Answer:
In real dollars, Babe Ruth's salary = $80,000 / 0.0645 (CPI 1930) = $1,240,000
Since Babe Ruth was the highest paid baseball player back then, if we compare his updated salary to Kershaw's salary, it represents only = $1,240,000 / $33,000,000 = 3.76%.
That means that most of the players' salary raise was due to other factors, not just inflation.
For a professional athlete, making money off of products that use their likeness is an example of what concept?
For a professional athlete, making money off of products that use their likeness is an example of Name, Image, and Likeness deals.
What are name, image, and likeness deals?Name, image, and likeness deals are commercial endorsements that give publicity to professional and college athletes, who lend their names, images, and likeness to companies to leverage for their product brands.
Using marketing and promotional endeavors, companies can use the athlete's name, image, and likeness to create customer-attractive brands for their products.
These deals provide opportunities for the athletes to make money by permitting the business entities to use their name, image, and likeness to market and sell products.
Thus, while the agreements are called “NIL” deals, professional athletes use them to make money.
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On January 1 of this year, Nowell Company issued bonds with a face value of $140,000 and a coupon rate of 7.5 percent. The bonds mature in ten years and pay interest semiannually every June 30 and December 31. When the bonds were sold, the annual market rate of interest was 7.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)
What amount of cash is owed to investors on June 30 and December 31 of this year?
Based on the face value of the bonds and the coupon rate, the amount owed to investors by Nowell Company is:
June 30 = $5,250December 31 = $5,250How much is owed to investors?This can be found as:
= (Coupon rate x Face value) / 2 semi annual periods
Solving gives:
= (7.5% x 140,000) / 2
= $5,250
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on october 1 a client pays a company the full 12000 balance of a year long contract. Using the accrual method what is the unearned revenue as of December 31
Based on the amount the client paid on October 1, the unearned revenue as at December 31 is $9,000.
How can the unearned revenue be found?First, find the monthly revenue:
= 12,000 / 12
=$1,000
From October 1 to December 31 is 3 months so 3 months of revenue has been recognized.
Unearned revenue is:
= 12,000 - (3 x 1,000)
= $9,000
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why are professions important?
what systems are available and specifically the financial benefits iy holds for the user and owner.
Answer:
A financial management information system generates data that recipients find to be relevant to their decision-making and reporting processes.
Cogswell cola purchased a machine for $237,500. The firm paid another $5,750 for delivery and installation. In addition the firm will have to hire another employee and pay them $50,000 per year to run the machine. What is the initial outlay for this machine?.
Based on the cost of purchasing the machine and the delivery and installation fees, the initial outlay is $243,250
How much is the initial outlay?This can be found as:
= Cost of purchasing machine + Installation and delivery cost
Solving gives:
= 237,500 + 5,750
= $243,250
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The return on investment earned by atkins construction company for four successive years was 30% 20% -40% and 200%. What is the geometric mean rate of return on investment?
The geometric mean rate of return on investment is 29.45%
What is arithmetic mean rate of return?
Arithmetic rate of return is the sum of all returns divided by the number of periods for which the returns were indicated.
Arithmetic rate of return=sum of returns/number of returns
number of returns in this case is 4 since the returns were for 4 years
arithmetic rate of return=(30%+20%-40%+200%)/4
arithmetic rate of return=52.50%
What is geometric mean rate of return ?
It is the return computed using a different approach as shown by the formula below:
geometric mean rate of return= ((1 + R1) × (1 + R2) × ... × (1 +Rn))(1/n) - 1
R1=year 1 return=30%
R2=year 2 return=20%
R3=year 3 return=-40%
R4=year 4 return=200%
n=4(the returns for 4 years)
geometric mean rate of return=((1+30%)*(1+20%)*(1-40%)*(1+200%))^(1/4)-1
Remember the return in year 3 is negative 40%, using a positive return would lead a wrong conclusion
geometric mean rate of return=1.2945-1
geometric mean rate of return=29.45%
The geometric mean rate of return on investment is 29.45%
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Solomon Ski Company manufactures snow skis. During the most recent accounting period, the company’s finishing department transferred 4,150 sets of skis to finished goods. At the end of the accounting period, 480 sets of skis were estimated to be 50 percent complete. Total product costs for the finishing department amounted to $285,350.
