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3 years ago

3 types of AIDE that USA uses to alleviate poverty?

1 answer:

5 0

The three types are Pass Bill, More importance to Funding to foreign aid and work with other government and international organisations. The fist one pass bill, US government always take responsibility to pass bill to reduce global poverty. The second one concentrate on foreign funding is increased by getting more donors is used to develop the nations. The last one is work with others, supports collaborations and partnership is used to give more power to the US.

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The board of directors at Millco announces plans to build six new regional factories in the United States that will produce capi

Umnica [9.8K]

Answer:

The factories will increase economic growth because more jobs will be provided.

Explanation:

Given:

The board of directors at Millco announces plans to build six new regional factories in the United States that will produce capital and consumer goods for the entire western hemisphere.

To find: If economic growth increases or decrease.

Solution:

Economic growth will increase as more jobs will be provided which increases employment.

5 0

3 years ago

EA2.

motikmotik

Answer:

$40

Explanation:

Overhead per machine hour = Overhead ÷ 250,000 machine hours

= $750,000 ÷ 250,000

= $3

Cost of each unit:

= Direct material + Direct labor + Overhead

= $14 + $20 + (machine hours per unit × Overhead per machine hour)

= $14 + $20 + (2 × $3)

= $40

Therefore, the cost of each unit produced is $40.

7 0

4 years ago

National Orthopedics Co. issued 8% bonds, dated January 1, with a face amount of $550,000 on January 1, 2021. The bonds mature o

loris [4]

Answer:

1) the price of each bond:

PV of face value = $1,000 / 1.05⁸ = $676.84

PV of coupon payments = $40 x 6.4632 (PV annuity factor, 5%, 8 periods) = $258.53

market price per coupon = $935.37

2) journal entry to record issuance of the bonds:

January 1, 2021, bonds issued at a discount

Dr Cash 514,453.50

Dr Discount on bonds payable 35,546.50

Cr Bonds payable 550,000

3) I used an excel spreadsheet

4) June 30, 2021, first coupon payment

Dr Interest expense 25,722.68

Cr Cash 22,000

Cr Discount on bonds payable 3,722.68

5) December 31, 2024, last coupon payment

Dr Interest expense 27,236.45

Cr Cash 22,000

Cr Discount on bonds payable 5,236.45

December 31, 2024, bonds are redeemed

Dr Bonds payable 550,000

Cr Cash 550,000

Download pdf

4 0

3 years ago

A company has a $36 million portfolio with a beta of 1.2. The futures price for a contract on the S&P index is 900. Futures

Blizzard [7]

Answer:

Explanation:

Number of contracts required:

= (0-1.2)×36,000,000÷(900×$250)

= -192

Since negative value, short 192 contracts.

= (0.9 - 1.2)×36,000,000÷(900×$250)

= -48

Since negative value, short 48 contracts.

= (1.8 - 1.2)×36,000,000÷(900×$250)

= 96

Since positive value, long 48 contracts.

7 0

3 years ago

Sonny's BBQ Company recently issued $85 par value preferred stock that pays an annual dividend of $9. Analysts estimate that the

Bond [772]

Answer:

Intrinsic value=$73.77

Explanation:

The Dividend Valuation Model(DVM) is a technique used to value the worth of an asset.

According to this model, the value of an asset is the sum of the present values of the future cash flows would that arise from the asset discounted at the required rate of return.

Price = D/Kp

D- Dividend payable

Kp- cost of preferred stock

So will need to work out the cost of equity using CAPM

The capital asset pricing model (CAPM): relates the price of a share to the market risk or systematic risk. The systematic risk is that which affects all the all the economic agents, e.g inflation, interest rate e.t.c

This model is considered superior to DVM. Hence, we will use the CAPM

Using the CAPM , the expected return on a asset is given as follows:

E(r)= Rf +β(Rm-Rf)

E(r) =? , Rf- 2.4%, Rm- 12.1% β- 1.01

E(r) = 2.4% + 1.23×(12.1- 2.4)% = 12.20 %

Cost of preferred stock= 12.20 %

Using the dividend valuation model

Intrinsic value = 9/0.1220=73.77

Intrinsic value=$73.77

5 0

3 years ago