Leslie Hoyt is 35 years old. She wants to purchase a $250,000, 5-year life insurance policy. The pre- mium per $1,000 is $2.99. What is her annual premium?

Answers

Answer 1

Answer:

Answer: 35.88

Explanation:

I’m not sure if this is right I just did 2.99 x12

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Weak form efficiency is best defined as a market where current prices are based on A. totally rational decisions. B. historical prices. C. information known to any person or organization. D. all publicly available information. E. irrational decisions by amateur investor

Answers

Answer: E

Explanation:

Weak form efficiency advocates that past price movements, earnings and volume data does not affect the price of stock and therefore cannot be used in the prediction of its future direction.

Weak form efficiency is also called random walk theory. It states that the prices of future securities are random and past events does not affect the prices. Advocates believe every information needed can be found in the stock prices and there is no need for past information. It is an irrational decision by amateur investors.

Answer:

The correct answer is letter "B": historical prices.

Explanation:

American Economist Eugene Fama (born in 1939) proposed the Efficient Market Hypothesis (EMH) stating that it is impossible to beat the market. There are three types of EMH: The Weak, Strong, and Semi-Strong EMH. The Weak form of the EMH suggests that current stock prices reflect all the data of past prices and technical analysis is useless to predict stock price fluctuations.

Which of the following is a disadvantage of government provision of a public good? A. The private sector can provide all public goods at a lower cost. B. The government does not provide enough of any public good. C. The government lacks information about what people are willing to pay for the good. D. None of the above is a disadvantage.

Answers

Answer: Option (C) is correct.

Explanation:

Correct option: The government lacks information about what people are willing to pay for the good.

The government have less information about the willingness to pay of the consumers. So, this creates an obstacle for the government for a efficient provision of a public good.

So, the government have no clue about the minimum that a consumer can pay, this will lead to create problem for the government.

Government don't know to whom these public goods are to be provided.

Final answer:

A potential disadvantage of the government provision of public goods is that the government may lack clear information about what people are willing to pay for the good (C), which could lead to inefficiencies. This does not mean that private provision is always more efficient, especially in the case of essential public goods.

Explanation:

In response to your question about the disadvantage of government provision of a public good, option C indicates a potentially valid issue. This option suggests that government lacks information about what people are willing to pay for the good. Specifically, in some cases, private firms may provide services more efficiently than government because they have more capability to gauge market demand and adjust prices accordingly. However, for certain public goods like fire and police services, private provision might not be efficient or advantageous due to the nature of these services.

Learn more about Government Provision of Public Goods here:

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Harper, Inc. acquires 40 percent of the outstanding voting stock of Kinman Company on January 1, 2017, for $210,000 in cash. The book value of Kinman’s net assets on that date was $400,000, although one of the company’s buildings, with a $60,000 carrying amount, was actually worth $100,000. This building had a 10-year remaining life. Kinman owned a royalty agreement with a 20-year remaining life that was undervalued by $85,000. Kinman sold inventory with an original cost of $60,000 to Harper during 2017 at a price of $90,000. Harper still held $15,000 (transfer price) of this amount in inventory as of December 31, 2017. These goods are to be sold to outside parties during 2018. Kinman reported a $40,000 net loss and a $20,000 other comprehensive loss for 2017. The company still manages to declare and pay a $10,000 cash dividend during the year. During 2018, Kinman reported a $40,000 net income and declared and paid a cash dividend of $12,000. It made additional inventory sales of $80,000 to Harper during the period. The original cost of the merchandise was $50,000. All but 30 percent of this inventory had been resold to outside parties by the end of the 2018 fiscal year. Prepare all journal entries for Harper for 2017 and 2018 in connection with this investment. Assume that the equity method is applied.

Answers

Answer:

Harper investment 160,000

building over fair value 16,000

royalty over fair value 34,000

cash 200,000

----

2017 entries:

loss on Harper Investment 32,000

Harper investment 32,000

---

Cash 4,000

Harper investment 4,000

----

Unrealized gain 2,000

Harper Investment 2,000

---

royalty over fair value 1,700

bulding over fair value 1,600

harper investment 3,300

---

2018 entries:

Harper Investment 16,000

Gain on Harper Investent 16,000

----

Cash 4800

Harper investment 4800

----

Unrealized gain 1,600

Harper Investment 1,600

---

royalty over fair value 1,700

bulding over fair value 1,600

harper investment 3,300

Explanation:

400,000 x 40% = 160,000

40,000 increase infair value of building x 40% = 16,000

royalty 85,000 x 40% = 34,000

total equity value 200,000

payment of 200,000

no goodwill.

amortization:

building: 16,000 / 10 = 1,600

royalty: 34,000 / 20 = 1,700

2017

loss: 60,000 x 40% = (32,000)

dividends 10,000 x 40% = (4,000)

unrealized gain: it kept 15,000/90,000 = 0.1667 = 16.67%

90,000 - 30,000 = 30,000 gain x 16.67% = 5,000 unrealized gain

5,000 x 40% = 2,000

2018

income 40,000 x 40% = 16,000

dividends 12,000 x 40% = (4,800)

unrealized gain kept 30%

80,000 - 50,000 = 30,000 x 30% = 9,000

the company has 40% so 9,000 x 40% = 3,600 unrealized

as we recognize 2,000 before we adjust for the difference of 1,600

Potential effects of departmental performance reports on employee behavior include all of the following except: Including indirect expenses can lead to a manager being more careful in using service department's costs. Using budgeted service department costs insures that operating departments are not held responsible for excessive service department costs. Including uncontrollable costs can serve to improve a manager's morale.

Answers

Potential effects of departmental performance reports on employee behavior except including uncontrollable costs served to improve manager's morale.

Explanation:

Performance management plays an important role to keep a proper record of all the works that are being performed in a company .
A proper performance management also shows an important effect on the behavior of the employees.
If the employees are boosted properly by the managers they will increase the productivity .
This will help the company to earn profits. Departmental performance keep record of all the expenses that are being done during the production process . It also help the manager to gain information and can adopt proper strategy to reduce expenses.

Tresnan Brothers is expected to pay a $1.60 per share dividend at the end of the year (i.e., D1 = $1.60). The dividend is expected to grow at a constant rate of 3% a year. The required rate of return on the stock, rs, is 5%. What is the stock's current value per share? Round your answer to the nearest cent.

Answers

Answer:

The price of the stock today is $80.00

Explanation:

The price of a stock whose dividends are expected to grow at a constant rate is calculated by the constant growth model of the DDM. The price of a stock under DDM is based on the present value of the expected future dividends that the stock will pay. The formula for price under this model is,

P0 = D1 / r - g

Where,

D1 is the dividend expected for the next period
r is the required rate of return
g is the growth rate in dividends

P0 = 1.6 / (0.05 - 0.03)

P0 = $80.00

3. Set the most important five goals in your life in the coming two years.

Answers

This is more like a do it on your own kind of question. One thing for sure is that you would want to be financially stable and still keep going to school to study something

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