In an international transaction, the practices of settling trade transactions differ from those in domestic transactions in several ways. One of the most significant differences is that in an international transaction, a formal promise to pay is usually required from the buyer before the merchandise can be obtained. Option 1.
This is because there is often more risk involved in an international transaction, such as the potential for the buyer to default on payment or for the merchandise to be lost or damaged during shipping.
In contrast, in a domestic transaction, a draft is often used to settle trade transactions, which is a type of payment order that directs the buyer's bank to pay a certain amount to the seller.
Additionally, in an international transaction, the seller typically ships the merchandise on an open account, which means that the buyer pays for the merchandise at a later date, whereas in a domestic transaction, payment is usually required at the time of delivery.
Another difference is that in an international transaction, the exporter sends a commercial invoice to the importer, which specifies the amount due and the terms of payment.
This document serves as a legal contract between the two parties and helps to ensure that both parties are aware of their obligations and responsibilities.
Finally, there is often more trust between the exporter and the importer in an international transaction, as they are likely operating in different countries and may not have a prior business relationship.
As a result, more documentation and verification may be required to ensure that the transaction is completed successfully.
Hence, the right answer is option 1. In an international transaction, a formal promise to pay is required before the buyer can obtain the merchandise.
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Leslie tunes musical instruments. Leslie tuned a guitar with 666 strings today. Then she tuned a piano with 373737 times as many strings. How many strings did the piano have? Choose 1 answer: Choose 1 answer: (Choice A) A The piano has 422422422 strings, because 37 \times 6=42237×6=42237, times, 6, equals, 422. (Choice B) B The piano has 222222222 strings, because 37 \times 6=22237×6=22237, times, 6, equals, 222. (Choice C) C The piano has 666 strings, because 37 \div 6=637÷6=637, divided by, 6, equals, 6 remainder 111.
Answer:
there is something wrong with the question since a guitar has 6 strings, so I believe that the numbers were copied three times.
Assuming that Leslie tuned a 6 string guitar and she also tuned a piano that has 37 times as many strings, then the piano has 37 x 6 = 222 strings.
Option B is correct: the piano has 222 strings, because 37 times 6 = 222
Answer:
It's actualy 222
Explanation:
customer service skills challenge card #2 Cryptogram
someone help please!!!
There are different kinds of customer service skills and this is one that helps them to carry out a lot of their duties.
What is Customer service skills?The top five qualities and abilities for successful customer service have been put together in the acronym PLACE. Positive, receptive, flexible, calm, and empathic.
Therefore, one can say that Customer centricity, as well as corporate culture, customer experience, and that of customer data, customer journey, consumer experience, and consumer expectation are said to be seven C's of customer relationship management.
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Gerard Barron, the CEO of TMC (Th e Metals Company), stated about deep-sea mining, “We don’t have the luxury of saying ‘No’ to the ocean.” What do you suppose he means by this statement? Do you agree or disagree? Explain.
Deep-sea mining may start soon despite the fact that research indicates it could harm habitats or wipe out species. This is due to the depletion of terrestrial reserves and the increasing demand for metals.
What's the title of the company engaged in deep-sea mining?Deep Sea Mine Campaign, Blue Marine Foundation, International Conservation, Ecologistas En Acción, Wildlife & Flora Worldwide, German NGO Forum on Development and the Environment, Goa Groundwork, Global Ocean Trust, and Greenpeace International are all members of the DSCC.
The technique of extracting mineral reserves from deep seabeds, or ocean depths below 200 metres, is known as deep-sea mining.
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1 Which one of the following is not Which one of the key roles / purposes of marketing within
business?
A To identify potential customer groups
B To inform customers about the business's product or service
C To prepare cash flow forecasts
D To understand customers and their needs
Your answer
i
the gm (general manager) is responsible for the overall success or failure of the hotel. in order to achieve that success, a successful gm will the best people.
The GM (general manager) is to blame for the general success or failure of the hotel. In order to achieve that success, a successful GM will select and train the best people.
