Answer:
Option (C) is correct.
Explanation:
The required proceeds:
= Amount need to be finance ÷ (1 - 7%)
= $20 million ÷ (1 - 0.07)
= $215,05,376.34 (approx)
Hence, the number of shares needed to be issued:
= required proceeds ÷ Issue price per share
= $215,05,376.34 ÷ $50 per share
= 430,108 shares (approx)
Therefore, 430,108 shares they need to issue to cover the cost of the project plus all floatation costs.
Answer:
b.use the S-2 employee
Explanation:
Calculation for the the most cost-effective solution
S-1 S-2 S-3
Time for 1 unit (in minutes) 30 24 21
Units in 1 hour 2 2.5 2.857142857
(60/30= 2)
(60/24=2.5)
(60/21=2.857142857)
Wages per hour $ 16.00 $ 19.00 $ 22.00
Wages per/ unit $ 8.00 $7.60 7.70
($ 16.00/2=$8)
($ 19.00/2.5=$ 7.60)
($ 22.00/2.857142857=$ 7.70)
Ranking
S-1 $ 8.00 III
S-2. $7.60 I
S-3 7.70 II
Therefore based on the above Calculation the most cost-effective solution will be to use the S-2 employee
Answer:
B, Indirect incentive
Explanation:
An incentive is anything that motivates an individual to behave in a certain way. An incentive could range from money to many other things and it is the reason why an individual acts in a certain way.
For example, salary and bonuses are incentives for workers. This makes the worker work better and harder and more efficiently because he/she knows that there is something to encourage him for doing his/her work diligently.
Incentive can be direct or indirect as in the case of the above question.
In the case of the above question, a generous disability insurance can motivate workers to falsely claim to be disabled. This means that the financial implication of the insurance package for disability is most likely the only reason for workers to claim false disability.
Cheers.
Answer:
A. $1,517,648 thousand
Explanation:
The computation of the cost of goods sold using the FIFO method is shown below:
= Cost of goods sold under LIFO - (Ending LIFO reserves - Beginning LIFO reserves)
= $1,517,397 - ($4,345 - $4,094)
= $1,517,648
We simply applied the above formula so that the cost of goods sold using the FIFO method could come
All other information i.e given is not relevant. Hence, ignored it
Answer:
Average rate of return= 10.17
%
Geometric return = 9.23%
Explanation:
<em>Geometric average return</em>
This is compounded annual rate of return which is used to measure the performance of an asset over a certain number of years. It helps to measure the return generated by an investment taking into account the volatility .
Unlike the arithmetic average the geometric average gives an idea of the real rate taking into account of volatility
The formula below
Geometric Return =(1+r1) (1+r2) ...... (1+rn)^1/n
Geometric Average return =
(1.12× 1.19× 1.21× 0.88× 1.26× 0.95)^(1/6) - 1 =0.09233168
Geometric return =0.0923
× 100= 9.23%
Geometric return = 9.23%
Average rate of return
<em>The average return is the sum of the returns over the years dividend by the Numbers of returns</em>
Average return = sum of return / No of returns
(12% + 19% + 21% + (12%) + 26% + (5%))/6 =10.17
%
Average rate of return= 10.17
%
Geometric return = 9.23%
