A business strategy that integrates the functions of sales, marketing, and customer service, using technology and massive databases of information is known as customer relationship management.
A program known as customer relationship management is used to handle all interactions and relationships among your company's clients (CRM). Establishing commercial ties can help your company expand, and that is the only objective. CRM tools enable businesses to improve profitability, manage operations, and stay in touch with their consumers.
A CRM system offers everyone a better approach to managing the external connections and relationships that are essential to success, regardless of whether they work in sales, customer service, business development, recruiting, marketing, or any other area of the firm.
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rule 203 of the code of professional conduct addresses: question 12 options: financial statements being based on generally accepted accounting principles. ethical requirements. auditing financial statements. advertising to obtain clients.
Rule 203 of the code of professional conduct addresses financial statements based on generally accepted accounting principles.
Rule 203 prohibits an auditor from presenting unqualified opinions on financial statements if they are not approved by Generally Accepted Accounting Principles. It states that financial statements based on accepted accounting principles always present a fair financial position, cash flows, and conformity.
Rule 203 is strictly applicable in financial instances, still, it provides space for leniency in certain circumstances such as the creation of new business transactions or new legislation. These are rare circumstances where traditionally accepted accounting rules might be misleading. In such cases, the accountant has to state the reasons for not using the accounting rules.
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under purchasing power parity, the future spot exchange rate is a function of the initial spot rate in equilibrium and: a. the income differential. b. the forward discount or premium. c. the inflation differential.
Under purchasing power parity, the future spot exchange rate is a function of the initial spot rate in equilibrium and the inflation differential.
The "composition effect," or differences in the shares of the various goods and services in national consumptions, may contribute to inflation differentials observed within a currency area. These differentials result from differences in the weights of the various sub-indices in national consumer price indices. Two nations with the same sector-based inflation rates may show differing aggregate inflation rates if there are variations in household preferences between the two nations.
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which of the following is true regarding risk management? all risks must have a contingency plan. risks should be reviewed at every team meeting. risks are more likely to impact the schedule than the budget. risk identification only occurs in the planning phase of the project.
The risk management is true regarding "risks should be reviewed at every team meeting".
The risk management in the business are the forecasting and evaluation of financial risks together with the identification of the procedures to avoid or minimize the impact. The risks should be reviewed at every team meeting and risks identification only occur in the planning of the project phase. The risks review process is a crucial part of any project. and the team is responsible for the project's success can come together to handle associated risks before they happen.
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advertising, sales promotion, and public relations are often said to use blank selling because they are used with groups of prospective buyers. multiple choice question. customized integrated mass direct
Simply put, advertising is handling worthwhile relationships, via way of means of attracting new clients via way of means of superior fee and retaining present day clients via way of means of turning in pride. so correct options are customized, integrated and mass.
Marketing must be understood withinside the experience of enjoyable purchaser desires. Marketing may be described as the procedure via way of means of which corporations create fee for clients and construct strong purchaser relationships to seize fee from clients in return. A 5-step version of the advertising procedure will offer the shape. There are 5 distinctive middle purchaser and market concepts. Customer desires, needs and demands. Human desires are states of felt deprivation and may include bodily, social and character desires.
Market services are a combinations of products, offerings and stories presented to a marketplace to meet a want or want. These may be bodily products, however additionally offerings – sports which can be basically intangible. The phenomenon of advertising myopia is paying greater interest to enterprise products, than to the underlying desires of clients. Value and pride are key constructing blocks for purchaser relationships. Exchanges are the acts of obtaining a favored item shape a person via way of means of providing some thing in return. Marketing includes moves looking to construct an trade dating with an audience. A marketplace is the set of all real and capability shoppers of a product or service.
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our discount brokerage firm charges $8.55 per stock trade. how much money do you need to buy 290 shares of pfizer, inc. (pfe), which trades at $37.12? (round your answer to 2 decimal places.)
Each stock trade at our discount brokerage costs $8.55. How much money is required to purchase 290 shares of Pfizer, Inc. (PFE), $ 10,773.35 at $37.12.
A stock market, equity market, or share market is the gathering of buyers and sellers of stocks (also known as shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange as well as stock that is only traded privately, such as shares of private companies sold to investors through equity crowdfunding platforms. Investments are typically made with an investment strategy in mind. A stock market trade is the transfer of a stock or security from a seller to a buyer. This requires these two parties to reach an agreement on a price. Equities represent a stake in a specific company.
