Q: Which of the following statements describing the elements of intrinsic valuation is most accurate?…
A: Intrinsic value of any project or any assets is how value being added by asset to value of investors…
Q: Islamic banking
A: Islamic banking is a system of banking in accordance with the rules of the Shariat. There is no…
Q: Dr. Magneto is evaluating whether to open a private MRI clinic in leased office space in a local…
A: After tax salvage value of machine After tax salvage value of machine is calculated as shown below.…
Q: Corporation has decided to borrow from Jeju Bank at 10% interest per annum to raise KRW600,000…
A: The effective interest is the interest rate after considering the impact of compounding on the money…
Q: Your firm is selling 6 million shares in an IPO. You are targeting an offer price of $19.13 per…
A: Initial public offer (IPO) refers to the method or process used by the private companies to sell or…
Q: National Business Machine Company (NBM) has $4.2 million of extra cash after taxes have been paid.…
A: Here, After-tax cash flows = 4,200,000 Time period of dividend = 3 years Treasury Bill yield = 2%…
Q: Task Lagenda Restaurant is a popular traditional Malay cuisine restaurant. Its owner has prepared…
A: Sales 85,000 Less: Cost of Sales (32,000) Less: Variable Cost (20,000) Contribution $33000…
Q: Camden Limited is company which specializes in the manufacture of large scale replacement parts for…
A: Investment R 4,00,00,000.00 Net CashFlow R 1,60,00,000.00 Salvage…
Q: Mini Case Lewis Securities Inc. has decided to acquire a new market data and quotation system for…
A: Note: This post has several sub-questions. The first three have been answered below.
Q: What key factors must be considered when determining external financing requirements?
A: External financing in the capital structuring is defined as the funds, where the firms used to…
Q: A. Use the high-low method to estimate: • The variable costs per unit produced 1-- . The total fixed…
A: High- Low Method Variable Cost per unit = (Highest Activity Cost - Lowest Activity Cost)/(Highest…
Q: Why is it vital for banks to diversify worldwide.
A: Diversify is a term used to describe a technique which reduces risk by allocating investments across…
Q: Corso Inc. wants to raise $10 million by issuing 15-year zero coupon bonds with a face value of…
A: Amount to raise is $10 million Time period is 15 years Type of bond is zero coupon bond par value is…
Q: Simple Corp. has one bond issue oustanding, with a maturity of 10.5 years, a coupon rate of 3.6% and…
A: Here, Maturity = 10.5 years Coupon rate = 3.6% Yield to maturity = 5.4% Average tax rate = 18%…
Q: On January 20, Whalen Inc. sold 10 million shares of stock in an SEO. The market price of Whalen at…
A: Given: Particulars No. shares sold 10 Primary shares 4 Venture capital 6 Underwriting…
Q: According to the capital asset pricing model, assets with Lower; lower; unsystematic Higher; higher,…
A: Solution:- Capital Asset Pricing Model (CAPM) is the equity model to determine the required rate of…
Q: A3) Finance Ahmad deposits $1,200 in her bank today. If the bank pays 4 percent simple interest, how…
A: Compounded Interest is that under which we will received the interest on principal as well as…
Q: Find the exact interest with the approximate time a 253,000.00 loan at 18%p.a. made on June 3, 2015,…
A: (Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Question 26 From our discussion of interest rate frameworks, we can guess that the demand for…
A:
Q: Mr. Kevin Dates is the owner of an expanding business operating in bakery industry located in…
A: Mutually exclusive investments means that the investments cannot co-exist. If one investment is…
Q: A $3,000,000,000 bond with coupon j2 = 15% maturing in 12 years can be redeemed after 4 years at 108…
A: The price of a bond: The maximum price that can be paid to get a minimum return is the total present…
Q: Question 2 of 3 Fill in the blanks: The owner's plan was to generate Php9M per year in sales by…
A: NPV the net present value is the difference between the present value of cash flow and initial…
Q: A $1,000.00, 8.0% Semi-Annual Bond matures on October 1, 2036. The Bond may be called at 102.5 on…
A: Given, The face value of bond is $1000 The coupon rate is 8%
Q: Kraft Heinz stock sells for $40.95 per share. It has 1.22 billion shares outstanding. It has bonds…
A: Weighted average cost of capital is that cost which was borne by the company for using the funds…
