In: Operations Management
In: Operations Management
Describe how financial intermediation and financial innovation affect banking.
In: Finance
Describe the concept of customers as innovation partners and how to implement the concept.
In: Operations Management
The following stock prices pertain to Tesla (TSLA). Calculate the arithmetic and geometric returns from 2010 to 2019. Complete chart to help with problem .
|
2010 |
$ 4.82 |
|
|
2011 |
$ 5.81 |
|
|
2012 |
$ 7.51 |
|
|
2013 |
$ 36.28 |
|
|
2014 |
$ 40.72 |
|
|
2015 |
$ 38.24 |
|
|
2016 |
$ 50.38 |
|
|
2017 |
$ 70.86 |
|
|
2018 |
$ 61.40 |
|
|
2019 |
$130.11 |
A. Calculate the arithmetic average annual return for Tesla from
2010 through 2019.
B. Calculate the geometric average annual return for Tesla from 2010 through 2019.
In: Finance
The ledger of Crane Corporation at November 30, 2021, contains the following summary data:
Cash dividends—common
$60,500 Operating expenses $1,101,000
Cash dividends—preferred
25,000 Other comprehensive income—loss on
equity investments (before income tax)
71,000
Common shares
315,500 Rent revenue 39,000
Cost of goods sold
7,190,000 Preferred shares ($5 noncumulative) 381,000
Depreciation expense
341,000
Retained earnings, December 1, 2020 732,000
Sales
9,011,000
Your analysis reveals the following additional information:
1.
The company has a 25% income tax rate.
2.
The communications devices division was discontinued on August 31.
The profit from operations for the division up to that day was
$15,200 before income tax. The division was sold at a loss of
$70,500 before income tax.
3.
There were 200,000 common and 5,000 preferred shares issued on
December 1, 2020, with no changes during the year.
part
(a)
Prepare a multiple-step income statement for the year.
In: Accounting
| On January 1st 2020 the PSST partnership had the following capital accounts: | ||||||
| Schiff | $510,000 | |||||
| Schumer | $600,000 | |||||
| Pelosi | $700,000 | |||||
| Trump | $1,000,000 | |||||
| The partnership agreement states the following: | ||||||
| Partners would receive 10% interest on their beginning of the year capital accounts | ||||||
| Schiff receives a salary of $10,000 per year | ||||||
| Trump receives a salary of $50,000 per year | ||||||
| Pelosi takes $24000 per year out of her capital account for cosmetics | ||||||
| Trump takes $30,000 per year out of his capital account for orange hair dye | ||||||
| profits are shared equally | ||||||
| Losses are: 40% Schumer 30% Schiff 20% Pelosi and 10% Trump | ||||||
| In 2020 the partnership reported income of $800,000 [before interest and partner salaries] | ||||||
| In 2021 the partnership reported income of $200,000 [before interest and partner salaries] | ||||||
| In 2022 the partnership reported income of $750,000 [before interest and partner salaries ] | ||||||
| REQUIRED: | ||||||
| for 2020,2021 and 2022 determine | ||||||
| a) each partners share of partnership income | ||||||
| b) each partners ending capital balance. | ||||||
In: Accounting
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In: Accounting
Write a short paragraph (up to 5 sentences) with your thoughts/reflection on these points in the lectures:
- Some fIntech models have a focus on finance (or financial services) others on technology services. Explain with an example.
- An Open Innovation unit is a more collaborative model than a bank's innovation labs. Explain
- Incuments are generally more concerned with the cyber security risks of fintechs they work with than the other way round. Explain
In: Finance
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In: Accounting