Who is general manager?A general manager (GM) is in charge of all or some aspects of a department's or an organization's operations, including bringing in money and keeping expenditures under control. The general manager could rank among the top executives in small businesses.General managers typically have less experience and are younger than CEOs. Since the CEO is the person with the top position within a business, they frequently had a significant amount of work experience before taking the job, sometimes in the capacity of general manager.The daily operations of their company are observed by the general manager. By establishing operational budgets and policies, they achieve the strategic objectives for their division and teams. They also oversee workers to ensure that they complete their responsibilities efficiently throughout the day.Learn more about CEO here:
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how do citizens in democracy have a voice in tax policy?
In a democracy, citizens have a voice in tax policy through their right to vote and elect representatives.
They can influence decisions on money allocation, environmental concerns, and economic growth. By engaging in social studies, citizens can make informed judgments about the demand for different policies and adapt their views if needed, holding their representatives accountable for any errors in policy decisions.
As a result, citizens have a responsibility to be informed about tax policy and to hold their elected officials accountable for decisions that impact the allocation of public money.
Accounting and judgment play a significant role in tax policy decisions. Officials must balance the demands of citizens with the need to generate revenue, and they must adapt policies based on changing circumstances and demand. Mistakes or errors in tax policy can have significant consequences for individuals and the economy as a whole.
Citizens can influence tax policy through engagement with their elected officials and participation in public forums. They can also vote for candidates who support their views on tax policy. By working together, citizens can ensure that their voices are heard and that tax policy reflects their values and priorities.
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Suppose a lite insurance company selis a $200,000 1-year lecms iffe insurance policy to a 20yoat-old female for $230. According to the Nabional Vial Statistics Report. 58(21) the probablity that the female survives the year is 0999544 Compute and interpret the expected value of this pollcy to the insurance company The expected valje is s (Round to the nearest cent as needed) Which of the folowing interpretations of the expected valise is correct? Select the correct choice below and fir in the answer box to complete your choice (Round to the nearest cent as needed) A. The insurance company expects to make a maximum profit of 5 on every 20 -year-old fermale it insures for 1 year. B. The insurance company expects to make a profit of : on every 20-year-old female it insures for 1 month C. The irsurance company expecis to make a minimum proft of A on every 20 -year-old female it insures for 1 month D. The insurance compary empecta ta make a profit of 3 on every 20 -yeat-old female it inscires for 1 year
The expected value of this policy to the insurance company is $229.95. The correct interpretation of the expected value is "The insurance company expects to make a minimum profit of $229.95 on every 20-year-old female it insures for 1 year." Therefore, the correct option is C.
Expected value of this policy to the insurance company can be computed as follows:
Expected Value = (Probability of Survival * Amount Paid by the Policy Holder) - (Probability of Death * Amount Paid to the Policy Holder)
Probability of survival is given as 0.999544 and hence the probability of death is 1 - 0.999544 = 0.000456
Amount paid by the policyholder is given as $230 and amount paid to the policyholder in case of death is $200,000
Expected Value = (0.999544 * $230) - (0.000456 * $200,000)
Expected Value = $229.95
The expected value of this policy to the insurance company is $229.95. The correct interpretation of the expected value is "The insurance company expects to make a minimum profit of $229.95 on every 20-year-old female it insures for 1 year." Therefore, the correct option is C.
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what are the barriers in communication?
Review the following scenario, which describes a situation between two coworkers, and respond to the questions which follow applying your learnings from this course. Jenna is a Health Care Assistant w
Barriers in communication refer to factors or obstacles that hinder effective and efficient exchange of information between individuals. These barriers can occur at various levels.
Including interpersonal, organizational, cultural, and technological. Some common barriers in communication include:
1. Language Barriers: Differences in language or dialects can impede understanding between individuals who do not share a common language.
2. Lack of Clarity: Unclear or ambiguous messages, use of technical jargon, or complex terminology can lead to misunderstandings and misinterpretations.
3. Noise: Environmental factors such as background noise, distractions, or poor audio quality can disrupt communication and make it difficult to convey or receive messages accurately.
4. Emotional Barriers: Emotional states like anger, stress, or fear can affect communication by causing individuals to become defensive, unresponsive, or unable to articulate their thoughts effectively.
