YYY Company’s current stock price is $50.00, its last dividend was $3.20, and its required rate of return is 12%. If dividends are expected to grow at a constant rate, g, in the future, and if rs is expected to remain at 12%, what is YYY’s expected stock price 5 years from now?

Answers

Answer 1

To calculate the expected 5-year share price of Company YYY, we can use the Gordon growth model given by: P = D / (rs - g) where P is the current stock price, D is the dividend, rs is the required rate of return, and g is the dividend growth rate.

First, we need to calculate his current dividend per share (D) paid by company YYY. The previous dividend was $3.20, so we can expect the company to pay the same dividend in the future. Next, we need to calculate the dividend growth rate (g) using the formula: g = (2nd year dividend - 1st year dividend) / 1st year dividend Since the dividend is expected to increase consistently, we can assume that the growth rate is the same each year. Therefore, we can calculate the growth rate using the following formula: g = (2nd Year Dividend / 1st Year Dividend) - 1 Assuming the dividend grows at an annual rate of 5%, the expected dividend for the second year can be calculated as follows: Year 2 Dividend = Year 1 Dividend * (1 + g) = $3.20 * (1 + 0.05)= $3.36 Using these values, we can calculate the expected five-year stock price (P5) as follows: P5 = D * (1 + g)^5 / (rs - g) = $3.20 * (1 + 0.05)^5 / (0.12 - 0.05) = $5.69 / 0.07 = $81.29 Therefore, YYY's expected five-year share price is $81.29. 

 For more information on consistently see:

 https://brainly.com/question/15633087

#SPJ1


Related Questions

A company that uses a perpetual inventory system made the following cash purchases and sales:
Jan, 1: Purchased 100 units at $10 per unit.
Feb, 5: Purchased 60 units at $12 per unit.
March, 16: Sold 40 units for $ 16 per unit.
Prepare the general journal entry to record the March 16 sale assuming a cash sale and the LIFO method is used:
a. Dr Cash 640
Cr Sale revenue 640
Dr COGS 450
Cr Inventories 450
b. Dr Cash 640
Cr Sale revenue 640
Dr COGS 840
Cr Inventories 840
c. Dr Cash 640
Cr Sale revenue 640
Dr COGS 480
Cr Inventories 480
d. Dr Sale revenue 640
Cr cash 640
Dr COGS 480
Cr Inventories 480
e. None of these

Answers

The correct answer is option (c) Dr Cash $640, Cr Sale revenue $640, Dr COGS $480, Cr Inventories $480.

To determine the cost of goods sold (COGS) using the LIFO method, we assume that the last units purchased are the first ones sold. Therefore, the cost of the 40 units sold on March 16 is calculated as follows:

Cost of 40 units purchased on Feb 5 = 40 x $12 = $480

The general journal entry to record the March 16 sale assuming a cash sale and the LIFO method is used is:

Dr Cash $640

Cr Sale revenue $640

Dr COGS $480

Cr Inventories $480

Inventories are assets held for sale or use in the ordinary course of business. They include raw materials, work in progress, and finished goods. Proper management is essential for profitability.

learn more about Inventories here

https://brainly.com/question/31201211

#SPJ1

Question 15 of 20
Which information in the accounts payable subsidiary journal is entered after
the amount of credit or debit?
A. the terms of the sale
B. the date
C. the name of the vendor
OD. the balance
SUBMIT

Answers

Answer:

credit entry

Explanation:

The accounts payable subsidiary ledger is a breakdown of the total amount of payables listed on the general ledger. In other words, the subsidiary ledger contains the individual payables owed to each of the suppliers and vendors, as well as the amounts owed.

When recording an account payable, debit the asset or expense account to which a purchase relates and credit the accounts payable account. When an account payable is paid, debit accounts payable and credit cash. Payroll entry.

The accounts payable subsidiary ledger provides detailed information about amounts owed to creditors.

The total of the individual account balances in the accounts receivable subsidiary ledger should agree with the total of the individual account balances in the accounts payable subsidiary ledger.

You have been placed in charge of the closing process for Magnolia Tree Services for the period ending December 31. Time is short, and you must delegate the closing tasks to three bookkeepers in your department. For your initial post, write an email to your co-workers (Sally, Jim and Jan), assigning each of them specific tasks to complete by the end of the week. In the email list the required closing tasks and identify which employee is responsible for each task. Make sure that your co-workers understand the order of the tasks they are to perform.

Answers

Dear Sally, Jim, and Jan,

I hope this email finds you all well. As you know, we need to complete the closing process for Magnolia Tree Services for the period ending December 31. Time is of the essence, and I'm assigning specific tasks to each of you to ensure we can complete the process by the end of the week. Please find your respective tasks below, along with the order in which they should be performed.

Sally:

1. Review and reconcile all general ledger accounts for accuracy and completeness.

2. Adjust the accounts for any necessary accruals, deferrals, or reclassifications.

3. Prepare and post all adjusting journal entries.

Jim:

1. After Sally has completed her tasks, verify the accuracy of the trial balance.

2. Prepare the financial statements, including the balance sheet, income statement, and statement of cash flows.

3. Review the financial statements for any discrepancies and communicate with Sally if any adjustments are needed.

Jan:

1. Once Jim has finalized the financial statements, close the temporary accounts (revenue, expense, and dividend accounts) by transferring their balances to the retained earnings account.

2. Prepare and post closing journal entries.

3. Prepare the post-closing trial balance to ensure all temporary accounts have a zero balance.

Please ensure that you complete your tasks in the order listed above, as each task relies on the successful completion of the previous tasks. If you encounter any issues or need clarification, don't hesitate to reach out to me or your colleagues. Let's work together to complete the closing process by the end of the week.