Required
Determine the cost per equivalent.
Determine the cost of the goods transferred out of the finishing department.
Determine the cost of the finishing department’s ending work in process inventory.
The various costs for Solomon Ski Company during the recent accounting period are determined as follows:
1. Cost per equivalent unit is $65.
2. Cost of finished goods transferred out from the finishing department is $269,750.
3. Cost of the ending WIP inventory is $15,600.
What is the cost per equivalent unit?The cost per equivalent unit refers to the average cost per unit based on the total production costs divided by the total equivalent units of production.
The equivalent units of production depend on the degree or percentage of completion for the various cost classes.
Data and Calculations:Transfer to finished goods = 4,150
Ending inventory = 480
Degree of completion of the ending inventory = 50%
Total equivalent units = 4,390 (4,150 + 480 x 50%)
Total production costs = $285,350
Cost per equivalent unit = $65 ($285,350/4,390)
Cost of finished goods = $269,750 ($65 x 4,150)
Cost of the ending WIP = $15,600 ($65 x 240)
Thus, equivalent units refer to the degree of work completed per unit.
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4. You are making a punch for an upcoming party. The recipe calls for 2½ parts ginger ale to 4/5
parts grenadine to 1% parts vodka. If your punch bowl can hold 8.5 litres, how much (in litres)
each ingredient is needed? Round the answers to two decimals as needed.
Based on the ingredients and drinks needed to make a punch bowl, the quantity of each ingredient that is needed is:
4.55 liters of ginger ale 1.45 liters of grenadine 2.5 liters of vodka How much of each ingredient is needed?Assuming that the amounts of each ingredient is x, the formula would be:
8.5 = 2.5x + 0.8x + 1.375x
Solving gives:
4.675x = 8.5
x = 8.5 / 4.675
= 1.818181
Using this value of x, we can then find the quantity of vodka needed to be 2.5 liters.
Grenadine would need 1.45 liters and Ginger Ale would need the highest amount of 4.55 liters.
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If a project costing $92000 has a profitability index of 1 and the discount rate was 12%, then the present value of the net cash flows was
a. undeterminable.
b. less than $92000.
c. $92000.
d. greater than $92000.
The present value of the net cash flows was $92,000.
Given,
Project costing = $92000
Profitability index = 1
the discount rate was 12%
The profitability index (PI) quantifies the allure of a project or investment.
The present value of anticipated future cash flows is divided by the project's initial investment to determine the PI.
A PI of at least 1.0 is considered to be a decent investment, with higher levels indicating more alluring projects.
Using the Profitability index formula,
Profitability index = Net Present value of cash inflows / Initial Investment
1 = Present value of cash inflows / $92,000
Present value of cash inflows = $92,000
Hence, the present value of the net cash flows was $92,000.
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Part 1: Describe the following in 175 words: • 2 of the main risks of entrepreneurship and small business ownership
ENG-114-02E-2022SP-Prof Research & Reporting
ENG-114-02E-2022SP-Prof Research & Reporting involves teaching professional communication skills.
What is Communication?This is the act of exchanging information through different types of medium such as writing etc.
The course above is taught with the use of articles reviewed by peers for as better understanding of how to communicate better in this type of scholarly environment.
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All else held constant, which of the following will decrease the allocation to the risky asset?
An increase in the expected return of the risky asset
An increase in risk aversion
An decrease in the volatility of the risky asset
A decrease in the risk-free rate
Same question but for increase the allocation of the risky asset
Answer:
an increase in risk aversion
Explanation:
This would cause a decrease in allocation to “risky” investments… at least that’s what we learned in MGT1104, for #2, not sure, would either be decrease in volatility or increase in exp. Return
while you were assessing shift lead touch points you noticed that the. temperature on the cold line ingredients temperature is 41°f . what should you do
Answer: lower temp
Explanation:
In a situation where an assessment shift lead touchpoints have been noticed to have a temperature on the cold line ingredients' temperature is 41 degree Fahrenheit, it is advisable for the tester to lower the temperature of the test.
