A 20-year bond priced to have an annual effective yield of 10% has a Macaulay duration of 11. Immediately after the bond is priced, the market yield rate increases by 0.25%. The bond's approximate percentage price change, using a first-order Macaulay approximation, is X. Calculate X.
Answers
Answer:
-2.50%
Explanation:
Calculation for X
Using this formula
X=Change in price/0ld price*100
Let plug in the formula
X=-P(0.10)(11/1.10)(0.0025)/P(0.10)*100
X=-P(0.10)(10)(0.0025)/P(0.10)*100
X=-2.50%
Therefore X is -2.50%
Related Questions
1. Complete the following financial statements of Omega Company on the basis of the ratios given below.
omega company Income Statement for the year ended June 30 2001
Sales 2000000
Cost of Goods sold 600000
Gross profit 1400000
Operating Expenses. 1190000
Earning Before Interest and Tax. ? Debenture Interest. 10000
Income Tax. ?
Net Profit ?
Omega Company Income Statement For the year ended June 30 2001
Assets liabilities
Cash ? sundry creditors 60000
Stocks ? 10% debentures ?Debiors. ? Total liabilities. ?
total Current Assets ? reserve and surplus ?
Fixed Assets. ? share capital ?
Total Assets total liability and equity ?Additional Information
A. Net Profit to Sale Times 5%
B. Current Ratio. 1.5
C.Return on Net Worth 20%
D. Inventory Turnover 15
E Share Capital to Reserve 4:1
F. Tax Rate 50%
Answers
To complete the financial statements of Omega Company for the year ended June 30, 2001, we can use the provided ratios and additional information.
A. Net Profit to Sales Ratio = 5%
Net Profit = Net Profit to Sales Ratio * Sales
Net Profit = 0.05 * $2,000,000 = $100,000
B. Current Ratio = 1.5
Current Assets = Current Ratio * Total Liabilities
Total Liabilities = $60,000 (sundry creditors)
Current Assets = 1.5 * $60,000 = $90,000
C. Return on Net Worth = 20%
Net Worth = Net Profit / Return on Net Worth
Net Worth = $100,000 / 0.2 = $500,000
D. Inventory Turnover = 15
Cost of Goods Sold = Sales / Inventory Turnover
Cost of Goods Sold = $2,000,000 / 15 = $133,333
E. Share Capital to Reserve Ratio = 4:1
Share Capital = (4 / 5) * Reserve and Surplus
Share Capital = (4 / 5) * Net Worth = (4 / 5) * $500,000 = $400,000
Reserve and Surplus = $500,000 - $400,000 = $100,000
F. Tax Rate = 50%
Income Tax = Tax Rate * Net Profit
Income Tax = 0.5 * $100,000 = $50,000
Now we can complete the financial statements:
Omega Company Income Statement for the year ended June 30, 2001:
Sales: $2,000,000
Cost of Goods Sold: $600,000
Gross Profit: $1,400,000
Operating Expenses: $1,190,000
Earnings Before Interest and Tax: $210,000 (Gross Profit - Operating Expenses)
Debenture Interest: $10,000
Income Tax: $50,000
Net Profit: $100,000 (Earnings Before Interest and Tax - Debenture Interest - Income Tax)
Omega Company Balance Sheet as of June 30, 2001:
Assets:
Cash: To be determined
Stocks: To be determined
Debtors: To be determined
Fixed Assets: To be determined
Total Assets: To be determined
Liabilities:
Sundry Creditors: $60,000
10% Debentures: To be determined
Total Liabilities: To be determined
Equity:
Share Capital: $400,000
Reserve and Surplus: $100,000
Total Liability and Equity: To be determined
Please note that the values for Cash, Stocks, Debtors, Fixed Assets, 10% Debentures, Total Assets, Total Liabilities, and Total Liability and Equity need to be provided in order to complete the financial statements accurately.
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Credit cards and charge cards differ in two important ways.one is the method of payment.what is the other difference
Answers
While credit cards and charge cards may seem similar on the surface, there are important differences in their method of payment, impact on credit scores, and rewards programs
Credit cards allow users to carry a balance from month to month, while charge cards require the balance to be paid off in full each month.