Small individual stock investors to large institutional investors all participate in the stock market.
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the social media department functions at a senior level that reports to the cmo (chief marketing officer) or ceo and is responsible for all the social media activations with which social media structure?
A social network is a network of relationships between agents, such as people or groups of people. A social network shows the connections that exist between individuals and groups of people, from passing acquaintances to tight family relationships. Social networks are made up of nodes and linkages.
What is socila networking structure:
Situations, roles, social networks, groups & organizations, social structures, and society make up the bulk of the social structure. The ascribed status, attained status, and attempt to maximize are particular categories of statuses.
The social structure determines how people behave. A person's beliefs, attitudes, and behaviors are influenced by where they are in the social hierarchy, their social class and rank, the roles they play, and the cultures, groups, and social structures to which they belong.
The conduct of many players can be effectively organized by a social framework. The behavior of an individual or group is coerced by a structure. Individual actors are given roles and authority by a social system. A social structure frequently affects how both people and groups are distributed.
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The toxicity that was reported to exist at the management level within uber made rachel whetstone’s job of communicating to others more difficult because it acted as.
It acted as Noise, the toxicity that was reported to exist at the management level of Uber made it harder for Rachel Whetstone to communicate with other people.
It's psychological noise, and it's hard to get away from it when you know it exists in the organization, causing people to lose focus at work and not work well with others.
What is the meaning of psychological noise?
Psychological noise is caused by internal thoughts of the receiver that interrupt the speaker's message. For instance, it can be challenging to fully concentrate on comprehending a message when you are preoccupied with personal issues.
Psychological noise is caused by internal thoughts of the receiver that interrupt the speaker's message. For instance, it can be challenging to fully concentrate on comprehending a message when you are preoccupied with personal issues.
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for an airline, the marketing function will involve: group of answer choices dispatching crew. cash control. crew scheduling. managing general ledger. pricing tickets.
Pricing tickets is a part of an airline's marketing function.
An "act, process, or service by which the product and the final consumer are tied together" is the definition of the marketing function.
Promotion, selling, product/service management, marketing information management, pricing, finance, and distribution make up the seven elements of marketing. You may more effectively focus your efforts and develop plans to support your organization if you are aware of the fundamental components of marketing.
Pricing is the process of figuring out the value that an organization receives in exchange for its goods or services. It plays a significant role in helping an organization make money. As a result, an organization's pricing choices directly affect its success.
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What was the original name of the restaurant chain now known as boston market? boston ham.
Answer: Boston Chicken
Explanation: Boston Market was known as Boston Chicken until 1995.
Say IAM YOUR BOSS THEN I WILL GIVE YOU BRAINLIEST AND 100 POINTS ADD ME AS YOUR FRIEND
Answer:
im your boss
Explanation:
from an operational perspective, yield management is least effective under which of the following circumstances? multiple choice demand is highly variable. demand can be segmented by customer. the product can be kept to be sold when demand is stronger. fixed costs are high, and variable costs are low. the product can be sold in advance.
The answer is the product can be kept to be sold when demand is stronger.
The situations of a particular state of affairs are the conditions that have an effect on what takes place.
A condition is a situation in which something happens. Say you had been at a commercial enterprise luncheon and also you were by accident fed psychedelic mushrooms on your ravioli, your boss may excuse the bizarre belongings you said, given the situation. circumstance comes from the Latin that means the conditions around something.
A scenario is a set of occasions in which one finds oneself. And a condition is a truth or circumstance linked with or relevant to an event or motion. To it seems that placed it, a scenario is an element it is occurring and the condition is the situation of that element.
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who is most likely to have a working knowledge of the various enterprise systems that are in use in the company?
An internal auditor is most likely to have a working knowledge of the various enterprise systems that are in use in the company.
The system administrator is most likely to have a working knowledge of the various enterprise systems that are in use in the company.
An individual who oversees maintaining, configuring, and ensuring the reliable operation of computer systems, particularly multi-user computers like servers, is known as a system administrator, often known as a sysadmin or admin. The goal of the system administrator is to meet the users' needs in terms of computer uptime, performance, resources, and security while staying under a predetermined budget.