Q: Compute each investment’s Internal Rate of Return (IRR). v. Which investment should Mr. Dates…
A: Here, To Find: Part 1. Internal Rate of Return (IRR) =?Part 2. Decision to accept and why =? Part…
Q: Using the law of 69.3 calculate to the nearest 0.1 yr the time it will take your original investment…
A: Law of 69.3 is the empirical method to calculate the period required to double the money based on…
Q: Calculate the implied volatility on a security given the following information: a call option on the…
A: Stock Price S…
Q: Description 4. Using the data for Clorox Company (NYSE: CLX), presented below: Fiscal Year Sales…
A: Annual growth rate It is calculated as shown below. Annual growth rate=Current year valuePreviuos…
Q: After a trip to Bordeaux, France, you are considering opening a restaurant based on Restaurant…
A: NPV is a techniques under capital budgeting which help in decision making on the basis of future…
Q: A $4 million investment today, in a project to last 10 years, is believed to result in the…
A: NPV is the technique under capital budgeting which help in decision making on the basis of future…
Q: 3M has famously increased its dividend for 63 straight years. Let’s assume you think this will…
A: An approach is referred as the approach, which used to assume that the dividend growth at the…
Q: Which of the following is NOT the main function of Bank Negara Malaysia (BNM)? Select one: It…
A: The Bank Negara Malaysia is central Bank of Malaysia and it is acting as a banker to Malaysian…
Q: .Intrinsic valuation and relative valuation
A: Preference shares refer to the shares that enable the shareholders for receiving dividend that is…
Q: Macquarie and the UK Government have agreed a valuation of £1bn on the Green Investment Bank’s…
A: Here, Tax Rate is 20% Increase in required Return is 2%
Q: B
A: The benefit-cost ratio refers to the ratio which reflects the relationship between the cost and…
Q: Suppose a European put has a strike price of $50 on July 5. The put expires in 30 days. Suppose the…
A: A Put Option: A put option gives its holder the right, but not the obligation to sell the underlying…
Q: erpetuity is a type of annuity which has infinite period of payments. The present value of a…
A: Present Value: It represents the present worth of future cash flows. Thus, it is calculated by…
Q: What is the function of Deposit Insurance Corporation? Select one: It does not give guarantee…
A: Deposit insurance corporation is for safety of deposits and for the safety of banks and financial…
Q: this annuity every month, how much is in the account after 8 years? How much of this is interest?…
A: Future Value of Annuity: It refers to the future worth of the annuity cash flows made at the end of…
Q: QUESTION) Calculate the Accounting Rate of Return (on average investment) of Project B (expressed to…
A: Accounting rate of return is a ratio in capital budgeting that does not take into account the time…
Q: Required return 8.50 percent ________ 1. What is the net present value of the…
A: Net present value is the difference between the present value of cash flow and initial investment.…
Q: You are considering the purchase of a new machine for a project. Details of this potential purchase…
A: Cash flow statement considers only cash dealt items.
Q: 38 Which of the following is NOT the agency under Ministry of Finance (MOF)? Select one: Inland…
A: Federal agencies under the Ministry of Finance (MOF), Malaysia include Inland Revenue Board of…
Q: According to our authors, define and explain “expense.” Provide examples.
A: An expense is referred to as the cost of operations that is incurred by a business to generate…
Q: State Dep Rec Prob 0.1 0.3 Return 0.04 0.18
A: The expected return is the weighted probabilistic rate of return that is realized on stock…
Q: Finance In a bull put spread strategy, if I long September 1150 OKLI put with premium 25 points and…
A: The individual has adopted a bull put strategy. He has gone long with put option with lower strike…
Q: partial payment is made on the date indicated. Use the United States rule to deter the note at the…
A: As per the given information: Principal - $7,000 Rate of interest - 3% Effective date - July 15…
Q: What is the relation of Net Trade Credit and ROA if they have has scored -5.063 in unstandardized…
A: Trade credit is defined as the commercial financial, where the customer is actually allowed to make…
Q: Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds…
A: Here, To Find: After-tax cost of the company's debt =?