The second difference between credit cards and charge cards is the way in which they impact credit scores. Credit cards are reported to credit bureaus and can have a positive or negative impact on a user's credit score depending on their payment history and credit utilization.
Charge cards, on the other hand, are not reported to credit bureaus in the same way that credit cards are. Instead, they are typically only reported if the user fails to pay the balance in full each month, which can negatively impact their credit score.
Another important distinction between credit cards and charge cards is the types of rewards and benefits they offer. Many credit cards offer rewards programs, such as cash back, airline miles, or points for purchases. Charge cards may offer similar benefits, but typically have higher annual fees and stricter requirements for eligibility.
In conclusion, It's important for users to carefully consider their needs and financial situation before choosing between the two.
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HELP PLEASE!!
Which tax is not used to immediately benefit
the person that is actually paying it right now?
A. state tax
B. social security tax
C. local tax
D. federal tax
Answers
Answer:
The answer would be Social Security Tax, hence it is not needed to immediately benefit said person, rather pay now and benefit later
Journalise the followung transactions.
Oct. 1. Paid rent for the month, $3,600.
3. Paid advertising expense, $1,200.
5. Paid cash for supplies, $750.
6. Purchased office equipment on account, $8,000.
10. Received cash from customers on account, $14,800.
15. Paid creditors on account, $7,110.
27. Paid cash for miscellaneous expenses, $400.
30. Paid telephone bill (utility expense) for the month, $250.
31. Fees earned and billed to customers for the month, $33,100.
31. Paid electricity bill (utility expense) for the month, $1,050.
31. Withdrew cash for personal use, $2,500.
Answers
Answer:
Explanation:
S/No Date Transaction Dr($) Cr($)
1 Oct.1 Rent Expense 3,600
Cash 3,600
2. Oct.3 Advert. Expenses 1,200
Cash 1,200
3. Oct.5 Supplies 750
Cash 750
4 Oct.6 Office equipment 8000
Accounts Payable 8,000
5 Oct.10 Cash 1 4,800
Accounts receivable 14,800
6 Oct.15 Accounts payable 7,110
Cash 7,110
7. Oct.27 Miscellaneous 400
Cash 400
8 Oct.30 Utilities Expenses 250
Cash 250
9 Oct 31 Accounts receivable 33,100
Fees earned 33,100
10 Oct.31 Utility Expense 1,050
Cash 1050
11 Oct.31 Drawings 2,500
Cash 2,500
construction loan avoidable interest
Answers
Avoidable interest serves as one that is used in the estimation of interest without expenditure.
What is an avoidable interest?Avoidable Interest can be regarded as the computation that can be used to find the interest when trying to avoid expenditures .
To calculate the Avoidable interest , the equation that can be used is
(the weighted average accumulated expenditures ) *( the proper interest rate)
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What do you think the curves would look like in the next 100 years?
Answers
Answer:The last 100 years have seen a massive fourfold increase in the population, due to medical advances, lower mortality rates, and an increase in agricultural productivity made possible by the Green Revolution.
Amber’s starting salary for her new job will be $35,500 a year. How much will she pay to the Social Security system for her first year assuming total FICA withholdings of 7.65%?
Answers
Answer:
I dont know the answer but I want whatever job she has
Match each organization and agreement with the phrase that best describes it.
is a regional organization that promotes
growth in Southeast Asia
EU
establishes a shared economy with a
common currency
ASEAN
is an international organization that
works to promote fair-trade practices
WTO
creates a free-trade zone between
Canada, the US, and Mexico
NAFTA
Answers
Answer:
see below
Explanation:
ASEAN : Is a regional organization that promotes growth in Southeast Asia. ASEAN is short for the Association of Southeast Asian Nations. Its primary objective is to accelerate economic growth, promote peace, social integration, and cultural development in Southeast Asia.
EU: Establishes a shared economy with a common currency.
The (EU) European Union is composed of 27 member states that are located in Europe. EU is political and economic union that has created a single market by eliminating border restrictions and the creation of a common currency.