5. Cultural Differences: Diverse cultural backgrounds, beliefs, values, and communication norms can create barriers in understanding and interpreting messages accurately.
In the given scenario between Jenna, a Health Care Assistant, and her coworker, the barriers to effective communication may include any of the above factors, such as language barriers (if they have different native languages), lack of clarity in conveying information, noise in the healthcare setting, emotional barriers due to stress or pressure, or even cultural differences impacting their communication styles and understanding.
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What might you tell her about career resources and their importance in career selection?
Answer:
I would like to tell her that it is good that she has chosen her career but there is no harm in taking the help of the career resources as it will clarify her path and clear her conflicts if any. Moreover, it can help in her career selection and give her some ideas of the pros and the cons of the field she is choosing. Taking assistance of the resources can give major idea of the experiences and the instances from other’s life and can influence her decision in the positive way.
Explanation:
edge
southeast plumbing had cash sales for the month totaling $732,000. southeast offers a 6-month warranty on its services. if southeast estimates warranty claims will equal 3% of sales, the journal entry to record the estimated warranty expense for the month is:
Charge for warranty, $21,960; credit The probable warranty amount due is $21,960.
What is the estimated cost of the warranty?
a liability account that details the anticipated cost of repairing or replacing a product during its warranty period. At the time of the sale, the amount of the liability is recorded.
Is the warranty payment credited or debited?
With a debit to the warranty expense account and a credit to the warranty liability account, accrue the warranty expense. Debit the warranty liability account and credit the inventory account for the cost of the replacement products and parts sent to customers as actual warranty claims are received.
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Most licensed architects are members of which association? A. ACSA B. AIA C. NAAB D. NCARB E. NVOB
Answer: It is B. AlA
Explanation:ALA is open to all architects and professions related to architecture. Our members hold individual memberships and specialize in all types of architecture.
WILL MARK BRAINLIEST
Does my signature have to be my name? Example, Instead of using my first and last name, i use 'lettuce'.
Please put how or where u got ur information.
(this is for a class discussion)
Wyco park a public camping ground near the four corners national recreation area, has compiled the following financial information as of december 31, 2022
Revenue during 2022-camping fees $140,000
Revenue during 2022-general store 47,000
Accounts payable 11,000
Cash on hand 20,000
Original cost of equipment 105,500
Fair value of equipment 140,000
Notes payable $60,000
Expenses during 2022 150,000
Supplies on hand 2,500
Common stock 20,000
Retained earnings ?
a. Determine Wyco Park's Net Income For 2022
b.prepare a balance sheet for wyco park as of december 31, 2022
Prepare an income statement
Wyco Park's net income for 2022 is $37,000. We need to subtract the expenses from the total revenue.
a. To determine Wyco Park's net income for 2022, we need to subtract the expenses from the total revenue.
Net Income = Total Revenue - Expenses
Net Income = ($140,000 + $47,000) - $150,000
Net Income = $187,000 - $150,000
Net Income = $37,000
Therefore, Wyco Park's net income for 2022 is $37,000.
b. Balance Sheet as of December 31, 2022:
Assets:
Cash on Hand: $20,000
Accounts Receivable: (Not provided)
Supplies: $2,500
Equipment (at original cost): $105,500
Less: Accumulated Depreciation: (Not provided)
Equipment (at fair value): $140,000
Total Assets: $267,000
Liabilities:
Accounts Payable: $11,000
Notes Payable: $60,000
Total Liabilities: $71,000
Stockholders' Equity:
Common Stock: $20,000
Retained Earnings: $176,000 (calculated as: Net Income - Dividends)
Total Stockholders' Equity: $196,000
Total Liabilities and Stockholders' Equity: $267,000
c. Income Statement for the Year Ended December 31, 2022:
Revenue:
Camping Fees: $140,000
General Store: $47,000
Total Revenue: $187,000
Expenses: $150,000
Net Income: $37,000
Please note that some information, such as accumulated depreciation, accounts receivable, and dividends, is not provided in the given data. Therefore, the balance sheet and income statement may not be entirely comprehensive.
