Questions
Quantity of Product A Total Utility Marginal Utility Quantity of Product B Total Utility Marginal Utility...

Quantity of
Product A
Total Utility Marginal Utility Quantity of
Product B
Total Utility Marginal Utility

1

16

16 1 30 30
2 30 14 2 46 16
3 42 12 3 61 15
4 52 10 4 75 14
5 60 8 5 88 13
6 66 6 6 100 12
7 70 4 7 111 11

Please refer to the table above. The price of Product A is $1 and the price of Product B is $3. How many of Product A is in the optimal consumption choice if this consumer is limited to spending $25?

Provide your answer below:

$$

In: Economics

Propanol- C3H7OH- Determine the ratio of atoms of Carbon per total atoms, Hydrogen per total atoms...

Propanol- C3H7OH- Determine the ratio of atoms of Carbon per total atoms, Hydrogen per total atoms and Oxygen per total atoms.

In: Chemistry

Big Bank is a community bank and its balance sheet is reported below.[1] The “total equity/total...

Big Bank is a community bank and its balance sheet is reported below.[1] The “total equity/total asset ratio” is 10.00 percent ($10.00/$100.00) and is a very important ratio since bank regulators will shut down a bank when there is not enough capital. Assume bank regulators require the “total equity/total asset ratio” to be at least 8.00 percent at all times and if the ratio falls below 8.00 percent, a bank is immediately shut down.

Balance Sheet

(as of 12/31/2019 and in millions)

Assets

Assets have a duration of 4.24 years and a yield to maturity of 6.00%.

                    

    Total Assets         $100.00

Liabilities

Liabilities have a duration of 1.03 years and a yield to maturity of 3.00%.

                        Total Liabilities     $90.00

Equity

                        Total Equity           $10.00

Assume the government releases new economic numbers and there is an immediate parallel shift in the yield curve and all interest rates increase 100 basis points. This means the yield to maturity on Big’s liabilities increases 100 basis points from 3.00% to 4.00% and the yield to maturity on Big’s assets increases 100 basis points from 6.00% to 7.00.

  1. Would Big Bank’s total assets increase or decrease in value?
  2. Would Big Bank’s total liabilities increase or decrease in value?
  3. What is Big Bank’s “total equity/total asset ratio” after interest rates increase? Show your equation with the numbers.
  4. Will regulators shut down Big Bank when the interest rates increase?

  1. Increase or decrease in value of total assets
  1. Increase or decrease in value total liabilities
  1. New “total equity/total asset ratio”

Show your equation with numbers

  1. Is Big Bank shut down (yes or no)

In: Accounting

How many total atoms are contained in 75 g of arsenic (V) arsenate? How many total...

How many total atoms are contained in 75 g of arsenic (V) arsenate? How many total ions are contained in 75 g of arsenic (V) arsenate?

In: Chemistry

Determine the total Kjeldahl nitrogen (TKN) and total nitrogen (TN) concentration in mg-N/L of a water...

Determine the total Kjeldahl nitrogen (TKN) and total nitrogen (TN) concentration in mg-N/L of a water sample containing 0.25 mM ammonia, 0.02 mM nitrite, 0.75 mM nitrate, and 1.3 mg/L organic nitrogen

In: Chemistry

Laser World's income statement reported total revenues of $910,000 and total expenses (including $43,500 depreciation) of...

Laser World's income statement reported total revenues of $910,000 and total expenses (including $43,500 depreciation) of $750,000. The balance sheet reported the following: Accounts Receivable—beginning balance, $60,000 and ending balance, $61,500; Accounts Payable—beginning balance, $26,500 and ending balance, $32,500. Therefore, based only on this information, the net cash flows from operating activities were:

rev: 05_01_2020_QC_CS-210424

Multiple Choice

  • $112,300.

  • $164,500.

  • $208,000.

  • $199,150.

In: Accounting

 Flexible Budgets; Total Operating Income Variance; Breakdown of the Total Operating Income Variance; Spreadsheet Application The...

