald's is operating in the quick-serve restaurant business. McDonald's business model is a classic example of:
Answer:
franchise.
Explanation:
McDonald's is the leading company in the fast-service restaurant business, operating with the franchise business model.
Franchises are the act of commercially granting the use of a trademark and patent to third parties through a franchise agreement that will regulate the relationship between franchisor and franchisee.
A franchise will provide an already used and effective business model, in addition to providing the business know-how, and the standardization of products and services, which will make the product recognized and equal in any restaurant that has that brand, regardless of location, such as McDonald's, for example, which created value and a strong position in the market by increasing the concept of value to its products and services, which can be found anywhere in the world while maintaining quality and standardization.
Answer:
franchise.
Explanation:
McDonald's is the leading company in the fast-service restaurant business, operating with the franchise business model.
Franchises are the act of commercially granting the use of a trademark and patent to third parties through a franchise agreement that will regulate the relationship between franchisor and franchisee.
A franchise will provide an already used and effective business model, in addition to providing the business know-how, and the standardization of products and services, which will make the product recognized and equal in any restaurant that has that brand, regardless of location, such as McDonald's, for example, which created value and a strong position in the market by increasing the concept of value to its products and services, which can be found anywhere in the world while maintaining quality and standardization.
you can purchase commercial paper of a major american corporation for $4,950,000. the paper has a face value of $5,000,000 and is 45 days from maturity. Calculate the discount yeidl on the instrument
Answer:
8%
Explanation:
Discount Yield (D) = (F - P)/F * 360/n
Discount Yield (D) = (5,000,000 - 4,950,000)/5,000,000*(360/45)
Discount Yield (D) = 50,000/5,000,000 * 8
Discount Yield (D) = 0.01*8
Discount Yield (D) = 0.08
Discount Yield (D) = 8%
Whereas product champions are willing to violate procedures and operate outside normal channels, ________ gather hard data and develop a strong case for why a project should be killed.
Answer:
exit champion
Explanation:
Project champions usually seen in between the project manager and the team working von that particular project. they could be Exit champion as well as Product champion. It should be noted where product champions are willing to violate procedures and operate outside normal channels, the Exit champion gather hard data and develop a strong case for why a project should be killed.
what does ip address mean??
Answer:
It is where you live and more stuff I forgot
A stock has no dividends. The last period's FCFF is $4.98 and it has an estimated annual free cash flow growth rate of 8%. The WACC for this stock is 8.3% and its long term growth rate is 2.46%. It also has an ROE of 12.4%. You also found out that the firm has debt per share of $25.61. What it the estimated intrinsic value using the constant state FCFF method
Answer:
The estimated intrinsic value is $92.10
Explanation:
As per given data
FCFF = $4.98
Annual Free cash flow growth = 8%
WACC = Required rate od return = 8.3%
Long term growth rate = 2.46%
ROE = 12.4%
Use following formula to calculate the Intrinsic value
Intrinsic value = FCFF x ( 1 + Annual Free cash flow growth ) / ( WACC - Long term growth rate )
Placing values in the formula
Intrinsic value = $4.98 x ( 1 + 8% ) / ( 8.3% - 2.46% )
Intrinsic value = $92.10
Hal Gore won a $1.25 million prize for special contributions to environmental research. This prize is awarded for public achievement, and Hal directed the awarding organization to transfer $502,500 of the award to the Environmental Protection Agency. How much of the prize should Hal include in his gross income
Answer:
$747,500
Explanation:
Hal must include $1,250,000 - $502,500 = $747,500 in his gross income
A Nobel Prize is one of the most prestigious awards that a person can obtain, but the IRS doesn't care about that. The IRS only cares that you receive money and will tax for it. You can avoid paying taxes only if you contribute money to a qualifying charity or organization (the EPA is a qualifying organization). E.g. President Obama donated the money in 2009 when he won the Nobel Peace Prize.
You expect to receive $10,000 at graduation in two years. You plan on investing it at 9 percent until you have $60,000. How long will you wait from now
Answer:
22.79 years
Explanation:
The computation of the number of years is shown below
Future value = Present value × ( 1 + rate)^number of years
$60,000 = $10,000 × (1.09)^n
($60,000 ÷ $10,000) = (1.09)^n
6 = (1.09)^n
Now take the log on both sides
log 6 = n × log 1.09
n = log 6 ÷ log 1.09
= 20.79 years
So, the time is
= 20.79 years + 2 years
= 22.79 years
The various quantities of all final commodities demanded at various price levels, ceteris paribus, is the
Answer: b) Aggregate demand curve
Explanation:
The Aggregate demand curve shows the various quantities of all final commodities and services demanded at various price levels with all else being equal in an economy. It slopes downwards as a normal demand curve would because higher price commands less demand and vice versa.
It can also depict the Gross Domestic Product of a country because the GDP shows the final goods and services produced in a country whilst the AD shows the demand for those final goods and services so the money spent is the same, ceteris paribus.