Thank you for your dedication and hard work. I appreciate your cooperation and timely completion of these tasks.

Best regards

You took out a business loan on January 1st for 100,000. The loan is a five-year loan and charges an APR of 5%. What was the Interest Expense amount for the month of May of the first year?

Answers

Answer: $407.40

Explanation:

To calculate the interest expense for the month of May, we first need to find the monthly interest rate and then apply it to the outstanding loan balance.

Step 1: Convert the annual interest rate (APR) to a monthly interest rate:

APR = 5%

Monthly interest rate = (1 + 0.05)^(1/12) - 1 ≈ 0.4074%

Step 2: Calculate the interest expense for the month of May:

Outstanding loan balance = $100,000 (since no payments have been made yet)

Interest expense for May = $100,000 * 0.004074 ≈ $407.40

The interest expense for the month of May in the first year is approximately $407.40.

The interest expense amount for the month of May in the first year of the loan is approximately $385.43. The calculation is shown in the attached image below.

A loan is a financial arrangement in which one party, typically a financial institution or lender, provides funds to another party, known as the borrower. The borrower agrees to repay the loan amount over time, typically with interest and any additional fees or charges as specified in the loan agreement.

A line of credit is a pre-approved loan amount that a borrower can access as needed. The borrower can withdraw funds up to the specified credit limit and repay the borrowed amount with interest.

Learn more about loan here:

https://brainly.com/question/30104409

#SPJ6

Explain six factors that affect goal congruence

Answers

Answer:

Goal congruence refers to the alignment of objectives between agents and principals, or between individuals and the organization as a whole[1]. Several factors can affect goal congruence, including external and internal factors[2]. External factors include societal norms of desirable behavior[2]. Internal factors include organizational design, leadership, morale, efficiency, stability, productivity, and effectiveness[2][3][4]. The Nadler-Tushman Congruence Model suggests that individual tasks, skills, knowledge, and work flow can also impact goal congruence[5]. Overall, goal congruence is influenced by a variety of factors, both internal and external, that can impact the alignment of objectives between individuals and the organization.

Successful teams share several characteristics. For example, successful teams___________

a) Address conflict

b)ignore troublesome members

c)compete rather than collaborate

Answers

The correct option is a) Address conflict. Successful teams are those that are able to effectively handle conflicts and disagreements that arise within the group.

Conflict is a natural part of any team or group dynamic, and ignoring it or brushing it under the rug can lead to long-term damage and dysfunction within the team. Successful teams are those that are able to identify the source of the conflict, address it directly and respectfully, and work towards a solution that is acceptable to all members. Ignoring troublesome members or competing rather than collaborating are not characteristics of successful teams. Troublesome members can disrupt team dynamics and negatively impact overall performance, so it's important for teams to address any issues and work towards a resolution. Collaboration is essential for successful teams, as it promotes teamwork, communication, and innovation. In summary, successful teams prioritize conflict resolution, collaboration, and effective communication. They are able to work together towards a common goal, handle conflicts in a constructive manner, and respect the opinions and contributions of all team members.

Learn more about communication here:

https://brainly.com/question/22558440

#SPJ1

Your business depends a lot on gas to transport your goods to stores. The price of oil decreases this will most likely cause the price of your product to_____?

Answers

If the price of oil decreases, it would most likely cause the price of your product to decrease as well, all other things being equal. This is because a decrease in the price of oil would result in lower transportation costs for your business, which would lower the total cost of producing and delivering your product to stores. As a result, you would have the option to either pass on the cost savings to your customers by lowering the price of your product or maintain the same price and increase your profit margin. However, if there are other factors that increase the cost of producing your product, such as an increase in the cost of raw materials, labor, or taxes, then the price of your product may not decrease despite the decrease in the price of oil.

Case Study - Leadership Qualities
Brad was chosen for a management training program at the bank. As part of the training, he spent a month as temporary manager of a small branch of the bank. A supervisor observed and evaluated his performance.
Brad was determined to do well and show everyone he was a leader. He made sure he knew all the rules and regulations. He even added a few of his own. He decided, for one thing, that women could not wear pants suits. When they asked for his reason, he said he just felt that women's pants suits did not fit the bank's image.
He was at work early every morning. He made it a point to check everyone in. If anyone was even a few minutes late, Brad would criticize that person in front of the whole staff. He knew that this was embarrassing, but he felt it served as a good warning to the others.
Some of the tellers in the branch were older employees who had been there for many years. To prove he was boss and not afraid of them, Brad made these senior employees change the way they did several things.
"You do it like this because I say so," he replied when some of the tellers tried to question him about the reason for the changes.
To demonstrate that he was alert and on top of things, Brad kept an eye on the tellers and watched what they did. If he did not like something, he did not hesitate to say so and correct the teller, even if a customer was there.
Brad felt that he had to assert himself and let everyone know who was running things. When the training program ended, he was surprised that he was not promoted to permanent manager.
What is the real problem?
What are the important facts to consider in this problem?
What solutions to this problem can you think of? Describe a few.
What would happen if the solutions you suggested were followed? Explain the results of each solution you described.
Of the solutions you described, which would you recommend? Why?

Answers

The answer of the given question are given below by understanding the given Case study

The real problem in this case is that Brad's approach to leadership is authoritarian, inflexible, and disrespectful. He is more concerned with asserting his authority and demonstrating his power than building relationships with his team, encouraging collaboration, or improving the branch's performance.

