McKerley Corp. has preferred stock outstanding that will pay an annual dividend of $5.80 per share with the first dividend exactly 10 years from today. If the required return is 4.02 percent, what is the current price of the stock?
In: Finance
What price will a finance company pay for a conditional sale contract requiring 21 monthly payments of $210.50, if the company requires a rate of return of 20% compounded semiannually? The first payment is due one month from now.
In: Finance
Please answer all the ten question
Question 11
An Increase in Income will
Group of answer choices
Shift the demand for an inferior good to the right
Have no impact on a normal good
Shift the demand for an inferior good to the left
Have no impact on an inferior good
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Question 12
A decrease in Income will
Group of answer choices
Shift the demand for an inferior good to the right
Shift the demand for an inferior good to the left
Have no impact on an inferior good
Have no impact on a normal good
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Question 13
I the price of beer (PB) = $10 and the price of Apples (PA) = $10 and your income (INC) = $100
and B= the number of beers that you buy and A=the number of Apples that you buy
If I put B on the vertical axis what is the equation for this budget without the values of the parameters entered?
Group of answer choices
A = -(PB/PA)(A) + INC/PA
B = -(PB/PA)(A) + INC/PB
A = -(PA/PB)(A) + INC/PA
B = -(PA/PB)(A) + INC/PB
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Question 14
If the price of beer (PB) = $10 and the price of Apples (PA) = $20 and your income (INC) = $100
and B= the number of beers that you buy and A=the number of Apples that you buy
What is the most amount of Apples that I can buy?
Group of answer choices
20
5
100
10
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Question 15
A market economy works best when there is no government intervention
Group of answer choices
True
False
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Question 16
What are the two problems with a command economy?
Group of answer choices
Incentive and Coordination
Supply and Demand
Opportunity Cost and Scarcity
Capital and Labor
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Question 17
Which of the following will shift the demand to the right?
Group of answer choices
An increase in price of a substitute
An increase in income if the good is an inferior good
An decrease in income if the good is a normal good
An increase in the price of a complement
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Question 18
If both demand and supply shift to the right the change in price will
Group of answer choices
Increase
be Ambiguous
Decrease
Stay the same
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Question 19
Economists generally claim the they do
Group of answer choices
Neither Postive or Normal Econ
Positive Economics
Natural Economics
Normal Economics
Question 20
Opportunity Cost
Group of answer choices
Is the same in economics as it is in accounting
Can never be 0
Can be negative
Is the cost of the next best thing you had to give up to do something
In: Economics
Gallatin Carpet Cleaning-the company has always charged a flat fee per hundred square feet of carpet cleaned. The current fee is $23.50 per hundred square feet.
| Activity Cost Pool | Activity Measure | Activity for the Year | |
| Cleaning carpets | Square feet cleaned (00s) | 10,000 | hundred square feet |
| Travel to jobs | Miles driven | 300,500 | miles |
| Job support | Number of jobs | 1,800 | jobs |
The total cost of operating the company for the year is $370,000
| Wages | $ | 148,000 |
| Cleaning supplies | 28,000 | |
| Cleaning equipment depreciation | 17,000 | |
| Vehicle expenses | 38,000 | |
| Office expenses | 63,000 | |
| President’s compensation | 76,000 | |
| Total cost | $ | 370,000 |
| Distribution of Resource Consumption Across Activities | ||||||||||
| Cleaning Carpets | Travel to Jobs | Job Support | Other | Total | ||||||
| Wages | 73 | % | 13 | % | 0 | % | 14 | % | 100 | % |
| Cleaning supplies | 100 | % | 0 | % | 0 | % | 0 | % | 100 | % |
| Cleaning equipment depreciation | 69 | % | 0 | % | 0 | % | 31 | % | 100 | % |
| Vehicle expenses | 0 | % | 79 | % | 0 | % | 21 | % | 100 | % |
| Office expenses | 0 | % | 0 | % | 63 | % | 37 | % | 100 | % |
| President’s compensation | 0 | % | 0 | % | 29 | % | 71 | % | 100 | % |
1. Prepare the first-stage allocation of costs to the activity cost pools.
2. Compute the activity rates for the activity cost pools.
3. The company recently completed a 400 square foot carpet-cleaning job at the Flying N Ranch—a 53-mile round-trip journey from the company’s offices in Bozeman. Compute the cost of this job using the activity-based costing system.
4. The revenue from the Flying N Ranch was $94.00 (400 square feet @ $23.50 per hundred square feet). Calculate the customer margin
In: Accounting
Case study 4
Three companies were dominant in the skincare market in Oman, battling for the "driver's seat". To get the upper hand the companies followed and implemented many strategies to attract customers and grow in the market.