What is the significance of temperature?Temperature of an assessment can be referred to or considered as the amount of measurable heat or coldness present in a constrained environment, which is the area of study of an assessee. Cold line ingredients shall not exceed a temperature of above 5 degrees Celsius.
In a situation where the temperature of the cold line ingredients exceeds a clock of 5 degrees Celsius, it is advisable to lower the temperature and bring the temperature to as cooler environment as possible to make the environment suitable for an assessment.
Therefore, the significance regarding the temperature of cold line ingredients has been aforementioned.
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Suppose that you run a bank and you decide to merge with a financial services company so that you can offer your customers stocks as well as simpler investment tools, such as checking and savings accounts. When the merger occurs, you will have to restructure your company so that you don’t have duplicate efforts and so all of the employees in the new company have clearly defined work goals. This is an example of ---________, because you will move the company from an old state to a new state during a controlled period of time.
This is an example of change management because you will move the company from an old state to a new state during a controlled period of time.
What is change management?It should be noted that change management is the approach to transition of the goals of an organization for a period of time.
In this case, when the company move the company from an old state to a new state during a controlled period of time, the change management is illustrated.
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Discuss the importance of customer service
Firms will generally make-to-order when
Firms will generally make-to-order when the demand for goods is not stable.
What is Make to order?Make to order (MTO) is a production process that involves a customer ordering a specific products which is usually different from the general products.
The products may be customized and its usually done when a company has less demand or work.
Therefore, Firms will generally make-to-order when the demand for goods is not stable.
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how do you find the total fixed cost using the table
Answer:
Total cost (TC) = Total variable cost (TVC) + Total fixed cost (TFC)
Therefore,
Total fixed cost = Total cost - Total variable cost
hope am helpful
Answer: Total fixed cost= Fixed cost- total variable cost
Explanation: you should add the fixed cost and the variable cost then the answer you get by adding the fixed cost and the variable cost is the total fixed cost.
use the below way to find the Total fixed cost;
Fixed cost= Fixed cost (TC) + Variable cost (TVC)
then to get the total fixed cost;
Total fixed cost= Fixed cost- total variable cost
20pts
Income and education both represent which type of market segmentation?
O A demographic
OB. psychographic
OC. polygraphic
O D. metrographic
Answer:
Demographic
Explanation:
Income range and education levels can both be used as targeted demographics.
Quantitative Problem 2: Hadley Inc. forecasts the year-end free cash flows (in millions) shown below.
Year 1 2 3 4 5
FCF -$22.77 $37.1 $43.5 $53 $56.2
The weighted average cost of capital is 12%, and the FCFs are expected to continue growing at a 3% rate after Year 5. The firm has $26 million of market-value debt, but it has no preferred stock or any other outstanding claims. There are 20 million shares outstanding. Also, the firm has zero non-operating assets. What is the value of the stock price today (Year 0)? Round your answer to the nearest cent. Do not round intermediate calculations.
$
per share
According to the valuation models developed in this chapter, the value that an investor assigns to a share of stock is dependent on the length of time the investor plans to hold the stock.
The statement above is
-Select-
.
Conclusions
Analysts use both the discounted dividend model and the corporate valuation model when valuing mature, dividend-paying firms; and they generally use the corporate model when valuing divisions and firms that do not pay dividends. In principle, we should find the same intrinsic value using either model, but differences are often observed.
Even if a company is paying steady dividends, much can be learned from the corporate model; so analysts today use it for all types of valuations. The process of projecting future financial statements can reveal a great deal about a company's operations and financing needs. Also, such an analysis can provide insights into actions that might be taken to increase the company's value; and for this reason, it is integral to the planning and forecasting process.
