Since 1900, real GDP in the United States has grown________

Tinker Company reported sales revenue of $500,000 and total expenses of $450,000 (including depreciation) for the year ended Dec

uranmaximum [27]

Answer:

Net Cash inflow from operating activities $67,000

Explanation:

The computation of the net cash flow from operating activities is shown below:

Net Income ($500,000 - $450,000) $50,000

Add: Depreciation $10,000

Add: Decrease in account receivable $5,000

Less: Increase in inventory ($4,000)

Add: Increase in account payable $6,000

Net Cash inflow from operating activities $67,000

4 0

3 years ago

Sally Smith, a supervisor at Kroger's, was recently evaluated by her subordinates. Their responses indicated that Sally uses The

Temka [501]

OPTIONS:

A) naturally like work.

B) will work toward goals they are committed to.

C) have little ambition.

D) have the potential to accomplish the organization's goals.

E) seek out and accept responsibility

Answer:

C) have little ambition.

Explanation:

The theory X consists of a set of assumptions that that a manager or leader has regarding their subordinates. This theory is one of the theories of management that was developed by a social Psychologist known as Douglas McGregor.

According to Theory X, as proposed by McGregor, it is assumed that people are naturally lazy, and unwilling to work. It also assumes that they have little ambition, and would try as much as possible to avoid work. This theory assumes also that motivation that is monetary is what majorly drives people to work.

<em>Sally, treating employees as if they have little ambition indicates she uses Theory X assumptions when dealing with employees.</em>

7 0

3 years ago

2. (double-weight) A European put option is ""in the money."" The price of the underlying security now rises. a. What happens to

sertanlavr [38]

Answer:

(A) premium on put option falls (B) premium on call option rises (C) premium on call changes more in absolute terms

Explanation:

An European put expires on a specific maturity date and can only be exercised on that date. A put option grants the right to sell an underlying security at an exercise price (X) on the exercise date, irrespective of the price the underlying security is trading at (S). On the other hand, a call option grants the right the buy an underlying security at the exercise price. The call or put option buyer will pay a Premium to the option writer to obtain this right. The amount charged as premium depends on how valuable the option is.

The value of a put option (P) = X-S (thus, the lower the price of the underlying security, the more valuable the put option is, vice versa)

The value of a call option (C) = S-X (thus, the higher the price of the underlying security, the more valuation the call option is, vice versa)

If the price of the underlying security rises,

(A) the put option will become less valuable, and its premium will fall

(B) the call option will become more valuable, and its premium will rise.

(C) the absolute size of the change in the call option will be larger than that of the put option. This is because the more the price of the underlying security increases, the more valuable the call option will become (as an example, if I have an option to buy an item at $10 and the current price of the item is $20, I can pay a positive value for that option. If the market price of the item increases to $50, I can pay even more for the option to buy the item at $10).

Whereas, the value of a put option will remain static once the price of the underlying rises beyond the exercise price. For instance, if I have the option to sell an item at $10 when the market price is $20, I just will not exercise the option. I will not change my decision if the market price rises to $50.

3 0

3 years ago

Gray is a 50% partner in Fabco Partnership. Gray's tax basis in Fabco on January 1, year 4, was $5,000. Fabco made no distributi

arsen [322]

Answer:

$21000

Explanation:

To determine Gray’s tax basis for a 50% interest in the Fabco Partnership, The interest is increased by the partner’s distributive share of all partnership items of income and decreased by the partner’s distributive share of all loss and deduction items.

Gray’s beginning basis = $5,000

Gray’s 50% distributive share of ordinary income = 50% × $20000 = $10000

Gray’s 50% tax-exempt income= 50% × $8000 = $4,000 and

portfolio income = 50% × $4000 = $2,000

Therefore, the ending basis of Gray’s Fabco partnership interest = $5000 + $10000 + $4000 + $2000 = $21000

6 0

3 years ago

The common stock of Jensen Shipping has an expected return of 16.2 percent. The return on the market is 11.2 percent, the inflat

tankabanditka [31]

Answer: 1.66

Explanation:

Based on the information given in the question, the beta of the stock will be calculated as follows:

Expected return = 16.2%

Market return = 11.2%

Inflation rate = 3.1%

Risk-free rate of return = 3.6%

We should note that:

Expected return = risk-free rate + Beta × (market rate- risk-free rate)

Therefore,

16.2% = 3.6% + Beta × (11.2% - 3.6%)

16.2% = 3.6% + Beta × 7.6%

16.2% - 3.6% = Beta × 7.6%

12.6% = Beta × 7.6%

Beta = 12.6% / 7.6%

Beta = 1.66

4 0

3 years ago

Since 1900, real GDP in the United States has grown_________.