Yes, Mr. Fudd can withdraw his bid after all bids have been opened, but no winner has been declared.
This is because bids can be withdrawn if they are based on mistakes. The circumstances which may change this answer would be if Mr. Fudd's bid was fraudulent or misleading in some way. In such a case, the bid can not be withdrawn and will be considered valid regardless of the mistake.
Mr. Fudd can withdraw his bid if it was based on a mistake in his cost estimate. This is allowed because there is an implied representation of accuracy in any bid and mistakes can lead to a breach of contract. In addition, the courts recognize that mistakes can lead to an inability to perform the contract.
Thus, if Mr. Fudd discovers a mistake in his cost estimate after submitting his bid, he can withdraw it prior to the award of the contract.
The circumstances which may change this answer would be if Mr. Fudd's bid was fraudulent or misleading in some way.
If Mr. Fudd's bid is proven to be fraudulent or misleading, then he will not be allowed to withdraw the bid and it will remain valid. Additionally, if Mr. Fudd knew of the mistake prior to submitting the bid and concealed it, the bid may be binding.
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Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock. What is the value of each share if you calculate it as $1,000,000/2,000 =
Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock. What is the value of each share if you calculate it as $1,000,000/2,000 = 500
Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock. the value of each share if you calculate it as $1,000,000/2,000 = 500.
What is an initial public offering?An initial public offering (IPO) is the procedure of releasing fresh shares of stock to the public for the first time in a private firm. A corporation can raise equity funding from the general public through an IPO.
Since there is typically a share premium for current private investors, the transition from a private to a public company can be a crucial time for private investors to fully realize gains from their investment. Additionally, it enables public investors to take part in the offering.
An organization is regarded as private before an IPO. The firm has expanded with a very small number of owners as a pre-IPO private company, comprising early investors like the founders, family, and friends as well as qualified investors like venture capitalists or angel investors.
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Oceanview Marine Company Assessment of Acceptable Audit Risk December 31, 2015 A. Likelihood of Financial Difficulty (check one) Source W/P reference_____High probability that the company will successfully continue in business for at least two years and be able to pay its debts as they become due. Moderate possibility that the company will not successfully ontinue in business frat least two years and will be unable to pay its debts as they become due. High probabiliy ha the company will or saccstally cotinue in business for a kt High probability that the company will not successfully continue in business fr at least B. Extent of Reliance on Financial Statements (check one) statements are used primarily internally by management. Statements are used primarily by management to obtain normal business loans. Client is a widely-held public company, or other wide spread external use is highly probable. C. Management Integrity (check one)Management has high integrity. Management has moderate integrity. Management has low integrity. D. Other Consideration_______
Based on the provided information, it seems that Oceanview Marine Company underwent an assessment of acceptable audit risk on December 31, 2015.
The assessment includes several factors that are important in determining the level of risk associated with conducting an audit for this company.
One factor that is assessed is the likelihood of financial difficulty. The assessment indicates that there is a high probability that the company will successfully continue in business for at least two years and be able to pay its debts as they become due. This suggests that the company is financially stable and does not pose a high risk for an audit.
Another factor that is assessed is the extent of reliance on financial statements. The assessment indicates that the financial statements are primarily used internally by management, which suggests that there is a lower risk associated with conducting an audit.
Management integrity is also assessed as a factor in determining audit risk. The assessment indicates that management has high integrity, which is a positive indicator of the company's overall risk level.
Finally, the assessment includes a section for "other considerations," which may be relevant to determining the level of audit risk associated with this company. However, the information provided does not indicate what specific factors may be considered in this section.
In summary, based on the information provided, it appears that Oceanview Marine Company poses a relatively low risk for an audit, given its stable financial position, limited reliance on financial statements, and high level of management integrity.
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A stock will pay no dividends for the next 5 years. then it will pay a dividend of $8.82 growing at 3.4%. the discount rate is 8.83%. what should be the current stock price
The current stock price should be $107.57.
To calculate the current stock price, we need to use the dividend discount model:
P = D / (r - g)
Where:
P = current stock price
D = dividend payment
r = discount rate
g = dividend growth rate
Since the stock will not pay dividends for the next 5 years, the first dividend payment will be in year 6. So we need to calculate the present value of the future dividend payment:
D6 = D5 × (1 + g) = $8.82 × (1 + 0.034) = $9.10
\(PV(D6) = $9.10 / (1 + 0.0883)^5 = $5.91\)
Now we can use the dividend discount model to calculate the current stock price:
P = $5.91 / (0.0883 - 0.034) = $107.57
Therefore, the current stock price should be $107.57.
