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nydimaria [60]
2 years ago
13

Exercise 21.2 you are the dba for the veryfine toy company and create a relation called employees with fields ename, dept, and s

alary. for authorization reasons, you also define views employeenames (with ename as the only attribute) and deptinfo with fields dept and avgsalary. the latter lists the average salary for each department.

Business
1 answer:
nekit [7.7K]2 years ago
3 0
Check the attached files for the solution.

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LLY Corporation is planning to issue a $1,000 face value bond with a maturity of 30 years. The annual coupon rate is expected to
VladimirAG [237]

Answer:

$739.72 ≈  739.72

Explanation:

we can use an excel spreadsheet and the present value function to calculate the expected price of each bond ⇒ =PV(rate,nper,pmt,fv,[type])

  • fv = $1,000
  • pmt = $1,000 x 7.25% x 1/2 = $36.25
  • nper = 60
  • rate = 10% / 2 = 5%
  • present value = ?

=PV(5%,60,36.25,1000) = -739.72 since excel calculates the initial investment, it is always negative, so we just change the sign.

6 0
2 years ago
Reese, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December, she received
marin [14]

Answer:

$11,560

$5666.661

Explanation:

Given the following :

Bill received from accountant = $17,000

This year's marginal tax rate = 32%

Next year's marginal tax rate = 37%

After tax return on investment = 11%

After tax cost of bill is paid in December :

Billed amount * this year's tax rate

$17,000 * ( 1 - 0.32)

= $17,000 * 0.68

= $11,560

B) After tax cost of bill was paid in January:

Billed amount * next year's tax rate * PV factor

From the present value factor table;

PV factor (1 years, 11%) = 0.9009

Hence,

$17,000 * 0.37 * 0.9009 = $5666.661

4 0
2 years ago
Vaughn Manufacturing has outstanding 596000 shares of $2 par common stock and 119000 shares of no-par 6% preferred stock with a
natima [27]

Answer: $107,900

Explanation:

Cumulative Preferred Shares refer to shares that a company has to pay dividends eventually. This means that if they are unable to pay for some years, they are to accrue that payment until they are able to.

There are 119000 shares of no-par 6% preferred stock with a stated value of $5.

That means preferred shares are liable to the following amount of dividends,

= 119,000 * 5 * 6%

= $35,700

Preferred Shares have not being paid for the past 2 years and need to be paid in the current year as well. That means 3 payments,

= 35,700 * 3

= $107,100

Preferred Shares are to be paid $107,100 out of the $215,000 with the rest going to common shares.

Amount going to Common Shares is,

= 215,000 - 107,100

= $107,900

Common Stockholders are to receive $107,900

7 0
2 years ago
For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and th
DedPeter [7]

Answer:

a. Property taxes, factory. <u>Fixed Cost. Indirect Manufacturing Cost. </u>

b. Boxes used for packaging detergent produced by the company. <u>Variable cost. Direct Manufacturing cost.</u>

c. Salespersons' commissions. <u>Variable cost. Selling cost. </u>

d. Supervisor's salary, factory. <u>Fixed cost. Indirect manufacturing cost.</u>

e. Depreciation, executive autos.<u> Fixed cost. Administrative cost. </u>

f. Wages of workers assembling computers.<u> Variable cost. Direct manufacturing cost. </u>

g. Insurance, finished goods warehouses. <u>Fixed cost. Selling cost. </u>

h. Lubricants for production equipment. <u>Variable cost. Indirect manufacturing cost.</u>

i. Advertising costs. <u>Fixed cost. Selling costs. </u>

j. Microchips used in producing calculators. <u>Variable costs. Direct manufacturing cost. </u>

k. Shipping costs on merchandise sold.<u> Variable cost. Selling cost.</u>

l. Magazine subscriptions, factory lunchroom.<u> Fixed cost. Indirect manufacturing cost.</u>

m. Thread in a garment factory. <u>Variable cost. Indirect manufacturing cost. </u>

n. Billing costs. <u>Variable cost. Selling cost. </u>

o. Executive life insurance. <u>Fixed cost. Administrative cost. </u>

p. Ink used in textbook production. <u>Variable cost. Indirect manufacturing cost.</u>

q. Fringe benefits, assembly-line workers. <u>Variable cost. Indirect manufacturing cost. </u>

r. Yarn used in sweater production. <u>Variable cost. Direct manufacturing cost. </u>

s. Wages of receptionist, executive offices. <u>Fixed cost. Administrative cost. </u>

3 0
2 years ago
Elmer Inc., a software company, has a diverse workforce. Its employees work hard to meet their goals, and therefore, the managem
Nadusha1986 [10]

Answer:

d. It has high levels of job embeddedness.

Explanation:

Job embeddedness as described and originated by Mitchell et al(and colleagues) are the various factors that influence or bring about job retention or simply keeps one at a particular job or an organization hence reducing job turnover. Under job embeddedness, an employee is likely to stay in an organization and not leave if he feels a connection to it which could be in terms of his connection to his team or colleagues in the organization or other things outside the organization like family. Job embeddness was meant to improve on traditional models of job turnover that only incorporated such factors as job satisfaction, job alternatives and employers commitments. A high level of job embeddedness is likely in Elmer Inc because there is likely to be alot more connection amongst staff as the work environment makes this very much possible.

5 0
2 years ago
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