Using the Dividend discount model (DDM) formula, you can determine the price of Cale's Colorless Coffee's LLP stock.
What is the case?Given that the growth rate of the terminal is 3.3% and the cost of equity is 20.85%, calculate the price of the stock today.
The DDM formula is:
$$P_{0}=\frac{D_{1}}{r-g}+\frac{D_{2}}{(1+r)^{2}}+\frac{D_{3}}{(1+r)^{3}}+\frac{T_{3}}{(r-g)(1+r)^{3}}$$.
Where:
P0 = current stock price
D1 = next year's expected dividend
r = cost of equity
g = growth rate of the terminal
D2 = dividend expected two years from now
D3 = dividend expected three years from now
T3 = total value at the end of the third year.
T3 = D4/r-g
= D3(1+g)/r-g.
Now, we are given that, D1 = $2.92,
D2 = $3.43,
D3 = $3.26,
r = 20.85%, and
g = 3.3%.
Therefore, the stock price of Cale's Colorless Coffee's LLP today would be:
$$P_{0}=\frac{2.92}{0.2085-0.033}+\frac{3.43}{(1+0.2085)^{2}}+\frac{3.26}{(1+0.2085)^{3}}+\frac{3.26\times(1+0.033)}{(0.2085-0.033)(1+0.2085)^{3}}$$$$\
Rightarrow P_{0}=\frac{2.92}{0.1755}+\frac{3.43}{(1.2085)^{2}}+\frac{3.26}{(1.2085)^{3}}+\frac{3.26\times(1.033)}{(0.1755)(1.2085)^{3}}$$$$\Rightarrow P_{0}
=16.635+2.550+2.124+3.649$$.
Therefore, P0 = $25.91.
Hence, the correct option is c. $25.81.
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Which of the following is a good inventory storage practice?
O A.
first in, first out
OB. first in, last out
OC. last in, first out
OD.
last in, last out
Answer:
B.
Explanation:
B. First in First out is good I guess
Answer:
option A: first in, first out
Explanation:
i just answered it myself, and it was the correct answer.
1. Medical Corporation of America (MCA) has a current stock price of $35, and its last dividend (D0) was $2.50. In view of MCA’s strong financial position, its required rate of return is 12%. If MCA’s dividends are expected to grow at a constant rate in the future, what is the firm’s expected stock price in five years?
Choice: $43.68 Choice: $48.95 Choice: $52.10 Choice: $68.75
2. A broker offers to sell you shares of Bay Area Healthcare, which just paid a dividend of $2 per share. The dividend is expected to grow at a constant rate of 6% per year. The stock’s required rate of return is 12%. What is the expected dollar dividend at the end of three years?
Choice: $2.38 Choice: $3.12 Choice: $5.00 Choice: 12%
3. A broker offers to sell you shares of Bay Area Healthcare, which just paid a dividend of $2.50 per share. The dividend is expected to grow at a constant rate of 5% per year. The stock’s required rate of return is 12%. What would be a price for this stock?
Choice: $32.25 Choice: $37.50 Choice: $43.10 Choice: $45.65
1. The expected stock price in five years for Medical Corporation of America is $20.83.
2. The expected dollar dividend at the end of three years for Bay Area Healthcare is $2.38.
3. The price of the stock for Bay Area Healthcare is $37.50.
1. To calculate the expected stock price in five years, we can use the Gordon Growth Model. The formula for this model is P = D1 / (r - g), where P is the stock price, D1 is the expected dividend in one year, r is the required rate of return, and g is the growth rate of dividends.
First, we need to calculate the expected dividend in one year, which can be found using the formula D1 = D0 * (1 + g). In this case, D0 is the last dividend and g is the expected growth rate. Plugging in the values, we have D1 = $2.50 * (1 + 0) = $2.50.
Next, we can substitute the values into the Gordon Growth Model formula. P = $2.50 / (0.12 - 0) = $2.50 / 0.12 = $20.83.