Network and pc systems administrators work with each IT and non-IT team of workers. despite the fact that many communities and laptop systems directors are employed through companies inside the laptop structures design and associated offerings industry, they paint in a selection of settings.
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companies that ask new hires to do on-the-job training, or shadowing current sales reps, intend for the new hires to:
Job shadowing is a kind of on-the-job employee job training in which a new employee or an employee wishing to become familiar with a different job, abides and sees a trained and experienced employee. Job shadowing is a productive form of job training for some jobs.
Job shadowing lets a student, employee, or intern obtain comprehensive knowledge about what an employee who holds a specific job does every day. Job shadowing gives a more affluent experience than reading a job description or performing an informational interview through which an employee report their work.
Job shadowing assists the observer to see and realize the subtle distinction of a particular job. The job-shadowing employee is able to see how the employee does the job.
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which is more likely to be negative? sales (net) or net income? multiple choice 3 sales (net) net income
Net revenue Negative sales are never possible. Negative sales are never the case.
Negative net income is commonly referred to as net loss. Net income is negative when revenues are lower than expenses.
Can a company have negative net income?A negative net income indicates a loss rather than a profit during an accounting period. A company may have positive sales, but its expenses and other costs will have outstripped the revenue it generated.
When net sales are negative, what does that mean?Negative net profit indicates no profit and, consequently, no tax liability. However, this isn't much of a consolation because the money you're losing is significant in comparison to the money you might save on taxes.
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the market capitalization rate for admiral motors company is 8%. its expected roe is 10% and it expected eps is $5. if the firm's plowback ratio is 60%, what will be its p/e ratio?
The P/E ratio is 20 at 8% of market capitalization rate, 10% of expected roe, $5 eps and 60% plowback ratio.
The market capitalization rate 8% = 8/100
= 0.08
The expected is roe 10% = 10/100
= 0.1
The expected eps is $5
The Plowback ratio is 60% = 60/100
= 0.6
The growth rate is calculated as:
= Plowback ratio × ROE
= 0.6 × 0.1
= 0.06×100
= 6%
The P/E ratio is calculated as,
=1- Plowback ratio/ market capitalization rate - growth rate
= 1-0.6/0.08-0.06
= 0.4/0.02
= 20
Hence the P/E ratio is 20
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assume that the interest parity condition holds. also assume that the u.s. interest rate is 8% while the u.k. interest rate is 6%. given this information, financial markets expect the pound to:
Assume that the interest parity condition holds. also assume that the u.s. interest rate is 8% while the u.k. interest rate is 6%. given this information, financial markets expect the pound to appreciate by 2%.
What Kinds of Financial Markets Are There?The stock market, bond market, foreign exchange market, commodities market, and real estate market are a few examples of financial markets and their functions. Financial markets can also be divided into listed vs. OTC markets, primary vs. secondary markets, capital markets, money markets, and listed vs. money markets.
How Do the Financial Markets Function?All financial markets operate primarily by bringing together buyers and sellers of some asset or contract and allowing them to transact with one another, despite encompassing a wide range of asset classes and having a variety of structures and laws. A process for price discovery or an auction is frequently used for this.
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on january 1, year 1, mega corporation issues $100,000 of 8% bonds maturing in 10 years, when the market rate of interest is 9%. market interest rates drop to 6% by december 31, year 2. the company retires the bonds on december 31, year 2 by paying $112,561. the carrying value of the bonds as of this date is $94,383. retirement of the bonds results in a:
The retirement of the bonds will result in the loss of the company.
The market rate at the time of issue = 9%, while the coupon rate = 8%, it says bonds provide a lesser return when compared to the market rate.
At end of the year, the 2 market rate drops to 6% which is lower than the Bond's coupon rate. This means the bond provides a high return when compared to the market. So, companies to retire the bonds need to pay more than the par value. As the company should retire these bonds more than par value, the company incurs a loss. Hence Option 'B is correct which is the company incurs a loss.
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when consumers calculate the value of a product, they: a. eliminate all nontangible elements that might affect their perception of the product. b. subtract the cost of production from the market price. c. look at the benefits the product provides then subtract the cost. d. identify the variable and the fixed components of the product's benefits.
When consumers calculate the value of a product, they look at the benefits the product provides then subtract the cost.
