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Nastasia [14]
3 years ago
15

A state constructs an office building. The construction is financed with: (1) a transfer of $1 million from the General Fund; (2

) a grant of $2 million from the federal government; (3) bond proceeds of $7 million; and (4) earnings of $100,000 from temporary investment of bond proceeds. All transactions occur in one year. How much should be reported as Other financing sources in the Capital Projects Fund?
Business
1 answer:
Zolol [24]3 years ago
4 0

Answer:

$8 million

Explanation:

There are total 4 sources involved.

But the government grants are reduced from the cost of the the project. It is not recorded as other financing sources.

Also the earnings from bond proceeds shall not be considered for the other financing sources, as that is mere use of income.

Use of general fund in these capital projects will account for such other financing sources.

Cash received from issue of bonds for this project will also account for such capital fund.

Thus, total other financing sources = $1 million + $7 million = $8 million

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Suppose you invest $20,000 by purchasing 200 shares of Abbott Labs (ABT) at $50 per share, 200 shares of Lowes Companies, Inc. (
nikitadnepr [17]

Answer:

Portfolio return = 0.035 or 3.5%

Explanation:

The portfolio return is a function of the weighted average of individual stocks' returns that form up the portfolio. The formula to calculate the portfolio return is as follows,

Portfolio return = wA * rA  +  wB * rB  +  ...  +  wN * rN

Where,

  • w represents the weight of each stock in the portfolio
  • r represents the return of each stock

First we need to calculate the investment of each stock,

Abbott = 200 * 50 = $10000

Lowes = 200 * 30 = $6000

Ball = 100 * 40 = $4000

Portfolio return = (10000 / 20000) * -0.10  +  (6000/20000) * 0.20  +  

(4000/20000) * 0.125

Portfolio return = 0.035 or 3.5%

4 0
3 years ago
In your progress report, you want the Work Completed section to follow your Summary of Costs. To
iren [92.7K]

Answer:

The best way would be over email is the best way to get your report to ...

Explanation:

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4 0
3 years ago
Panco, a U.S. entity, has a subsidiary, Sanco, located in a foreign country. Sanco's operations are concentrated in the country
Arte-miy333 [17]

$15,600 is the amount (in 000) of Sanco's sales in U.S. dollars

Explanation and Solution :

Because translations can be used to translate the financial results of Sanco presented in FCUs to U.S. dollars, transactions will be translated using the rate of exchange in effect at the time of each transaction or the weighted average exchange rate for the year.

In this scenario, the weighted average exchange rate for the duration shall be given as

1 FCU = $1,300.

The right dollar sum of revenue to Sanco will then be

12,000 FCUs x $1,300 = $15,600.

8 0
3 years ago
Which of the following stocks is less risky? Stock Average Return Standard Deviation Coefficient of Variation X 10% 40% 4 Y 20%
Lesechka [4]

Answer:

Stock X has a CV of 4 while Stock Y has a CV of 2. As stock Y has a lower CV than Stock X, it is less riskier.

Explanation:

The coefficient of variation is a statistical model which is also used to determine the volatility per unit of a factor. In terms of a stock, the coefficient of variation calculates the volatility of its return. It is calculated by dividing the stock's standard deviation, which is a measure of risk, by the stock's mean return or expected return.

CV = SD / r

Where,

  • CV is coefficient of variation
  • SD is standard deviation
  • r is expected return

The CV of a stock tells us the risk per unit of return. The higher the CV, the riskier the stock and vice versa.

Stock X has a CV of 4 while Stock Y has  a CV of 2. As stock Y has a lower CV than Stock X, it is less riskier.

5 0
3 years ago
A client with a peptic ulcer is diagnosed with Helicobacter pylori infection. The nurse is teaching the client about the medicat
salantis [7]

Answer:

It is the answer C. "The medications will kill the bacteria and stop the acid production."

Explanation:

It is important to know that the most commonly used therapy for peptic ulcers is a combination of antibiotics, proton-pump inhibitors, and bismuth salts that suppress or eradicate H. This treatment to stop the acid recommend metronidazole, omeprazole and clarithromycin.

6 0
4 years ago
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