Since we are looking for the expected stock price in five years, we need to calculate the future stock price by using the growth rate of dividends. To do this, we can use the formula P5 = P * (1 + g)^5, where P is the current stock price and g is the growth rate. Plugging in the values, we have P5 = $20.83 * (1 + 0)^5 = $20.83.
Therefore, the expected stock price in five years for Medical Corporation of America is $20.83.
2. To calculate the expected dollar dividend at the end of three years, we can again use the Gordon Growth Model. We need to find the expected dividend in three years, which can be found using the formula D3 = D0 * (1 + g)^3, where D0 is the current dividend and g is the growth rate.
Plugging in the values, we have D3 = $2 * (1 + 0.06)^3 = $2 * (1.06)^3 = $2 * 1.191016 = $2.38.
Therefore, the expected dollar dividend at the end of three years for Bay Area Healthcare is $2.38.
3. To calculate the price of the stock, we can once again use the Gordon Growth Model. The formula is P = D0 * (1 + g) / (r - g), where P is the stock price, D0 is the dividend, r is the required rate of return, and g is the growth rate.
Plugging in the values, we have P = $2.50 * (1 + 0.05) / (0.12 - 0.05) = $2.50 * 1.05 / 0.07 = $26.25 / 0.07 = $375.
Therefore, the price of the stock for Bay Area Healthcare is $37.50.
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How is Infrastructure related to the business and his Impact and Importance on it?
Infrastructure is the most crucial factor of a business organization, and much of a business' growth depends upon better infrastructure.
What is infrastructure?Infrastructure for a business can be understood as a set of facilities and services that are a requirement for the smooth functioning of a business organization.
If the infrastructure is poor, then there is a definite cap on the upper side of a business' growth. Similarly, a better infrastructure increases the opportunities for increase in the productivity of a business.
Hence, the significance of infrastructure is aforementioned.
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a certain shampoo is on sale twice a year, every year. this is an example of a seller using as a form of to achieve price discrimination. price fluctuation; the hurdle method alternate versions; group pricing alternate versions; the hurdle method price fluctuation; group pricing
Price fluctuation rates change in response to changes in demand or supply. When something is in demand and supply starts to decline, the price goes up. If supply exceeds current demand, prices will fall. If supply is relatively stable, prices can go up and down as demand rises and falls.
Common synonyms for fluctuation include vibration, sway, swing, heave, vibration, and wobble. While these words all mean "to move from one direction to the other," fluctuation refers to a constant, irregular change in level, intensity, or value. floating interest rate.
The price you set affects your profit margin per unit sold. The higher the price, the higher the profit per item, if you are not losing sales. However, higher prices and lower sales volumes can reduce or eliminate profits. This is because you sell fewer units, which increases your overhead per unit.
Price volatility can be managed by two non-exclusive approaches. Each of these approaches can be implemented through either market-based strategies or public interventions.
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Consider the following probability distribution for stocks A and B: State Probability Return on stock A Return on stock B 1 0.10 10% 8% 2 0.20 13% 7% 3 0.20 12% 6% 4 0.30 14% 9% 5 0.20 15% 8% What is the coefficient of correlation between A and B?
The coefficient of correlation between stocks A and B is 0.348.
To calculate the coefficient of correlation, we need to use the formula:
ρ(A, B) = Σ[P(Ai) * (R(Ai) - μ(A)) * (R(Bi) - μ(B))] / [σ(A) * σ(B)]
Where:
- ρ(A, B) represents the coefficient of correlation between stocks A and B.
- P(Ai) represents the probability of state i.
- R(Ai) represents the return on stock A in state i.
- R(Bi) represents the return on stock B in state i.
- μ(A) represents the mean return of stock A.
- μ(B) represents the mean return of stock B.
- σ(A) represents the standard deviation of stock A.
- σ(B) represents the standard deviation of stock B.
Using the given data, we calculate the following values:
- μ(A) = 12.2%
- μ(B) = 7.6%
- σ(A) = 1.825%
- σ(B) = 1.166%
Using the formula, we calculate the numerator as 0.028788, and the denominator as (0.01825 * 0.01166) = 0.000213445.
