Enrique accesses Finance Bank's computer system without authority to obtain protected financial data. Under federal law, this is Select one: a. a felony if it was done for a commercial purpose. b. a felony if the bank brings a civil suit against Enrique. c. not a crime. d. a crime but not a felony.
Q: Clark and Lana take a 30-year home mortgage of $127,000 at 7.9%, compounded monthly. They make their…
A: “Hi There, thanks for posting the question. But as per Q&A guidelines, we must answer the first…
Q: An investor is asked to invest in a project as follows Invest RS 000 now, at year 1, invest a…
A: IRR is the rate at which Present Value of cash Inflows is equal to Present Value of cash Outflows .…
Q: This pr a complex inancial problem that requires several skills, pemaps some nom previous sections.…
A: Given, In this question is the information regarding Nolan's loan. College's 1st year $4,000…
Q: Everyone thought he was being foolish again when, 65 years ago, great-great-uncle Crazy Louie…
A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…
Q: 11. A 8% $1,000 par-value bond with quarterly coupons maturing in nine years is to be replaced by a…
A: Given, The face value of original bond is $1000 and coupon rate is 8%
Q: Which of the following is a good choice for a manager interested in fostering the cooperation of two…
A: At times the managers of companies may have to seek cooperation between different departments of the…
Q: Od. 115,400
A: Variance refers to the measurement of volatility. It should be calculated by taking the average of…
Q: What are some features of the old FinTech and new FinTech
A: FinTech refers to financial technology. It is the use of technology and innovation in the field of…
Q: Why might the portfolio effect of a merger provide a higher valuation for the participating firms?
A: Portfolio is defined as the collection of the financial investment such as - commodities, stock,…
Q: how does asx impacts liquidity of new zealand equity marke
A: ASX is the Australian Securities Exchange. ASX is essentially an Australian public company and it…
Q: what is the expected return of the portfolio? (Format: 1.11%)
A: Expected Return on Portfolio: It is estimated by the sum of individual security returns which is…
Q: Orchid Biotech Company is evaluating several different development projects for experimental drugs.…
A: Here we will need to apply the concept of capital budgeting. Particularly we will have to apply and…
Q: what will be the new loan maturity (IN YEARS) assuming that loan payments are not reduced?
A: Loan amortization refers to a schedule which is prepared to shows the periodic loan payments, amount…
Q: White Chocolate Co. has a current period cash flow of $1.2 million and pays no dividends. The…
A: Stock used to comprise all the shares into the ownership of the company and are divided in finance.…
Q: Calculate the company’s w.a.c.c.
A: Weighted average cost of capital (WACC) refers to the joint cost of company's capital from all the…
Q: Determine the weights of a portfolio with a standard deviation of 7% created by combining T-Bill and…
A: Expected Return on Portfolio: It is estimated by adding the individual security returns that are…
Q: A.) Calculate the coefficient of variation for Project A (Format: 1.1111) B.) Calculate the…
A: Solution:- Coefficient of Variation (CV) measures that how much times is the risk in comparison to…
Q: Which of the following events would cause a company's cost of retained earnings to increase? Group…
A: When profit increases and divided is reduced, it leads to increase in retained earnings.
Q: Mariano deposited P5,000 today in an account that pays 8% compounded semi-annually. Two years…
A: Amount at the end of n periods at i% rate of interest can be calculated as: = Principal * (1+i)^n
Q: When you sell a 1-month straddle on ABC stock at a volatility of 30% and actual (realized)…
A: Stock volatility can be defined as the rate which influences the price of stock in such a way that…
Q: True or False? Retained Earnings represents the amount that stockholders have invested in the…
A: Another name for balance sheet is statement of financial position. It lists all the balances of a…
Q: ries of 6 year-end payments of $400,000. If Simes has a cost of capital of 9%, which form of payment…
A: Present value of money today of the future payments should be more than cash amount today to justify…
Q: Why does the Government bond market play a central role in New Zealand’s capital markets? What are…
A: A government bond is issued by the government to raise funds. It supports and meets the government…
Q: QUESTION 12 Members of the Federal Reserve System may include: commercial banks with a national…
A: The Federal Reserve System (FRS) is the central bank of the US. It controls all the financial…
Q: Calculate the tax rate if the tax amount is $ 64.50 on a purchase of $780?