A product's value is determined by how well it can satisfy and address the needs of customers. Pricing strategy can be changed in accordance with how valuable a product is to consumers. The value of a product to customers can also influence a product's development plan.
Product value is a helpful tool for evaluating the main advantages of a particular product. It is an extrinsic metric in that it can only be obtained from customers interacting with and using your product. Because it can fluctuate over time (i.e., perceived vs. real value) and is frequently influenced by outside factors like competitors and market conditions, product value is not a fixed measure.
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the main difference between wholesalers and marketing agents is: group of answer choices agents generally perform more marketing functions wholesalers sell to consumers, agents do not wholesalers take title to goods, agents do not none of the above
The main difference between wholesalers and marketing agents is:
Agents sells their products directly to their customer whereas wholesales provide contact support to the customers
Hence, Option D is correct
What do you mean by wholesalers and marketing agents ?
Wholesalers are merchants who buy the goods in bulk quantities from the manufacturers and sell these goods in relatively smaller quantities to retailers and at times to semi- wholesalers. They also sell goods in bulk quantities to institutional buyers, but they do not sell goods to consumers for final consumption.
Marketing Agents means those distributors, dealers, resellers, representatives, affiliate who deal with customers.
Hence, from the above definition we can conclude that Agents sells their products directly to their customer whereas wholesales provide contact support to the customers
Hence, Option D is correct
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which element of lean is described as a system based on making little changes on a regular basis, anywhere changes can be made, to reduce process, delivery, and quality problems?
Element of lean is described as a system based on making little changes on a regular basis, anywhere changes can be made, to reduce process, delivery, and quality problems is Uniform Plant Loading.
A buy requisition form is an inner report utilized by a worker to buy items or offerings on behalf in their firm. These purchases can be for commercial enterprise operations (together with workplace supplies), inventory, or production inputs.
Push type" means "make-to-stock," wherein the manufacturing isn't always primarily based totally on real demand. " Pull type" means "make-to-order," wherein the manufacturing is primarily based totally on real demand. A powerful shopping approach can keep your commercial enterprise money. A shopping approach defines how your agency buys things.
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What are the main advantages of the Free market system in relation to Economic Goals
and Societal Values?
Answer:
Advantages of this market system include efficient resource allocation, competition, innovation, and product variety. Sellers in a free market have a right to adjust prices to match the demand for their products. Further, consumers are allowed to decide where they will spend their money
A result of welfare economics is that the equilibrium price of a product is considered to be the best price because it?.
A result of welfare economics is that the equilibrium price of a product is considered to be the best price because it maximizes the combined welfare of buyers and sellers.
The study of how the distribution of resources and goods impacts social welfare is known as welfare economics. This is directly related to the study of income distribution and economic efficiency, as well as how these two aspects affect the general welfare of people in the economy.
Practically speaking, welfare economists aim to offer instruments to direct public policy in order to produce favorable social and economic outcomes for the entire society. However, welfare economics is a subjective field of study that strongly relies on presumptions about what constitutes, how to measure, and how to evaluate individual and societal welfare.
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visual identification systems that were developed in the 1950s went beyond trademarks, which had been used since the medieval guilds; corporate-wide consistent design systems were produced. these systems needed to project cohesive images because .
many corporations were becoming multinational in scope
What Is a Multinational Corporation?
A multinational corporation (MNC) is a company that has business operations in at least one country other than its home country. By some definitions, it also generates at least 25% of its revenue outside of its home country.
Generally, a multinational company has offices, factories, or other facilities in different countries around the world as well as a centralized headquarters which coordinates global management.
Multinational companies can also be known as international, stateless, or transnational corporate organizations or enterprises. Some may have budgets that exceed those of small countries.
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a lessor, ace corp. entered into an equipment lease with an lessee, spades inc. the terms of the lease require annual lease payments of $48,000 over a 10-year period, with the first payment due immediately upon the commencement of the lease on january 1. there is no estimated residual value. the implicit rate of the lease is 5%. what amount would the lessor report in its income statement (ignoring taxes) for the year ended december 31?
A gross profit of $60,000 and interest income of $17,059 would the lessor report in its income statement.
Leases, by definition, require two parties to exist. A lease is signed as a contractual agreement outlining the details of the asset loan by one party leasing their asset/assets to the other.
One of these parties is known as the 'lessee,' and the other as the 'lessor.'