Dividing the numerator by the denominator, we get 0.028788 / 0.000213445 = 0.348, rounded to three decimal places.
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Describe at least two capital investments that would increase growth for your business. In other words, how might you expand the frontier of your production possibilities curve? Explain how your capital investments would help, and classify each investment by category: facilities, equipment, labor, marketing, or expansion. (Business would be making baked goods and drawings.
While the second would fall under marketing. Other potential capital investments for a business like this might include expanding facilities (such as renting a larger kitchen or office space), hiring additional labor to increase production, or expanding the product line to include new baked goods or artwork.
What is Capital Investment?
Capital investment refers to the purchase of long-term assets or investments that are expected to provide benefits for the company over a prolonged period. These investments are intended to generate income or increase productivity and efficiency, rather than be used for immediate consumption.
Online Marketing Campaign (Marketing): Another way to expand the business could be to invest in an online marketing campaign. This might involve hiring a marketing consultant to develop a social media strategy or creating targeted ads to reach a wider audience.
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Leila has a table in a spreadsheet she wants to format. Which options will allow her to format the table without changing its content?
Answer:
All of them, except "Find and replace, Text."
Explanation:
To keep the wage rate at a decent level, the government imposes a minimum wage (price floor) of p=8 in the labor market where the labor demand is Q = 12 -p and the labor supply is Q = 2p. Draw the graph for demand and supply, the price floor, all the relevant points and areas to answer the following; (a) What is the range of the possible values for PS ? (the minimum and the maximum values which correspond to the cases where workers who would be willing to accept work at the lowest relevant wages and at the highest relevant wages, respectively, end up getting the jobs). (b) What should the government set the minimum wage to maximize PS? (Assume the best case scenario; where the workers who are willing to work at the lowest relevant wage range end up getting the jobs).
In reality, the effects of a minimum wage are more complicated and may depend on factors such as the elasticity of labor demand and supply, the presence of monopsony power in the labor market, and potential negative effects on firm profitability and economic growth.
(a) To find the possible range of values for PS, we need to first determine the equilibrium wage rate and employment level without the minimum wage.
Setting labor demand equal to labor supply, we have:
12 - p = 2p
Solving for p, we get:
p = 4
Substituting this back into either the demand or supply equation, we get the equilibrium employment level:
Q = 12 - 4 = 8
So, without the minimum wage, the equilibrium wage rate is $4 and the equilibrium employment level is 8.
With the minimum wage of $8, the quantity of labor supplied exceeds the quantity of labor demanded. This creates a surplus of labor, or unemployment, equal to:
Qs - Qd = 2p - (12 - p) = 3p - 12
Substituting the minimum wage of $8, we get:
Qs - Qd = 3(8) - 12 = 12
This means that 12 workers are willing and able to work at the minimum wage, but only 8 workers are actually employed.
(a) To find the possible range of values for PS, we need to first determine the equilibrium wage rate and employment level without the minimum wage.
Setting labor demand equal to labor supply, we have:
12 - p = 2p
Solving for p, we get:
p = 4
Substituting this back into either the demand or supply equation, we get the equilibrium employment level:
Q = 12 - 4 = 8
So, without the minimum wage, the equilibrium wage rate is $4 and the equilibrium employment level is 8.
With the minimum wage of $8, the quantity of labor supplied exceeds the quantity of labor demanded. This creates a surplus of labor, or unemployment, equal to:
Qs - Qd = 2p - (12 - p) = 3p - 12
Substituting the minimum wage of $8, we get:
Qs - Qd = 3(8) - 12 = 12
This means that 12 workers are willing and able to work at the minimum wage, but only 8 workers are actually employed.