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a) Draw a graph illustrating an effective minimum wage in the labor market. Please make wart to label the wes accordingly and state who the sipphier (workers of firms) and who the demander is (workers or firms). b) Indicate (clearly) consumer surplus, producer surplus, and deadweight loss in your graph. c) Based on econeinic samplus, explain who gains and who loses in the case of the minimum wage arid whether the ovecall imgact on society is positive or negative. (10 proints)
Drawing a graph illustrating an effective minimum wage shows the interaction between labor supply (workers) and labor demand (firms) with the wage and quantity of labor.
Economic surplus analysis reveals that the minimum wage can lead to gains for workers above the minimum wage, losses for firms, and the presence of deadweight loss, impacting society's overall welfare.
a) Draw a graph with the wage (price) on the y-axis and the quantity of labor (workers) on the x-axis. The supply curve represents the workers (labor) and the demand curve represents the firms (employers). The supply curve slopes upward, indicating that as the wage increases, more workers are willing to supply their labor. The demand curve slopes downward, indicating that as the wage increases, firms demand fewer workers.
b) Consumer surplus is the area below the demand curve and above the market wage, while producer surplus is the area below the market wage and above the supply curve. Deadweight loss is the area between the supply and demand curves, below the market wage, and above the quantity where supply equals demand.
c) Based on economic surplus, the gains and losses from a minimum wage can vary. Workers who receive wages above the minimum wage experience a gain in their surplus, while firms may experience a loss in their surplus. Deadweight loss represents the inefficiency caused by the reduction in employment due to the minimum wage. The overall impact on society can be positive or negative, depending on the specific circumstances and the magnitude of the minimum wage.
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Identify and explain two advantages and two disadvantages to Amin of running his own business rather than working for the computer manufacturer
Explanation:
Advantages & Disadvantages of Owning Your Own Company
Advantage: Financial Rewards. ...
Advantage: Lifestyle Independence. ...
Advantage: Personal Satisfaction and Growth. ...
Disadvantage: Financial Risk. ...
Disadvantage: Stress and Health Issues. ...
Disadvantage: Time Commitment. ...
Try a Side Hustle.
what have you learned about staff management and development that you might apply to your own job search?
In staff management and development, I've learned the importance of effective communication, teamwork, and ongoing training. When applying these concepts to my own job search, I would focus on showcasing my communication and teamwork skills, as well as my commitment to continuous learning and professional growth.
About management and development staffStaff management refers to the process of recruiting, training, supervising, and motivating employees to maximize their performance and achieve the goals of the organization.
On the other hand, staff development is an ongoing process that prepares employees to meet the changing demands of their job and improve their skills and knowledge.
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A travel agent is able to offer a client a 15 percent discount on a luxury hotel suite that normally
costs $375 per night. What is the discounted rate?
Answer:
Discounted amount luxury hotel suite = $56.25
Explanation:
Given:
Discount rate on luxury hotel suite = 15%
Cost of luxury hotel suite = $375 per night
Find:
Discounted amount luxury hotel suite
Computation:
Discounted amount luxury hotel suite = Discount rate on luxury hotel suite x Cost of luxury hotel suite
Discounted amount luxury hotel suite = 375 x 15%
Discounted amount luxury hotel suite = 375 x 0.15
Discounted amount luxury hotel suite = $56.25
What is the purpose of the Subtotal feature?
Briefly explain the current procedures and process for a cruise passenger boarding/exiting a ship in Miami, Florida. Passenger is departing Toronto, Canada on the same day as the cruise departs Port of Miami, Florida. Passenger will fly directly back to Toronto, Canada the same day as the ship docks back at the Port of Miami.
The current procedures for cruise passenger boarding in Miami involve check-in, security screening, immigration/customs, health screening, and boarding the ship. Disembarkation includes clearance, luggage retrieval, customs declaration, and transportation to the airport.
Boarding Process:
1. Check-in: Upon arrival at the Port of Miami, passengers need to go through the check-in process. This involves presenting necessary travel documents such as passports, boarding passes, and completed health declarations or COVID-19 testing requirements.