Q: 1. Investment in Sunrise Company is P 100,000 at the end of 5 years plus P 24,000 annually for 4…
A: Time value of money (TVM) refers to the method or technique which is used to measure the amount of…
Step by step
Solved in 2 steps
- Maria Cohen is employed as a salesperson in the mens department of Lees Fashions. In addition to her weekly base salary of 400 (35-hour week), Cohen is paid a commission of 1% on her total net sales for the week (total gross sales less any customer returns). During the past week, to promote the sale of its fine cashmere sweaters, Lees agreed to pay Cohen an additional PM (push money) of 3% of the total net sales of cashmere sweaters. Cohens weekly sales tally is given below. Compute Cohens total weekly earnings, showing her (a) weekly base salary, (b) commission, (c) PM, and (d) total weekly earnings.Peggy Nolan earns 20 per hour for up to 300 units of production per day. If she produces more than 300 units per day, she will receive an additional piece rate of .5333 per unit. Assume that her hours worked and pieces finished for the week just ended were as follows: a. Determine Nolans earnings for each day and for the week. (Round piece-rate computations to the nearest whole dollar.) b. Prepare the journal entry to distribute the payroll, assuming that any make-up guarantees are charged to Factory Overhead.Bruce Eaton is paid 10 cents per unit under the piece-rate system. During one week, Eaton worked 46 hours and produced 5,520 units. Compute the following: 1. The piecework earnings ________ 2. The regular hourly rate ________ 3. The overtime hourly rate ________ 4. The overtime earnings ________ 5. The total earnings ________
- Calculate an employees total earnings if the company pays time-and-a-half when Jill Smith works 41 hours at 15 per hour. a. 600.00 b. 615.00 c. 622.50 d. 635.00 e. None of the aboveCalculate the earnings of G. Henry using the straight piecework incentive scheme from theinformation provided below.INFORMATIONG. Henry is employed by Royal Manufacturers and is paid R250 per hour. His normal working day is 9 hours. Thestandard time to produce a product is 5 minutes. If G. Henry produces more than his quota, he receives 1½ timesthe hourly rate on the additional output. G. Henry produced 132 units for the day.1) Calculate Mary’s earnings for 31 October 2023 using the straight piecework wage incentive scheme. Information Mary is employed by Menton Manufacturers to sew dresses. The standard time to sew one dress is 40 minutes. She is paid R120 per hour and the normal working time is 8 hours per day. If she sews more than her quota, she receives 1.5 times the hourly rate on the additional output. On 31 October 2023 she sewed 18 dresses. _________________________________________________________________________________ 2) Calculate the net salary of H. Gordon for December. H. Gordon’s basic annual salary is R240 000. He receives an annual bonus of 80% of his basic monthly salary, payable in December each year. His pension deduction is 8% of the basic salary and income tax is levied at 20% on his taxable income. _________________________________________________________________________________ 3) Calculate the economic order quantity for the year. Suntan Limited produces a product which has a…
- One of the employees of Gokul Dairy, Vishnu Jagannath works for 38 hours in a week, and is paid on an 80 percent gain-sharing plan, where bonus earnings begin at standard. The base wage for the job Vishnu performs is $8.00 per hour, and the standard is 62 units per hour. i) Calculate the weekly (40 hours) pay for Vishnu if he works at standard, and calculate the labour cost per unit for the company. ii) Calculate the weekly pay for Vishnu when he produces 2750 units in the 40 hours.1.1 Calculate the daily remuneration of W. Rooney using Taylor’s differential piecework system from the information provided.INFORMATIONThe following information relates to W. Rooney, an employee of Manchester Enterprises:1. W. Rooney’s standard workday is 9 hours. His standard production time is 55 units per hour.2. His normal wage rate is R73 per hour. He is remunerated in terms of Taylor’s differential piecework system wherebythe following premium applies:3. 80% of piecework rate if below standard4. 120% of piecework rate if standard or above standard5. W. Rooney’s production is 300 units per day.A worker is paid the day-work rate if she earns less than 100% incentive premium. The standard is 75 units per hour, and the operator completes 140 good parts in 1.4 hours. The wage rate is $25/hour. Find the piece rate. What are the earnings and labor efficiency?
- E3-3 Modified wage plan. Randy Wetzel earns $30 per hour for up to 500 units of production per day. If he produces more than 400 units per day, he will receive an additional piece rate of $0.55per unit. Assume that his hours worked, and pieces finished for the week just ended were as follows: Day Hours Worked Pieces Finished Monday 8 415 Tuesday 8 400 Wednesday 8 525 Thursday 8 300 Friday 8 440 a.Determine Wetzel’s earnings for each day and for the week. b.Prepare the journal entry to distribute the payroll, assuming that any make-up guarantees are charged to Factory Overhead. E3-6 Journal entries for payroll A partial summary of the payroll data for Long Inds. for each week of Juneis as follows: 7-Jun 14-Jun 21-Jun 28-Jun Gross earnings $35,550…The piecework rate in a factory is GH¢2 per unit and the minimum pay is GH¢42/day. A bonus of GH¢5 is paid in addition to the piecework rate if more than 30 units are made in a day. On Monday, Harry makes 20 units. On Tuesday to Friday he makes 21, 24, 32 and 27 respectively. The gross amount earned by Harry isA. GH¢210B. GH¢248C. GH¢253D. GH¢255Len-Len is a saleslady who has a monthly salary of ₱22,500. Her total sales for the month amount to ₱65,000. How much is her GROSS INCOME for the month: a) if each product costs ₱520 and he is paid ₱46 for each product he sold? b) if she is paid 8% of sales up to ₱50,000, 12% of the next ₱30,000.00 and 15% of sales beyond ₱80,000.00?