5.A 15-year corporate bond has a par value of $100,000 and a 4.5% annual coupon rate. Assume that your required rate of return is 8% and that you plan to hold onto this bond for 10 years. You and the market have expectations that in 10 years the yield-to-maturity for this bond (or another bond with similar risk and maturity) will be 10%. How much are you willing to pay for this bond today
Answer:
$66,857.55
Explanation:
The price of the bond in 10 years will be:
PV of face value = $100,000 / (1 + 10%)⁵ = $62,092.13
PV of coupon payments = $4,500 x 3.7908 (PV annuity factor, 10%, 5 periods) = $17,058.60
market value in 10 years = $79,150.73
In order to determine the price that you are willing to pay for the bond:
PV of market value in 10 years = $79,150.73 / (1 + 8%)¹⁰ = $36,662.10
PV of coupon payments = $4,500 x 6.7101 (PV annuity factor, 8%, 20 periods) = $30,195.45
Price you should be willing to pay = $66,857.55
Modern Company has four divisions. The budgeted revenues and expenses for each division for 2021 follows:
Division
A
B
C
D
Sales
$504,000
$948,000
$960,000
$1,240,000
Cost of goods sold
440,000
930,000
765,000
925,000
Selling & admin costs
96,000
202,500
144,000
210,000
Operating income (loss)
$(32,000)
$(184,500)
$51,000
$105,000
Further analysis of costs reveals the following percentages of variable costs in each division:
A
B
C
D
Cost of goods sold
90%
80%
90%
85%
Selling & admin costs
50%
50%
60%
60%
Closing down any division would result in a savings of 40% of the fixed costs of that division.
Required:
1. Calculate the increase or decrease in operating income if Modern Company closes division B using the below table:
Item
2. What factors should the top management of Modern Company consider before making a decision.
Answer:
b..................................................... ...............
Explanation:
.........................
The sales manager is convinced that a 10% reduction in the selling price, combined with a $30,000 increase in advertising, would increase this year's unit sales by 25%. If the sales manager's ideas are implemented, how much will net operating income increase or decrease over last year
Answer:
the company's information is missing, so I looked for similar questions:
budgeted sales $1,000,000 units sold 10,000 unit price $100 total cost per unit $60currently (without any changes), the company's profit is:
$1,000,000 - (10,000 x $60) = $400,000
if sales price is reduced to $100 x (1 - 10%) = $90
total units sold will increase to 10,000 x (1 + 25%) = 12,500
new operating income = (12,500 x $90) - (12,500 x $60) - $30,000 = $345,000
operating income will decease by $400,000 - $345,000 = $55,000
31.Robin Company uses a periodic inventory system. Use the following details to calculate the cost of goods sold. Beginning merchandise inventory $2,000 Ending merchandise inventory 2,300 Purchases 22,000 Purchase Discounts 700 Purchase Returns and Allowances 1,500 Freight In 4,200
Answer:
$23,700
Explanation:
First, we need to calculate the cost of goods purchased
Cost of goods purchase = Purchases - Returns and allowances - Discounts + Freights in
= $22,000 - $1,500 - $700 + $4,200
= $24,000
Cost of goods sold using periodic inventory system
Cost of goods sold = Beginning inventory + Cost of goods purchased - Ending inventory
= $2,000 + $24,000 - $2,300
= $23,700
I’ll give you 100 points
What is the discount offered on the AirPod pros “thank you” screen
25%
40%
50%
Answer: 40%
Explanation:
The discount offered on a product refers to the percentage value given off on the original cost of the product. In some cases, discount may also involve giving off a fixed amount on the original price.
The percentage discount offered on a product may differ depending on the marketing strategy or competition being faced from rival products. The discount percent which is being circulated on various websites and stores on the sale of Airpod pros is about 40%.Therefore, the percentage discount on sale being offered on the sale of Airpod pros is approximately 40%.
Learn more :https://brainly.com/question/2560262
Bendel Incorporated has an operating leverage of 5.8. If the company's sales increase by 12%, its net operating income should increase by about:_________
Answer:
69.60 %
Explanation:
Degree of Operating Leverage shows the times Earnings Before Interest and Tax (EBIT) will change as a result of a change in sales contribution. Increases of sales of 12% will lead to increase in EBITof 69.60 % (12% × 5.8).
You manage an equity fund with an expected risk premium of 11.4% and a standard deviation of 28%. The rate on Treasury bills is 5.2%. Your client chooses to invest $50,000 of her portfolio in your equity fund and $150,000 in a T-bill money market fund. What is the expected return and standard deviation of return on your client’s portfolio? (Round your answers to 2 decimal places.)
Answer:
The Expected return of the Portfolio is 8.05% and the standard deviation is 7%
Explanation:
The computation is shown below:
Given that
T-bill rate or risk-free rate = 5.20%
The Expected Risk premium of fund = 11.40%
As we know that
Expected Return of Equity = Risk premium + Risk free rate
= 11.4%+5.2%
= 16.60%
Now
Weight of equity fund is
= $50,000 ÷ ($50,000 + $150,000)
= 0.25
And,
Weight of T-bills is
= $150,000 ÷ ($50,000 + $150,000)
= 0.75
Also the correlation between risk free and the fund would always be zero
The Standard deviation of Equity fund= 28%
ANd, the Standard deviation of T-bills= 0
Now
Expected return Portfolio = (weight of fund × expected return) + (weight of risk free × rate of return)
= (0.25 × 16.60%) + (0.75 × 5.2%)
= 8.05%
And,
The standard deviation of the portfolio (σp) is
= √(wA × standard deviation of A )^2 + (wB × standard deviation of B ) ^2 + (2 × wA × wB × standard deviation of A ×standard deviation of A × rBM)
= √((0.25 × 28%)^2 + (0.75 × 0%)^2 + (2 × 0.25 × 0.75 × 28% × 0% × 0))
= 7.00%
Hence, the Expected return of the Portfolio is 8.05% and the standard deviation is 7%