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Review Test Submission: Quiz 4: Science of Investing 1
2023 Summer Term (5W1) Principles of Financial Planning and Individual Investing FIN 2000 S1NB[9488]
(Baruch College)
Course Documents
Semiweek 4. Science of Investing, part 1
Review Test Submission: Quiz 4: Science of Investing 1
User
Danny Varughese Jacob
Course
2023 Summer Term (5W1) Principles of Financial Planning and Individual Investing
FIN 2000 S1NB[9488] (Baruch College)
Test
Quiz 4: Science of Investing 1
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Questions
Question 1
Selected Answer:
True
Answers:
True
False
Bernie Madoff created a Ponzi Scheme by taking investors' money, but keeping the
money for himself. He paid returns to old investors with money from new investors.
Question 2
Selected Answer:
True
Answers:
True
False
A broker trades on behalf of clients; a dealer trades for its own account.
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Review Test Submission: Quiz 4: Science of Investing 1 –...
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Question 3
Selected Answer:
True
Answers:
True
False
The U.S. Securities & Exchange Commission is one source of information available to
investors. Other sources exist as well.
Question 4
Selected Answer:
True
Answers:
True
False
The Electronic Data Gathering and Retrieval (EDGAR) system provides all publicly
available data filed with the U.S. SEC.
Question 5
Selected Answer:
True
Answers:
True
False
To predict a security's probable future price movement, technical analysis evaluates
information contained in a company's financial statements whereas financial analysis
uses price charts and patterns.
Question 6
Selected Answer:
False
Answers:
True
False
The Efficient Market Hypothesis states that buyers and sellers in markets are always
perfectly rational agents.
Question 7
Selected Answer:
True
Answers:
True
False
An opportunity for arbitrage would be if Dell charges $2,000 for a laptop in the United
States and $700 in El Salvador for the same laptop.
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Please help on part a and it’s subparts and part b
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Financial Management - Fall 20
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T BFIN 300 Fall 2021 - Assigned|
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Ishiguro Transcontinental paid a dividend of $5.40 last year and
the company anticipates this will grow at 2.10% for the
foreseeable future. The appropriate discount rate (expect return)
for the stock is 7.6%, Ishiguro's stock price is closest to:
O A. $72.54.
O B. $98.18.
O C. $100.24.
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Institution Page
BAB140 Lab#3 Ch4 W2022
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* U.S. News | Reuters
WSJ market volume
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BAB140 Lab#3 Ch4 W2022
Question 3 of 5
>
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View Policies
Current Attempt in Progress
Crane Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February
28, 2021:
Accounts payable
12,600
Income tax payable
4,700
Accounts receivable
27,100
Insurance expense
3,400
Accumulated depreciation-equipment
5,400
Prepaid insurance
2,900
Cash
17,600
Rent expense
5,800
Common shares
10,100
Retained earnings
20,100
Depreciation expense
4,400
Salaries expense…
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Florist Grump, Inc., had beginning retained earnings of $137,000. During the year, Florist Grump had net income of $63,000 and declared
and paid dividends of $18,000. What will be shown for ending retained earnings on Florist Grump's year-end balance sheet?
QUESTION 9
For the year ended December 31, Year 2
For the year ended December 31, Year 1
Revenues
$ 7,500
$ 500
Expenses
1,500
Net Income
December 31, Year 2
December 31, Year 1
Assets
$ 16,500
$ 1,000
500
Liabilities
Stock
300
300
Retained Earnings
1.$
200
Assume Year1 is the company's first year of business and there were $100 dividends in Year 1 and $100 dividends in Year 2. After
determining the missing amounts ($
Earnings 1.$
in the above…
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: Investing
are-delivery/ua/49002441/774597733/aHROcHM6Ly9mMi5hcHAuZWRtZW50dWOuY29tL2xlYXJuZXItdWkvc2Vjb25kYxJ5L3VzZXItYXNzaWdub...
