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2 years ago

The host at the end of the video claims that ___________ is crucial to his success as a driver.

Business

1 answer:

NikAS [45]2 years ago

4 0

Answer:

The host at the end of the video claims that presence of mind is crucial to his success as a driver.

Explanation:

It is the presence of the mind of the Driver that counts a lot. if the person driving a car is very attentive and has an excellent presence of mind then he can avoid major accidents also.

On the other hand, is the driver is not attentive then his minor careless attitude might cause an accident. So to be attentive while driving a vehicle is mandatory. A driver must be fully aware of his surroundings.

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Although Costco pays its employees substantially more than its closest competitor, Sam’s Club, it has similar financial returns

yuradex [85]

Although Costco pays its employees substantially more than its closest competitor, Sam’s Club, it has similar financial returns on its labor costs due to lower turnover and higher levels of productivity

Option A

Explanation:

While Costco costs its workers slightly more than its closest competitor, Sam's Club, Costco pays higher prices in order to recruit more professionals and to provide better customer service due to lower turnover and a similar financial return.

Direct costs involve wages for staff making a product and employees on the production line, while indirect costs apply to assistance, such as employees repairing factory equipment.

When labor costs are wrongly distributed or measured, the price of goods or services may be changed from their actual costs and profits from losses.

8 0

2 years ago

Calculate the net income earned during the year. Assume that the change to stockholder's equity results only from net income ear

Nutka1998 [239]

Answer:

The net income earned during the year is $ 5,000

Explanation:

The first point to kn ow is the accounting equation is A=L+SE

So to calculate the opening stockholders equity we can rearrange the accounting equation to be:

A-L = SE

so opening SE is

Assets $ 50,000 - Liabilities $ 40,000 = Stockholders Equity $ 10,000

Ending Stockholders equity is:

Assets $ 35,000 - Liabilities $ 20,000 = Stockholders Equity $ 15,000

Since the question mentions that the change in stockholders equity is only due to net income, the increase of $ 5,000 represents the net income for 2019.

7 0

2 years ago

Your uncle holds just one stock, East Coast Bank (ECB). You agree that this stock is relatively safe, but you want to demonstrat

g100num [7]

Complete question:

Assume that your uncle holds just one stock, East Coast Bank (ECB), which he thinks has very little risk. You agree that the stock is relatively safe, but you want to demonstrate that his risk would be even lower if he were more diversified. You obtain the following returns data for West Coast Bank (WCB). Both banks have had less variability than most other stocks over the past 5 years.

Year ECB WCB

2004 40.00% 40.00%

2005 -10.00% 15.00%

2006 35.00% -5.00%

2007 -5.00% -10.00%

2008 15.00% 35.00%

a. What is the expected return and risk of each stock?

b. Measured by the standard deviation of returns, by how much would your uncle's risk have been reduced if he had held a portfolio consisting of 60% in ECB and the remainder in WCB? In other words, what is the difference between portfolio's standard deviation and weighted average of components' standard deviations? (Hint: check the example on page 11-12 on my note).

Solution:

The estimated return of the stock is the average profit.

So the average of ECB is (40-10+35-5+15)/5

= $\frac{75 percent}{5}$

= 15% expected return

WCB expected return = 40+15-5-10+35

= $\frac{75 percent}{5}$

= 15%

They've had the same planned return.

This is generally defined in the Greek letter Mu, (U) A weighted average may also be used to calculate portfolio volatility.

Standard deviation of ECB is $\sqrt{{ sum [(x-U)^2]/5}}$

so for ECB:

$(40-15)^2$ = $25^2$ =6.25%

$(-10-15)^2$ = $-35^2$ = 0.1225

$(35-15)^2$ = $20^2$ = 0.04

$(-5-15)^2$ = $-20^2$ = 0.04

$(15-15)^2$ =0

now 0.0625+0.1225+0.04+0.04+0=0.265

stdev= $\sqrt{(0.265/5)}$ = 0.23

So WCB is the same except in a different order to make things quick I'm only going to add the median again WCB=0.23

Then the 60/40 portfolio will be the "weighted average" of the returns.

portfolio returns

2004: (60%*40%)+(40%*40%) = 40%

2005: (60%*-10%)+(40%*15%) = 0%

2006: (60%*35%)+(40%*-5%) = 19%

2007: (60%*-5%)+(40%*-10%) = -7%

2008:(60%*15%)+(40%*35%) = 23%

we have an average return of (40+19-7+23)/5 = 75/5 =15%

The estimated return of all combined stocks is a better way to do so.

we knew they both had expected returns of 15% so we can say

(60%*15%)+(40%*15%)=15% so the portfolio has an expected return of 15%

Now we do the standard deviation for the whole portfolio and get

$(40-15)^2$ = $25^2$ =6.25%

$(0-15)^2$ = - $25^2$ =6.25%

$(19-15)^2$ = $4^2$ = 0.16%

$(-7-15)^2$ = $-22^2$ = -4.84%

$(23-15)^2$ = $8^2$ = 0.64%

now add them up and get 9.78%

$\sqrt{(9.78%/5)}$ = 13.98%

Therefore, the normal portfolio variance is 13.98 per cent and the predicted portfolio return is 15 per cent.

Every stock has a standard deviation of 23 per cent and an average return of 15 per cent, meaning that the fund has the same estimated return but with less standard deviation. This ensures that the same gain is less costly. It's stronger than any of these products.

5 0

2 years ago

Kivi Service Stations is considering expanding its operations to include the greater Dubuque area. Rather than build new service

gayaneshka [121]

Answer:

A. $1,085,000

B. $316,000

Explanation:

A. Computation of an estimated fair value for any goodwill associated with Kivi purchasing Joe’s Garage

Actual average net income per year $220,000

Sales multiplier 9.25 times

Estimated fair market value of Joe's Garage$2,035,000

($220,000*9.45 Times)

Fair market value of identifiable assets($950,000)

Estimated goodwill of Joe's Garage$1,085,000

($2,035,000-$950,000)

b. Computation for an estimated fair value for any goodwill associated with Kivi purchasing Gas N’ Go.

Actual average net income per year$275,000

Earnings for Gas N' Go($196,000)

(20%×$980,000)

Estimated excess earnings of Gas N' Go$79,000

($275,000-$196,000)

Management expect excess earning of four years ×4

Estimated goodwill of Gas N' Go $316,000

($79,000×4 years)

4 0

2 years ago

A good measure of average should be:

ella [17]

Answer:b

Explanation:

8 0

2 years ago