Important facts to consider in this problem include Brad's attitude towards his team members, his lack of willingness to listen to others, and his obsession with rules and regulations. Additionally, it is crucial to consider the impact of Brad's behavior on team morale, productivity, and customer satisfaction.

Solutions to this problem could include:

Coaching: Brad could benefit from coaching or mentoring to help him understand the importance of leadership qualities like empathy, listening, and collaboration.

Feedback: Providing Brad with feedback about his behavior and its impact on his team could help him understand the need to modify his approach.

Training: Brad could benefit from training on leadership styles and effective communication to help him develop a more collaborative approach.

If these solutions were followed, the coaching and feedback would help Brad understand the importance of building relationships with his team members, empowering them, and encouraging collaboration. The training would provide him with new skills and techniques that would help him to modify his leadership style to become more effective.

Of the solutions described, coaching and feedback would be the most effective in helping Brad develop the necessary leadership qualities. These solutions would help him to understand that leadership is not just about power and control, but also about building relationships, empowering others, and working collaboratively towards common goals"

To know more about

https://brainly.in/question/695750

Laila would like to have a high salary to be able to help her family and afford to travel. Where might she work as a civil engineer to earn the highest average wage?

A.
international energy sector

B.
private architecture firm

C.
nonresidential building construction

D.
US federal government

Answers

The answer is, If Laila would like to have a high salary to be able to help her family and afford to travel, she should work at nonresidential building construction  as a civil engineer to earn the highest average wage.

Therefore the correct answer is C. nonresidential building construction.

What exactly does a civil engineer do?

Roads, trains, tunnels, and other structures are designed and constructed by civil engineers. Large buildings and intricate constructions like multi-story parking garages, train stations, stadiums, hospitals, and airports are designed and constructed by them.

Is a profession in civil engineering worthwhile?

If you're looking for a career in an engineering profession that is expanding and has a high earning potential, civil engineering is a fantastic choice. More civil engineers are needed as cities expand to design and oversee public works initiatives and replace deteriorating infrastructure.

To know more about Civil Engineer visit:

https://brainly.com/question/19117846

#SPJ1

differentiate between the sourcing decision to make or to buy.(examples)?

Answers

The sourcing decision between "make" or "buy" refers to the decision of whether a company should produce a product or service in-house or outsource it from a third-party supplier.

The decision depends on several factors, including cost, quality, capacity, expertise, and strategic goals. Here are some examples of the differences between the two options:

Make:

A company that produces custom-made products may decide to make the product in-house to maintain quality control and ensure that customer specifications are met.

A tech company may choose to develop software internally to protect its intellectual property and keep its competitive advantage.

Buy:

A company that needs raw materials for production may decide to buy them from a supplier to take advantage of economies of scale and lower costs.

A small business may decide to outsource its accounting functions to a third-party provider to save time and reduce overhead costs.

learn more about outsource here

https://brainly.com/question/28915776

#SPJ1

Assume a merchandising company provides the following information from its master budget for the month of May:

Sales $ 118,000
Cost of goods sold $ 94,000
Selling and administrative expenses $ 28,000
Accounts receivable, May 1st $ 17,000
Accounts receivable, May 31st $ 23,000

If all of the company’s sales are on account, what is the amount of cash collections from customers included in the cash budget for May?

Answers

Answer:$129,000

Explanation:

Beginning accounts receivable: $17,000

Ending accounts receivable: $23,000

Increase in accounts receivable: $23,000 - $17,000 = $6,000

Cash collections from customers = Credit sales - Increase in accounts receivable + Beginning accounts receivable

Cash collections from customers = $118,000 - $6,000 + $17,000

Cash collections from customers = $129,000

Consider the following information for Maynor Company, which uses a periodic inventory system:
Transaction Units Unit Cost Total Cost
January1 Beginning Inventory 35 $85 $2,975
March 28 Purchase 45 91 4,095
August 22 Purchase 70 95 6,650
October 14 Purchase 75 101 7,575
Goods Available for Sale 219 $20,508
The company sold 75 units on May 1 and 70 units on October 28.
Required:
Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods.
A. FIFO
B. LIFO
C. Weighted Average.

Answers

A. FIFO

Ending Inventory: $8,050

Cost of Goods Sold: $13,245

B. LIFO

Ending Inventory: $7,610

Cost of Goods Sold: $13,685

C. Weighted Average

Ending Inventory: $6,930.16

Cost of Goods Sold: $13,577.80

How to find the FIFO

A. FIFO (First In, First Out)

Under the FIFO method, the first goods purchased are assumed to be the first goods sold. Therefore, for the May 1 sale of 75 units:

35 units from the January 1 Beginning Inventory (35 units * $85 = $2,975)

40 units from the March 28 Purchase (40 units * $91 = $3,640)

For the October 28 sale of 70 units, we take:

5 units from the March 28 Purchase (5 units * $91 = $455)

65 units from the August 22 Purchase (65 units * $95 = $6,175)

Cost of Goods Sold (COGS) = $2,975 + $3,640 + $455 + $6,175 = $13,245

Ending Inventory:

5 units from the August 22 Purchase (5 units * $95 = $475)

75 units from the October 14 Purchase (75 units * $101 = $7,575)

Ending Inventory = $475 + $7,575 = $8,050

B. LIFO (Last In, First Out)

Under the LIFO method, the last goods purchased are assumed to be the first goods sold. For the May 1 sale of 75 units, we take:

35 units from the January 1 Beginning Inventory (35 units * $85 = $2,975)

40 units from the March 28 Purchase (40 units * $91 = $3,640)

For the October 28 sale of 70 units, we take:

70 units from the October 14 Purchase (70 units * $101 = $7,070)

Cost of Goods Sold (COGS) = $2,975 + $3,640 + $7,070 = $13,685

Ending Inventory:

5 units from the March 28 Purchase (5 units * $91 = $455)

70 units from the August 22 Purchase (70 units * $95 = $6,650)

5 units from the October 14 Purchase (5 units * $101 = $505)

Ending Inventory = $455 + $6,650 + $505 = $7,610

C. Weighted Average

Under the weighted average method, we calculate the average cost per unit for all goods available for sale.