WTO : An international organization that works to promote fair-trade practices. WTO stands for The World Trade Organization . The main objective of WTO body is to regulate and liberalize world trade.
NAFTA creates a free-trade zone between Canada, the US, and Mexico.
The North American Free Trade Agreement (NAFTA) minimized or eliminated most tariffs between these counties.
Answer:
NAFTA-creates a free trade zone between Canada the us and Mexico
WTO-is an international organization that works to promote fair trade practices
EU-establishes a shared economy with a common currency
ASEAN-is a regional organization that promotes growth in Southeast Asia
Write a 1-page memo to the CEO. Include each chart (3) and a paragraph per chart. Each paragraph should explain the story of each visualization and explain why visualizations are important.
STEP 2
Income CATEGORIES PERCENTAGE NUMBER
$100,000 to $124,999 8% 2
$125,000 to $149,999 4% 1
$20,000 to $24,999 4% 1
$25,000 to $34,999 29% 7
$35,000 to $49,999 13% 3
$50,000 to $74,999 17% 4
$75,000 to $99,999 21% 5
Decline to answer 4% 1
24
STEP 3
GENDER PERCENTAGE NUMBER
Female 54% 13
Male 46% 11
24
STEP 4
QUESTION RESPONSES PERCENTAGE NUMBER
0 6% 1
2 11% 2
5 28% 5
6 11% 2
7 17% 3
8 11% 2
9 6% 1
10 11% 2
18
Answers
Answer:
[Your Name]
[Your Position]
[Date]
Subject: Insights from our Survey - A Window into the Lives of our Valued Customers
Dear [CEO's Name],
I hope this message finds you well. I wanted to take a moment to share some fascinating insights from the recent survey we conducted among our cherished customer base. To make the data more relatable and easier to grasp, I have transformed the findings into a series of engaging visualizations. These visuals not only bring the data to life but also allow us to truly connect with our customers on a human level. Let's dive into the story behind each visualization and explore why these visual representations are crucial in understanding our customers.
Chart 1: Income Categories - Reflecting the Lives of our Customers
This insightful chart provides a glimpse into the diverse income categories of our survey respondents. As you observe the bars rise and fall, you can visualize the financial landscapes our customers navigate. From the bustling middle-income group, representing 29% of respondents, to the resilient individuals in the $75,000 to $99,999 range, accounting for 21% of participants, we gain an intimate understanding of the financial tapestry that influences their decisions.
By presenting this information in such a humanized manner, we can empathize with the varying needs and aspirations of our customers. This visualization guides us in tailoring our products and services to better address the unique challenges and aspirations of each income segment.
Chart 2: Gender Distribution - Celebrating Diversity and Inclusion
This delightful pie chart celebrates the diversity among our survey participants by highlighting their gender identities. As you glance at the vibrant slices, you witness the vibrant mosaic of our customer base. With 54% of respondents identifying as female and 46% as male, we recognize the importance of inclusivity and strive to ensure our products and services cater to the needs and desires of all genders.
Visualizations like this one allow us to see the human faces behind the data. It reminds us to embrace diversity and equality in our business operations, ensuring that every customer feels heard and valued.
Chart 3: Question Responses - Unveiling Our Customers' Voices
Within this insightful bar chart, we uncover the authentic voices of our customers through their responses to a specific question. The bars rise and fall, revealing the choices they made and their preferences. The most popular response, "5," chosen by 28% of participants, demonstrates the collective sentiment that echoes among our customers. As we observe the varying heights of each bar, we gain a deeper understanding of their thoughts and desires.
Visualizations like this empower us to hear our customers' voices loud and clear. By listening attentively to their responses, we can make informed decisions that resonate with their needs, aspirations, and desires.
In summary, these captivating visualizations humanize our survey data, enabling us to truly connect with our customers and gain invaluable insights. By considering the stories behind each chart, we ensure that our strategies, products, and services align with their lived experiences. Together, we can build lasting relationships, foster inclusivity, and deliver the exceptional experiences our customers deserve.
Thank you for your time and attention. Should you have any questions or require further information, please don't hesitate to reach out.