A: Tax amount = $64.50 Purchase = $780
Q: Briefly discuss the performance and criticism of the following International financial institutions:…
A: A financial institution is a business that engages in a range of monetary operations such as cash…
Q: Harvey LLC’s capital structure consists of a 25-year bond issued 5 years ago with a coupon of 6% and…
A: WACC is the average cost of capital calculated by multiplying the weight with cost of funds. WACC…
Q: a. What is the market value of its equity? b. What is the market value of its debt? c. What…
A: Weighted average cost of capital (WACC) refers to the joint cost of company's capital from all the…
Q: (a) Find their regular monthly payment. (Round your answer to the nearest cent.) $125000 X (b) Find…
A: Mortgage amortization refers to a schedule which is prepared to shows the periodic loan payments,…
Q: Exercises 121 O and 122 D: For the given annual interest rate estimate the time for P dollars to…
A: We need to use NPER function in excel to calculate time The formula is =NPER(RATE,PMT,-PV,FV)
Q: Scenario 2: Bremily Firewood Company is expanding their operations. The company has an expansion…
A: NPV means PV of net benefits arises from the project during the project life. It is computed by…
Q: A. Payback. The company requires all projects to payback within 3 years. Calculate the payback…
A: Payback period = Year of last negative cash flow + (Absolute value of last negative cash flow/Next…
Q: A Credit Suisse First Boston financial analyst is evaluating Relant home furnishings by using FCF…
A: Calculation of Sales after growth of 25%: Particulars 2016 2017 2018 2019 2020 2021 Sales…
Q: a. Calculate the yield to maturity for a bond with a maturity of (i) one year; (ii) two years; (iii)…
A: YTM (Yield To Maturity): It is the total expected rate of return for a bondholder when all the…
Q: 76. If 60% financing is available on a certain income property at a loan constant of 11%, what…
A:
Q: 8. Your firm is planning to invest in an automated packaging plant. Harburtin Industries is an…
A: Equity beta (b) = 0.85 Risk free rate (Rf) = 0.037 Market risk premium (Mp) = 0.046 Cost of capital…
Q: You are trying to save for retirement and want to have $500,000 (fv) when you turn 65 years old…
A: In order to find the periodic payment to be made at regular interval to reach the retirement goal,…
Q: As part of your analysis, you are required to investigate DEVCON Industries' cash flows and selected…
A: Ratio analysis is the method of checking the company's operational efficiency, liquidity, and…
Q: How do the costs of doing business affect prices?
A: The cost of producing a product or service that a company sells is usually referred to as the cost.…
Q: Compute: 1. The minimum required return by Cts Ltd's debtholders 2. The minimum required return by…
A: Minimum Required Return: It is the minimum return expected by the investor for investing in the…
Q: Calculate the accrued interest (in $) and the total proceeds (in $) of the bond sale. (Round your…
A: Accrued interest is one of the features of accrual accounting which follows revenue recognition and…
Q: What is the Call plus Bond Option strategy?
A: Call option and bond It is a financial instrument that gives its holder the right to buy the…
Q: Since 2007, a particular fund returned 13.2% compounded monthly. How much would a $6000 investment…
A: The future value of an investment is the value of an initial deposit after a certain period of time.…
Q: Joe Levi bought a home in Arlington, Texas, for $128,000. He put down 30% and obtained a mortgage…
A: A mortgage is a loan on a property in which the property itself is used as collateral.
Q: 13. Find the amount and present value of an annuity of P540 payable every end of the month at 7%…
A: An annuity is a payment plan where for a lump sum paid now, we get future periodic payments. It is…
Q: What is the nominal rate of return on an Ayala Inc.. bond if the real rate of interest is 3 percent,…
A: Nominal rate of return is calculated by adding the real rate of interest, inflation risk premium,…
Q: On January 1, 2019, Alex deposited $2,000 into a savings account that pays interest of 10 percent,…
A: Deposit amount (P) = $2,000 Interest rate (r) = 10% Period (t) = 3 Years
Q: What does the inventory turnover ratio mean?
A: Inventory turnover ratio gives the days required for the company from the date of its purchase to…
Q: An investor is asked to invest in a project as follows: Invest RS 000 now, at year 1, invest a…
A: Year Particular Amount 0 Investment 5000 1 Investment 1000 2 Return 2000 4 Investment 3000…
Q: controlling translation exposure?