So, the range of possible values for PS is the area between the supply and demand curves from a wage rate of $4 to $8, or the shaded area in the graph below:
(b) To maximize PS, the government should set the minimum wage at the equilibrium wage rate of $4. This is the wage rate at which the quantity of labor supplied equals the quantity of labor demanded, so there is no surplus of labor or unemployment. At this wage rate, all 8 workers are employed and PS is maximized. Setting the minimum wage above $4 would result in a surplus of labor and lower PS.
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Which of the following statements are accurate regarding currency value fluctuation? (Check all that apply.)
Central banks buy and sell large amounts of currency in order to affect the supply and demand of that particular currency.
Central banks allow most major currencies to fluctuate freely against one another.
The majority of currency value fluctuations are significantly less than 1%.
As supply of a currency increases, the price of the currency increases.
The assertions that central banks permit the majority of currencies to freely fluctuate against one another and buy and sell large quantities of currency to influence supply and demand. Option A and C are correct.
Since most major economies have floating exchange rates, currency fluctuations are inevitable. Exchange rates are influenced by a variety of things, such as a country's economic performance, inflation expectations, differential interest rates, capital flows, and so on.
The possibility that a company will incur financial losses as a result of currency fluctuations in international trade is known as foreign exchange risk. It is also known as currency risk, foreign exchange risk, and exchange rate risk. It is the possibility that a change in the relative value of the involved currencies could lower the value of an investment.
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A healthy hot dog was difficult for Tim Roush to market because:It tasted badIt was green in colorProspective consumers assumed a hot dog couldn’t be healthy and tastyIt had no actual health benefits in relation to regular hot dogsThe chosen marketing strategy was misguided
Prospective consumers assumed a hot dog couldn’t be healthy and tasty, and the chosen marketing strategy was misguided; furthermore, the hot dog tasted bad, had no actual health benefits in relation to regular hot dogs.
Marketing a healthy hot dog was a challenging task for Tim Roush due to several factors. Firstly, the taste of the hot dog was not up to par with consumer expectations, making it difficult to gain a loyal customer base.
Secondly, the green color of the hot dog was unusual, and many potential customers may have been put off by its appearance.
Thirdly, there was a common perception that a hot dog could not be both healthy and tasty, and this made it difficult for Roush to convince consumers otherwise. Finally, the marketing strategy chosen for the healthy hot dog was misguided, as it did not highlight any actual health benefits in comparison to regular hot dogs.
To overcome these challenges, Roush could have focused on improving the taste of the hot dog and introducing a variety of flavors to cater to different preferences.
He could also have considered changing the color of the hot dog to make it more appealing to consumers. Additionally, he could have emphasized the health benefits of the hot dog in his marketing strategy, such as its lower fat and sodium content compared to regular hot dogs.
By taking these steps, Roush could have made his healthy hot dog more attractive to potential customers and overcome the obstacles in marketing it effectively.
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Based on the given statement, it appears that the primary reason why it was difficult for Tim Roush to market the healthy hot dog was that prospective consumers assumed a hot dog couldn't be both healthy and tasty.
This suggests that there was a perception among consumers that hot dogs were inherently unhealthy and that a healthy version would not be able to match the taste of a regular hot dog.
The fact that the healthy hot dog had no actual health benefits in relation to regular hot dogs may have also made it challenging to market, as consumers may not have seen the point in choosing a more expensive and less tasty option that offered no additional health benefits.
It is unclear from the statement whether the healthy hot dog actually tasted bad or whether the green color had a negative impact on consumer perceptions. However, the chosen marketing strategy may have also contributed to the difficulty in marketing the product, suggesting that the strategy was misguided. It is not clear from the statement what the specific marketing strategy was and how it may have contributed to the product's lack of success.
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Bernard's Bee's sells local, organic honey. They believe they can increase sales volume by 15% by renting space and selling their honey at a nearby farmers' market. The cost of the rental space at the farmers' market is $40 per month. Last month, they sold 100 jars of honey for $12 per jar, unit variable cost was $6.60 per jar, and fixed costs were $200 per month. What change in net income would the company achieve next month if this plan is implemented and unit selling price and unit variable costs do not change?
A : An increase of $41.
B : An increase of $81.
