Answer:
No
Explanation:
The information that Duncan McDougall has discovered does not prove the existence of a Cartesian Soul because it does not clearly tie the missing weight to the soul. Other scientists believe that the lost weight upon death is simply due to the body's excessive sweating and that the lost weight can be accounted for as liquids that have left the body and not a Cartesian Soul. Therefore, unless there is a clear and undeniable link between the lost body weight and a Cartesian Soul it does not prove anything.
Assume your goal in life is to retire with $2,500,000. How much would you need to save at the end of each year if interest rates average 7% and you have a 20-year work life?
Answer:
Annual deposit= $60,982.31
Explanation:
Giving the following information:
Future Value= $2,500,000
Number of periods= 20 years
Interest rate= 0.07
To calculate the annual deposit, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (2,500,000*0.07) / [(1.07^20) - 1]
A= 60,982.31
Mesa Corp. allocates overhead to production on the basis of direct labor costs Mesa's total estimated overhead is $450,000 and estimated direct labor is $180,000. Determine the amount of overhead to allocated to finished goods inventory if there is $20,000 of total direct labor cost in the cost in the jobs in the finished goods inventory. A. $8,000 B. $20,000 C. $70,000 D. $50,000 E. $90,000
Answer:
The correct option is D. $50,000.
Explanation:
This can be calculated using the following formula:
Overhead allocated to finished goods inventory = (Total direct labor cost in the cost in the jobs in the finished goods inventory / Estimated direct labor) * Total estimated overhead ................. (1)
Where;
Total direct labor cost in the cost in the jobs in the finished goods inventory = $20,000
Estimated direct labor = $180,000
Total estimated overhead = $450,000
Substituting the values into equation (1), we have:
Overhead allocated to finished goods inventory = ($20,000 / $180,000) * $450,000 = 0.111111111111111 * $450,000 = $50,000
Therefore, the correct option is D. $50,000.
If we are given a periodic interest rate, say a monthly rate, we can find the nominal annual rate by multiplying the periodic rate by the number of periods per year. a. True b. False
Answer:
a. True
Explanation:
A periodic interest rate can be defined as an interest rate that is realizable on an investment such as securities (bonds) or charged on a loan over a specific period of time.
Mathematically, it is given by the formula;
[tex] Periodic \; interest \; rate = \frac {annual \; interest \; rate}{number \; of \; compounding \; periods} [/tex]
Hence, if we are given a periodic interest rate, say a monthly rate, we can find the nominal annual rate by multiplying the periodic rate by the number of periods per year.
RedEx Shipping determined the rate to apply overhead based on direct labor hours would be $5.40, and based on machine hours would be $4.20. Job 664 used $26.00 of direct materials, 2.5 machine hours, and 4 hours of direct labor at a cost of $14 per hour. How much is the manufacturing cost of job 664 if RedEx Shipping applies overhead based on machine hours?
a. $92.50
b. $10.50
c. $21.60
d. $103.60
Answer:
Manufacturing cost= $92.5
Explanation:
Giving the following information:
Predetermined overhead rate= $4.2 per machine hour
Job 664:
2.5 machine hours
$26.00 of direct materials
4 hours of direct labor for $14 per hour.
To allocate overhead, we need to use the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 4.2*2.5= $10.5
Now, the manufacturing cost:
Manufacturing cost= 10.5 + 26 + 4*14
Manufacturing cost= $92.5
What is a classic marketing exercise that is used to declare that one’s own food or drink product is superior to the market leader?