 Flexible Budgets; Total Operating Income Variance; Breakdown of the Total Operating Income Variance; Spreadsheet Application The following information is available for Brownstone Products Company for the month of July:   Actual   Master Budget Units   3,800   4,000 Sales revenue   $53,200   $60,000 Variable manufacturing costs   19,000   16,000 Fixed manufacturing costs   16,000   15,000 Variable selling and administrative expenses   7,700   8,000 Fixed selling and administrative expenses   10,000   9,000 Required What was the total operating income variance for July, rounded to the nearest whole dollar? (Note: This variance is also called the master (static) budget variance for the period.) Was this variance favorable (F) or unfavorable (U)? Set up a spreadsheet to compute the July sales volume variance and the flexible-budget variance for the month, both in terms of contribution margin and in terms of operating income. Round all dollar amounts to the nearest whole number. Discuss implications of these variances on strategic cost management for Brownstone. Configure your spreadsheet so that it will allow the firm to prepare pro-forma budgets for activities within its relevant range of operations. Use your spreadsheet to prepare a flexible budget for each of the following two output levels (round all dollar amounts in the flexible budgets to the nearest whole number): 3,750 units. 4,150 units.

Show formulas used.

In: Accounting

Saffron Industries most recent balance sheet reports total assets of $42,000,000, total liabilities of $16,000,000 and...

Saffron Industries most recent balance sheet reports total assets of $42,000,000, total liabilities of $16,000,000 and stockholders' equity of $26,000,000. Management is considering using $3,000,000 of excess cash to prepay $3,000,000 of outstanding bonds. What effect, if any, would prepaying the bonds have on the company's debt-to-equity ratio?

Remember that the Debt-to-Equity Ratio is: Total Liabilities / Total Stockholder's Equity

Group of answer choices

Prepaying the debt would cause the firm's debt-to-equity ratio to worsen from .62 to .57.

Prepaying the debt would cause the firm's debt-to-equity ratio to worsen from .62 to .50.

Prepaying the debt would cause the firm's debt-to-equity ratio to improve from .62 to .50.

Prepaying the debt would cause the firm's debt-to-equity ratio to remain unchanged.

Prepaying the debt would cause the firm's debt-to-equity ratio to improve from .62 to .57.

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Question 25 pts

On July 1, Shady Creek Resort borrowed $250,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30 of $37,258. What amount of interest expense will be included in the first annual payment?

Group of answer choices

$37,258

$25,000

$232,742

$17,258

$20,000

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Question 35 pts

On January 1, Year 1, KASE issues $200,000 of 8%, 5-year bond, dated 1/1/20X1, which matures 1/1/20X6, and must pay interest twice a year (semi-annually) every first of July and first of January. The Cash balance at the end of July 1, 20X3 is:

Warning: When doing calculations, it is recommended to use Excel. If you are calculating by hand, do not round to the nearest whole number until you get to the final answer

Enter your answer as rounded to the nearest whole number, for example:

if the answer is 100, enter 100

if the answer is 100.49, enter 100

if the answer is 100.5, enter 101

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Question 45 pts

On July 1, Shady Creek Resort borrowed $250,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30 of $37,258. What is the journal entry to record the first annual payment?

Group of answer choices

Debit Interest Expense $20,000; debit Notes Payable $17,258; credit Cash $37,258.

Debit Interest Expense $20,000; credit Cash $20,000.

Debit Interest Expense $37,258; credit Cash $37,258.

Debit Cash $250,000; debit Interest Expense $37,258; credit Notes Payable $287,258.

Debit Interest Expense $20,000; debit Interest Payable $17,258; credit Cash $37,258.

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Question 55 pts

On July 1, Shady Creek Resort borrowed $250,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30 of $37,258. What amount of principal will be included in the first annual payment?

Group of answer choices

$25,000

$232,742

$37,258

$20,000

$17,258

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Question 65 pts

A corporation borrowed $125,000 cash by signing a 5-year, 9% installment note requiring equal annual payments each December 31 of $32,136. What journal entry would the issuer record for the first payment?