Total Cost of Goods Available for Sale = $20,508

Total Units Available for Sale = 219

Weighted Average Cost per Unit = $20,508 / 219 = $93.64 (rounded to 2 decimal places)

For the May 1 sale of 75 units:

COGS = 75 units * $93.64 = $7,023

For the October 28 sale of 70 units:

COGS = 70 units * $93.64 = $6,554.80

Total Cost of Goods Sold (COGS) = $7,023 + $6,554.80 = $13,577.80

Ending Inventory = 74 units * $93.64 = $6,930.16

To summarize:

A. FIFO

Ending Inventory: $8,050

Cost of Goods Sold: $13,245

B. LIFO

Ending Inventory: $7,610

Cost of Goods Sold: $13,685

C. Weighted Average

Ending Inventory: $6,930.16

Cost of Goods Sold: $13,577.80

Read more about inventory here:

https://brainly.com/question/24868116

#SPJ1

Research the amount of money that banks lose each year due to identity theft hacking counterfiet money qnd other security issues how does this affect the monetary system how does it affect you

Answers

Explanation:

According to a report by Juniper Research, global losses from payment card fraud and online banking fraud are expected to reach $130 billion by 2023. This is a significant increase from the $22 billion in losses reported in 2018. In addition, a 2020 study by Javelin Strategy & Research estimated that identity fraud resulted in $16.9 billion in losses in the US alone.

It is important to note that banks typically do not disclose the exact amount of money lost due to security issues such as identity theft, hacking, and counterfeiting. This is because doing so could undermine confidence in the banking system and lead to a loss of customers.

These losses can have significant impacts on the monetary system, as they can reduce the amount of money that banks have available to lend to individuals and businesses. In addition, they can increase the cost of financial services, as banks may need to invest in additional security measures to protect against fraud.

As an individual, the effects of bank losses due to security issues may not be immediately apparent. However, these losses can ultimately impact the availability and cost of credit, which can affect your ability to obtain loans or credit cards. Additionally, banks may pass on the cost of increased security measures to customers in the form of higher fees or interest rates.

When an EMT first questions a patient, what are they MOST directly trying to understand?

A.
the patient’s insurance information

B.
the patient’s basic information, like name and age

C.
the patient’s current symptoms

D.
the patient’s knowledge of what happened

Answers

B The patients basic information, I.e. name and age

Budgeting for Needs
Select the items that are needs from your bank statement.
ABC BANK
Available Balance
$230.00
V Cell phone plan
$45
V
Rent
$400
Car insurance
$60
Backpack
$10
Electric bill
$60
Car payment
$250
Submit

Answers

In context of budgeting, the needs from the bank statement are:

Cell phone plan $45Rent $400Car insurance $60Electric bill $60Car payment $250

What is the importance of all these needs?

These expenses are considered needs because they are essential for daily living, such as housing (rent), transportation (car payment and insurance), communication (cell phone plan), and basic utilities (electric bill).

The backpack expense may be considered a want rather than a need, as it is not essential for basic living. When budgeting for needs, it's important to prioritize these essential expenses and allocate funds accordingly to ensure financial stability and security.

Read more about needs

brainly.com/question/22789858

#SPJ1

A offers investors the opportunity to pool their investment dollars with a group of other investors, which in turn allows them the ability to purchase multiple security investments. The investments are collected into a single investment . Mutual funds may prove to be a smarter investment option for the investor that prefers to risk.

Answers

Mutual funds are investment vehicles that allow investors to pool their money together to invest in a diversified portfolio of stocks, bonds, or other securities.

This pooling of money allows investors to take advantage of the benefits of diversification, which helps to spread risk across multiple investments. Mutual funds are managed by professional fund managers, who use their expertise to select and manage the fund's investments. The fund manager's goal is to achieve the fund's investment objective, which could be anything from providing long-term growth to generating current income. One of the key benefits of mutual funds is that they are a great option for investors who prefer to mitigate risk. By investing in a diversified portfolio of securities, mutual funds offer investors exposure to a wide range of companies and industries, which helps to spread risk across multiple investments.

To learn more about investment click the link below:

brainly.com/question/23120462

#SPJ1

100pt will mark brainiest

A portfolio manager’s client invests in a fund with total assets of $14,200,000, total liabilities of $1,500,000, and a total of 50,000 shares outstanding. Calculate the NAVPS for this fund. Answer using complete sentences.

Answers

To calculate the NAVPS (Net Asset Value per Share) for this fund, we first need to subtract the total liabilities from the total assets to get the net assets. In this case, the net assets would be $14,200,000 - $1,500,000 = $12,700,000.

Next, we divide the net assets by the number of shares outstanding to get the NAVPS. In this case, the NAVPS would be $12,700,000 / 50,000 shares = $254 per share.Therefore, the NAVPS for this fund is $254 per share. This calculation is important for investors because it represents the value of their investment in the fund. As the value of the assets held in the fund changes over time, the NAVPS will also change, allowing investors to track the performance of their investment.