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in accounting, expenditures recorded as assets are said to be _____.
While training for best practices is a good example of Classical Management, it's also A. time saving B. time expensive C. waste reducing 4
Time saving is a good example of Classical Management . The division of labour is one benefit of the classical management method. Larger projects are divided into manageable, smaller jobs.
What is another name for classical management?Early in the 20th century, scientific management theory—also known as classical management theory—became widely accepted and placed a focus on raising employee productivity. The traditional theory of management, which Frederick Taylor developed, promoted a systematic examination of the tasks and the personnel in charge of them.
What is modern traditional management?The neoclassical theory is a broad adaptation of the classical theory that takes behavioural science into account when managing a company. According to this view, an organisation is a social system, and human actions have an impact on how well it functions.
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Which of these producer activities did you participate in this week? Check all that apply.
U
I served people at a restaurant, hotel, coffee shop, or other business.
I worked in a bank, library, or retail store.
I created art to be sold in an art show
I made a product
I did yard work or other chores for pay.
Answer:
2nd and 4th
Explanation:
Answer:
2 and 4
Explanation:
A computer game that can be purchased online and played right away has good _____utility.
A. Form
B. Information
C. Value
D. Time
Which of the following is NOT a problem caused by monopolies?
Select one:
Low quality
Fewer new products
Poor customer service
More competition
Answer:
Poor customer service
Explanation:
Poor customer service
A problem that is not caused by monopolies is More competition.Thus the correct answer is D.
What is a monopoly?A monopoly refers to a situation when the market of particular goods and services is captured by a single entity or owner and restricts entry by controlling the activities.
They aim at limiting the amount produced for the market, which leads to charging more. This results in cutting back on economic welfare and consumer surplus.
As they are the single seller in the market which shows that there is no competition in the market, who challenges them. The problem of more competition is not caused by monopoly.
Therefore, Option D is appropriate.
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which functional area is largely responsible for spanning the boundary of the organization to interact with customers?
The functional area that is largely responsible for spanning the boundary of the organization to interact with customers is the marketing department.
Marketing is a crucial functional area that is responsible for creating and delivering value to customers. The marketing department is responsible for identifying customer needs and wants, developing products and services that meet those needs, pricing those products and services appropriately, and promoting them effectively to customers.
Marketing is a customer-centric functional area that works to understand the needs, preferences, and behavior of customers and create strategies to meet those needs effectively. The marketing department interacts with customers through various channels, such as advertising, social media, email marketing, and customer service. The goal of these interactions is to build strong relationships with customers, increase customer loyalty, and ultimately drive sales and revenue for the organization.
Marketing is an essential functional area in any organization that wants to succeed in today's competitive marketplace. It requires a deep understanding of customer behavior, market trends, and industry best practices.
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Which mynav module serves as the source for sales and delivery content, assets, and intellectual property across industries?
The mynav module that serves as the source for sales and delivery content, assets, and intellectual property across industries is: Accenture mynav.
What is Accenture myNav?Accenture myNav is a platform that enables a company or an organization to choose their cloud architecture.
Accenture myNav is important for companies as it serve as an intellectual property across industries.
Therefore Accenture mynav module that serves as the source for sales and delivery content.
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What is a system in which the government plans and determines the production of goods and services?.
A command economy is an economic system in which the government plans and determines the production of goods and services.
What is a command economy ?A command economy is a crucial component of a political system in which the degree of output that is permitted and the prices that may be paid for products and services are set by a central governing body. Most industries are owned by the public.The principal alternative to a command economy is a free market economy where supply and demand determine prices and output.A communist political system includes a command economy, whereas capitalist countries have a free market.In a command economy, the central authority establishes the amount of output, manages the flow of products, and sets the pricing.Government control, as opposed to private enterprise, according to proponents of command economies, can guarantee a just distribution of commodities and services.Learn more about Command economy refer :
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Which of the following is a benefit
of taking out a short-term debt?
A. Less flexibility.
B. Less time to pay the debt off.
C. Lower interest rates.
Lower interest rates are a benefit of taking out short-term debt.
A hobby price is the amount of hobby due consistent with duration, as a percentage of the amount lent, deposited, or borrowed (called the major sum). The total interest on an amount lent or borrowed depends at the most important sum, the interest charge, the compounding frequency, and the length of time over which it is lent, deposited or borrowed. The annual interest charge is the rate over a length of twelve months. Other hobby charges are practice over exclusive periods, which include a month or an afternoon, but they're generally annualized. The interest fee has been characterized as "an index of the desire . . . For a greenback of present [income] over a greenback of destiny profits."[1] The borrower wishes, or desires, to have cash quicker as opposed to later, and is willing to pay a fee—the interest charge—for that privilege.