Group of answer choices

Debit Interest Expense $11,250; debit Notes Payable $20,886; credit Cash $32,136.

Debit Notes Payable $32,136; debit Interest Payable $11,250; credit Cash $43,386.

Debit Notes Payable $11,250; credit Cash $11,250.

Debit Interest Expense $7,136; debit Notes Payable $25,000; credit Cash $32,136.

Debit Notes Payable $32,136; credit Cash $32,136.

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Question 75 pts

A company issued 8%, 15-year bonds with a par value of $550,000 that pay interest semiannually. The market rate on the date of issuance was 8%. The journal entry to record each semiannual interest payment is:

Group of answer choices

Debit Bond Interest Expense $550,000; credit Cash $550,000.

Debit Bond Interest Payable $22,000; credit Cash $22,000.

Debit Bond Interest Expense $22,000; credit Cash $22,000.

Debit Bond Interest Expense $44,000; credit Cash $44,000.

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Question 85 pts

A bondholder that owns a $1,000, 10%, 10-year bond has:

Group of answer choices

The right to receive $10 per year until maturity.

Ownership rights in the issuing company.

The right to receive $1,000 at maturity.

The right to receive dividends of $1,000 per year.

The right to receive $10,000 at maturity.

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Question 95 pts

On January 1, Year 1, Stratton Company borrowed $100,000 on a 10-year, 7% installment note payable. The terms of the note require Stratton to pay 10 equal payments of $14,238 each December 31 for 10 years. The required general journal entry to record the payment on the note on December 31, Year 2 is:

Group of answer choices

Debit Interest Expense $6,493; debit Notes Payable $7,745; credit Cash $14,238.

Debit Notes Payable $10,000; debit Interest Expense $4,238; credit Cash $14,238.

Debit Interest Expense $7,000; debit Notes Payable $7,238; credit Cash $14,238.

Debit Notes Payable $7,000; debit Interest Expense $7,238; credit Cash $14,238.

Debit Notes Payable $14,238; credit Cash $14,238.

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Question 105 pts

On January 1, Year 1, KASE borrowed $200,000 on a 6-year, 7% installment note payable. The terms of the note require KASE to pay 6 equal payments each December 31 for 6 years. The Notes Payable balance on December 31, Year 5 is:

Warning: When doing calculations, it is recommended to use Excel. If you are calculating by hand, do not round to the nearest whole number until you get to the final answer

Enter your answer as rounded to the nearest whole number, for example:

if the answer is 100, enter 100

if the answer is 100.49, enter 100

if the answer is 100.5, enter 101

Flag this Question

Question 115 pts

On January 1, Year 1, KASE issues $200,000 of 8%, 5-year bond, dated 1/1/20X1, which matures 1/1/20X6, and must pay interest twice a year (semi-annually) every first of July and first of January. The cumulative Bond Interest Expense through December 31, 20X4 is:

Warning: When doing calculations, it is recommended to use Excel. If you are calculating by hand, do not round to the nearest whole number until you get to the final answer

Enter your answer as rounded to the nearest whole number, for example:

if the answer is 100, enter 100

if the answer is 100.49, enter 100

if the answer is 100.5, enter 101

Flag this Question

Question 125 pts

Seedly Corporation's most recent balance sheet reports total assets of $35,000,000 and total liabilities of $17,500,000. Management is considering issuing $5,000,000 of par value bonds (at par) with a maturity date of ten years and a contract rate of 7%. What effect, if any, would issuing the bonds have on the company's debt-to-equity ratio?

Remember that the Debt-to-Equity Ratio is: Total Liabilities / Total Stockholder's Equity

Group of answer choices

Issuing the bonds would cause the firm's debt-to-equity ratio to improve from 1.0 to 1.3.

Issuing the bonds would cause the firm's debt-to-equity ratio to remain unchanged.

Issuing the bonds would cause the firm's debt-to-equity ratio to improve from .5 to .8.

Issuing the bonds would cause the firm's debt-to-equity ratio to worsen from 1.0 to 1.3.