To learn more about liabilities click the link below:

brainly.com/question/18484315

#SPJ1

Why do experts predict that the number of surveyor jobs will not increase at as fast a rate as many other jobs?

A.
It’s such an easy job that people can do it themselves without hiring an expert.

B.
It is such a difficult and dangerous job that most people will not want to do it.

C.
Robots and other technologies will let fewer surveyors do more work.

D.
Most of the land that can be developed already has been developed.

Answers

The correct answer is D.Most of the land that can be developed already has been developed.

The reason why experts predict that the number of surveyor jobs will not increase at as fast a rate as many other jobs is because of option C, robots and other technologies will let fewer surveyors do more work. With advancements in technology, such as drones and GPS surveying equipment, the need for human surveyors is decreasing. These technologies can perform surveying tasks more quickly and accurately than traditional methods, which reduces the need for human surveyors.it’s such an easy job that people can do it themselves without hiring an expert, is not a valid reason as surveying is a specialized profession that requires specific skills and knowledge.it is such a difficult and dangerous job that most people will not want to do it, is also not a valid reason as surveying can be a challenging job, but it is not necessarily dangerous or unappealing.

To learn more about developed click the link below:

brainly.com/question/29052064

#SPJ1

Assume the following budgeted information for a merchandising company:

Budgeted sales (all on credit) for November, December, and January are $258,000, $228,000, and $219,000, respectively.

Cash collections of credit sales are expected to be 70% in the month of sale and 30% in the month following the sale.

The cost of goods sold is always 70% of sales.

Each month’s ending inventory equals 20% of the next month’s cost of goods sold.

40% of each month’s merchandise purchases are paid in the current month and the remainder is paid in the following month.

Monthly selling and administrative expenses that are paid in cash in the month incurred a total of $30,000.

The monthly depreciation expense is $29,500.

(The expected cash collections from customers in December are:)

A. $266,900.
B. $237,000.
C. $243,780.
D. $225,300.

Answers

To calculate the expected cash collections from customers in December, we need to first calculate the total credit sales for each month, the cash collections for each month, and the accounts receivable balance for November and December.

Total credit sales for November = $258,000

Total credit sales for December = $228,000

Total credit sales for January = $219,000

Cash collections for November sales:

70% * $258,000 = $180,600

Cash collections for December sales:

70% * $228,000 = $159,600

30% * $258,000 = $77,400

Total cash collections for December = $159,600 + $77,400 = $237,000

Cash collections for January sales:

70% * $219,000 = $153,300

30% * $228,000 = $68,400

Total cash collections for January = $153,300 + $68,400 = $221,700

Next, we need to calculate the accounts receivable balance for November and December:

Accounts receivable balance for November:

$258,000 * 30% = $77,400 (not collected in November)

Accounts receivable balance for December:

$228,000 * 30% = $68,400 (not collected in December) + $77,400 (from November) - $159,600 (collected in December) = $-13,800 (this is a credit balance, which means that there is an excess of cash collections from November sales)

Since the question is asking for the expected cash collections from customers in December, the answer is

B. $237,000.

The expected cash collections from customers in December are $243,780. Final expected cash collections from customers in December = $340,200 - $77,400 = $262,800. The answer is OPTION C,

To calculate the expected cash collections from customers in December, we need to consider the cash collections of credit sales for November and December.

For November's credit sales:

Cash collections = November sales * Cash collection rate for the month of sale

Cash collections = $258,000 * 70% = $180,600

For December's credit sales:

Cash collections = December sales * Cash collection rate for the month of sale

Cash collections = $228,000 * 70% = $159,600

Total expected cash collections in December = Cash collections from November + Cash collections from December

Total expected cash collections in December = $180,600 + $159,600 = $340,200

However, we also need to account for the fact that 30% of November's sales will be collected in December:

Additional cash collections = November sales * Cash collection rate for the month following the sale

Additional cash collections = $258,000 * 30% = $77,400

Final expected cash collections from customers in December = Total expected cash collections - Additional cash collections

Final expected cash collections from customers in December = $340,200 - $77,400 = $262,800

To learn more about cash collections, click here.

https://brainly.com/question/29659526

#SPJ2

Calculate,from the following information accumulated by Bob Verna,the adjusted cash balance at the end of july.

Bank staement rnding cash balance $6000
General ledger cash balance ending 8500
Bank monthly service charge 90
Deposits in transit 5000
Outstanding cheques 3000
NSF cheque returned with bank
Statement 410
A) $8000
B) 11000
C) 6000
D) 8500

Answers

The adjusted cash balance at the end of July for Bob Verna, based on the following information, is A) $8,000.

What is the adjusted cash balance?

The adjusted cash balance is the difference between the ending cash balance as per the general ledger and transactions captured in the bank statement but not recorded in the general ledger.

Some of the items used for adjusting the cash balance during bank reconciliations include:

Bank chargesNSF checks returnedDirect credits and debits.

Bank statement ending cash balance = $6,000

General ledger cash balance ending = $8,500

Bank monthly service charge $90

Deposits in transit $5,000

Outstanding checks $3,000

NSF check returned with bank statement $410

Adjusted Cash Balance:

General ledger cash balance ending = $8,500

Bank monthly service charge ($90)

NSF check returned with bank statement ($410)

Adjusted cash balance = $8,000

Learn more about bank reconciliations at https://brainly.com/question/30075643.

#SPJ1

Business Statistics

Please refer attached. Answer all questions

Answers

1) The standard deviation for the given data is 2.91 minutes.