Unit Activity: Investing
ietthe.corein
answer in each box, If necessary, round the answers to the near en 5 of 7
One week from today, the stock is predicted to close at $ 65.73
One month from today, the stock is predicted to close at $ 66.33
One year from today, the stock is predicted to close at $ 76.58
Question 2
Do you think the model is a good predictor of the future closing price of the stock? Justify your response in
three to four sentences.
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6.4 Mortgage Financing
Jessica's mortgage payment, including principal, interest, taxes, and insurance, is $750 per month. She also has other
monthly debt payments of $440. If her monthly gross income is $3,950. How would a bank assess Jessica's capacity to
take on an additional credit card?
O Asset ratio
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O Debt ratio
O Mortgage debt service ratio
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E Chapter 5 Homework - FINANCIA X
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E Chapter 5 Homework
Question 6 of 6
>
-/ 1
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Current Attempt in Progress
The comparative balance sheets of Constantine Cavamanlis Inc. at the beginning and the end of the year 2020 are as follows.
CONSTANTINE CAVAMANLIS INC.
BALANCE SHEETS
Dec. 31, 2020
Jan. 1, 2020
Inc./Dec.
Assets
Cash
$ 45,000
$ 13,000
$32,000
Inc.
Accounts receivable
91,000
88,000
3,000
Inc.
Equipment
39,000
22,000
17,000
Inc.
Less: Accumulated Depreciation-Equipment
17,000
11,000
6,000
Inc.
Total
$158,000
$112,000
Liabilities and Stockholders' Equity,
Accounts payable
$ 20,000
$ 15,000
5,000
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Common stock
100,000
80,000
20,000
Inc.
Retained earnings
38,000
17,000
21,000
Inc.
Total
$158,000
$112,000
Net…
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E Chapter 5 Homework
Question 1 of 6
>
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Current Attempt in Progress
Koch Corporation's adjusted trial balance contained the following asset accounts at December 31, 2020: Cash $7,000, Land
$40,000, Patents $12,500, Accounts Receivable $90,000, Prepaid Insurance $5,200, Inventory $30,000, Allowance for Doubtful
Accounts $4,000, and Equity Investments (to be sold in the next quarter) $11,000.
Prepare the current assets section of the balance sheet. (List Current Assets in order of liquidity.)
КОСН СORPORATION
Balance Sheet (Partial)
2$
2$
1:37 PM
O Type here to search
9/24/2020
2
..
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Question 5 of 6
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The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of
the transactions listed below as:
1.
Operating activity-add to net income.
2.
Operating activity-deduct from net income.
3.
Investing activity.
4.
Financing activity.
5.
Reported as significant noncash activity
The transactions are as follows.
Transactions
Classifications of Activities
(a)
Issuance of common stock.
(b)
Purchase of land and building.
(c)
Redemption of bonds.
(d)
Sale of equipment.
(e)
Depreciation of machinery.
(f)
Amortization of patent.
1:39 PM
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(a) Prepare the adjusting journal entry to record bad debt expense for the year.
(b) If the allowance for doubtful accounts had a debit balance of $887 instead of a credit balance of $2,864, prepare the adjusting journal entry for
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You have been given the following return information for a mutual fund, the market
index, and the risk-free rate. You also know that the return correlation between the
fund and the market is 0.97.
Year
Fund
Risk-Free
Market
-41.5%
2011
-21.8%
3%
2012
25.1
21.2
4
2013
14.1
14.5
2014
6.4
8.8
2015
-2.22
-5.2
What are the Sharpe and Treynor ratios for the fund? (Do not round intermediate
calculations. Round your answers to 4 decimal places.)
Sharpe ratio
Treynor ratio
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Sherry, who is 52 years of age, opened a Roth IRA three years ago. She has contributed a total of $12.900 to the Roth IRA ($4,300 a
year). The current value of the Roth IRA is $21,700. In the current year Sherry withdraws $19.400 of the account balance to purchase a
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purchase?