C : A decrease of $81.
D : A decrease of $41.
B : An increase of $81. Bernard's Bee's current monthly revenue is ($12 x 100) = $1200, based on the facts supplied. The overall monthly cost is the sum of the variable and fixed costs,
which equals $860 (($6.60 x 100) + $200). As a result, the current monthly net income is $340 ($1200 - $860). The monthly cost would rise to ($40 + $200) = $240 if the firm rented space at the farmers' market. The firm would sell 115 jars of honey the next month if sales volume increased by 15%, resulting in monthly revenue of ($12 x 115) = $1380. The total monthly cost is $956 (($6.60 x 115) + $240). As a result, the new plan's monthly net income would be ($1380 - $956) = $424. The difference in net income would be ($424 - $340) = $84, which is not one of the options provided. However, the closest option is B, which suggests an increase of $81. Therefore, the answer is B, an increase of $81.
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Stock Y has a beta of 1.45 and an expected return of 16.3 percent. Stock Z has a beta of .90 and an expected return of 12.6 percent. What would the risk-free rate have to be for the two stocks to be correctly priced relative to each other?
Answer:
risk free rate= 6.55%
Explanation:
expected return= risk-free rate +Beta*(Market rate- risk-free rate )
Stock Y
16.3=Rf+1.45(Rm-Rf)
16.3=1.45Rm-0.45Rf
Rm=(16.3+0.45Rf)/1.45
Stock Z
12.6=Rf+0.9*(Rm-Rf)
12.6=0.9Rm+0.1Rf
12.6=0.9(16.3+0.45Rf)/1.45+0.1Rf
risk free rate=(12.6-10.11724138)/(0.279310344+0.1)
risk free rate= 6.55%
could someone explain to me what the money market in Italy is, thank you all
Explanation:
Two main markets comprise the Borsa Italiana: the Mercato Telematico Azionario (MTA), which is the segment for mid- and large-size companies; and the AIM Italia, which was established in 2009 to cater for high growth small and medium enterprises needing more flexibility around the reporting and governance requirements.
How does social distancing and stay-at home measures change our buying behavior(s)?
Answer:
we have to socal distance and then we get annoyed and upset when someone gets in our space
Other things equal, relatively poor countries tend to grow a. slower than relatively rich countries; this is called the poverty trap.
b. slower than relatively rich countries; this is called the Malthus effect.
c. faster than relatively rich countries; this is called the catch-up effect.
d. faster than relatively rich countries; this is called the constant-returns-to-scale effect.
Other things being equal, relatively poor countries tend to grow slower than relatively rich countries. This is referred to as the poverty trap.
There are various reasons why poor nations experience this phenomenon. The primary explanation is that these nations lack the necessary infrastructure and resources to invest in capital goods, education, and technology. As a result, they cannot compete with wealthy nations in terms of productivity and growth.
A poverty trap is a scenario in which poor countries remain in a state of poverty because they lack the capital, technology, and knowledge necessary to break out of it. Relatively poor countries often have low levels of education, poor infrastructure, inadequate health care, and high rates of population growth. Furthermore, they may lack access to international markets, resulting in a lack of opportunities to sell their goods and services abroad.
Another factor that contributes to the poverty trap is the fact that poor countries often have high levels of corruption, which makes it difficult to attract foreign investment. Corruption also undermines the rule of law, making it more difficult for entrepreneurs to start and expand their businesses. Additionally, poor countries often have weak institutions that are unable to enforce contracts, protect property rights, and maintain social order.
These factors combine to create an environment that is hostile to economic growth and development.Therefore, it can be concluded that relatively poor countries tend to grow slower than relatively rich countries. This is called the poverty trap, which is caused by a combination of factors such as inadequate infrastructure, low levels of education, high levels of corruption, and weak institutions. These factors make it difficult for poor countries to attract investment and compete with wealthier nations.
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Percy’s gpa is 2.75, so he should list it on his résumé. truefalse
Answer: true
Explanation: you should always list your gpa on your resume
Todd, a travel agent, lost his job due to no need for his skill. This is an
example of what type of unemployment?
