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lutik1710 [3]
3 years ago
13

You have $10,000 to invest. You want to purchase shares of Alaska Air at $42.56, Best Buy at $51.42, and Ford Motor at $8.56. Ho

w many shares of each company should you purchase so that your portfolio consists of 20 percent Alaska Air, 30 percent Best Buy, and 50 percent Ford Motor?
Business
1 answer:
abruzzese [7]3 years ago
3 0

Answer:

Alaska  =   46.99 units

Best buy = 58.34 units

Ford Motor =  584.11 units

Explanation:

<em>To determine the unit of each class of stock to purchase, we wll multiply each of the percentages by the total fund to be arrive the proportion of fund to be invested in each class. </em>

<em>Further more, we will  divide the allocated amount by the share price  per unit</em>

Shares to be purchased to have the given proportion would be '

Alaska (20%)  =(20%× 10,000)/42.56=       46.99 units

Best buy (30%)   = (30% × 10,000)/ 51.42 = 58.34 units

Ford Motor (50%) = (50% × 10,000)/ 8.56 =  584.11 units

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the self employment tax on 92.35% of your net income as self employed by 15.3% = $193,800 x 92.35% = $178,974.30

Miranda will pay social security (OASDI) taxes for the first $137,700 = $137,700 x 6.2% x 2 = $17,074.80

Her Medicare taxes will be calculated using $178,974.30 x 1.45% x 2 = $5,190.25

total self employment taxes = $17,074.80 + $5,190.25 = $22,265.05

Miranda can deduct 50% of her self employment taxes from her AGI = $22,265 x 50% = $11,132.50 ≈ $11,133

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3 years ago
Neon Light Company of Kansas City ships lamps and lighting appliances throughout the country. Ms. Neon has determined that throu
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Answer:

a. Cash freed up by cash management:

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b. Interest on freed up cash:

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= $‭395,850‬

c.<u> No.</u> It is less than the income earned from interest from freed up cash so it should not be implemented as it brings no additional benefit.

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3 years ago
Back to Assignment
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Answer:

only 5 point.................

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2 years ago
Midlands Inc. had a bad year in 2016. For the first time in its history, it operated at a loss. The company’s income statement s
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Answer:

BEP 2016: $ 1,700,000

BEP 2017:

under proposition a)

contribution margin:

(2,310,000 * 1.25 - 924,000) / 2,310,000 * 1.25 = 1,500,000

under porposition b)

fixed cost decrease by: 197,000 - 40,000 = 157,000

contribution margin decrease by 5% to 55%

(1,020,000 - 157,000) / (0.6 - 0.05) = 1,569,090.90

under proposition c)

We distrubute the same cost but now 50% is fixed and 50% variable:

1,944,000 x 50% = 927,000

contribution margin:

2,310,000 - 927,000 = 1,383,000

ratio: 1,383,000 / 2,310,000 = 0.5987

BEP

927,000 / 0.5987 = 1,548,354.77

Explanation:

Break even point formula:

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

Where:

\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

Sales: 2,310,000

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Contribution: 2,310,000 - 924,000 = 1,386,000

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Lieutenant Columbo donned his raincoat and hopped into his 1959 Peugeot, hot on the trail of another condescending millionaire m
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Answer:

C) reliability quality scale.

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