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Leviafan [203]
3 years ago
14

Relevant information is information you can’t trust

Business
1 answer:
Fantom [35]3 years ago
4 0

Answer:

Relevant information is data that can be applied to solve a problem

Explanation:

You might be interested in
A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $2,700 and is
jasenka [17]

Answer:

$720 and $180

Explanation:

According to the scenario, computation of the given data are as follows:

Premium for 3 years = $2,700

So, premium for 1 year = $2,700 ÷ 3 = $900 per year

Manufacturing operation percentage = 80%

Selling and administrative operation percentage = 20%

So, Premium for manufacturing operation = $900 × 80% = $720

And Premium for selling and admin operation = $900 × 20% = $180

6 0
3 years ago
You are trying to value the common stock shares BeGood Company using a market multiples approach. Begone just reported annual ea
lakkis [162]

Answer:

$22.81

Explanation:

We can easily calculate share price for BeeGood company just by multiplying the current earnings per share with an average P/E ration of competitors

P/E = Price earning ratio

EPS = Earning per share

Formula: Share price = PE x EPS

Share price = \frac{(11.2+13.25+14.88)}{3} x $1.74

Share price = $22.81

7 0
3 years ago
Hilton's 2001 segment reporting note showed that Hotel Ownership has revenue of $1,886 million, operating income of $474 million
Roman55 [17]

Answer:

Option A is correct one.

<u>Managing & Franchising s asset turnover ratio at 17.6% suggests inefficiency when compared to Hotel Ownership</u>

Explanation:

The ratio of the operating return on sales for hotel ownership is:

474/1886 = 0.25

The asset turn-over for hotel ownership is :

1886/492.5 = 0.38 = 38%

Now, for managing and franchising :

The ratios are:

Operating return to sales = 113/ 120 = 0.94

Asset Turnover = 120/680 = 0.1765 = 17.65%.

6 0
3 years ago
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua
Alecsey [184]

Answer:

€928.46

Explanation:

Since it was hinted that bonds issued outside of  the United States pay coupons annually, it is expected that the bonds issued in Germany pay annual coupons, and its price is computed below using the bond price formula, excel PV function, and financial calculator:

Bond price=face value/(1+r)^n+annual coupon*(1-(1+r)^-n/r

face value=€1,000

r=yield to maturity=8.7%

n=number of annual coupons in 10 years=10

annual coupon=face value*coupon rate=€1,000*7.6%=€76

bond price=1000/(1+8.7%)^10+76*(1-(1+8.7%)^-10/8.7%

bond price=1000/(1.087)^10+76*(1-(1.087)^-10/0.087

bond price=1000/2.30300797+76*(1-0.43421474)/0.087

bond price=1000/2.30300797+76*0.56578526/0.087

bond price= 434.21+494.25= €928.46

Excel PV function:

=-pv(rate,nper,pmt,fv)

=-pv(8.7%,10,76,1000)

pv=€928.46

Financial calculator:

N=10

PMT=76

I/Y=8.7

FV=1000

CPT PV=€928.46

4 0
3 years ago
On a shopping​ trip, Melanie decided to buy a light blue coat made from woven fabric. A tag on the coat stated that the price wa
Mekhanik [1.2K]

Answer:

The correct answer is option B.

Explanation:

Melanie decided to buy a coat at a price of $79.95.  

When she brought the coat to the​ store's sales​ clerk, Melanie was told that the coat was on​ sale, and she would pay 20 percent less than the price on the tag.

She got a discount worth $15.99.

The consumer surplus, in this case, will be at least $15.99.

This is because the consumer surplus is the difference between the price the consumer is willing to pay for a good and the price he/she actually pays.  

Melanie paid $15.99 less than the price but she may have been willing to pay more than the initial price. So the consumer surplus will be at least $15.99.

3 0
3 years ago
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