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disa [49]
2 years ago
12

Justin’s plan doesn’t cover his costs completely. What are his options for covering the rest of his costs? Select all that apply

.
Business
2 answers:
denis23 [38]2 years ago
6 0

Answer: all EXCEPT asking his friends are the correct answers

Explanation:

spin [16.1K]2 years ago
5 0

Available Options:

He could try to save more money.

He could get a student loan for the extra amount he

needs.

TO He could apply for a scholarship

He could ask his friends to loan him money.

He could ask his family to contribute.

Answer:

All of the above    

Explanation:

The best option is to be self reliant which means that Justin must apply for scholarships, save money now and during the program execution and if still there are any expenses due then he can ask his family to contribute to meet his exense and still if there are unpaid expenses then he can borrow from his friends if he thinks that he can repay the loan to his friends in the mutually agreed time. If Justin can not pay its amount borrowed then he must consider long term loan option to fund his studies.

The order of finance is given as under:

  1. Save Money
  2. Scholarship
  3. Ask his Family
  4. Loan from Friend
  5. Long term Loan
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One operator services a bank of five machines. Machine running time and service time are both exponential. Machines run for an a
Nady [450]

Answer:

Average hourly output is 13.14 pieces.

Explanation:

Number of machines at the bank N = 5

Average service time T = 26 min

Machine runs for an Average R = 74 min

Number of servers M = 1

Service Factor, X = T / (T+R)

= 26 / (26+74)

= 0.26

Efficiency Factor, F = 0.683

Average Number of machine running A = N * F * (1 - X)

= 5 * 0.683 * (1 - 0.26)

= 2.52

Output rate = 26 * (A / N)

= 26 * ( 2.52 / 5)

= 13.14 per hour.

7 0
2 years ago
At a time when demand for ready-to-eat cereal was stagnant, a spokesperson for the cereal maker Kellogg’s was quoted as saying,
larisa86 [58]

Answer:

for interest rates equal to or lower than 200%, the firms will use trigger strategies to support the collusive level of advertising

Explanation:

Using the below expression to determine the range of interest rates could these firms use trigger strategies to support the collusive level of advertising; we have:

\frac{current \ period's \ profit \ of \ the \ cheating \ firm \ - \  firm's \  profit \  in \ each \ period \ under \ collision  }{ firm's \ profit \ in \  each \ period \ under \ collision \ - \ profit \ in  \ each \ subsequent \ period \ of \ cheating \ firm  } \leq \frac{1}{i}

where;

the \ current \ period's \ profit \ of \ the \ cheating \ firm \ = \ 49

firm's \  profit \  in \ each \ period \ under \ collision  = \  9

\ profit \ in  \ each \ subsequent \ period \ of \ cheating \ firm  } = \ 1

Then :

= \frac{49-9}{9-1} \leq \frac{1}{i}

= \frac{40}{8}  \leq \frac{1}{i}

i \leq \frac{8}{40}

i \leq 200%

Thus; for interest rates equal to or lower than 200%, the firms will use trigger strategies to support the collusive level of advertising

6 0
2 years ago
Sapp Trucking's balance sheet shows a total of noncallable $45 million long-term debt with a coupon rate of 7.00% and a yield to
spin [16.1K]

Answer:

The difference between two WACC is 1.2%.

Explanation:

As we know that

WACC = Ke * Ve / (Ve + Vd (1-Tax))    +   Kd * Vd*(1-tax) / (Ve + Vd*(1-Tax))

Using the Book Value Method:

WACC =             14% *$65 / ($65m + $45m (1-40%))

                    + 6% *$45m*(1-.4) / ($65m + $45m (1-40%))

WACC = 10%  + 1.8% = 11.8%

<u>Using the market value method:</u>

Market Value of Common Stock = Common Shares * Market value per share

Market Value of Common Stock = 10 million * $22.5 per share = $225m

WACC =             14% *$225 / ($225m + $50m (1-40%))

                    + 6% *$50m*(1-.4) / ($225m + $50m (1-40%))

WACC = 12.35%  + 0.7% = 13%

The difference between two WACC is 1.2%.

4 0
2 years ago
For both companies compute the (a) profit margin ratio, (b) total asset turnover, (c) return on total assets, and (d) return on
VikaD [51]

Answer:

A) Profit Margin, Barco = 23.8%, Kyan = 22.1%

B) Asset Turnover, Barco = 1.83, Kyan = 1.84

C) ROA, Barco = 44%, Kyan = 41%

D) ROE, Barco = 66%, Kyan = 61%

E) Price-Earnings Ratio, Barco = 17.12 times, Kyan = 16.67 times

F) Dividend yield, Barco = 5.1%, Kyan = 5.2%

2B) Barco is the good investment.

Explanation:

Requirement A to Requirement F - See Images Below

2B) Barco company's share is the best from the two companies. From the Return on Asset, Return on Equity, and Price-earnings ratio, it is clear that Barco company's share is an upper hand. For example, P/E ratio of Barco is 17.12 times while Kyan's P/E ratio is 16.67 times. Therefore, I would recommend Barco company's stock should be the better investment.

7 0
2 years ago
Astro Corporation was started with the issue of 2,000 shares of $5 par stock for cash on January 1, 2018. The stock was issued a
BartSMP [9]

Answer:

Astro Corporation Income Statement

Revenues                              $31,000

<u>Expenses                              ($17,100)</u>

Net profit                               $13,900

Astro Corporation Statement of Changes in Shareholder Equity

                             Common stock      APIC        Ret. earnings     Total

Balance Jan. 1          $10,000            $14,000                            $24,000

Net income                                                            $13,900         $13,900

<u>Dividends                                                              ($2,000)        ($2,000)</u>

Balance Dec. 31      $10,000            $14,000       $11,900        $35,900

Astro Corporation Balance Sheet

<u>Assets</u>                                               <u>Liabilities</u>

Cash $35,900                                     $0

                                                         <u>Shareholders' equity</u>

                                                         Common stock $10,000

                                                         APIC $14,000

                                                         Retained earnings $11,900

Total $35,900                                  Total $35,900

Astro Corporation Statement of Cash Flows

<u>Cash flows from operating activities:</u>

Revenues                                       $31,000

Expenses                                        ($17,100<u>)</u>

     Cash from operating activities      $13,900                  

<u>Cash flows form financing activities:</u>

Stock issuance                               $24,000

Dividends paid                               ($2,000)

     Cash from financing activities      $22,000    

Net increase in cash                           $35,900

6 0
2 years ago
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