Which of the following is a way to make your mission statement the best it can be?

In 1896, the first Green Jacket Golf Championship was held. The winner’s prize money was $160. In 2015, the winner’s check was $

Talja [164]

Answer:

r = 0.080528395 = 8.05%

Winner's Prize at 2044: $ 15,215,114.02

Explanation:

$Principal \: (1+ r)^{time} = Amount$

Principal 160

Amount 1,610,000

time: 2015 - 1896 = 119

$160 \: (1+ r)^{119} = 1,610,000\\ r = \sqrt[119]{1,610,000 / 160} -1$

r = 0.080528395

If the same rate for the winner's prize is being keep by 2044 the winner will get:

$Principal \: (1+ r)^{time} = Amount$

Principal 1,610,000.00

time 29.00 (2044 - 2015)

rate 0.08053

$1610000 \: (1+ 0.0805283946683808)^{29} = Amount$

Amount 15,215,114.02

3 0

3 years ago

Mary, a student at a community college in New York, is in the United States on a student visa that allows her to remain in the U

aliina [53]

Answer:

It will be difficult for Mary to compare the crime rates in a U.S. city with her hometown of London, England:

b. There are differences in the way crime is measured.

Explanation:

The option a is not correct as it is not true that England doesn't have any crime statistics that are available to civilians.
The option b is correct as the ways of measuring crimes are different for different regions or places.
The option c is not correct as there is no dictatorship in England.
The option d is not correct as it is not true that only solved cases are included in England's crime rates.

3 0

3 years ago

Assume that you hold a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. The total value of yo

diamong [38]

Answer:

hope this helps

Assume that you hold a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. You are in the process of buying 1,000 shares of Alpha Corp at $10 a share and adding it to your portfolio. Alpha has an expected return of 21.5% and a beta of 1.70. The total value of your current portfolio is $90,000. What will the expected return and beta on the portfolio be after the purchase of the Alpha stock? Do not round your intermediate calculations.

Old portfolio return

11.0%

Old portfolio beta

1.20

New stock return

21.5%

New stock beta

1.70

% of portfolio in new stock = $ in New / ($ in old + $ in new) = $10,000/$100,000=

10%

New expected portfolio return = rp = 0.1 × 21.5% + 0.9 × 11% =

12.05%

New expected portfolio beta = bp = 0.1 × 1.70 + 0.9 × 1.20 =

1.25

Explanation:

7 0

2 years ago

stiv31 [10]

Answer:

a) Determination of the amount of the amortization, depletion, or impairment for the current year for each item:

Item Impairment Amortization Depletion

Expense Expense Expense

a. Timber rights $304,000

b. Goodwill $ 1,110,000

c. Patent $456,000

b) Adjusting Journal Entries:

Date Account Titles Debit Credit

Dec. 31 Depletion Expense -Timber rights $304,000

Accumulated Depreciation - Timber rights $304,000

To record the depletion expense for Timber rights.

Dec. 31 Goodwill Impairment Loss $1,110,000

Accumulated Goodwill Impairment $1,110,000

To record the impairment loss for Goodwill

Dec. 31 Amortization Expense - Patent $456,000

Accumulated Amortization - Patent $456,000

To record the amortization expense for Patent.

Explanation:

a) Data and Calculations:

February 22, Purchase of Timber rights $1,140,000

Estimated stand of timber = 6,000,000

Used board feet of timber = 1,600,000

Units of product Depletion

= $1,140,000/6,000,000 * 1,600,000

= $304,000

December 31, Goodwill impairment

= $1,110,000

April 3 Patent:

Cost incurred $9,120,000

Amortization per annum = $608,000 ($9,120,000/15)

Amortization for the current year = $456,000 ($608,000 * 3/4)

8 0

3 years ago

A local university has a student population that is 55% male. 60% of students are undergraduates. 38% are both male and undergra

Mandarinka [93]

The probability that a randomly selected student is female and an undergraduate = 37%

The probability of being female or an undergraduate= 1.05

<h3>The male students</h3>

The male population = 55%

Therefore female population would be 1 - 0.55 = 45%

<u>Undergraduates</u> = 60%

The male undergraduate = 38%

Therefore female undergraduates = 60%-38%

= 22%

a. The probability that a randomly selected student is an undergraduate and female

= $\frac{0.22}{0.60}$

= 37%

B. The probability that the student is female or undergraduate

P(A or B)

= Probability of female = 45/100

Probability of undergraduate = 60/100

= 0.45 + 0.60

= 1.05