Differentiate between the auditor and financial manager

A Disability Income policyowner suffers a disability which was due to the same cause as a previous disability. Both disabilities

Luba_88 [7]

Answer:

C) Recurrent Disability provision

Explanation:

The human body is a fantastic machine but sometimes when you have health problems they don't show up immediately.

For example you might get hit on the right side of your head severely and lose partial hearing from your right ear, but in a couple months you might notice that your short term memory has also been affected. Both disabilities were caused by the injury although one showed up before the other.

The insurance company has to provide the disability benefits without a new elimination period under the recurrent disability provision.

8 0

3 years ago

Stock J has a beta of 1.23 and an expected return of 13.25 percent, while Stock K has a beta of .84 and an expected return of 10

padilas [110]

Answer:

a. What is the portfolio weight of each stock?

Stock J 0,5047

Stock K 0,4953

b. What is the expected return of your portfolio?

Stock J 6,69%

Stock K 5,25%

Portfolio : 11,94%

Explanation:

To find the Beta that equals to market we need to know how much is x (weight of each stock in the portfolio) with an equation of one variable that equals to 1.

Portoflio with the same risk as the market means a beta of 1,00

1,23 (x) + 0,84 (1-x) = 1 Stock J = 0,4103

1,23x + 0,84 - 0,84x = 1 Stock K = 0,5897

1,23x - 0,84x = 0,16

0,39x = 0,16

x = 0,16/0,39

x = 0,4103

The expected return of the portfolio it's defined by the weight of each stock and the expected return.

Stock J 13,25% 0,5047 6,69%

Stock K 10,60% 0,4953 5,25%

Portfolio 1,00 11,94%

3 0

3 years ago

In the middle of the fourteenth century, an epidemic known as the Black Death killed a third of Europe’s population, about 34 mi

9966 [12]

Answer:

The black death epidemic resulted to death about 34 million European, left more job vacant. This was becuase many workers died while the jobs the were working on as at that time remained almost unchanged. The remained workers after the black death demanded for rise in wages, although the lords stood against the demand.

Explanation:

Although worker population decreased because of the plague, the amount of land and the tools did not change much. Some farm animals died when the people who took care of them died. Because the remaining workers had more tools and land to work, they became more productive, producing more goods and services. When workers are more productive, employers are willing to pay higher wages. The Statute of Laborers and similar laws in other countries were not very effective. Some lords avoided violating the statute by making “in kind” pay-ments—paying workers with food or other goods rather than wages—or providing other “fringe benefi ts.” Some lords began to pay illegally high wages. Wages increased because there were fewer workers—labor had become more scarce

8 0

3 years ago

Martha is a highly skilled employee at DistantTool Editorial. She specializes in web designing. Recently, she has been assigned

loris [4]

While working on the project, Martha is most likely to be bored and less creative than usual.

Specialisation is an economic theory that suggests a person carries out activities for which one has a comparative advantage in or is most efficient in. For example, Martha is skilled in web design, economic theory would suggest that she specialises in Web design.

Advantages of specialisation

The worker that carries out the same job function repeatedly becomes extremely skilled in the activity.
Work is carried out faster.

Disadvantages of specialisation

Work can become monotonous
Employees skills in other job functions declines.

If a person carries out the same rudimentary task repeatedly, it is likely that the individual would become bored. For example, if an engineer is employed to put marbles in a box. Soon he would become bored because the work he is doing is not mentally stimulating.

A similar question was answered here: brainly.com/question/14898213?referrer=searchResults

4 0

3 years ago

you are considering a project with an initial cash outlay of $80,000 and expected free cash flow of $20,000 at the end of each y

alexgriva [62]

Answer:

Payback period: 4 years

NPV: $87,105

PI: 1.089

IRR: 12.98% (rounded to 2 decimal places)

Explanation:

Payback period is the time taken to recover the initial capital outlay of an investment assuming no interruption of anticipated net cash flow or free cash flow. Computed by dividing initial investment by the anticipated cash flow per year. ($80, 000/$20, 000) = 4 years

Net Present Value (NPV) e is used to analyse the profitability of an investment by discounting future anticipated cash flows. The formula for computing NPV is: [(Cash flows)/(1+r)i] where cash flows is the anticipated cash flow each year,, r is the discount rate, in this case, required rate of return and the i indicated the time period. The NPV is calculated as: [(20,000/(1.1) +20,000/(1.1)^1 +20,000/(1.1)^2 +20,000/(1.1)^3 +20,000/(1.1)^4 +20,000/(1.1)^5 + 20,000/(1.1)^6] = $87, 105

Profitability Index is used to quantify the amount of value created per unit of investment. It is computed as: Net Present Value/ Initial Investment , that is, $87105/$80,000 = 1.089. This means that for every dollar invested, the project generates value of $1.089

Internal Rate of Return (IRR) makes the present value of the project equal to zero. The higher the IRR , the more profitable the project. In this case, the most accurate way this value can be computed is by using a calculator and computing the IRR. N (time period) = 6 , PV(present value of initial investment) = -80, 000, PMT (cashflows per year) = 20,000 Comp I/Y (rate of return) = 12.978%

The variables computed above indicate that undertaking this project would be profitable for the company.

7 0

3 years ago

Differentiate between the auditor and financial manager​

Differentiate between the auditor and financial manager