Manar Professional Skincare Company offered 50% more for the same price for their product 'Bright and Glow's. The company also decided to provide 5% offer on every purchase of the product during summer. Manar Professional Skincare Company offered more quantity than before for the same price.
Latafa Organic Company attracted its customers by providing herbal care. Herbal care was deemed to be healthier by giving good results to skincare and fairness. This increased the trust and loyalty of the customers. The company always focused on the need and want of the customers by conducting regular surveys .The Company introduced new herbal facial creams in three different flavours, like Papaya, Mint and Neem. For each 50 gram of Papaya herbal facial cream the company fixed the price as OMR .999 baiza.
Rayan Beauty Company attracted customers by launching a whole new soap product category that results in healthier and fairer skin. They decided to reach the customers by giving the best quality with a high price. This strategy helped because the soaps were considered to be less harmful than fairness creams. The Rayan Beauty Company‟s motive was to always satisfy the customers.
Question 4
i.
ii.
Comment on the various pricing strategies followed by the Manar Professional Skincare
Company & Rayan Beauty Company in the above case. (4 Marks–100 /125 words)
Analyse whether Latafa Organic Company can be successful with its pricing strategy.
(3 Marks–75 / 100 words)
iii. Did Latafa Organic Company and Rayan Beauty Company follow any evolution of marketing
concepts? Justify your answer with the various stages. (3 Marks–75 / 100 words)
In: Economics
Your required rate of return is 20% and your income tax is 0%. You have job offers from two different companies, say A and B. Company A offers a 5-year contract, with a signing bonus of $100 and an annual wage of $80 in the first year, which will grow 10% a year over the duration of the contract. Company B offers a 5-year contract, with a constant annual wage and a severance pay of $100 at the termination of the contract. Everything else equal (e.g., perks, location, co-workers), what is the minimum annual wage offered by Company B for which you should accept their offer over Company A’s offer?
Group of answer choices
$114.39
$120.03
$91.75
$136.89
$108.61
In: Finance
Use Matlab to write the following
1. Write code to determine whether a year is a leap year. Use the mod function. The rules for determining leap years in the Gregorian calendar are as follows:
All years evenly divisible by 400 are leap years.
Years evenly divisible by 100, but not by 400, are not leap years.
Years divisible by 4, but not by 100, are leap years.
All other years are not leap years.
For example, the years 1800, 1900, 2100, 2300 and 2500 are not leap years, but 2400 is a leap year.
2. Solve the following:
a. Use a for loop to determine the sum of the first 10 terms in the series 5k3, where k=1,2,3,...,10. Report your answer to the Command Window.
b. Repeat part (a) without using a loop.
In: Mechanical Engineering
Data--- December 1 was the start of the company’s operations. The company had no operations prior to December 1.
During December, the first month of operation--
1. Direct materials added to production totaled $55,500.
2. Direct labor costs incurred/added to production totaled $82,600.
3. Manufacturing overhead costs added to production totaled $119,000.
4. 10,000 units were 100% complete and transferred to the next department.
5. 5,000 physical units were in ending Work in Process.
6. Each unit in ending WIP inventory was 100% complete with respect to materials costs and 80% complete with respect to conversion costs.
Question -- Is the weighted average being used in this example or is FIFO being used is this example? Please explain.
In: Accounting
Let X = the distance (in meters) that a small animal moves from its birthplace to the first territorial vacancy it encounters. Suppose that for a specific species X has a uniform distribution with a mean of 75 meters and a standard deviation of 10 meters.
a) What is the probability that the distance is at most 100 m? At most 200m?
b) What is the probability that the distance is between 100m and 200m?
c) What is the probability that the distance exceeds the mean distance?
d) What is the distance exceeded by 15% of the individuals?
e) If the animal has been walking for 100 m, what is the probability that it will have to walk for another 50m?
f) If you observe 15 animals, what is the probability that less than 5 will have to walk more than 100m?
In: Statistics and Probability
progressive company produces one product in a process-costing system involving several departments. the first department's costs and output for the month of april are asfollows:units:
beginning wip *15,000units
started during april 140,000 units
completed during april 120,000
units sending wip **35,000units
costs:
beginning wip:direct materials$25,750
conversion costs 3,225 $28,975
direct materials added in current month 168,000
conversion costs in current month 186,000
total costs to account for$382,975
* 100% completed for materials, 40% completed for conversion costs*
* 100% completed for materials, 30% completed for conversion costs
required:compute the cost of work completed and the cost of the ending work-in-process inventory using the weighted-average method.
In: Accounting