2. Security Screening: Passengers are required to pass through security screening, which typically includes metal detectors, X-ray scanning of carry-on luggage, and a security check of personal belongings.
3. Immigration and Customs: International passengers need to go through immigration procedures, including passport control and customs declaration, where they may be required to declare any dutiable items or goods. This step verifies the legality of travel and compliance with customs regulations.
4. Health Screening: Depending on the circumstances and any prevailing health protocols, passengers may undergo health screenings such as temperature checks or COVID-19 testing. Compliance with specific health requirements and protocols may be necessary.
5. Boarding the Ship: Once all necessary checks are completed, passengers can board the cruise ship. They will typically receive their cruise key cards, which serve as identification and access to their cabins and onboard facilities.
Exiting Process:
1. Disembarkation Planning: During the cruise, passengers will receive information about the disembarkation process. This includes instructions on luggage handling, meeting points, and assigned departure times based on their travel arrangements.
2. Clearance by Authorities: Before passengers can leave the ship, the cruise line must obtain clearance from the local authorities, including customs and immigration.
3. Disembarkation and Luggage Retrieval: Passengers are assigned specific time slots to disembark the ship. They will typically gather their luggage, either from the ship's designated area or a customarily arranged process, such as self-assist or checked baggage retrieval.
4. Customs Declaration: Passengers must go through customs declaration upon exiting the port. This involves presenting their identification, completing customs forms, and declaring any dutiable items or goods they are carrying.
5. Transportation and Departure: Once passengers have cleared customs, they can proceed to their arranged transportation, such as shuttles or taxis, to their next destination, which in this case would be the airport for a direct flight back to Toronto, Canada.
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Today's theories about motivation emphasize the importance of factors within the individual particularly the variables of expectancy and value Students' motivations are strongly influenced by what they think is important (value) and what they believe they can accomplish (expectancy). Who quote is this?
What students value and what they believe can accomplish have a significant impact on their motivation expectancy. This quote comes from the philosophy of motivation.
What motivational ideas does the expectancy-value theory put forth?
The relationship between a student's expectation for success at a task or the achievement of a goal in relation to the value of task completion or goal attainment is described by the expectancy-value theory, which is a theory of motivation. A student's expectation for success on a particular activity is referred to as expectancy. Theoretical models of motivation nowadays place a strong emphasis on internal factors, particularly the variables of expectation and value.
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10. Andrea's gross biweekly pay is $1,078. Her earnings to date for the year total $43,120. What
amount is deducted from her pay for Social Security, which is taxed at 6.2 percent? For Medicare
taxes if the rate is 1.45 percent?
Your answer should be $68,992. Hope this helps!!
Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.54 percent, a par value of $1,000 per bond, matures in 4 years, has a total face value of $3.8 million, and is quoted at 103 percent of face value. The second issue has a coupon rate of 6.10 percent, a par value of $2,000 per bond, matures in 23 years, has a total face value of $8.1 million, and is quoted at 95 percent of face value. Both bonds pay interest semiannually. The company's tax rate is 39 percent. What is the firm's weighted average aftertax cost of debt
Answer:
3.20%
Explanation:
The firm's weighted average aftertax cost of debt can be determined by first of all determining the before-tax cost of each debt.
Using a financial calculator, the before-tax costs of debt are ascertained as follows:
Bond 1:
N=8(number of semiannual coupons in 4 years)
PMT=17.70 (semiannual coupon=face value*coupon rate/2=$1,000*3.54%/2=$17.70)
PV=-1030(current price=$1000*103%=$1030)
FV=1000(the face value is $1000)
CPT
I/Y=1.37%(the semannual yield, annual yield=1.37%*2=2.74%)
after-tax cost of first debt=2.74%*(1-39%)=1.67%
Bond 2:
N=46(number of semiannual coupons in 23 years)
PMT=30.50 (semiannual coupon=face value*coupon rate/2=$1,000*6.10%/2=$30.50)
PV=-950(current price=$1000*95%=$950)
FV=1000(the face value is $1000)
CPT
I/Y=3.26%%(the semannual yield, annual yield=3.26%%*2=6.52%)
after-tax cost of second debt=6.52%*(1-39%)=3.98%
market value of first debt=$3.8 million*103%=$3,914,000
market value of second debt=$8.1 million*95%=$7,695,000
total market value of debts=$3,914,000+$7,695,000=$11,609,000
firm's weighted average aftertax cost of debt=(1.67%*$3,914,000/$11,609,000)+(3.98%*$7,695,000/$11,609,000)
firm's weighted average aftertax cost of debt=3.20%
Professional etiquette suggests you should send a(n) ____ to each person who agrees to meet with you in support of your career exploration.