Issuing the bonds would cause the firm's debt-to-equity ratio to worsen from .5 to .8.

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Question 135 pts

On January 1, Year 1, KASE borrowed $200,000 on a 6-year, 7% installment note payable. The terms of the note require KASE to pay 6 equal payments each December 31 for 6 years. The Cash payment on December 31, Year 2 is:

Warning: When doing calculations, it is recommended to use Excel. If you are calculating by hand, do not round to the nearest whole number until you get to the final answer

Enter your answer as rounded to the nearest whole number, for example:

if the answer is 100, enter 100

if the answer is 100.49, enter 100

if the answer is 100.5, enter 101

Flag this Question

Question 145 pts

On July 1, Shady Creek Resort borrowed $250,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30 of $37,258. What is the appropriate journal entry to record the issuance of the note?

Group of answer choices

Debit Cash $250,000; credit Notes Payable $250,000.

Debit Notes Payable $250,000; credit Cash $250,000.

Debit Cash $250,000; debit Interest Expense $37,258; credit Notes Payable $287,258.

Debit Cash $287,258; credit Interest Payable $37,258; credit Notes Payable $250,000.

Debit Cash $37,258; credit Notes Payable $37,258.

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Question 155 pts

On January 1, Year 1, KASE borrowed $200,000 on a 6-year, 7% installment note payable. The terms of the note require KASE to pay 6 equal payments each December 31 for 6 years. The cumulative Interest Expense through December 31, Year 4 is:

Warning: When doing calculations, it is recommended to use Excel. If you are calculating by hand, do not round to the nearest whole number until you get to the final answer

Enter your answer as rounded to the nearest whole number, for example:

if the answer is 100, enter 100

if the answer is 100.49, enter 100

if the answer is 100.5, enter 101

Flag this Question

Question 165 pts

This is a free-response question, which will be graded after all HW submissions are in. Your HW grade will not reflect these 5 points until this portion is graded by the TA's

Prompt:

KASE is in need of $300,000 to build a new prototype. Upon looking at its options, it finds it can get $300,000 in one of two ways:

  • On 1/1/20X1, issuing a $300,000 of 2.5%, 4-year bond, dated 1/1/20X1, which matures 1/1/20X5, and must pay interest twice a year (semi-annually) every first of July and first of January
  • On 1/1/20X1, borrowing $300,000 on a 6-year, 5.5% installment note payable. The terms of the note require KASE to pay 6 equal payments each December 31 for 6 years

Question:

If KASE wanted the most pre-tax Income Statement profit over 6 years, which way would she choose, and why?

In: Accounting

26) During March, a firm expects its total sales to be $169,000, its total variable costs...

26) During March, a firm expects its total sales to be $169,000, its total variable costs to be $95,900, and its total fixed costs to be $25,900. The contribution margin for March is:

Multiple Choice

$73,100.

$25,900.

$47,200.

$121,800.

$95,900.

25)

Forrester Company is considering buying new equipment that would increase monthly fixed costs from $240,000 to $627,000 and would decrease the current variable costs of $60 by $15 per unit. The selling price of $100 is not expected to change. Forrester's current break-even sales are $600,000 and current break-even units are 6,000. If Forrester purchases this new equipment, the revised break-even point in dollars would be:

Multiple Choice

$330,000.

$763,636.

$1,140,000.

$436,364.

$600,000.

In: Accounting

Use the following information to calculate the ratios listed below: Total Assets 650,000 Total Liabilities 300,000...

Use the following information to calculate the ratios listed below:
Total Assets 650,000
Total Liabilities 300,000
Current Assets 60,000
Current Liabilities 20,000
Net Income 70,000
Shares Outstanding 12,000
Accounts Receivable 55,000
Sales 439,000
Inventory 25,000
Dividends 10,000


Quick Ratio ____________________
Earnings Per Share ___________________
Return on Assets _________________
Debt/Equity Ratio _______________
Days Sales in Receivables ______________

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In: Finance