000 = $ 360‚000 ______________________________________ b) Compute the gross profit rate. Why is this rate computed by financial statement users? (360‚000/900‚000)/100 = 4/10of 100 = 40% This is known as the GROSS PROFIT MARGIN. ______________________________________ c) What is Payton’s income from operations and net income? 1)Income from Operations = 360‚000 - 230‚000 = $130‚000. 2)Net Income = 130‚000 - 11‚000 = $119‚000 ______________________________________ d) If Payton prepared a
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Question 1 (5 points) $50 today is worth MORE than $50 tomorrow. Your Answer Score Explanation True ✔ 5.00 Correct. You understand Time value of money. Total 5.00 / 5.00 Question Explanation We have assumed time value of money is positive. Question 2 (5 points) At an interest rate of 10% it is better to have $100 today than $120 in 2 years. Your Answer Score Explanation True ✔ 5.00 Correct; it is compounding! Total 5.00 / 5.00 Question Explanation All about compounding
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1. INTRODUCTION Overview of the financial system A financial system refers to the mechanism that involves financial markets‚ financial institutions‚ laws‚ regulations and techniques through which financial resources are mobilized from those who have surplus to those in deficit an economy. The primary task of any financial system therefore is to facilitate the movement of funds from those who save to those who borrow to buy needed goods and services or for investments. The financial system determines
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Since they are not covered by the bar exam‚ the reviewee has the option of not reading them. Banking and Finance in General Two types of financing 1. equity 2. debt-financing • A cross-breed of the two may also occur. Intermediaries 1. Banks 2. Non-bank financial intermediaries 3. Exchanges 4. Others i.e. secondary markets Function of intermediaries 1. “Brokering” or matching investors with those in need of financing 2. Help in diminishing risks to investors
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DARRELL HENRY LEG100 DOROTHY SLIBEN 5/21/2013 In this paper‚ I will establish how Facebook utilizes the four components of a legally astute social media marketing
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1. A financial analyst is responsible for maintaining and controlling the firm’s daily cash balances. Frequently manages the firm’s short‑term investments and coordinates short‑term borrowing and banking relationships. FALSE 2. Finance is concerned with the process institutions‚ markets‚ and instruments involved in the transfer of money among and between individuals‚ businesses and government. TRUE 3. Financial services are concerned with the duties of the financial
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Content 1. Whether the short-run IPO underpricing exists in the Australian stock market 4 2. Performance of IPO firms after two years 10 3. Theories of underpricing 14 3.1 The ‘Winner’s curse’ model 14 3.2 The ‘Principal-Agent Theory’ model 14 4. Reasons of low initial return of Facebook 16 4.1 Unstable stock market 16 4.2 High initial offering price 16 4.3 Overestimated IPO scale 17 4.4 Too many shares was cashed in 17 4.5 Advertising pains 17 Table list Table 1: The issue
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January 29th‚ 2013 Review for Numerical Quiz 1 Formulas: 1. Percentage Change: •Change = (New Value - Old Value) / (Old Value) •Example: Sales grew from $30 billion to $31 billion. •($31 - $30) / $30 = 3.3% Change 2. New Value: •New Value = (Old Value) X (1+Percentage Change / 100) •Example: Sales in 2012 were $320‚000. Expecting sales to grow 18% •($320‚000) X (1.18) = $377‚ 600 3. Old Value: •Old Value = (New Value) / (1+Percentage Change / 100) •Example: 2013 market size forecasted
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Answers to PSYC 305 AMU Quiz 1 Question 1 of 10 1.0/ 1.0 Points Objectivity is: A.up to the observer B.problem free C.the hallmark of science D.not testable Answer Key: C Feedback: Ch 1 p. 7 Question 2 of 10 1.0/ 1.0 Points The Milesians and Heraclitus interpreted experience as A.phenomena of the senses‚ characterized by constant change. B.coming only from individual experiences. C.purely sensual. D.objective. Answer Key: A Feedback: Ch 2 p. 32 Question 3 of
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Matching Quiz Questions for Review 1. The Fair Labors Standards Act (FLSA) sets the minimum wage. The minimum wage is $7.25 per hour. 2. Under the FLSA maintaining records that explain the basis of wage differentials paid to employees of opposite sex for equal pay. Displaying a poster informing employees of the provisions of the law. The State’s wage orders that also can affect pay periods‚ pay for call-in and waiting times‚ rest and meal periods‚ absences‚ meals‚ and lodging‚ uniforms
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