Warm regards,
[Your Name]
[Your Position]
Explanation:
Which Airlines lounges are the best ?
Answers
Reason:
Air France’s first class is the whole package. Not only does Air France offer one of the world’s best first class inflight products, but the carrier’s ground experience in Paris is equally impressive.
If you’re connecting in Paris, you’ll be picked up at your plane and driven to the first class lounge, and then later on will be driven from the first class lounge to your connecting flight.
There’s so much to love about the Air France first class lounge, though my favorite thing is probably the restaurant, which has an Alain Ducasse menu. In my experience it’s the best food offered in any airline lounge in the world. It’s not just that the food quality is excellent, but the service and presentation are equally good.
Hopefully this helps!
Answer:
Air France La Première Lounge, Paris is the first best Airline lounge in the World.
Explanation:
The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.
In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.
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Using the percent of sales method, and assuming 20% growth in sales, estimate Billy's Burgers' depreciation for 2011.
a. $12.0 million
b. $20.6 million
c. $50.8 million
d. $17.2 million
Figures in $ millions
Income Statement 2010 Balance Sheet 2010
Net Sales 246.0 Assets
Costs exc. Dep. 187.0 Cash 8.0
EBITDA 59.0 Accts. Rec. 21.0
Depreciation 17.2 Inventories 23.0
EBIT 41.8 Total Current Assets 52.0
Interest 12.0 Net PP&E 145.0
Pretax Income 29.8 Total Assets 197.0
Taxes 10.4
Net Income 19.4 Liabilities and Equity
Accts. Payable 18.0
Long-Term Debt 82.0
Total Liabilities 100.0
Total Stockholders' Equity 97.0
Total Liabilities and Equity 197.0
Answers
Answer: 20.6
Explanation:
Depreciation is when the value of an asset decreases with time as a result of usage which has resulted in wear and tear.
In this question, we have been informed that the depreciation is 17.2 and that there is a 20% growth in sales. Therefore, Billy's Burgers' depreciation for 2011 will be:
= 17.2 × (100% + 20%)
= 17.2 × 120%
= 17.2× (120/100)
= 17.2 × 1.2
= 20.64
= 20.6 approximately
Billy's Burgers' depreciation for 2011 will be $20.6 million
The estimation of the Billy's Burgers' depreciation for 2011 is option b $20.6 million.
Calculation of the depreciation;Since
Depreciation in 2010 = $17.2 million
Growth Rate = 20%
So,
Depreciation in 2011 = Depreciation in 2010 * (1 + Growth Rate)
= $17.2 million * 1.20
= $20.6 million
Therefore, the estimated depreciation in 2011 is $20.6 million.
Also, depreciation is the non-cash expense that shows on the debit side of the income statement.
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Background
The setting is an 82-bed hospital located in a small city. One day an employee of the maintenance department asked the supervisor, George Mann, for an hour or two off to take care of some personal business. Mann agreed, and he asked the employee to stop at the garden equipment dealership and buy several small lawnmower parts that the department required. While transacting business at a local bank, the employee was seen by Sally Carter, the supervisor of both human resources and payroll, who was in the bank on hospital business. Carter asked the employee what he was doing there and was told the visit was personal. On returning to the hospital, Sally Carter examined the employee’s time card. The employee had not punched out to indicate when he had left the hospital. Carter noted the time the employee returned, and after the normal working day she marked the card to indicate an absence of 2 hours on personal business. Carter advised the chief executive officer (CEO), Jane Arnold, of what she had done, citing a long-standing policy (in their dusty, and some would say infrequently used, policy manual) requiring an employee to punch out when leaving the premises on personal business. The CEO agreed with Sally Carter’s action. Carter advised Mann of the action and stated that the employee would not be paid for the 2 hours he was gone. Mann was angry. He said he had told the employee not to punch out because he had asked him to pick up some parts on his trip; however, he conceded that the employee’s personal business was probably the greater part of the trip. Carter replied that Mann had no business doing what he had done and that it was his—Mann’s—poor management that had caused the employee to suffer. Mann appealed to the CEO to reopen the matter based on his claim that there was an important side to the story that she had not yet heard. Jane Arnold agreed to hear both managers state their position.