Amount of withdrawal
Non-taxable amount
Amount subject to tax
0.
Tax rate
Penalty rate
Tax
Penalty
After tax withdrawal
retained
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Question 8 of 20
Current Attempt in Progress
1.
2.
3.
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workjam (ulta)
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1.
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2.
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Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of
the transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No
Entry" for the account titles and enter O for the amounts.)
connect
Owner invested $66,500 in exchange for common stock of the corporation.
Hired an employee to be paid $500 per week, starting tomorrow.
Paid two years' rent in advance, $7,100.
Paid the worker's weekly wage.
Recorded service revenue…
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The adjustment of overapplied manufacturing overhead cost results in all the following, EXCEPT:
O a. decrease in net operating income.
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O b. increase in net operating income.
out of
Oc.
decrease in cost of goods sold
O d. none of the given answers
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XYZ Company had the following information for the year:
red
Direct materials used
OMR 110,000
dout of
Direct labor incurred (5,000 hours)
OMR 150,000
Actual manufacturing overhead incurred
OMR 166,000
on
The Company used a predetermined overhead rate of OMR 30 per direct labor hour for the year. Assume the only inventc
an ending Work in Process Inventory balance of OMR 17,000. What was cost…
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Falkland, Inc., is considering the purchase of a patent that has a cost of $51,000 and an estimated revenue producing life of 4 years. Falkland has a cost of capital of 12%. The
patent is expected to generate the following amounts of annual income and cash flows:
Year 1
Year 2
Year 3
Year 4
Net income
$5,100
$6,500
$6,300
$3,000
Operating cash flows
17,000
18,300
18,450
15,100
(Click here to see present value and future value tables)
A. What is the NPV of the investment? Round your present value factor to three decimal places and final answer to the nearest dollar.
B. What happens if the required rate of return increases?
If the required rate of return increases,
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[The following information applies to the questions displayed below.]
Seiko's current salary is $98,500. Her marginal tax rate is 32 percent and she fancies European sports cars. She
purchases a new auto each year. Seiko is currently a manager for Idaho Office Supply. Her friend, knowing of her interest
in sports cars, tells her about a manager position at the local BMW and Porsche dealer The new position pays only
$87100 per year, but it allows employees to purchase one new car per year ata discount of $17,700. This discount
qualifies as a nontaxable fringe benefit. In an effort to keep Seiko as an employee, Idaho Office Supply offers her a
$12.400 raise. Answer the following questions about this analysis.
c. What…
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Assume Skyler Industries has debt of $4,841,000 with a cost of capital of 7.6% and equity of $5,459,.000 with a cost of capital of 10.4%. What is Skyler's weighted average cost of
capital? Round your intermediate calculations and final answer to 3 decimal places,