2) The mean speed of the cars is 74.75 km/h, which represents the average speed of all the cars that passed through the toll booth. The median speed is 75-79 km/h, which is the speed that divides the speed data into two equal halves. The mode speed is also 75-79 km/h, which is the most frequently occurring speed.

What is the explanation for the above response?



1) To find the standard deviation, we need to follow these steps:

Find the mean:

Calculate the deviation from the mean for each valueSquare each deviation from the meanFind the sum of the squared deviationsDivide the sum by the number of values minus oneTake the square root of the result

Using this formula, we get:


Mean = (2*7 + 7*12 + 9*17 + 3*22)/20 = 14.9

Deviation from the mean:

   5-9: -9.9

  10-14: -2.9

  15-19:  2.1

  20-24:  7.1

Squared deviation from the mean:

   5-9: 98.01

  10-14:  8.41

  15-19:  4.41

  20-24: 50.41

Sum of squared deviations: 161.24

Variance = 161.24 / 19 = 8.49

Standard deviation = √(8.49) = 2.91

Therefore, the standard deviation for the given data is 2.91 minutes.

2) To find the mean, we need to multiply each speed value by its corresponding frequency, add up the products, and then divide by the total frequency. Using this formula, we get:


Mean = (8*62 + 14*67 + 18*72 + 40*77 + 30*82 + 10*87)/120

= 74.75

Therefore, the mean speed of the cars is 74.75 km/h.

To find the median, we need to arrange the speed values in order and find the middle value. If there are an even number of values, we take the average of the two middle values. Using this method, we get:


Arranged speeds: 60-64, 60-64, 60-64, 60-64, 60-64, 60-64, 60-64, 60-64,

                65-69, 65-69, 65-69, 65-69, 65-69, 65-69, 65-69, 65-69, 65-69, 65-69,

                70-74, 70-74, 70-74, 70-74, 70-74, 70-74, 70-74, 70-74, 70-74, 70-74,

                75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79,

                80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84,

                85-89, 85-89, 85-89, 85-89, 85-89, 85-89,

Median = 75-79


Therefore, the median speed of the cars is 75-79 km/h.


c)

To find the mode, we need to identify the speed value that occurs most frequently. Using this method, we get:
Mode = 75-79

Therefore, the mode speed of the cars is 75-79 km/h.

Learn more about standard of deviation at:

https://brainly.com/question/23907081

#SPJ1

Why might using a formal decision-making process make sense for a person trying to choose between a career as a radiology technician and a doctor?

A.
It provides a “plan B” profession in case they don’t succeed in their first choice.

B.
It provides a solid plan for taking graduate-level courses to do either career.

C.
It will help them create short-term and mid-term goals to achieve either long-term goal.

D.
It can help them research the careers and weigh the options to make the best choice for them.

Answers

The correct option is D. Using a formal decision-making process can help a person research the careers of a radiology technician and a doctor and weigh the options to make the best choice for them.

Choosing a career is a significant decision that can have a significant impact on a person's life. Using a formal decision-making process can help individuals assess their strengths, interests, and values to determine which career is the best fit for them.By researching both professions, individuals can gain a better understanding of the education and training required, job responsibilities, salary expectations, and job outlook. This information can help individuals weigh the pros and cons of each career and make an informed decision.Using a formal decision-making process can also help individuals create short-term and mid-term goals to achieve their long-term career goals.

To learn more about careers click the link below:

brainly.com/question/17429105

#SPJ1

Raoul likes almost any type of job, so he’s decided to make his career choices based on which industry is growing. He wants to have lots of job opportunities in the future! Which field should Raoul pursue?

A.
healthcare

B.
education

C.
law

D.
coal Mining

Answers

Healthcare. The field is always growing and there are many job opportunities

you just won the lottery! as your prize you will receive $1,500 a month for ten years. if you can earn 9.3% on your money, what is this prize worth to you today

Answers

The prize of receiving $1,500 a month for ten years, with a 9.3% annual interest rate, is worth approximately $79,576.50 today.

How to solve

To calculate the present value of this lottery prize, we can use the Present Value of Annuity formula, which is:

PV = P * [(1 - (1 + r)^-n) / r]

Where:

PV = Present Value

P = Payment per period ($1,500 per month)

r = Interest rate per period (9.3% per year, but we'll need to convert it to a monthly rate)

n = Number of periods (10 years, but we'll need to convert it to months)

First, let's convert the interest rate and number of years to monthly values:

There are 12 months in a year, so there will be a total of 10 years * 12 months/year = 120 months.

To convert the annual interest rate to a monthly interest rate, we'll divide it by 12. This gives us a monthly interest rate of 0.093 / 12 = 0.00775.

Now, we can plug these values into the Present Value of Annuity formula:

PV = $1,500 * [(1 - (1 + 0.00775)^(-120)) / 0.00775]

Calculating the present value:

PV ≈ $1,500 * [(1 - (1.00775)^(-120)) / 0.00775] ≈ $1,500 * [53.051]

PV ≈ $79,576.50

So, the prize of receiving $1,500 a month for ten years, with a 9.3% annual interest rate, is worth approximately $79,576.50 today.

Read more about simple interest here:

https://brainly.com/question/25793394

#SPJ1

what are five recommendations to assist organisations in coping with uncertainty in the environment​

Answers

Answer:

These are the 5 recommendations to assist organisations in coping with uncertainty in the environment:-

1.Build in flexibility

2.Be transparent

3.Implement and Optimize

4.Embrace Ambiguity

5.Start by changing yourself

Answer:

1- Develop agility and adaptability: Organizations need to be agile and adaptable to cope with uncertainty. They should be prepared to respond quickly to changes in the environment, such as market shifts or changes in customer needs. This can be achieved by fostering a culture of innovation and experimentation, encouraging cross-functional collaboration, and investing in continuous learning and development.