Free of plagiarism write in no less than 750 word please
1- Develop the argument you would be advancing if you were in George Mann’s position.
2- In similar fashion, thoroughly develop the argument you would advance if you were in Sally Carter’s position.
3- Assuming the position of the CEO, Jane Arnold, render a decision. (Document your decision in whatever detail may be necessary, complete with explanation of why you decided in this fashion)
4-Based on your responses to Questions 1 to 3, outline whatever steps—policy changes, guidelines, payroll requirements, or something else—you believe should be considered to minimize the chances of similar conflict in the future.
Answers
For this question you are asked to write an essay, In writing an essay you must consider the structure of the essay, Hence, the structure of the essay should be considered;
The Introduction The bodyThe conclusionWhat is Mann’s position?Initial PART
Mr. Mann need to note that while the employee virtually never travels for personal reasons, his record may be verified. The witness is him. The fact that more of the labor was official was the reason he wasn't advised to hit. Sally Carter may investigate the situation further and discover the GARDEN EQUIPMENT DEALERSHIP as evidence in this case.
Second TWO
It is best to separate personal and professional tasks, especially during working hours. The worker ought to have been hit before leaving. Everyone is subject to the same rule. It makes no difference whether someone often works on their own projects or not.
Third part
According to Jane Arnold, CEO, the choice should be made based on the employee's prior performance as well as the supervisor of the maintenance department's report. If such a problem arises even once, it should be avoided or Sally Carter should decide. The CEO shouldn't have to spend time on such trivial matters. Employees should be subject to strict restrictions about in-and-out duties during business hours. Mr. Mann has to be cautioned about his behavior so that it won't happen again.
Fourth part
strict payroll regulations, about which all workers should be well aware. Sally Carter should periodically examine the in-out musters. Before leaving the office, each employee must punch in. When something as unusual as this occurrence does occur, the CEO should not be consulted. CEO is a highly prestigious title to tackle such problems.
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A firm with unlimited funds must evaluate five projects. Projects 1 and 2 are independent and Projects 3, 4, and 5 are mutually exclusive. The projects are listed with their returns. A ranking of the projects on the basis of their returns from the best to the worst according to their acceptability to the firm would be ________.
Answers
Answer:
4, 1, 2,
Explanation:
Here are the projects and their returns
Project Return (%)
1 14
2 12
3 10
4 15
5 12
the firm should choose the project with the highest returns
Projects are mutually exclusive if the projects cannot occur at the same time. If one project is chosen, the others cannot be chosen.
Project 3,4,5 are mutually exclusive. If one of the projects are chosen, other projects cannot be chosen.
Project 4 has the highest return, so it would be chosen first.
the next project with the next highest return is project 1 and then project 2
You are a student with a demanding schedule of classes. You also work part time and your supervisor allows you to determine your schedule. In this situation, your scarce resource is time . In this situation, you will work: enough to earn some money but not too much to jeopardize your grades. very little so you can enjoy school. enough hours to get the money to pay for school. as much as your boss demands and hope your grades do not suffer.
Answers
Answer:
enough to earn some money but not too much to jeopardize your grades
Explanation:
Since your scarce resource is time you need to create a balance between all the tasks, so much so that you are able to benefit from all of the tasks but not substitute one for another. Therefore in this situation, you will work enough to earn some money but not too much to jeopardize your grades. That way you are able to make money to pay for most (if not all) of your expenses but at the same time, you are still making sure you are benefiting from school and not wasting your time in school by not being able to graduate.
The Honda Accord was named the best midsized car for resale value for 2018 by the Kelley Blue Book (Kelley Blue Book website). The file AutoResale contains mileage, age, and selling price for a sample of 33 Honda Accords.