A. Cyclical unemployment
O
B. Voluntary unemployment
C. Structural unemployment
D. Frictional unemployment
in rokeach’s model of values, terminal values serve as a guide for telling individuals what they would like to attain; instrumental values tell them how to get there.truefalse
True, in rokeach’s model of values, terminal values serve as a guide for telling individuals what they would like to attain; instrumental values tell them how to get there.
Terminal values are the end-states that an individual aspires to with great fervour, such as "a pleasant life," "freedom," or "salvation." The terminal values of each person's values complex vary from one another. The ultimate, ideally-wished-for states of existence are known as terminal values. Security for the family, liberty, and equality are a few examples of terminal ideals. Being sincere, autonomous, intelligent, and logical are a few examples of instrumental values. Having success or developing one's profession are examples of terminal ideals that people strive to reach in life. Goals are achieved using instrumental values. Aim, honesty, self-sufficiency, and bravery are examples of instrumental virtues.
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Real GDP, deflator and percent changes. Consider an economy in which only mangos and carrots are produced. You have the following information: In year 1,2 million pounds of mangos are produced and sold at \$4 per pound. In year 1,3 million pounds of carrots are produced and and sold at $1 per pound. In year 2,4 million pounds of mangos are produced and sold at $1 per pound. In year 2,1 million pounds of carrots are produced and sold at $10 per pound. Calculate the GDP price deflator for year 1 using year 2 as base year (Def2 1 ). a. 30.4 b. 36.4 c. 32.4 d. 38.4 e. 34.4 QUESTION 31 Real GDP, deflater and percent changes. Consider an economy in which only mangos and carrots are produced, You have the following information: In year 1,2 million pounds of mangos are produced and sold at $4 per pound. in year 1,3 milion pounds of carrots are produced and and sold at $1 per pound. in year 2,4 million pounds of margos are produced and sold at \$1 per pound. in year 2, 1 million pounds of carrots are produced and sold at $10 per pound. Calculate the GDP price deflator for year 2 using yoar 2 as base year (De? 2 2). a. 160 b. 140 c 100 d 60 120
The GDP price deflator for year 1 using year 2 as the base year (Def12) is approximately 34.4 (rounded to one decimal place). The correct answer is (e) 34.4.
We must follow these steps in order to calculate the GDP price deflator for year one using year two as the base year (Def12):
Step 1: Determine the nominal GDP for the first year.
Nominal GDP = (Quantity of Mangos in Year 1 - Price of Mangos in Year 1) + (Quantity of Carrots in Year 1 - Price of Carrots in Year 1) Nominal GDP = (2 million pounds at a price of less than $4 per pound) + (3 million pounds at a price of less than $1 per pound) Nominal GDP = $8 million plus $3 million Nominal GDP = $11 million Step 2: Determine the real GDP for the first year.
Genuine Gross domestic product = (Amount of Mangos in year 1 × Cost of Mangos in year 2) + (Amount of Carrots in year 1 × Cost of Carrots in year 2)
Genuine Gross domestic product = (2 million pounds × $1 per pound) + (3 million pounds × $10 per pound)
Genuine Gross domestic product = $2 million + $30 million
Genuine Gross domestic product = $32 million
Stage 3: Determine the GDP price deflator for the first year.
Gross domestic product deflator = (Ostensible Gross domestic product/Genuine Gross domestic product) × 100
Gross domestic product deflator = ($11 million/$32 million) × 100
Gross domestic product deflator = 34.375
Subsequently, the Gross domestic product cost deflator for year 1 involving year 2 as the base year (Def12) is around 34.4 (adjusted to one decimal spot).
The answer that is best is (e) 34.4.
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Please help, <3
Analyze two pricing strategies for their advantages and disadvantages and give reasons for a business to use each of those pricing strategies.
hope it helps
Which forecasting method assumes that next period,s forecast is equal to this period's actual value?-Basic -Linear regression -Simple mean -Exponential smoothing -Naïve
The naive forecasting method assumes that next period's forecast is equal to this period's actual value.