Answer:
Blind taste test
Explanation:
As the name suggests the blind taste test is the test i.e. taken for tasting the food having blindfold where you are not aware of which brand of food you are tasting. You can judge by tasting it
So here in the given situation, if the own food or the drink product is declared so it would become superior to the leader of the market. This case would applied in the blind taste test
Therefore the same is to be considered
Assets Liabilities
1 Short-term consumer loans (one-year maturity) $150 1 Equity capital (fixed) $120
2 Long-term consumer loans 125 2 Demand deposits (two-year maturity) 40
3 Three-month Treasury bills 130 3 Passbook savings 130
4 Six-month Treasury notes 135 4 Three-month CDs 140
5 Three-year Treasury bond 170 5 Three-month bankers acceptances 120
6 10-year, fixed-rate mortgages 120 6 Six-month commercial paper 160
7 30-year, floating-rate mortgages (rate adjusted every nine months) 140 7 One-year time deposits 120
8 Two-year time deposits 40
$970 $970
Required:
Suppose that interest rates rise by 2 percent on both RSAs and RSLs. The expected annual change in net interest income of the bank is:______
Answer: $300,000
Explanation:
One year Rate Sensitive Assets (RSA) = Short term consumer loans (one year maturity) + Three month treasury bills + Six month treasury notes + 30 year floating rate mortgages ( rate adjusted every nine months)
= 150 + 130 + 135 + 140
= $555 million
One Year Rate Sensitive liabilities (RSL) = Three month CDs + Three month bankers acceptances + Six month commercial paper + One year time deposits
= 140 + 120 + 160 + 120
= $540 million
RSA - RSL = 555 - 540 = $15 million
Change in interest income = Difference between RSA and RSL * change in interest rates
= 15,000,000 * 2%
= $300,000
What is the line manger
Answer:
it a person that is in line to be the nexted manger
Explanation:
Company A provides corn to Company B to make into corn syrup. Company B sells its corn syrup to Company C, who makes ice cream for sale at Company D. Company D is a ___________ in the supply chain of ice cream.
A. tier 2 supplier
B. tier 1 supplier
C. retailer
D. manufacturer
Answer: C. retailer
Explanation:
Company D is a retailer because retailers are the ones that sell the final product and from the scenario depicted, the final product is ice cream and therefore it being sold by Company D makes them the retailer.
Tier 2 suppliers supply raw materials so that is company A. Tier 1 process raw materials so that is Company B and the manufacturer is evidently Company C which made the ice cream to be sold by D.
Charles goes to Gamestop with only $50. They have the new Call of Duty for
$49.99 or a sale on controllers for $35. Since the controller was on sale, he
decides to buy it.
Answer:
Opportunity cost of call of duty = $14.99 (Negative effect)
Explanation:
Given:
Cost of call of duty = $49.99
Cost of controller = $35
Find:
Opportunity cost of call of duty
Computation:
Opportunity cost of call of duty = Cost of call of duty - Cost of controller
Opportunity cost of call of duty = $49.99 - $35
Opportunity cost of call of duty = $14.99 (Negative effect)
Hadi makes wooden souvenirs to sell them during Baalbek festivals. Hadi believes if he puts more effort his small business will grow up, thus he increases the working hour of each worker from 50 hours per month to 60 hours per month. Hadi is interested in determining his productivity, He has the following data:
Month 1 Month 2
Output 250 units 320 unit
Worker 4 employees, cost per hour $5 4 employees, cost per hour $5
Overhead Expenses $600 $700
Find the worker productivity per dollar of Month 1 (6 points) *
None of the above
1.25
0.25
12.5
Find the change in worker productivity per labor hour. (6 points) *
6.7%
6.4%
6.5%
6.6%
Find the total productivity of Month 2. (6 points) *
0.17
0.16
0.15
0.18
Find the change of the total productivity (7 points) *
6.7%
6.5%
6.8%
6.6%
Answer:
1.25
6.4%
0.17
not sure of the last one
Explanation:
In December 2005: Currency held by individuals and businesses, $724 billion Money market funds and other deposits, $711 billion. Savings deposits, $3,622 billion Time deposits, $974 billion Checkable deposits owned by individuals and businesses, $638 billion Traveler's checks held by individuals and businesses, $7 billion Calculate Ml and M2 in December 2005. M1 in December 2005 was $______ billion. M2 in December 2005 was $ ______billion.
Answer:
M1 = $1,369M2 = $6,676Explanation:
M1 and M2 are both definitions of money.
M1 refers to the most liquid cash which includes actual currency, checkable deposits and Traveler's checks.
M2 is M1 in addition to Savings deposits, time deposits and Money market funds
M1 = 724 + 638 + 7
= $1,369
M2 = 1,369 + 3,622 + 974 + 711
= $6,676
The four major expenditure categories of GDP are: Group of answer choices consumption, government purchases, taxes, and investment. consumption, investment, taxes, and net exports. consumption, investment, government purchases, and net exports. consumption, imports, exports, and government purchases. consumption, investment, government purchases, and stocks.