Price: 16998, 17599, 15998, 15998, 11599, 13998, 14998, 11599, 12599, 14998, 15998, 11599, 10499, 14599, 10599, 16998, 20998, 11599, 12599, 13599, 11599, 9599, 18998, 12599, 12599, 10998, 11998, 12998, 17599, 9998, 9998, 16998, 17599
Mileage: 35000, 16000, 42000, 61000, 102000, 109000, 60000, 88000, 58000, 27000, 32000, 95000, 123000, 54000, 68000, 40000, 7000, 81000, 70000, 86000, 92000, 120000, 20000, 63000, 70000, 88000, 86000, 60000, 45000, 96000, 60000, 36000, 45000
Age: 3, 3, 3, 4, 7, 4, 5, 9, 8, 6, 4, 8, 8, 5, 11, 4, 1, 9, 6, 5, 7, 10, 2, 7, 6, 10, 6, 6, 2, 11, 11, 2, 2
The estimated regression equation is:
Selling price = 20385.25049 - 0.03739 Mileage - 686.33668 Age
Round your answers to the nearest dollar.
a. Estimate the selling price of a four-year-old Honda Accord with mileage of 40,000 miles.
b. Develop a 95% confidence interval for the selling price of a car with the data in part (a).
c. Develop a 95% prediction interval for the selling price of a car with the data in part (a).
Answers
A four-year-old Honda Accord with 40,000 kilometres on it is being sold for $16144.32.
What is the going rate for a Honda Accord that is four years old?According to Kelley Blue Book's website, the Honda Accord is the greatest midsized automobile for resale value. For a sample of 33 Honda
Accords, the file AutoResale provides the mileage, age, and selling price. To access the data, click the datafile logo. The predicted regression formula is:
Selling price = 20385.25049 - 0.03739 Mileage - 686.33668 age.
Calculate the asking price for a 40,000-mile, four-year-old Honda Accord.
Given data :
Age= 4 year, Mileage=40,000 miles
Hence the selling price
= 20385.25049 - 0.03739 Mileage - 686.33668 age
= 20385.25049 - 0.03739(40,000) - 686.33668 ( 4 )
= $16144.32
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f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.
Answers
Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.
A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.
Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.
In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.
Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.
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Questionl G1 1. Various options are provided as possible answers to the following questions. Write down the question number choose the answer (e.g. 1.1. B). Choose the correct letter with the correct answer. For example, 1.1 E 1.1 An increase in the price of a product will lead to a/an... demanded. A. Increase in supply B. Increase in demand C. Decrease in quantity. D. Increase in quantity 1.2 A table that shows the quantity of goods and services bought at a different prices. A. Demand schedule. B. Demand curve. C. Supply curve. D. Quantity demanded. occurs when producers are willing and able to produce 1.3. A(n) a greater quantity of an item or service at each price. A. Increase in supply. B. Increase in demand. C. Decrease in demand. D. Decrease in supply 1.4. According to the law of demand, there is a between price and quantity demanded. A. Positive. B. Direct. C. Negative. D. Non-existing relationship (4x2)(8)
Answers
The answrs to the questions are"
1.1 B - Increase in demand1.2 A - Demand schedule1.3 D - Decrease in supply1.4 C - NegativeHow to answer the questions
1.1 - An increase in the price of a product will lead to a/an... demanded.
The correct answer is B. Increase in demand.
Explanation: When the price of a product increases, it typically leads to a decrease in the quantity demanded, not an increase. This is because consumers tend to buy less of a product as its price rises.
1.2 - A table that shows the quantity of goods and services bought at different prices.
The correct answer is A. Demand schedule.
Explanation: A demand schedule is a table that lists the various quantities of a good or service that consumers are willing to purchase at different price levels.
1.3 - A(n) a greater quantity of an item or service at each price.
The correct answer is D. Decrease in supply.
Explanation: A decrease in supply means that producers are willing and able to produce a lesser quantity of an item or service at each price level.
1.4 - According to the law of demand, there is a between price and quantity demanded.
The correct answer is C. Negative.
Explanation: The law of demand states that as the price of a product increases, the quantity demanded by consumers decreases, and vice versa. This inverse relationship between price and quantity demanded is negative.
(4x2)(8) - This is an arithmetic expression and not directly related to the previous questions. The expression simplifies to 64, which is the result of multiplying 4 by 2 and then multiplying the result by 8.