2- Conduct scenario planning: Scenario planning is a powerful tool for managing uncertainty. It involves developing multiple scenarios of how the future might unfold and preparing contingency plans for each scenario. This allows organizations to be better prepared for different outcomes and to respond more quickly and effectively to changes in the environment.

3- Diversify your offerings: Diversifying your offerings can help to mitigate risks associated with uncertainty. By offering a range of products or services, organizations can reduce their dependence on any one market or customer segment. This can also help to open up new opportunities and revenue streams.

4- Build resilience into your operations: Building resilience into your operations can help to minimize the impact of uncertainty. This includes developing contingency plans for supply chain disruptions, investing in robust IT systems, and building a strong financial position.

5- Stay informed: Staying informed about changes in the environment is critical for managing uncertainty. This involves monitoring industry trends, staying up-to-date with regulatory changes, and engaging with stakeholders to understand their needs and concerns. By staying informed, organizations can be better prepared to respond to changes in the environment and to capitalize on new opportunities.

Carmelo says " A movie theater charges the same price for a popular movie as it does for an unpopular movie. Obviously, the movie theater doesn't charge more when demand for the movie is higher than when it is lower." Shelby counters by saying, "Movie the alter often call the more popular movies special engagements and do not accept any discount tickets for them. " If Shelby is correct, does her point negate Carmelo's? Explain your answer

Answers

Carmelo's statement is about theater charging the same price for popular and unpopular movies, while Shelby's point is about theaters calling popular movies "special engagements" and not accepting discount tickets.

What are movies?

Movies, also known as films, are a form of visual storytelling that combine various elements such as acting, cinematography, sound, and special effects to convey a narrative to the audience. Typically, movies are presented in theaters or on various media platforms such as television, streaming services, or DVD. They can be fictional or non-fictional, and range in genres from drama, comedy, romance, action, horror, and more. Movies have the power to entertain, educate, and inspire audiences, and have become a major form of popular culture worldwide. Some movies have even become cultural phenomena, with dedicated fan bases and spin-off merchandise. The art of filmmaking continues to evolve with advances in technology and changing audience tastes.

To learn more about movies, visit:

https://brainly.com/question/17302715

#SPJ1

Tarryn wants to become a farmer, but she also wants to able to take vacations every year. Which group of farmers often has difficulty taking vacation, as their work takes place year-round?

A.
cattle farmers

B.
corn farmers

C.
sugar farmers

D.
orchard farmers

Answers

Cattle farmers often has difficulty taking vacation, as their work take place year - round.

In cattle farming, two different kinds of animals are raised and managed: one is used for food production, such as milk, while the other is used for labor-intensive tasks, such as digging, irrigation, etc. Milk/dairy animals are those that produce milk. Goats, buffalo, cows, etc. are a few examples. Draught animals are animals that are utilised for labour. Since dairy animals are raised and developed specifically for milk, we must increase milk production to satisfy demand. The lactation period is the time after a calf is born when a cow begins to produce milk.

Learn more about irrigation here-

https://brainly.com/question/29892276

#SPJ1

can someone please do this

Comparative Advantage

Answers

Colombia has an absolute advantage in motor cycles. Colombia has absolute advantage in speed boats

Japan has comparative advantage in  motorcycles, Colombia has comparative advantage in speed boats

How to find the absolute advantage

Japan produces 25 million motorbikes and 2.5 million speedboats throughout the same time span as Columbia, which produces 30 million motorcycles and ten million speedboats annually. While producing motorbikes and speedboats gives Columbia an absolute advantage, doing so merely gives it a comparative advantage.

We can observe that Columbia is 1.2 times more skillful than Japan at making motorcycles and is four times more skilled than Japan at making speed boats when we compare how well each of these products are produced in each country. As a result, Columbia can create speed boats at a lower opportunity cost than Japan since they have less to lose by directing more of their resources toward the development of speed boats and less toward other types of vehicles.

Read more on comparative advantage heree:https://brainly.com/question/13236978

#SPJ1

Product: Cheetos Country: Australia

4. Customer Value: What value or benefits will your product or service deliver to the consumers?

5. Profit: What will you charge per individual product or service?

6. Marketing: How will customers learn about your product/service?

7. Customer loyalty: How will you encourage customer loyalty and referrals for new customers?

8. SWOT Analysis:

What are the STRENGTHS of conducting business/marketing your product/service in this country?


b. What are the WEAKNESSES of conducting business/marketing your product/service in this country?


c. What are the OPPORTUNITIES of conducting business/marketing your product/service in this country?


d. What are the THREATS (competition?) of conducting/marketing your product/service in your country?

9. How will you know when you are successful?

10. Describe your expectation of your product/service life cycle in this country. How long before your product/service reaches maturity?

( PLS INCLUDE MORE THAN ONE SENTENCE)

Answers

Cheetos are a popular snack food that delivers a delicious and satisfying taste experience to consumers.

Cheetos are widely available in supermarkets and convenience stores across the country.

4. Customer Value: The product provides a convenient and easy-to-eat snack option for people on-the-go. The bold and cheesy flavor of Cheetos appeals to both children and adults, making it a versatile snack option. Additionally, Cheetos are available in different sizes and packaging options, catering to individual preferences and needs.

5. Profit: The price of Cheetos in Australia will depend on the size and packaging of the product. However, a single serving size of Cheetos (28g) is expected to be priced between AUD 1.50 to AUD 2.50.

