What are some traditional banking benefits??

Data for March for Lazarus Corporation and its two major business segments, North and South, appear below: Sales revenues, North

JulijaS [17]

Answer:

Lazarus Corporation

A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:

= $47,000.

Explanation:

a) Data and Calculations:

North South Total

Sales revenues $380,000 $230,000 $610,000

Variable expenses 213,000 104,000 317,000

Contribution $167,000 $126,000 $293,000

Fixed expenses:

Traceable 65,000 25,000 90,000

Common 84,000 72,000 156,000

Total $149,000 $97,000 $246,000

Operating income $18,000 $29,000 $47,000

b) Segmented income statement is prepared to show the contributions and operating income generated from different segments of the entity. It helps to evaluate performances of segments and to identify profitable or less profitable segments.

7 0

2 years ago

Insider trading is when people buy or sell stocks based on

stiv31 [10]

Answer:

B

Explanation:

Insider trading when you trade with non public information (you are an insider) and it can be illegal.

Wiki

Insider trading is the trading of a public company's stock or other securities based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make.

8 0

3 years ago

Read 2 more answers

When preparing her monthly budget, marge kent has a total spending allowance of $4,600. each month she pays $1,200 in rent, $60

Naya [18.7K]

<span>The rent, cable bill, and auto loan are fixed expenses that add up to $1500. $1500 divided by the $4600 total that she has is .326 so Margie spends about 33% of her budget on these fixed expenses. That is about one third of her total budget going to fixed expenses.</span>

8 0

3 years ago

The debt has an interest rate of 8.50% (short term) and 10.50% (long term). The expected rate of return on the company's shares

viva [34]

Answer:

Re = 16.02%

Explanation:

current stock price 36 x 7,660,000 = 275,760,000

cost of equity = 17.5%

current short term debt = 141,600,000

cost of short term debt = 8.5%

current long term debt = 210,600,000

cost of long term debt = 10.5%

total financing = 627,960,000

equity = 275,760,000 / 627,960,000 = 0.4391
short term debt = 141,600,000 / 627,960,000 = 0.2255
long term debt = 210,600,000 / 627,960,000 = 0.3354

WACC = (0.4391 x 0.175) + (0.2255 x 0.085 x 0.75) + (0.3354 x 0.105 x 0.75) = 0.0768 + 0.0144 + 0.0264 = 0.1176 or 11.76%

under the new structure:

total financing = 627,960,000

equity = 325,760,000 / 627,960,000 = 0.5188
short term debt = 141,600,000 / 627,960,000 = 0.2255
long term debt = 160,600,000 / 627,960,000 = 0.2557

assuming WACC remains unchanged:

0.1176 = (0.5188 x Re) + (0.2255 x 0.085 x 0.75) + (0.2557 x 0.105 x 0.75) = (0.5188 x Re) + 0.0144 + 0.0201 = (0.5188 x Re) + 0.0345

0.5188 x Re = 0.1176 - 0.0345 = 0.0831

Re = 0.0831 / 0.5188 = 0.1602 or 16.02%

4 0

3 years ago

Walmart has developed a sophisticated inventory management and cost control system that allows rapid price changes for each prod

finlep [7]

Answer:

A. Radio Frequency Identification

Explanation:

The use of radio frequency identification is to ensure a timely identification of people or objects.

The technology uses radio waves to identify people or objects. There is a device that will be used to read information contained in a wireless device or tags from a distance without making physical contact or requiring a line of sight.

6 0

3 years ago