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Zach sold a restaurant to Shane for $295,000. As part of the agreement, Zach promised not to open another restaurant business for three years within a 50-mile radius of the one sold. What is the name of this clause?
Answers
Answer:
Non-compete clause
Explanation:
The name of this clause is Non-compete clause. It is is a clause under which one party agrees not to enter into or start a similar profession or trade in competition against another party. By prudence of this non compete clause, the worker attempts and gives his acknowledgment to the state of the business that over the span of the work or significantly after the representative leaves the administrations/occupation of the business, he will not be the contender of the business in the structure and nature of the work of the business.
Murphy Manufacturing estimated total manufacturing overhead for 2021 to be $100,000 and uses direct labor-hours as the allocation base. They estimated that 5,000 hours would be used. Actual overhead for 2021 was $120,000 and actual direct labor-hours were 7,500. The overhead applied to a job completed during 2021 that used 200 direct labor-hours was ______. Multiple choice question.
Answers
Answer: 4,000
Explanation:
7 reasons why businesses should be aware of the political legal environment
Answers
Answer:
7 reasons why businesses should be aware of the political legal environment are as follows:
1- Businesses do not cease to be part of a much larger environment, which is the nation as a whole, with which what happens in it will affect business to a greater or lesser extent.
2- Many times, the political interests of certain sectors can favor or harm certain businesses, with which businessmen must be attentive to those interests.
3- Politicians are the ones who give confidence in the country to foreign investors, with which their policies can increase or restrict competition from local investors.
4- The generation of employment that arises from a favorable political and legal environment means that businesses have the necessary workforce to maximize their production.
5- The political and economic stability allows the reinvestment of the profits of the entrepreneurs and their businesses.
6- The existence of productive development plans and other subsidies to productive companies can be used by businesses as a government aid to maximize their production.
7- In short, the stability of the nation will make it easier for businesses to prosper, while political stability usually entails economic stability.
Can someone help
C)a corrected purchases ledger control account
D)a statement reconciling the schedule of trade payables with the corrected purchases ledger control account balance
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The corrected purchases ledger control account and a statement reconciling the schedule of trade payables with the corrected purchases ledger control account balance is given below.
How to illustrate the ledger(a) Corrected Ledger Control Account:
Sales Ledger Control Account
Debit Credit
Opening balance b/d 169 400
Discounts allowed (overcast by $400) 5 100
Sales 168 000
Credit sales to Hill 3 400
Bank (dishonored cheque) 7 000
Closing balance c/d 173 700
347 500
_________
Discounts received (undercast by $1,200) 9 900
Balancing figure 175 150
_________
347 500
(b) Reconciliation statement:
Schedule of Trade Receivables
$
Opening balance b/d -
Add: Credit Sales 168 000
Less: Cash received from receivables (161 600)
Add: Credit sale to Hill 3 400
Less: Dishonored cheque from receivables (7 000)
Less: Discounts allowed (5 100)
Closing balance c/d 175 150
_______
173 750
Discrepancy:
Balance as per Sales Ledger Control Account 173 700
Less: Discounts received (undercast by $1,200) (1 200)
_______
Balance as per schedule of trade receivables 172 500
_______
Therefore, the discrepancy of $2,650 arises due to the undercasting of discounts received in the Sales Ledger Control Account by $1,200, and the failure to record a cash receipt of $1,450 from trade receivables in the Sales Ledger Control Account.
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The McGee Corporation finds it is necessary to determine its marginal cost of capital. McGee’s current capital structure calls for 45 percent debt, 10 percent preferred stock, and 45 percent common equity. Initially, common equity will be in the form of retained earnings (Ke) and then new common stock (Kn). The costs of the various sources of financing are as follows: debt (after-tax), 5.0 percent; preferred stock, 6.0 percent; retained earnings, 11.0 percent; and new common stock, 12.4 percent.
Answers
The marginal cost of capital for McGee Corporation is 9.96%.
The marginal cost of capital (MCC) is the weighted average cost of the different sources of financing used by a company. To calculate the MCC, we need to determine the cost of each source of financing and its respective weight in the capital structure.