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Sales returns and allowances are reported on the ______.
Sales returns and allowances are reported on the Income Statement.
What is the income statement?The income statement is a financial statement wherein the sales revenue and cost of goods sold and operating expenses are summarized in order to obtain the net income.
When reporting the sales returns and allowances on the income statement, they are subtracted from the gross sales to arrive at the net sales.
Thus, sales returns and allowances are reported on the Income Statement.
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You are planning to save for retirement over the next 15 years. To do this, you will invest $1,100 a month in a stock account and $500 a month in a bond account. The return on the stock account is expected to be 7 percent, and the bond account will pay 4 percent. When you retire, you will combine your money into an account with a 5 percent return. How much can you withdraw each month during retirement assuming a 20-year withdrawal period?.
You are planning to save for retirement over the next 15 years. To do this, you will invest $1,100 a month in a stock account and $500 a month in a bond account.
You are planning to save for retirement over the next 15 years. To do this, you will invest $1,100 a month in a stock account and $500 a month in a bond account. The return on the stock account is expected to be 7 percent, and the bond account will pay 4 percent. When you retire, you will combine your money into an account with a 5 percent return. How much can you withdraw each month during retirement assuming a 20-year withdrawal period.
step 1, find the future value of your deposits
Find fv of stocks, pmt=-1100, i=7/12, n=15*12=180, and compute fv=348658.53 as below
FV = PV[(1+r)^n - 1] / r
= 1100 [(1+0.005833333)^180 - 1 ]/ 0.005833333
= 348658.5264
Find fv of bond, pmt=-500, i=4/12, n=15*12=180, and compute fv=123045.24
FV = PV[(1+r)^n - 1] / r
= 500 [(1+0.003333333)^180 - 1 ]/ 0.003333333
= 123045.2441
This gives a total of 471703.77.
Use this fv as the new pv in 15 years and solve for payment. pv=471703.77, n=20*12=240, i=5/12, fv=0, and compute the pmt = 3113.04
PV = P [(1 - (1+r)^-n] / r
471703.77 = P [(1 - (1+0.004167)^ -240] / 0.004167
471703.77 = P * 151.5253
P = 471703.77 / 151.5253
P = 3113.036 i.e. 3113.04
Retirement refers to the time of life when one chooses to permanently leave the workforce behind. The traditional retirement age is 65 in the United States and most other developed countries, many of which have some kind of national pension or benefits system in place to supplement retirees' incomes. Retirement is the most happiest thing to an employee in an organization .
Full retirement age is when an individual can collect the maximum amount of Social Security benefits, which is typically age 67 if you were born in 1960 or later. However, Social Security benefits are reduced for those who decide to retire early.
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Why is it important for a company to have structure?:
Answer: Organizational structure provides guidance to all employees by laying out the official reporting relationships that govern the workflow of the company. A formal outline of a company's structure makes it easier to add new positions in the company, as well, providing a flexible and ready means for growth.
Explanation:
What is the interest owed on a loan of $100 at 10% for 3 months?
Answer:
$2.50
Explanation:
The information is somewhat incomplete. It does not state whether simple or compound interest which could make a difference
I am assuming simple interest
The formula for simple interest is
I = Prt
where I is interest
P is amount of loan
r is annual rate of interest expressed as a decimal
t = number of years
We are given
P = $100
r = 10$ = 10/100 = 0.10
t = 3 months = 3/12 year = 1/4 th of a year
I = 100 x 0.10 x 1/4 = $2.50
______ can be identified as a long-term plan for how to compete effectively in a specific market by meeting customers' as well as stakeholders' needs.
Answer: Organizational strategy
Explanation:
Organizational strategy can be identified as a long-term plan for how to compete effectively in a specific market by meeting customers' as well as stakeholders' needs.
For a company to achieve its goals and visions, it is necessary for such company to have an organizational strategy in place which will give the company the needed guide in order to achieve its objectives.
You have examined photographs of Hoovervilles in different states. What do they show about life in Hoovervilles all across the country?In one or two sentences, explain what the photographs say about how people adjusted to Hooverville life.
Hooverville residents did the best they could under difficult circumstances. Hooverville residents formed their own communities and learned to fend for themselves. Hooverville residents tried to make their towns and lives as normal as possible.
Life in the Hoovervilles became pretty tough and those tried their first-class to get via as they may.
