Question 1 Which of the following statements is correct? Answer One advantage of dividend reinvestment plans is that they enable investors to avoid paying taxes on the dividends they receive. If a company has an established clientele of investors who prefer a high dividend payout‚ and if management wants to keep stockholders happy‚ it should not follow the strict residual dividend policy. If a firm follows a strict residual dividend policy‚ then‚ holding all else constant‚ its dividend payout ratio
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DAILY= (1+.12/365)^365-1=12.75% 5. Suppose that on January 1 you deposit $100 in an account that pays a nominal (or quoted) interest rate of 11.33463%‚ with interest added (compounded) daily. How much will you have in your account on October 1‚ or 9 months later? OCT 1ST= 100*(1+.1133463/365) ^ (365*.75) = $108.87 6. What would be the value of the bond described above if‚ just after it had been issued‚ the expected inflation rate rose by 3 percentage points‚ causing investors to require a 13% return
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Cruise Lines borrows $3 million and issues a six month‚ 6% note payable. Interest is payable at maturity. Record the issuance of the note and the appropriate adjustment for interest expense at December 31‚ the end of the reporting period. (Enter your answers in dollars not in millions. Do not round intermediate calculations. Omit the "$" sign in your response.) Date Nov. 1 General Journal Cash Notes payable Debit 3‚000‚000 Credit 3‚000‚000 30‚000 30‚000 Dec. 31 Interest expense Interest payable
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Chapter 8: Aggregate Planning in a Supply Chain Exercise Solutions : We define a comprehensive set of decision variables that are utilized in problems 8-1 to 8-3 depending on the problem context. Decision Variables: Ht = # of workers hired in month t (t = 1‚..‚12) Lt = # of workers laid-off in month t (t = 1‚..‚12) Wt = # of workers employed in month t (t = 1‚..‚12) Ot = # of hours of overtime in month t (t = 1‚..‚12) It = # of units (000s) held in inventory at the end of month t (t = 1‚..
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FIN 534 Midterm Exam 1 1. Of the following investments‚ which would have the lowest present value? Assume that the effective annual rate for all investments is the same and is greater than zero. 2. You plan to analyze the value of a potential investment by calculating the sum of the present values of its expected cash flows. Which of the following would increase the calculated value of the investment? 3. Which of the following statements regarding a 20-year monthly payment amortized mortgage with
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Challenging Issues Under Accrual Accounting: Long-Lived Depreciable Assets – A Closer Look Discussion Questions 8-1. Some factors determining the estimated useful life of assets might include: a. prior experience the company b. industry norms c. anticipated technological advancements d. the way the asset will be used e. anticipated company growth An important point that needs to be made during the discussion of this question
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Chemistry Study Guide Oct 2nd 1 hour Exam Chapter 9- Thermodynamics KE= ½ mv2 w= F∆x w= force × distance ∙ A state function refers to a property of the system that depends only on its present state. ∙Internal Energy = heat + work ∆E = q + w ∙Pressure = Force/Area = P = F/A ∙Work= - external pressure × change in volume w = - P∆V Enthalpy H = E + PV qp = ∆E + P∆V ∆H = qp ∆H = H products H reactants
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1. You have obtained a new utility‚ called watchit‚ to monitor security on your computer‚ and you decide to run the utility in the background. Normally‚ to start the utility you would enter watchit at the command line.Which of the following commands enables you to start and run this utility in the background? b. watchit& 2. You’ve obtained over a hundred large graphics files to use in publications‚ but you want to be sure there is enough available disk space on your computer to store these files
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FIN 534 Week 3 HW Chapter 5 1. Three $1‚000 face value bonds that mature in 10 years have the same level of risk‚ hence their YTMs are equal. Bond A has an 8% annual coupon‚ Bond B has a 10% annual coupon‚ and Bond C has a 12% annual coupon. Bond B sells at par. Assuming interest rates remain constant for the next 10 years‚ which of the following statements is CORRECT? Answer: D. Bond A sells at a discount (its price is less than par)‚ and its price is expected to increase over the next year
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Chapter 7: 1. What does aggregation mean in OO? Give an example. Aggregation is a “part-of” association. For example‚ student is a part of a class. 2. When we employ the technique of generalization in design‚ what are we doing‚ and which part of OO design is closely related to this concept? Generalization is an abstraction where we keep only the essentials and suppress the details. In OO‚ in moving from specific objects to a general class definition is an example of generalization. 3. List two
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