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Pachacha [2.7K]

3 years ago

8

A state police force has set a height requirement of 5 feet 10 inches for all officers. this requirement is irrelevant to job ef

fectiveness but generally excludes hispanics, asians, and women from the force. such a requirement most clearly reflects

2 answers:

Marianna [84]3 years ago

7 0

The answer is pragmatism

PolarNik [594]3 years ago

3 0

The answer would be racism and sexism, I hope this helps!

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Fleet, Inc. manufactured 700 units of Product A, a new product, in 20Xl. Product Xs variable and fixed manufacturing costs per u

Ulleksa [173]

Answer:

The change in the dollar amount of inventory is $200 due to change in the inventory costing method.

Explanation:

The variable cost per unit is $6.00 while the fixed cost per unit is $2.00

Variable cost per unit = $6.00

Absorption cost pet units = $8.00

Total cost under absorption costing = Absorption cost per unit / number of units in ending inventory

Total absorption cost = $8.00 × 100 = $800

Total cost under variable cost = Variable cost per unit × number of units in ending inventory

Total variable cost = $6.00 × 100 = $600

Change in cost = Total absorption cost - Total variable cost

Change in cost = $800 - $600 = $200

3 0

3 years ago

Indicate the effect of each of the following transactions on total assets, total liabilities, and total stockholdersâ equity. Se

Scorpion4ik [409]

Answer:

Transaction Assets Liabilities Stockholders' Equity

Issue common stock Increase NE Increase

Issue preferred stock Increase NE Increase Purchase treasury stock Decrease NE Decrease

Sale of treasury stock Increase NE Increase Declare cash dividend NE Increase NE

Pay cash dividend Decrease Decrease NE

100% stock dividend NE NE NE

2-for-1 stock split NE NE NE

When shares are sold or issued, they increase the stockholders equity as people buy these shares. They also increase assets because cash comes into the company when the shares are sold. This is why the Issuing of preference and common stock as well as the sale of Treasury shares had the same effects.

When cash dividends are declared, they become a liability that is owed to equity holders.

When these dividends are then paid, they remove the liability but reduce assets as cash is used to pay the dividends.

100% stock dividend reduces retained earnings but increases equity so stockholders equity does not change.

8 0

3 years ago

Del is buying a $250,000 home. He has been approved for a 5.75% mortgage. He was required to make a 15% down payment and will be

alukav5142 [94]

Answer:

Del is expected to prepaid to pay $535.62 in prepaid interest at the closing.

Explanation:

The down payment of 15% is $250000*15%=$37500

The balance of mortgage net of down payment=$250000-$37500

=$212500

Interest yearly=$212500*5.75%=$12,218.75

A year interest divided by 365days give one day interest.

A day interest=$12218.75/365=$33.48

Total interest to pay at closing=16days*$33.48

=$535.62

The number of days was 16 because July has 31days and deal was closed on 15th,hence 31 minus 15 gives 16.

4 0

3 years ago

Stuart, a CFE, is investigating a possible management fraud. He found an email on an employee's computer to use as evidence in t

Black_prince [1.1K]

Answer:

<em>Documentary evidence </em>

Explanation:

<em>CFAs resolve fraud allegations by taking statements, obtaining evidences and writing reports, testifying crimes and by assisting in the detection and prevention of white collar crimes. </em>

Any evidence that can be used at a trial as documents are called documentary evidence, it generally means the wrings on paper such as a will, contract or invoice. Tape recordings, photographs printed documents, emails and spreadsheets can also be considered documentary evidence. Although authenticity of genuine evidence needs to be proved

If a document is produced for other purpose instead of the examination of the contents of the document it is not considered to be a documentary evidence.

e.g if a letter is produced during the trial to prove that the author of letter was shot by the defendant then it would be considered as documentary evidence but a film of the incident or a written description of this incident by an eye witness would be considered as documentary evidence.

5 0

3 years ago

5,000 7.5 percent coupon bonds outstanding, $1,000 par value, 19 years to maturity, selling for 105 percent of par; the bonds ma

vitfil [10]

Answer:

10.53%

Explanation:

WACC = wE*rE + wP*rP + wD*rD(1-tax)

<u>Market values;</u>

Debt = 1.05 *5,000*1000 = 5,250,000

Preferred stock = 15,500 *107 = 1,658,500

Common equity = 105,000 *63 = 6,615,000

Total market value = 13,523,500

wE = 6,615,000/ 13,523,500 = 0.4891

wP= 1,658,500/13,523,500 = 0.1226

wD = 5,250,000/13,523,500 = 0.3882

<u>Cost of capital;</u>

Cost of common equity, rE using CAPM;

rE = 0.06 + (1.13*0.09) = 0.1617

rE = 16.17%

Cost of preferred stock = 6%

Cost of debt

using a financial calculator, input the following; N= 38, PV = -1050, PMT = 37.5,

FV =1000, then CPT I/Y = 3.51% . So annual rate = 3.51% *2 = 7.02%

WACC = (0.4891*0.1617) +(0.1226* 0.06) + [0.3882 *0.0702(1-0.31)]

WACC = 0.0791 + 0.007356 + 0.0188

WACC = 0.1053 or 10.53%

4 0

3 years ago