All categories

3 years ago

Which of the following statements is false? (5 points)

Business

1 answer:

zheka24 [161]3 years ago

6 0

The correct answer is

"A great deal often just happens by accident"

Great deals require searching and planning.

You might be interested in

PROBLEMThe PQ partnership has the following plan for the distribution of partnership net income (loss):P QSalaries $60,000 $100,

Yanka [14]

Answer:

1. P = $156,560; Q = $203,440

2. P = $90,320; Q = 149,680

3. P = -$43,500; Q = $3,500

Explanation:

The explanation is given in images for each situation:

3 0

3 years ago

Jacko Inc. hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: D0 =

Valentin [98]

Answer:

Jacko Inc Costo fo Capitak8.15%

Explanation:

From the gordon model for stock valuation

$\frac{divends}{return-growth} = Intrinsic \: Value$

<em><u>we clear and solve for cost of equity </u></em>

$\frac{divends}{Price} = return-growth$

$\frac{divends}{Price} + growth = return$

$$Cost of Equity =\frac{D_1}{P} +g$

D1 = D0(1+g)= 0.8 (1.08) = 0.0864

P 57.5

g 0.08

$$Cost of Equity =\frac{0.0864}{57.5} +0.08$

Ke 0.081502609 = 8.15%

5 0

4 years ago

Profit Margin, Investment Turnover, and Return on Investment

77julia77 [94]

Answer:

A) To calculate the company's return on investment we have to calculate the profit margin and the total asset turnover first:

Profit margin = net income / total sales

Profit margin = $13,200,000 / $82,500,000 = 0.16 x 100 = 16%

Total asset turnover = total sales / total assets

Total asset turnover = $82,500,000 / $5,000,000 = 16.5 x 100 = 1,650%

The DuPont formula for calculating return on investment is:

ROI = profit margin x total asset turnover

ROI = 0.16 x 16.5 = 2,64 x 100 = 264%

B) If expenses decrease by $350,000 then:

Profit margin = $13,550,000 / $82,500,000 = 0.1642 x 100 = 16.42%

Total asset turnover = $82,500,000 / $5,000,000 = 16.5 x 100 = 1,650%

ROI = 0.1642 x 16.5 = 2,71 x 100 = 271%

4 0

3 years ago

Tami contracts with Construction Inc. to build a valuable structure on her yard. Tami's neighbor, Frank, is pleased about this c

xz_007 [3.2K]

Answer:

Tami and Construction Inc. Vs. Frank

Can Frank sue Tami or Construction, Inc. and recover damages if either party breaches the contract?

Frank will not be successful if he sues either party because he is an incidental beneficiary.

Explanation:

Frank is just an incidental beneficiary and a third party who benefits from the contract between Tami and Construction, Inc. The contract is not intended to benefit Frank. Therefore, Frank does not have any legal rights under the contract. He cannot successfully sue Tami or Construction, Inc. if either party breaches the contract. He lacks the contractual rights to sue either party.

8 0

3 years ago

On January 1, 2021, Legion Company sold $235,000 of 9% ten-year bonds. Interest is payable semiannually on June 30 and December

Tasya [4]

Answer:

$18,622.53

Explanation:

Calculation for how much should Legion pay for cash interest for the six months ended June 30, 2021

Using this formula

Cash interest= Bonds percentage* Bonds amount

Let plug in the formula

Cash interest=9%*$206,917

Cash interest=$18,622.53

Therefore how much should Legion pay for cash interest for the six months ended June 30, 2021 is $18,622.53

8 0

3 years ago