Answer:
consumption, investment, government purchases, and net exports.
Explanation:
The Gross Domestic Products (GDP) is the measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country. The Gross Domestic Products (GDP) of a country's economy gives an insight to it's social well-being.
Basically, the four major expenditure categories of GDP are consumption, investment, government purchases, and net exports.
The bonds issued by Stainless Tubs bear a 6 percent coupon, payable semiannually. The bonds mature in 11 years and have a $1,000 face value. Currently, the bonds sell for $989. What is the yield to maturity
Answer:
The annual YTM will be = 6.133735546% rounded off to 6.13%
Explanation:
The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,
YTM = [ ( C + (F - P / n)) / (F + P / 2) ]
Where,
C is the coupon payment
F is the Face value of the bond
P is the current value of the bond
n is the number of years to maturity
Coupon payment = 1000 * 0.06 * 6/12 = 30
Number of periods remaining till maturity = 11 * 2 = 22
semi annual YTM = [ (30 + (1000 - 989 / 22)) / (1000 + 989 / 2)
semi annual YTM = 0.03066867773 or 3.066867773% rounded off to 3.07%
The annual YTM will be = 3.066867773% * 2 = 6.133735546% rounded off to 6.13%
Bond A sells at $975. Bond B sells at $1010. Both bonds have a coupon rate of 4%. All else equal, which bond has more interest rate risk?
Answer:
Bond A
Explanation:
Interest rate risk is the likelihood of loss to bondholders emanating from an increase in a bond's market interest rate which is also the yield to maturity.
However, a bond is issued at a premium when its market interest rate is lower than the coupon rate and at a discount when the reverse is the case.
In this instance, bond A was issued at a discount while B was issued at a premium, hence, the market interest rate of Bond A is higher and it has a higher interest rate risk due to its yield to maturity which made it trade at a discount to the face value of $1000 per bond
Feeling "He who does the work of the King ought to be King," Pope Zacharias helped whom become King of the Franks in 751?
a. Charles Martel
b. Childeric
c. Pepin the Short
Answer:
(C) Pepin The Short
Explanation:
In 741AD, Pepin took over from his father as Mayor of the Palace. He ruled alongside his elder brother.
In 743AD, Pepin and his brother chose Childeric to be the apparent King of the Franks. Both brothers still wielded the functional power to the throne. Childeric was just to 'appear to be' the King (unknown to him though).
In 747AD, Pepin's brother stepped down (intentionally and on his own accord). Pepin then became the only ruler of the entire Frankish territory.
In 751AD, Pepin, without full support from his clan, lured Childeric into monastery in order to remove him as the 'face of Francia'.
Pope Zacharias helped Pepin to be proclaimed King of the Franks, against all opposition.
International trade benefits a nation when:
a. no domestic jobs are lost because of trade.
b. all nations are specializing in producing what they do best.
c. its revenue from selling abroad exceeds its outlays from buying abroad.
d. its trading partners experience reduced economic well-being.
Answer:
C
Explanation:
I am pretty sure that this would be C, because it would not be preserving a nation if you tried to hurt it.
Answer:
all nations are specializing in producing what they do best.
(Preferred stock valuation) You are considering an investment in one of two preferred stocks, TCF Capital or TAYC Capital Trust. TCF Capital pays an annual dividend of $2.16, while TAYC Capital pays an annual dividend of $1.94. If your required return is 11percent, what value would you assign to the stocks?
The value of the TCF Capital preferred stock is $______ per share
Answer:
Price of TCF Capital = $19.6363 rounded off to $19.64
Price of TAYC Capital = $17.6363 rounded off to $17.64
Explanation:
The value of current price of a preferred stock can be calculated using the formula for perpetuity. A preferred stock qualifies as perpetuity because its dividend payments are of a constant amount, are paid after equal intervals of time and are for an indefinite time period. The formula for price of the stock is as follows,
P0 = Dividend / r
Where,
r is the required rate of return
Price of TCF Capital = 2.16 / 0.11
Price of TCF Capital = $19.6363 rounded off to $19.64
Price of TAYC Capital = 1.94 / 0.11
Price of TAYC Capital = $17.6363 rounded off to $17.64
In 2020, Miranda records net earnings from self-employment of $193,800. She has no other gross income. Determine the amount of Miranda's self-employment tax and her for AGI income tax deduction. In your computations round all amounts to two decimal places. Round your final answers to the nearest dollar.