The stock price is mathematically given as
P=$57.64
What is the stock price?Generally, the equation for is Value after year mathematically given as
[tex]V=\frac{(FCF for year 5*Growth rate)}{(WACC-Growth rate)}\\\\V = \frac{(55.4*1.05)}{(0.09-0.05)}[/tex]
V= $1454.25
Hence, the current value is mathematically given as
I=Discounting factor equal to the future cash flows multiplied by their present value
[tex]I=\frac{-22.76}{1.09} + \frac{38.8}{1.09^2}+ \frac{43.4}{1.09^3}+\frac{52.3}{1.09^4}+\frac{55.4}{1.09^5}+\frac{1454.25}{1.09^5}[/tex]
I=$1063.508769
current value for ordinary stock
I'=$1037.508769million
In conclusion, the stock price is
P=(1037.508769/18)
P=$57.64
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how lack of planning can affect getting the job done as a hospitality supervisor?
The lack of planning can affect getting the job done as a hospitality supervisor as it can bring about high risks.
What is planning?It should be noted that planning simply means the stores that are put in place to achieve a desired goal.
In this case, the lack of planning can affect getting the job done as a hospitality supervisor as it can bring about high risks in the company.
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D
Question 23
According to John Maynard Keynes, when government invests one
billion dollars into the economy what should occur? (Standard 4.3)
2 pts
O The one billion dollars will have an impact greater than one billion dollars due
to the multiplier effect.
O Consumer spending should decrease by one billion dollars.
O I have no idea what the answer is.
O The government should adjust the tax levels in order to gain addition funds to
pay for the investment.
O The government's action should slow down economic activity.
John Maynard Keynes believed that The one billion dollars will have an impact greater than one billion dollars due to the multiplier effect.
What did John Maynard Keynes believe?Keynes was a major advocate for the government spending money in the economy to induce economic growth.
He believed that there was a multiplier effect that would lead to any amount the government invested in the economy, having a greater impact than this investment.
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Suppose that the federal budget is balanced when GDP is at potential GDP. If equilibrium GDP falls below potential, please explain how and why government transfer payments would change; how and why tax receipts would change; how and why the budget would change.
The federal budget is the difference between the income of the government and its expenditure as illustrated in the GDP.
How to explain the information?The income of the government is tax revenue and when expenditure is more than the income, the budget is said to be in deficit. Potential GDP is the maximum GDP that an economy is able to produce with the given level of resources in the long run. In times of recession, the actual GDP is less than the potential GDP, which means the output produced is less than the capability of the economy.
Inn such periods, GDP is low, unemployment is very high and aggregate demand is also very low. When the economy is in recession, the income of the people falls and thus, the tax they pay out of their incomes also falls. Therefore, the tax receipts fall due to a fall in income.
On the other hand, in recessions, the government uses expansionary fiscal policy which directly injects money by either increasing government spending or reducing the tax rate. Therefore, when the tax rate falls, the tax revenue or tax receipts fall. The government spends money on the public to increase social welfare.
The budget of the government is the difference between tax receipts and transfer payments. When the tax receipts fall and transfer payments rise. Thus, the budget of the government falls and the federal budget is said to be in deficit.
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Which of the following is true regarding images on a website?
Use HTTPS:// and not HTTP:// of the following is true regarding images on a website's structure and navigation.
Option B) Whenever possible, use HTTPS:// and not HTTP:// when creating new web pages.
Images Grab Attention and Evoke Emotions
Images are an easy way to improve the user experience of your website. 90% of all the information we perceive and transmit to our brain is visual. Images help grab attention and guide the visitor's eye.
Choosing high-quality images that are interesting, high resolution, and appropriately sized will make your site look more professional. Avoid images that can be easily ignored, such as B. Blurry or too small images.
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Disclaimer: The question was incomplete. Please find the full content below.
Question
Which of the following is true regarding images on a website's structure and navigation?
A) A website’s structure should be at least five layers.
B) Whenever possible, use HTTPS:// and not HTTP:// when creating new web pages.
C) It is best to have several pages that are not internally linked.
D) A higher bounce rate typically leads to more conversions.
