The following transactions were completed by the company.

Which management function is also a financial responsibility? A. planning B. organizing C. staffing D. coordinating E. controlli

Luda [366]

Answer:

b staffing is the answer

5 0

3 years ago

The percentage change in the quantity demanded of film divided by the percentage change in the price of cameras indicates:

beks73 [17]

The percentage change in the quantity demanded of film divided by the percentage change in the price of cameras indicates:

The price elasticity of demand for film

7 0

3 years ago

Fitness Bands Corporation gathered the following information for Job #928: Standard Total Cost Actual Total Cost Direct materia

Eduardwww [97]

Question:

standard total cost Actual total cost

Direct material

Standard 2000 pints $3.50/pint $7,000

Actual 2,500 pints $5.00/pint $12,000

Answer:

Materials quantity variance= $1,750 unfavorable

Explanation:

Material quantity variance occurs when the actual quantity used to achieved a given level of output is more or less than the standard quantity.

It is determined by the difference between the actual and standard quantity of material for the actual level of output multiplied by the the standard price

pints

Standard quantity allowed 2,000

Actual quantity used 2,500

Quantity variance 500 unfavorable

Standard price $3.50

Materials quantity variance 1,750 unfavorable

Materials quantity variance= $1,750 unfavorable

8 0

3 years ago

The risk-free rate is 3.4 percent and the expected return on the market is 10.8 percent. Stock A has a beta of 1.18. For a given

otez555 [7]

Answer:

The systematic portion of the unexpected return is 1.180% and the unsystematic portion was 0.288%

Explanation:

E(R) = 0.034 + 1.18*(0.108 - 0.034) = 0.12132

R - E(R) = 0.136 - 0.12132 = 0.01468

RM - E(RM) = 0.118 - 0.108 = 0.01

[RM - E(RM)] * Beta = 0.01 * 1.18 = 0.0118 = 1.180%

[R - E(R)] - [RM - E(RM)] * Beta = 0.01468 * 0.0118 = 0.00288 = 0.288%

8 0

3 years ago

Hughes Co. is growing quickly. Dividends are expected to grow at a rate of 22 percent for the next three years, with the growth

Oksana_A [137]

Answer: $53.94

Explanation:

Current share price is the present value of the dividends for the next 3 years and the terminal value in year 3.

Terminal value = D₄ / ( required return - growth rate)

= (2.35 * 1.22³ * 1.05) / (12 % - 5%)

= $64

D₁ = 2.35 * 1.22 = $2.867

D₂ = 2.867 * 1.22 = $‭3.49774‬

D₃ = ‭3.49774‬ * 1.22 = $‭4.2672428‬

Share price = (2.867 / (1 + 12%)) + (‭3.49774‬ / 1.12²) + (‭4.2672428‬ / 1.12³) + (64/1.12³)

= $53.94

7 0

3 years ago