Answer:
the self employment tax on 92.35% of your net income as self employed by 15.3% = $193,800 x 92.35% = $178,974.30
Miranda will pay social security (OASDI) taxes for the first $137,700 = $137,700 x 6.2% x 2 = $17,074.80
Her Medicare taxes will be calculated using $178,974.30 x 1.45% x 2 = $5,190.25
total self employment taxes = $17,074.80 + $5,190.25 = $22,265.05
Miranda can deduct 50% of her self employment taxes from her AGI = $22,265 x 50% = $11,132.50 ≈ $11,133
I-cache miss rate is 2%, D-cache miss rate is 5%. Miss penalty is 100 cycles. Base CPI is 2 CPI. If load and store are 20% of instructions, what is the actual CPI?
Answer:
5
Explanation:
Given that:
i - cache miss rate = 2%
D-cache miss rate = 5%
Miss penalty = 100 cycles
Base CPI = 2 CPI
If load and store are 20% of instructions
i - cache = 2% * 100 = 0.02 * 100 = 2
D - cache = 5% * 20% of instructions * 100
D - cache = (0.05 * 0.2 * 100) = 1
Base CPI = 2
Hence, Actual CPI :
i - cache + D-cache + Base CPI
(2 + 1 + 2) = 5
Amy is single. During 2020, she determined her adjusted gross income was $12,000. During the year, Amy also contributed $2,500 to a Roth IRA. What is the maximum saver's credit she may claim for the year
Answer:
$1,000
Explanation:
Calculation for the maximum saver's credit she may claim for the year
For us to know the maximum saver's credit amount that she may claim for the year we have to know the standard maximum contribution amount that is eligibe for the maximum saver's credit which is the amount of $2,000 and then we multiply the amount by the standard filing status and AGI percentage which is 50%
Hence:
Maximum saver's credit=$2,000*50%
Maximum saver's credit=$1,000
Therefore the maximum saver's credit she may claim for the year will be $1,000
Suppose a tax of $5 per unit is imposed on a good, and the tax causes the equilibrium quantity of the good to decrease from 200 units to 100 units. The tax decreases consumer surplus by $450 and decreases producer surplus by $300. The deadweight loss from the tax is:_____
Answer:
$250
Explanation:
Deadweight loss from the tax = 1/2*Tax rate*(Quantity change)
Deadweight loss from the tax = 1/2* $5 * (200-100)
Deadweight loss from the tax = 1/2* $5 * 100
Deadweight loss from the tax = $250
Thus, the deadweight loss from the tax is $250
Mitchell Co. has $1.1 million of debt, $3 million of preferred stock, and $3.3 million of common equity. What would be its weight on common equity
Answer:
0.45
Explanation:
Calculation for What would be its weight on common equity
Using this formula
Weight on common equity= Common equity/(Debt+Preferred stock+Common equity+ )
Let plug in the formula
Weight on common equity=$3.3 million /($1.1 million +$3 million +$3.3 million)
Weight on common equity=$3.3 million/$7.4 million
Weight on common equity=0.45
Therefore What would be its weight on common equity is 0.45
Despite Alisa’s request for a 7% wage increase for workers with seniority, Katherine flat out rejects the request and cites the fact that the company has a salary freeze for all employees. In this situation, Katherine is using which type of power to make this decision?
Answer:
Legitimate power.
Explanation:
Legitimate power is one that a person hold as a result of their position in an organisation.
They formally hold a position if authority that enables them exercise such power.
For example in the community the police has the authority to arrest law offenders.
This type of authority tends to be on official matters that have a set guideline.
In the given scenario Katherine rejects Alisa’s request for a 7% wage increase for workers with seniority and cites the fact that the company has a salary freeze for all employees.
The freeze is an official guideline in place within the organisation, and Katherine is enforcing it.