6. Marketing: To promote Cheetos in Australia, the product can be advertised on social media platforms. The brand can collaborate with popular influencers and create exciting and engaging content that appeals to the target audience. Additionally, the brand can host sampling events and offer promotions to generate interest and awareness.

7. Customer loyalty: To encourage customer loyalty, the brand can offer loyalty programs that provide incentives and rewards for repeat purchases. The brand can also engage with customers through social media and respond to their queries and feedback promptly. Offering excellent customer service and delivering a consistent product experience can also help generate customer loyalty and referrals.

8. SWOT Analysis: a. Strengths: Cheetos are a popular and recognizable brand globally. The brand has a loyal following and offers a unique and delicious taste experience that appeals to a broad range of customers.

b. Weaknesses: The snack food market in Australia is highly competitive, with many established brands competing for market share. Cheetos may face challenges in establishing a foothold in the market and competing with established brands.

c. Opportunities: Australia has a growing snack food market with a diverse and multicultural population. Cheetos can leverage this opportunity and tailor its marketing and product offerings to appeal to different customer segments.

d. Threats: Competition from established brands and changing consumer preferences and trends pose significant threats to the success of Cheetos in the Australian market.

9.Success Measurement: The success of Cheetos in Australia can be measured by sales figures, market share, and customer feedback. Additionally, the brand can track social media engagement and monitor customer sentiment to evaluate the effectiveness of its marketing campaigns.

10. Product/Service Life Cycle: The life cycle of Cheetos in Australia will depend on various factors, including market trends, competition, and customer preferences. Typically, snack foods have a relatively short product life cycle, and the time to maturity can vary from several months to a few years. However, Cheetos' popularity and brand recognition may help the product reach maturity sooner.

To know more about Cheetos:

https://brainly.com/question/30067447

#SPJ1

You work for Kolb Aircraft Company. Kolb builds ultralight and experimental airplanes for flying enthusiasts. As a quality assurance manager, you’ve been invited to join a team that studies Federal Aviation Administration (FAA) safety regulations and applies them to the experimental airplanes Kolb sells. At the team’s first meeting, you are asked to prepare a summary report of FAA safety standards. Now, at your second team meeting, you deliver your report to the group. After the presentation, several group members begin discussing the company barbecue they attended last Friday.

Which team behavior does this situation describe?

a)Contributing information and ideas
b)Wasting the group’s time
c)Encouraging members to participate

Answers

Members of the group ought to comment on the presentation when it is finished, but since they are chatting about barbeque, their behaviour is inappropriate.

What conduct is permitted among group members?

They include creating a trust-based environment and dynamic, handling conflict, inspiring and motivating commitment, assuring accountability, and achieving successful outcomes.

In order to accomplish goals, collaborate with others. Manage performance in a responsible and equitable way. Constructive criticism is given and received as part of routine daily work. Such comments must to be supported by facts and given in a suitable way. Trust, Conflict, Commitment, Responsibility, and Results are the five behaviours.

To know about behaviour visit:

https://brainly.com/question/16835247

#SPJ1

Other Questions
Verify the identity so that the left side looks like the right side. [tex]\frac{1-cos(x)}{sin(x)}=\frac{sin(x)}{1+cos(x)}[/tex] we are visiting the park into passive the size of bass caught in strawberry lake is normally distributed with a mean of 12 inches and a standard deviation of 5 inches. suppose you catch 6 fish. what is the probability the average size of the fish you caught is more than 14 inches? g Sophia's fig tree is 38 inches shorter than her lemon tree. The lemon tree is 74 inches tall. Solve the addition equation to find the height of her fig tree. 6Although cities are scheduled to increase in numbers, there are still many places in the world that do not have major cities. What conclusion can you draw about these places? A. They already have large populations. B. They have not yet attracted major industries. C. They are not interested in industrializing. D. They will soon attract a lot of immigrants. Which phrase would best describe Manifest Destiny? What civilization considered the sources for western political thought? how do you edit a transaction? there are two options 2.5 Discuss how South Africa's law making process can be fair and transparent? mystrio was reading a ver intresting book just now what is the verb You deposit $300 into a savings account that pays 5% annual interest. If the interest compounds continuously, how long will it take for the account to reach $3000? Show the formula you used and the work. Work out the equation of the line which has a gradient of 3 and passes through the point (-1,3). your friend is using the command comm entryfile, but is getting an error message. what is the problem? melco, a furniture manufacturer, stocks excess inputs in a warehouse as a measure to meet sudden upturns in demand. this is an example of The resistance produced by a current of 120 amps from a 6V battery is?? where is subduction most likely to occur?A. Along the middle of some ocean floorB. Down the middle of mountain rangesC. On continentsD. At deep-ocean trenches true or false: compared to conventional methods of antimicrobial susceptibility testing, commercial modifications are less labor-intensive. Write the general equation for the circle that passes through the points (1, 1), (1, 3), and (9, 2).You must include the appropriate sign (+ or -) in your answer. Do not use spaces in your answer.8 x 2 + 8 y 2 x y = 0 100 POINTSMatch the vocabulary word with its meaning.1 . a group made up of sovereign states that remain associated with Great Britaindesertification2 . the transformation of land from green to desertecosystem3 . the plants and wildlife that make up a regionfinite4 . having an end; opposite of infiniteinvasive5 . advantageous or favorable toward somethingCommonwealth6 . plants or animals introduced to an area that destroy or hinder indigenous speciesconducive what reason did i give for using different border styles on the objective cell, the variable cells, and the constraint cells?