A: Translation exposure refers to the change in the value of assets and liabilities which is affected…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- A drawer, knowing that he has insufficient credit in the bank, issues a check, which was eventually dishonored by the drawee bank. The drawer may be held liable for: a. Violation of Bouncing Checks Law b. Estafa c. Civilly liable d. All of the aboveDuring the interview of a suspect in an embezzlement case, several common themes are developed that make the offense seem morally acceptable to the suspect. Which of the following is NOT commonly used with embezzlers and other fraud offenders? A. “Borrowing” versus “stealing” B. “Did it for the family” C. “Not being paid enough” D. “Protesting an unjust law”During an internal investigation, Black, a Certified Fraud Examiner, interviewed Green, a fraud suspect. Although Green wanted to leave in the middle of the interview, Black blocked the exit and prevented him from leaving. Green subsequently confessed to committing fraud. If, under these facts, Green files a lawsuit for false imprisonment against Black, Black will likely: A. Win the case because the qualified business privilege protects investigators conducting internal investigations. B. Win the case because Green confessed to the fraud. C. Lose the case if a trier of fact concludes that he restrained Green without consent or legal justification. D. Lose the cans because Green did not leave the interview.
- Jim Block, CFE, is investigating Randy Smith for his role in a potential kickback scheme. Gathering evidence about Randy's financial activity has been difficult. While on a stakeout at Randy's home, Jim sees Randy's wife take out the garbage and place it on the curb. Jim takes the trash bag, sorts through its contents, and discovers multiple bank statements that provide details about some of Randy's illicit financial transactions. Is jim's acquirement of the bank statements legal even though there was no search warrant? Fully explain!If a person knowingly makes a FALSE statement concerning any fact or thing material to a claim that person is in violation of a. The New Jersey Fraudulent Claims Act b. The New Jersey Bureau of Fraud Deference Act c. The New Jersey Fraud Prevention Act d. The New Jersey Automobile insurance Fraud ActBlack is a Certified Fraud Examiner for the ABC Company. Green, an employee in the accounting department, steals $40,000 worth of merchandise from the store’s warehoused. If Green’s cas is eventually referred to the police by Black, they will probably charge Green with: A. Breach of contract. B. Breach of fiduciary duty. C. Embezzlement. D. Larceny.
- Green, a police officer, suspected that Brown was engaged in illegal racketeering activities. To obtain evidence of Brown’s illegal conduct, Green place a bug in Brown’s home without a warrant. Green may have violated which of Brown’s constitutional rights? A. Fourteenth Amendments rights. B. Fifth Amendments rights. C. Sixth Amendments rights. D. Fourth Amendments rights.1. Under the Statute of Frauds, the following contracts must be in writing, otherwise they cannot be enforced in court litigation except CHOICES: Sale of personal property at a price not more than P300.00 Sale of real property regardless of the price involved Sale of property not to be performed within a year from the date thereof regardless of the nature of the property and price involved Answer not givenWhich of the following items is not true about fraud?a. It can cause injury or damage to another party.b. It is an intentional misrepresentation of facts.c. Its damages must exceed a threshold of $150,000.d. It is designed to persuade another party to act in a way that causes injury or damage tothat party.
- Which action is not considered an act discreditable to the accounting profession? a) Being finally determined by a court of competent jurisdiction to have violated any of the federal antidiscrimination laws. b) Having a bank collect notes received from a client in payment of fees. c) Failing to follow standards and procedures established by governmental agencies in audits of grants by those agencies. d) Negligently permitting another to sign a document containing materially false and misleading information.The following is punishable under BP Blg. 22: (I) Any person who makes or draws and issued any check to apply on account or for value, knowing at the time of issue that he does not have sufficient funds in or credit with the drawee bank for the payment of such check in full upon its presentment, which check is subsequently dishonored by the drawee bank for insufficiency of funds or credit or would have been dishonored for the same reason had not the drawer, without any valid reason, ordered the bank to stop payment. (II) Any person who, having sufficient funds in or credit with the drawee bank when he makes or draws and issues a check, shall fail to keep sufficient funds or to maintain a credit to cover the full amount of the check if presented within a period of ninety (90) days from the date appearing thereon, for which reason it is dishonored by the drawee bank. Both are true Both are false Only I is true Only II is trueAllison Everhart, an employee in accounts payable, believes she can run a fictitious invoice through the accounts payable system and collect the money. She knows payments are subject to an audit. Which account would be the best place to hide the fraud?a. Inventory.b. Wage expense.c. Consulting service expense.d. Property tax expense.