A stock has had returns of 16 percent, 23 percent, 15 percent, −11 percent, 30 percent, and −5 percent over the last six years.What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic return % Geometric return %
Answer and Explanation:
The computation of the arithmetic and geometric return for the stock is shown below:
Arithmetic return is
= (16% + 23% + 15% - 11% + 30% - 5%) ÷ 6
= 11.33%
And,
Geometric return is
= ((1 + 16%) × (1 + 23%) × (1 + 15%) × (1 - 11%) × (1 + 30%) × (1 - 5%))^(1 ÷ 6) - 1
= 10.33%
The same is to be considered
Demand forecasting is the process of creating statements about ____________ of demand that are ______________.
a. future realizations, currently uncertain
b. current uncertainties, future realized
c. current realizations, future realized
d. future uncertainties, currently realized
Answer:
a. future realizations, currently uncertain
Explanation:
Demand forecasting is the process where the demand is forecasted based on the past sales so that the estimation of the customer demand could be done. It tells the value of the goods and services that the customer will buy in near future
So according to the given options, the first option is correct as it is based on the future i.e. totally uncertain
Therefore the first option is to be chosen
A company issues bonds with a $100,000 par value, an 8% annual contract rate, semiannual interest payments, and a five year life. The bonds sold for $107,850. The entry to record the issuance of the bonds will include
Answer:
a. A credit to Premium on Bond Payable $7,850
Multiple-choices
a. A credit to Premium on Bonds Payable of $7,850.
b. A debit to Discount on Bonds Payable of $7,850
c. A credit to Cash of $100.000.
d. A credit to Bonds Payable of $107850
Explanation:
Bonds issued at a premium mean a customer pays a higher price than the face value. In this case, the premium amount is the difference between $107,850 and $100,000. When bonds are issued at a premium, the premium amount is debited to a premium bond account.
An engineer who is now 65 years old began planning for retirement 40 years ago. At that time, he thought that if he had $1 million when he retired, he would have more than enough money to live his remaining life in luxury. Assume the inflation rate over the 40-year time period averaged a constant 4% per year.
Required:
a. What is the CV purchasing power of his $1 million at age 65?
b. How many future dollars should he have accumulated over the 40 years to have a CV purchasing power equal to $1.9 million at his current age of 65?
Answer:
The answer is "$208,289.045 and $9,121,939.2"
Explanation:
In point a:
40 years before CV buying power:
[tex]= \frac{\$ \ 1,000,000}{(1 + 4.00\%) ^ {40}}\\\\= \frac{\$ \ 1,000,000}{4.80102063}\\\\= \$ \ 208,289.045[/tex]
CV buying power was $208,289.045 and for 40 years before the start of each year forty years ago.
In point b:
Power CV = $1.9 million
Future accumulated value:
[tex]= \$ \ 1,900,000 \times (1 + 4.00 \%) ^ {40}\\\\= \$ \ 1,900,000 \times 4.80102063\\\\= \$ \ 9,121,939.2[/tex]
The future accumulated value will be= $9,121,939.2.
Which option is appropriate for an organization, like an airline, that cannot tolerate any downtime or any loss of data
Question Completion:
Options:
A. Any of the three choices is appropriate.
B. Real-time mirroring
C. Cold site
D. Hot site
Answer:
The appropriate option for an organization, like an airline, that cannot tolerate any downtime or any loss of data is:
B. Real-time mirroring
Explanation:
Real-time mirroring copies data in real-time from one storage device to another storage device. This ensures that the copied data is an exact copy of the data from the original device. Where office space is needed because of a disaster, a cold site is appropriate. On the other hand, a hot site is a commercial disaster recovery service for continued computer and data processing operations.
what are the intangible property that is protected by law which an enterpreneur should consider when starting up a business
Answer:
Several types of intanigle property, also known as intangible assets, are protected by law. The three main types are: copyrights, patents, and trademarks.
A copyright is a protection of a creative work like a book, a song, or a film
A patent is a legal protection for a scientific or technological invetion.
And a trademark is a protection of a phrase, name, brand, or symbol that identifies a particular company.
If you where advising someone on developing a "marketing communications plan", what factors would you address in this selection process?
Explanation:
Marketing Communications Plan can be described as the technique that an organisation or individual uses to attract the attention of consumers through different forms of communication.
Factors to address in the selection of a Marketing Communications Plan is as follows:
1. The first factor to keep in mind is the target market or your target customers.
2. The second factor is the goals and objectives of the said plan.
3. Another important factor is the budget allocated for the plan.
4. Fourth factor is the advertising and promotional policies.