Life in Hoovervilles usually shared certain characteristics which include.
A resident dwelling in unsanitary situations
citizens being pressured to beg or depend upon charity for food
Hoovervilles have been created in the course of the top notch depression as thousands and thousands of human beings misplaced their jobs and have become too terrible to have enough money right housing. As a end result, they created ghettos where they could live on temporarily.
Living in these ghettos become difficult due to the fact:
situations were unsanitary - the housing was now not constructed as much as the proper wellknown and sewage systems were missing. This caused very unsanitary conditions and caused disorder.
food became scarce - the ones living within the ghetto have been normally unemployed and could not come up with the money for meals so they needed to beg for it from other people in addition to approach charitable businesses.
life is the belongings that distinguishes count with and with out biological tactics, such as signaling and self-sustaining methods, and is described by way of its ability for boom, response to stimuli, metabolism, electricity conversion, and duplicate.
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What section of the economy is the largest employer
Answer: public schools in the us
Explanation: 6,646,292...
CalebCorp expects to pay the following dividends on its stock: $3.00 in year 1, $3.50 in year 2, zero dividends in year 3, and $4.50 in year 4. The company expects that dividends will grow at 6.5% annually thereafter. What will you pay for a share of CalebCorp stock if your required rate of return is 10%?
To find the price of a share of CalebCorp stock, we need to use the Dividend Discount Model (DDM). The DDM is a method used to value a company's stock based on the present value of its expected future dividends. The formula for the DDM is:
P0 = (D1 / (1 + r)^1) + (D2 / (1 + r)^2) + (D3 / (1 + r)^3) + ... + (Dn / (1 + r)^n)
Where:
P0 = the current stock price
D1, D2, D3, ... Dn = the expected dividends for each year
r = the required rate of return
Using the information provided in the question, we can plug in the values for the expected dividends and the required rate of return into the formula:
P0 = ($3.00 / (1 + 0.10)^1) + ($3.50 / (1 + 0.10)^2) + ($0.00 / (1 + 0.10)^3) + ($4.50 / (1 + 0.10)^4) + (($4.50 * 1.065) / (0.10 - 0.065)) / (1 + 0.10)^4
P0 = $2.73 + $2.89 + $0.00 + $3.09 + $82.99
P0 = $91.70
Therefore, the price you will pay for a share of CalebCorp stock is $91.70.
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if the firm's current employees are well-trained in their jobs, but also have other knowledge, skills, and abilities, these employees have
If the firm's current employees are well-trained in their jobs and possess additional knowledge, skills, and abilities, they are considered to be a valuable asset to the organization.
Such employees can provide unique perspectives and contribute to the growth and success of the firm. For instance, an employee who is well-versed in a foreign language may be able to communicate with international clients or collaborate with foreign business partners. An employee with excellent analytical skills can help the company analyze data and make informed decisions. An employee who is skilled in project management can oversee and execute projects effectively. Having employees with diverse knowledge, skills, and abilities can also increase the firm's flexibility and adaptability to change. Such employees can quickly adapt to changing market trends, implement new technologies, and explore new business opportunities. Therefore, firms that prioritize training and development of their employees and encourage them to acquire new knowledge, skills, and abilities can improve their competitiveness, innovation, and success in the long run.
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What type of forces is acting on an object that prevents the object from moving? (2 points) a Balanced forces b Friction forces c Gravity forces d Unbalanced forces
Answer:
Friction
Explanation:
Friction is a force that resists relative motions of solid surfaces, etc
You have $110,000 to invest. You choose to put $160,000 into the market by borrowing $50,000.
a. If the risk-free interest rate is 4% and the market expected return is 11% what is the expected return of your investment?
b. If the market volatility is 10%, what is the volatility of your investment?
The expected return of investment is 9.68% and the volatility of investment is 7.6%.
a. Expected return of investment:
The expected return of investment can be calculated using the formula:
Expected return = Risk-free rate + Beta * (Market return – Risk-free rate)
Here, Beta = (Amount invested in the market / Total amount invested)
Beta = (160,000 / 210,000)
Beta = 0.76
Expected return = 4% + 0.76 * (11% – 4%)
Expected return = 9.68%
Therefore, the expected return of investment is 9.68%.
b. Volatility of investment:
The volatility of investment can be calculated using the formula:
Volatility of investment = Beta * Market volatility
Here, Beta = 0.76
Market volatility = 10%
Volatility of investment = 0.76 * 10%
Volatility of investment = 7.6%
Therefore, the volatility of investment is 7.6%.