The nave forecasting approach makes the erroneous assumption that the forecast for the following period will match the actual value for the current period. Due to its presumption that the future will be the same as the present, this approach is also known as the "no-change" approach. The present value is utilized as the projection for the following period since it is based on the idea that recent performance is a good indicator of future performance.
In situations where there isn't a clear trend or seasonal characteristics that may be used for more precise forecasting, the naive method is a plain and easy approach that can be helpful. This technique is helpful for making short-term predictions and can serve as a foundation for more complex techniques.
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nike owns equipment that cost $98,300 with accumulated depreciation of $67,200. nike asks $36,200 for the equipment but sells the equipment for $33,800. compute the amount of gain or loss on the sale.
There is a $2800 gain on the sale if Nike sells the equipment for $33,800.
Salvage value can be described as the estimated value of an asset after depreciation. It can be calculated by subtracting the accumulated depreciation from the initial cost. In this case, Nike owned the equipment that cost $98,300 with accumulated depreciation of $67,200, therefore the salvage value can be calculated as follows;
salvage value = $98,300 - $67,200 = $31,000
Now the amount of gain or loss on the sale can be calculated by subtracting the salvage value from the selling price of the equipment which in this case is $33,800, therefore;
amount of gain or loss = $33,800 - $31,000
amount of gain or loss = $2800
Therefore the amount computed on the sale is a gain of $2800.
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An in-store computer used to apply for a job is called:
an online application.
a paper application.
an automated interviewer.
a hiring kiosk.
Answer:
a hiring kiosk.
or placing trade restrictions on other countries to shield domestic industries from
competition, takes many forms.
are taxes imposed on imported goods and services.
place limits on the amount of a good that can be imported from a particular country.
Early in the twentieth century, the United States imposed
Y agricultural
goods. While this measure protected US farmers, it caused European governments to impose
tariffs
on US products. Heavy tariffs on imports led to a drastic decline in international trade, which further weakened the
global economy and aggravated the Depression.
Today, some US workers believe the government should
protectionism to protect their industries from
foreign competition and prevent job
in the United States. This thought is shared by
some business owners as well.
Answer: protectionism, tariffs, quotas, tariffs, European,
retaliatory, increase, cheaper, losses
Explanation: Plato / Edmentum
Steven and Sally have income from all sources (taxable and nontaxable) totaling $140,286. Their taxable income is $114,966. Their tax liability is $20,219. Their average tax rate rounded to the nearest whole number is
Answer:
Their average tax rate is approximately 18%
Explanation:
The tax rate is the percentage of taxable income a person or corporation is required to pay as tax
The average tax rate is the ratio of the amount paid as tax to the amount of taxable income expressed as a percentage
The given parameters are;
The total income of Steven and Sally = $140,286
The taxable income of Steven and Sally = $114,966
The tax liability of Steven and Sally = $20,219
Therefore;
Their average tax rate = (Their tax liability)/(Their taxable income)×100
Which gives;
Their average tax rate = ($20,219)/($114,966) ×100 ≈ 17.6%
Their average tax rate ≈ 18% to the nearest whole number.
If a location offers incentives for moving in, it may be a sign of
Question 6 options:
a thriving business.
problems.
bad plumbing.
Answer:
Below:
Explanation:
The Correct Answer Is "Gentrification."
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If a location is offering one incentives to move in then it might be a sign of problems.
Why are incentives offered?To convince one to do something that they might not ordinarily do. To convince one to overlook problematic aspects of an offer.If a location is therefore offering incentives, it could be because there are problems with the location that the seller wants the buyer to overlook.
In conclusion, option B is correct.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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1. What is the annual percentage rate (APR) for this credit card?
2. For cash advances what is the APR?
3. What three things would move the APR for the balance on this credit card to 28.99%?
4. What is the annual fee that customers are charged for holding this credit card?
5. If you decided to transfer the balance from another credit card to this credit card, what would be the fee charged?
a. What would be the APR charged for the transferred balance?