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outline and clarify the three types of safety controls with examples and explain when hierarchical preferences of safety control apply?
Answer:
define five runs of hierarchy of contains elimination substitution engineering controls editing status control and personal protective equipment
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A good theory is hard to understood, while simple enough to capture the key features of the object or situation being studied.
True
False
Events that occur locally, or nationally, impact the rest of the consumers and producers in this country.
True
False
Microeconomics and macroeconomics are not separate subjects, but rather complementary perspectives on the overall subject of the economy.
True
False
Most real-world industries will either be a perfect competition or a monopoly and will not fall in the middle ground of market structures.
True
False
Based on economic theory, the true and false statements on the economy are:
True:
Events that occur locally, or nationally, impact the rest of the consumers and producers in this country.Microeconomics and macroeconomics are not separate subjects, but rather complementary perspectives on the overall subject of the economy.False:
A good theory is hard to understood, while simple enough to capture the key features of the object or situation being studied.Most real-world industries will either be a perfect competition or a monopoly and will not fall in the middle ground of market structures.What is the economy like?In order to explain the economy, economists turn to economic theory which are to be easy to understand and complex enough to capture the key things that are being studied.
Industries in the real world are often not fully purely competitive or a monopoly but instead fall somewhere in the middle.
Microeconomics and macroeconomics are not different but instead focus on different perspectives of an economy and therefore help explain how a local or national event can affect an entire nation.
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which of the following is a tertiary ratio that drives profitability?
Review Later
EBIT / Sales
Net Profit / Sales
EBIT / Net Profit
SG&A Expense / Sales
The SG&A Expense/Sales is the tertiary ratio that drives profitability.
What is SG&A Expense/Sales?This refers to the everyday operating expenses of running a business that are not included in the production of goods or delivery of services.
As the SG&A includes rent, salaries, advertising, marketing expenses etc., it is the tertiary ratio that drives profitability.
Therefore, E is correct.
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Which person is living within their means?
A. Cara earns $1000 a month and spends $1200 by putting some
expenses on her credit card.
OB. Bill earns a high salary but has trouble making his car payment on
time due to his expensive hobbies.
OC. Ella maxed out all three of her credit cards but pays the minimum
balance each month.
D. Dmitri earns $1000 a month and spends $800 on rent, groceries,
and other expenses.
Answer: D
Explanation: I just took the test
Dimitri earns $1000 a month and spends $800 on rent, groceries and other expenses. Therefore Dimitri is living within their means. The correct option is d.
How successfully can a person live within their means?To live within our means, it can be understood that what we spend each month is less than or at least equal to the amount of money we bring in each month. For many people, it’s a lot easier said than done. If we want to live within our means, we have to know what our means are. Simply knowing our annual salary or hourly rate isn’t enough to help us live below our means. We need to know the net income that appears on our paychecks and the amount we have to spend.
We also need to know how often we get paid so we can better match the timing of our income with our bills. Since most of our bills are paid monthly, we’ll need to know how much we get paid every month.
We must multiply weekly paychecks by four, and bi-weekly paychecks by two, to get our monthly pay.
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"Do what you do best" is most consistent with which target marketing strategy?
O Concentrated
O Differentiated
O Undifferentiated
O Aggregated
O Sales-oriented
Do what you do best" is most consistent with undifferentiated target marketing strategy.
What is marketing strategy?This is when an organization or company devised means of promoting their products to the target audience.
Undifferentiated is when a marketer overlooks the market's segment distinctions and make use of a marketing plan designed to appeal to as many individuals as possible.
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Outline the Operational Risk events that JP Morgan Chase & Co has experienced over the last 5 years
Some operational risk events faced by JP Morgan and other firm are:
Internal fraudExternal fraudDamage to physical assetsBusiness disruptionSystems failuresWhat is an operational risk event?This refers to an incident or experience that has caused or that has a potential to cause some material loss to the firm either directly or indirectly with other incidents.
Some example of an operational risk involves some employee errors, criminal activity like fraud, physical events etc.
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