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A. Where and when was the first CPK created? By whom?
B. What was their concept?
C. How many locations did CPK have in 2007?
D. What percentage of the stores were in California?
E. Why was the casual dining model a success?
F. What are CPK's three sources of revenue?
The first California Pizza Kitchen (CPK) was created in Beverly Hills, California in 1985 by lawyers Rick Rosenfield and Larry Flax.
The concept behind CPK was to provide innovative and high-quality pizzas using non-traditional ingredients, such as barbecue chicken and Thai peanut sauce.
In 2007, CPK had 213 locations worldwide. Around 70% of CPK's stores were located in California in 2007.
The casual dining model was a success for CPK because it allowed them to provide a more relaxed atmosphere for customers while also offering a unique and diverse menu.
CPK's three sources of revenue are dine-in sales, take-out and delivery sales, and franchise fees.
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interest groups are key stakeholders in the policy-making process. identify a public health related or health care related interest group and describe their role in the policy-making process. to what degree have you been involved in the policy-making process, either through interest groups or as an individual? describe your experience.
One example of a health care-related interest group is the American Medical Association (AMA) that is stakeholder. The AMA plays a significant role in the policy-making process by advocating for the interests of physicians and promoting policies that advance public health and improve the health care system. They engage in lobbying efforts, provide expert opinions, and collaborate with policymakers to shape health care policies at the local, state, and national levels.
The American Medical Association (AMA) is a prominent interest group representing physicians and medical professionals in the United States. Their role in the policy-making process involves influencing health care legislation and advocating for policies that align with their mission of promoting public health and improving patient care.
The AMA actively engages in lobbying activities, participating in hearings and providing expert testimonies to inform policymakers about the potential impact of proposed policies on the medical profession and patient outcomes. They also conduct research, publish policy papers, and collaborate with other stakeholders to shape health care policies that address pressing issues and ensure the delivery of high-quality care.
However, individuals can participate in the policy-making process through various means. This can include joining or supporting interest groups, attending public hearings or town hall meetings, writing to or meeting with elected officials, participating in public consultations, or even running for political office.
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x corporation discovers that a product it manufactures has exposed its employees to asbestos for decades. it must decide what to do with this information. if it suppresses its discovery, the business will remain successful and the company's owners will continue to profit, but current and former employees will continue to endure negative health effects. according to josephson's core values model for ethical decision-making, what should x corporation do next? evaluate how likely the corporation is to successfully suppress this information and determine the consequences of being caught. determine if the benefits to the owners from suppressing the information outweigh the consequences to employees, or if the reverse is true. evaluate whether the decision to suppress the information would satisfy any core values and contrast it to other possible decisions. decide which core values are at stake in the decision to suppress the information and rank them in order of importance
Based on the fact that x corporation discovers that a product it manufactures has exposed its employees to asbestos for decades, it must decide what to do with this information. if it suppresses its discovery, the business will remain successful, the best decision to take that would be ethical would be to determine if the benefits to the owners from suppressing the information outweigh the consequences to employees, or if the reverse is true.
What is an Ethical Decision?This refers to the term that is used in order to show the decision that is taken by a person, group or organization that is fair and right and proper to all parties involved.
Hence, it can be seen that based on the given scenario, it is discovered that x corporation discovers that a product it manufactures has exposed its employees to asbestos for decades, according to josephson's core values model for ethical decision-making,, it should be investigated to check if the benefits outweighs consequences.
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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
What is the difference between exempt and nonexempt jobs?
CAN SOMEONE WITH SOME BUSINESS KNOWLEDGE HELP ME PLEASE!
The main business functions and their roles.
Review questions
1. Which business function is concerned with ensuring that products are produced to meet the quality standards expected by customers?
2. Name the business function involved in developing and selling products that meet customer needs.
3. Which sector is involved in making sure that the company has the employees it needs to run its operations?
4. Which business function is responsible for ensuring that the company has the funds it needs to carry out its operations?
5. Which business department is responsible for ensuring that employees are adequately compensated (salary-wage)?
6. Name the business function that must ensure that the correct quantity of a good or service is produced.
7. Which sector is responsible for researching and determining the wants and needs of different groups of consumers?
8. The management of the company wants to provide an extra benefit to its employees, other than a salary increase, for example, offering cafeteria and/or cafeteria service. What type of information should be consulted with each sector (HR, OPERATIONS, FINANCE AND MARKETING)?
THANK YOU FOR AT LEAST READING IT
Answer:
marketing is the business functions involved in developing and selling products that meet customer's need.
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