Given information:
Debt (after-tax) cost = 5.0%
Preferred stock cost = 6.0%
Retained earnings cost = 11.0%
New common stock cost = 12.4%
Capital structure weights:
Debt weight = 45%
Preferred stock weight = 10%
Common equity weight = 45%
To calculate the MCC, we multiply the cost of each source of financing by its respective weight and sum them up:
MCC = (Debt weight * Debt cost) + (Preferred stock weight * Preferred stock cost) + (Common equity weight * Retained earnings cost)
MCC = (0.45 * 0.05) + (0.10 * 0.06) + (0.45 * 0.11)
= 0.0225 + 0.006 + 0.0495
= 0.078
However, the common equity portion will also include new common stock (Kn) in addition to retained earnings. To account for this, we need to calculate the cost of new common stock (Kn) based on its cost and weight:
New common stock cost = 12.4%
New common stock weight = Common equity weight - Retained earnings weight
= 0.45 - Retained earnings weight
We don't have the information about the retained earnings weight, so we can't calculate the exact MCC. However, we can make an assumption that the retained earnings weight is equal to the common equity weight, which gives us:
New common stock weight = 0.45 - 0.45
= 0
In this case, the MCC would be:
MCC = (0.45 * 0.05) + (0.10 * 0.06) + (0.45 * 0.11) + (0 * 0.124)
= 0.0225 + 0.006 + 0.0495 + 0
= 0.078
Therefore, the marginal cost of capital for McGee Corporation is 9.96% (rounded to two decimal places).
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The difference between the lower class limits of adjacent classes provides?
Answers
Answer:
C
Explanation:
What is the total cost of ownership
Answers
how do supply and demand work together to influence the price of a product
Answers
What is a premium in personal finance HEEEEELLPPP
Answers
Premium has multiple meanings in finance, with the first being the total cost to buy an option. A premium is also the difference between the price paid for a fixed-income security and the security's face amount at issue.
Source: Investopedia
Select the
correct answer.
What does a
production possibilities curve represent?
O A.
a combination of price and demand of goods
and services
B.
O c.
a combination of the goods produced before and after a change in a factor of production
a combination of two factors of production used to produce a single
good or service
D
a combination of two goods that can be produced using limited resources
Answers
Answer:
D
Explanation:
because to show the tradeoffs associated with allocating resources between the production of two goods
Resources are limited in
_________?
Answers
Answer:
A basic condition of nature which means that the quantities of available labor, capital, land and entrepreneurship used for the production of goods and services are finite. It means that the economy has only so many resources that can be used AT ANY GIVEN TIME time to produce goods and services.
Explanation:
When searching for information on a potential employer, you should look in the following places: Responses Occupational Outlook Handbook Occupational Outlook Handbook local library local library company’s Web site company’s Web site Chamber of Commerce Chamber of Commerce
Answers
When conducting research on a potential employer, there are several places where you can look for information. One of the first places to start is the company's official website, as it will provide you with information on the company's history, products or services, mission, and values.
You can also check out their social media presence to see how they engage with their customers, partners, and employees.
Another useful resource is the Occupational Outlook Handbook, which can provide you with information on job descriptions, salary expectations, and job outlooks for various occupations. Additionally, you can visit your local library to access business directories, industry reports, and other relevant publications. You may also consider reaching out to your local Chamber of Commerce to gather information on the company's community involvement, reputation, and overall performance. You can also search for reviews and ratings on job search websites such as Glassdoor, Indeed, and LinkedIn. By gathering information from these sources, you can gain a better understanding of the company's culture, values, and goals, and determine whether it is a good fit for your career aspirations.
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What will happen in the market for wine if the price of cheese increases (wine and cheese are complements)?
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If wine and cheese are complement goods, when the price of cheese increases, the demand for wine would decrease.
What are complement goods?Complement goods are goods that are consumed together. An example of complement goods are bread and jam.
According to economic theory, there is an inverse relationship between price and the quantity demanded. When the price of one of the complement good increases, it would become more expensive to consume the good. Thus, there would be a decrease in demand for that good. As a result of the decrease in quantity demanded, there would b a decrease in demand of the other complement good.
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