6. What is the fee for a cash advance?
7. If you use this credit card in a foreign country, what would be the fee on each transaction you made in the foreign country?
8. If you are late on making a payment, what would be the fee charged?
9. What would be the fee charged if you went over your credit limit?
Answer:
1. For purchases, the APR during an introductory period is either 8.99% or 10.99% or 12.99% depending on creditworthiness. After the introductory period the APR is 14.99%
2. Cash advance monthly rate changes based on what the Prime Rate is that month + 14.99% so if the prime rate is 3, add 14.99 to that so 17.99% of the amount received in cash. So if you take $200 cash advance, the amount charged at 17.99% would be 0.1799 x 200 =$35.98.
3. If the card holder does any of the following: makes a late payment, goes over their stated credit limit, make an account payment that is returned, or commit the afore mentioned acts on another account held by this same creditor the APR is then increased to 28.99%.
4. The annual fee charged for the credit card is $20.
5. The fee for a balance transfer is Either $5 or 3% of the amount that is transferred or $100 (whichever is greater) to this card from another account.
a. The APR charged for a balance transfer is 15.99%, but would vary based on the market Prime Rate.
6. Fee for cash advance is $5 or 3% of the amount of cash advance taken - whichever amount is largest.
7. 2% of the amount charged (in US dollars) in a transaction.
8. A late fee of $25 will be charged on an account with a balance of $999 or less. If the account balance if over $1000 the late fee of $35 will be charged and the APR will increase to 28.99%.
9. A fee of $29 is charged for accounts that exceed the credit limit in addition to an APR increase to 28.99%
Explanation: explanations are with the answers listed above.
ation in Business organizations
5
Select the correct answer.
Which phrase correctly defines the motives of a business?
OA. satisfying the needs of people
OB. helping a country's economy grow
OC. incurring expenses
OD. earning profits and providing value in the form of goods or services
Answer:
D. earning profits and providing value in the form of goods or services
Explanation:
Businesses are set-up to make profits. Entrepreneurs risk their resources, capital, and time with expectations to make a profit. For a business to be profitable, it must offer products or services that provide solutions to customers' problems. The reward or motivation that business people get for engaging in business is the profits realized.
Businesses face competition from other businesses offering the same products and services. To remain relevant and profitable, it must offer goods and services that give satisfaction to the customers.
A random variable follows a binomial distribution with a probability of success equal to 0.59. Find:
For a sample size of n=6, find: The probability of exactly 4 success
The expected value(mean)
The expected variance
If a random variable follows a binomial distribution with a probability of success equal to 0.59 then the expected variance is approximately equal to 1.468.
Given that a random variable follows a binomial distribution with a probability of success equal to 0.59.
We need to find the following values:
For a sample size of n = 6, find: The probability of exactly 4 successes The expected value(mean)The expected variance
The probability of exactly 4 successes
The probability of exactly 4 successes can be calculated by using the following formula:
P(X = k) = nCk * p^k * (1 - p)^(n - k)
Where, P = Probability of success
n = sample size
nCk = combination of k successes in n trials
Therefore, the probability of exactly 4 successes can be calculated as
P(X = 4) = 6C4 * 0.59^4 * (1 - 0.59)^(6 - 4) = 0.2676
The probability of exactly 4 successes is 0.2676.
The expected value (mean) The expected value (mean) of a binomial distribution is given by the formula: μ = np
where, μ = mean of the binomial distribution n = sample size p = probability of success
Therefore, the expected value is: μ = 6 * 0.59 = 3.54 The expected value (mean) is 3.54.
The expected variance of a binomial distribution is given by the formula: σ^2 = np(1 - p) where σ^2 = variance of the binomial distribution = sample size p = probability of success
Therefore, the expected variance is:σ^2 = 6 * 0.59 * (1 - 0.59)≈ 1.468
The expected variance is approximately equal to 1.468.
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