Answer:
handwritten thank-you note
Explanation:
Professional etiquette can be regarded as ways of being able to live comfortably when with people and making them comfortable when they are arround you. They are general
guidelines as well as behavior that are needed in professional setting. It should be noted that Professional etiquette suggests you should send a
handwritten thank-you note to each person who agrees to meet with you in support of your career exploration.
when does business unit planning occur in the strategic planning process? group of answer choices after corporate planning and product planning after offering planning but before product planning before corporate planning after offering planning after corporate planning but before offering planning
Business unit planning typically occurs after corporate planning and product planning but before offering planning in the strategic planning process.
What is Business?Business is an activity that involves the production, buying, and selling of goods and services. It involves individuals, organizations, and companies working together to create economic growth and development. Business activities are conducted in order to generate profits and satisfy customer needs. Businesses can involve a variety of activities such as accounting, finance, marketing, operations, production, and human resources. Businesses must also consider their legal, ethical, and social responsibilities when engaging in their activities.
This allows the business to identify the potential opportunities and resources available to the business unit, as well as analyze the risks associated with pursuing those opportunities. This process also helps the business unit identify the strategies and objectives necessary to achieve its desired outcomes.
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Why are labor unions able to negotiate effectively with companies where individual workers can't?
Help please 80 points!!!
Answer:
As said from quizzlet, Labor unions can use the power of collective bargaining and strikes to make management listen. Instead of using the power of one, easily replaced worker, the union uses the power of all workers for leverage.
Explanation:
30 points please help!
Which of the following are NOT considered employment taxes?
a. real estate taxes
b. social security taxes
c. self-employment taxes
Answer:
B.
Explanation:
Social Security is Payroll Tax.
Zoe, the owner of Zoe's Bakery, determines that, at her optimal level of production in the short run, P < ATC and P > AVC. In the short run, Zoe should: Group of answer choices raise the price until she has maximized her profits. continue to operate, as she is making an economic profit. continue to operate, even though she is taking an economic loss. shut down immediately, as she is taking an economic loss.
Answer: continue to operate even though she is taking an economic loss.
Explanation:
Since at Zoe's optimal level of production in the short run, the price is more than the average total cost and P > AVC, then she should continue to operate even though she is taking an economic loss.
This is because even though she's making loss as the price is less than the average total cost, since the price is greater than the average variable cost, then she should continue in operation. Assuming P < AVC, then the company should shutdown in this case as only th fixed cost is incurred.
2) Moonlight Company wrote off the account of one of its customers, X, in 2018 for $500. On January 21, 2019, X unexpectedly repaid his account in full. The company uses the direct write-off method to account for uncollectible receivables. Journalize the entries required for Moonlight Company on January 21, 2019
Answer:
A journal entry was carried out for Moonlight Company for January 21, 2019, and is shown below in the explanation section
Explanation:
Solution
Given that:
Moonlight Company Journal Entries on January 21, 2019
JOURNAL ENTRY
Date Account name Debit Credit
Jan. 21, 2019 Cash 500
(Income statement -Bad debts recovered) 500
(record the bad debts recovery from customer X)
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%
HURRY IM BEING TIMED
Which of the following sentences uses "your" or "you're" correctly?
A.
Your very late for this class.
B.
You're going to learn how to proofread in this course.
C.
You're textbook is on that table.
D.
Your practicing writing business documents today.
Answer:
A
Explanation:
Please brainliest me