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- Please help on part a and it’s subparts and part barrow_forwardFinancial Management - Fall 20 I To Do / Completed B Take Test: Bonus: Stocks - Fall 20 T BFIN 300 Fall 2021 - Assigned| M Inbox (11,168) - rdeans9876@g htps://blackboard.albany.edu/webapps/assessment/take/take.jsp?course_assessment id=_152519 1&course_id=_157898_1&content_id=_60538 OSBOX SVN. CPU. G Google * WebAssign - Blackboard Learn How To Factory Res. 9 Honey P MyLab IT | Pearson M Inbox (10,367) - rde. Ishiguro Transcontinental paid a dividend of $5.40 last year and the company anticipates this will grow at 2.10% for the foreseeable future. The appropriate discount rate (expect return) for the stock is 7.6%, Ishiguro's stock price is closest to: O A. $72.54. O B. $98.18. O C. $100.24.arrow_forwardHow do I calculate those numbersarrow_forward
- Institution Page BAB140 Lab#3 Ch4 W2022 NWP Assessment Player UI Appli x WP Wiley Course Resources A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=31085e1c-3fe8-4a49-b0d5-235bab61d4d1#/question/2 E Apps W MarketWatch: Stock... e Business News Market News | Seek... O FINVIZ.com - Stock.. T7 CVNA 228.28 A +1. S Stocktwits - The lar. E* Google Translate E Earnings and Econo. AV Short Interest Stock. * U.S. News | Reuters WSJ market volume E Reading list >> BAB140 Lab#3 Ch4 W2022 Question 3 of 5 > -/2 View Policies Current Attempt in Progress Crane Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2021: Accounts payable 12,600 Income tax payable 4,700 Accounts receivable 27,100 Insurance expense 3,400 Accumulated depreciation-equipment 5,400 Prepaid insurance 2,900 Cash 17,600 Rent expense 5,800 Common shares 10,100 Retained earnings 20,100 Depreciation expense 4,400 Salaries expense…arrow_forwardus.wvu.edu/webapps/assessment/take/launch.jsp?course_assessment_id=_349525_1&course_id=_172235_1&content_id= 91004 Musketeers worldhiston H Blackboard M WVU Gmail a Discord Complete History... m HBO Max N Netflix A ALEKS- Musketeers Excel Email am and sieges v Question Completion Status: Florist Grump, Inc., had beginning retained earnings of $137,000. During the year, Florist Grump had net income of $63,000 and declared and paid dividends of $18,000. What will be shown for ending retained earnings on Florist Grump's year-end balance sheet? QUESTION 9 For the year ended December 31, Year 2 For the year ended December 31, Year 1 Revenues $ 7,500 $ 500 Expenses 1,500 Net Income December 31, Year 2 December 31, Year 1 Assets $ 16,500 $ 1,000 500 Liabilities Stock 300 300 Retained Earnings 1.$ 200 Assume Year1 is the company's first year of business and there were $100 dividends in Year 1 and $100 dividends in Year 2. After determining the missing amounts ($ Earnings 1.$ in the above…arrow_forward: Investing are-delivery/ua/49002441/774597733/aHROcHM6Ly9mMi5hcHAuZWRtZW50dWOuY29tL2xlYXJuZXItdWkvc2Vjb25kYxJ5L3VzZXItYXNzaWdub... Unit Activity: Investing ietthe.corein answer in each box, If necessary, round the answers to the near en 5 of 7 One week from today, the stock is predicted to close at $ 65.73 One month from today, the stock is predicted to close at $ 66.33 One year from today, the stock is predicted to close at $ 76.58 Question 2 Do you think the model is a good predictor of the future closing price of the stock? Justify your response in three to four sentences. X ¿X ñ I 田 图=三 = 3 =:ヘマ^マ Characters used: 0 /15000 Exit session Larrow_forward
- NWP Assessment Builder UI App x w NWP Adaptive Assessment Playe X O WileyPLUS: Personal Finance, Enl x+ ôhttps://education.wiley.com/was/ui/v2/adaptive-assessment-player/index.html?launchld=D005b88a2-9bff-4b68-a4dd-b326ecc9384e#/ac.. actice [due Sat] 6.4 Mortgage Financing Jessica's mortgage payment, including principal, interest, taxes, and insurance, is $750 per month. She also has other monthly debt payments of $440. If her monthly gross income is $3,950. How would a bank assess Jessica's capacity to take on an additional credit card? O Asset ratio O Debt payment ratio O Debt ratio O Mortgage debt service ratio Save for Later Submit Answerarrow_forwardE Chapter 5 Homework - FINANCIA X O NWP Assessment Player UI Appli X b Answered: The accountant of Lati x M Inbox - dhyani11141999@gmail. X b My Questions | bartleby + i assessment.education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=1d52287e-dfd8-4d2a-80c9-4cbf51a01297#/question/5 E Chapter 5 Homework Question 6 of 6 > -/ 1 View Policies Current Attempt in Progress The comparative balance sheets of Constantine Cavamanlis Inc. at the beginning and the end of the year 2020 are as follows. CONSTANTINE CAVAMANLIS INC. BALANCE SHEETS Dec. 31, 2020 Jan. 1, 2020 Inc./Dec. Assets Cash $ 45,000 $ 13,000 $32,000 Inc. Accounts receivable 91,000 88,000 3,000 Inc. Equipment 39,000 22,000 17,000 Inc. Less: Accumulated Depreciation-Equipment 17,000 11,000 6,000 Inc. Total $158,000 $112,000 Liabilities and Stockholders' Equity, Accounts payable $ 20,000 $ 15,000 5,000 Inc. Common stock 100,000 80,000 20,000 Inc. Retained earnings 38,000 17,000 21,000 Inc. Total $158,000 $112,000 Net…arrow_forwardE Chapter 5 Homework - FINANCIA X O NWP Assessment Player UI Appli X b Answered: The accountant of Lati x M Inbox - dhyani11141999@gmail. X b My Questions | bartleby + i assessment.education.wiley.com/was/ui/v2/assessment-player/index.html?launchld3D1d52287e-dfd8-4d2a-80c9-4cbf51a01297#/question/0 E Chapter 5 Homework Question 1 of 6 > -/ 1 View Policies Current Attempt in Progress Koch Corporation's adjusted trial balance contained the following asset accounts at December 31, 2020: Cash $7,000, Land $40,000, Patents $12,500, Accounts Receivable $90,000, Prepaid Insurance $5,200, Inventory $30,000, Allowance for Doubtful Accounts $4,000, and Equity Investments (to be sold in the next quarter) $11,000. Prepare the current assets section of the balance sheet. (List Current Assets in order of liquidity.) КОСН СORPORATION Balance Sheet (Partial) 2$ 2$ 1:37 PM O Type here to search 9/24/2020 2 ..arrow_forward
- E Chapter 5 Homework - FINANCIA X O NWP Assessment Player UI Appli X b Answered: The accountant of Lati x M Inbox - dhyani11141999@gmail. X b My Questions | bartleby + i assessment.education.wiley.com/was/ui/v2/assessment-player/index.html?launchld3D1d52287e-dfd8-4d2a-80c9-4cbf51a01297#/question/4 E Chapter 5 Homework Question 5 of 6 > -/ 1 View Policies Current Attempt in Progress The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: 1. Operating activity-add to net income. 2. Operating activity-deduct from net income. 3. Investing activity. 4. Financing activity. 5. Reported as significant noncash activity The transactions are as follows. Transactions Classifications of Activities (a) Issuance of common stock. (b) Purchase of land and building. (c) Redemption of bonds. (d) Sale of equipment. (e) Depreciation of machinery. (f) Amortization of patent. 1:39 PM O Type…arrow_forwardSheffield Corp. uses the percentage-of-receivables basis to record bad debt expense and concludes that 3% of accounts receivable will become uncollectible. Accounts receivable are $430,800 at the end of the year, and the allowance for doubtful accounts has a credit balance of $2,864. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (b) If the allowance for doubtful accounts had a debit balance of $887 instead of a credit balance of $2,864, prepare the adjusting journal entry for bad debt expense.arrow_forward11:49 AM Fri 29 Apr AA [M] Question 8 - 13. Performance Ev... 13. Performance Evaluation an... 8 3.16 points Skipped eBook Print References Mc Graw Hill ezto.mheducation.com James Acrey at University of Ark... Saved Help Check my work You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.97. Year Fund Risk-Free Market -41.5% 2011 -21.8% 3% 2012 25.1 21.2 4 2013 14.1 14.5 2014 6.4 8.8 2015 -2.22 -5.2 What are the Sharpe and Treynor ratios for the fund? (Do not round intermediate calculations. Round your answers to 4 decimal places.) Sharpe ratio Treynor ratio Next < Prev 8 of 8 F243 45% + 88 # Ć B My Math Solver | bartleby Save & Exit Submitarrow_forward
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