A lessor grants someone else the use of an asset; they are the legal owner of the asset. The lessor also has the sole authority to grant unique benefits to the lessee, such as early lease termination or renewal on the same terms.
The benefit of being a lessor is that by granting someone access to your property, you can earn a return on your investment without giving up ownership.
A lessee, on the other hand, is someone who pays the lessor a one-time payment or a series of periodic payments in exchange for the use of their property. They never own what they lease; they only have access to it for a limited time.
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a marketer can stimulate problem recognition by group of answer choices creating a new ideal state or dissatisfaction with the actual state creating a new actual state or dissatisfaction with the ideal state increasing mao to process information about the new actual state decreasing mao so as to create dissatisfaction with the ideal state utilizing stimulation that will create clutter in the processing of information about the actual state
They can stimulate problem recognition earlier by eliciting dissatisfaction with the actual state or by. creating a new ideal state.
An ideal is a principle or value that one actively pursues as a goal, typically in the context of ethics, and how important you rank your ideals might tell you how committed you are to each one. Moral idealism is the term for the idealistic mindset. People who don't conform to our society's standards of beauty are examples of what you view as the best potential examples of whatever it is that you are idealizing. An alternative word for example is pattern More ideal's opposites. Encouragement of growth or a general cause of activity is stimulate. "The press stimulates political dialogue," for instance. Whatever its actual impact on the senses, a fascinating or enjoyable activity might be referred to as "stimulate".
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you average one client from every 10 leads, and each client represents 85% of a closed transaction. each transaction you close has an average dollar value of $6,000. using the funnel, how much can you expect to earn from every 10 leads?
An average of one client from every 10 leads, and each client represents 85% of a closed transaction. each transaction we close has an average dollar value of $6,000. using the funnel, The expect to earn from every 10 leads is $5,100
$6,000 x .85 = $5,100
What funnel means?
A tube consists a wide opening at the top, the sides that slope inward, and narrow opening at the bottom, used for either pouring liquids or powders into containers that have small openings.
What is a funnel used for in cooking?
Funnels can be used for liquids, or fine-particled items such as flour, peppercorns, spices and dried herbs, Wide-mouthed ones are good for transferring dry goods and chunky goods; narrow-mouthed ones are good for liquids. Some bowls may, instead of being cone-shaped, be like a flat-bottomed bowl.
What shape is a funnel?
cone-like
Funnel is made of glass and plastic. It is used for filtering liquids and pouring liquids from one vessel to another. Its shape is cone-like.
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if the auditor determines that internal controls are not functioning as designed, and a compensating control does not exist, the auditor will assess control risk and the risk of material misstatement (rmm) as
If the auditor determines that inner controls aren't functioning as designed, and a compensating manipulate does now no longer exist, the auditor will determine manipulate chance and the chance of cloth misstatement (rmm) as high and set detection(risk) as low.
The auditor will determine manipulate chance as excessive as inner controls aren't working as deliberate and there may be no different manipulate in place. The auditor will conduct extra sizeable exams to make certain detection chance is low and probabilities of cloth misstatement are low. The audit of inner manipulate over monetary reporting must be included with the audit of the monetary statements. The goals of the audits aren't identical, however, and the auditor should plan and carry out the paintings to obtain the goals of each audits.
ICFR refers to the controls especially designed to cope with dangers associated with monetary reporting. In easy terms, a public company's ICFR includes the controls that are designed to offer affordable warranty that the company's monetary statements are dependable and organized according with GAAP. The auditor must shape an opinion at the effectiveness of inner manipulate over monetary reporting with the aid of using comparing proof received from all sources, including the auditor's checking out of controls, misstatements detected throughout the monetary assertion audit, and any diagnosed manipulate deficiencies.
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problem 11-8 real versus nominal returns (lo2) you purchase 100 shares of stock for $50 a share. the stock pays a $3 per share dividend at year-end. what is the rate of return on your investment if the end-of-year stock price is (i) $47; (ii) $50; (iii) $55? what is your real (inflation-adjusted) rate of return if the inflation rate is 5%?
a.Number of shares purchased = 100
Purchase price = $50
Hence total purchase value P0 = number of shares purchased x purchase price
= 100 x $50
= $5000
Dividend per share = $4
Hence total dividend paid = number of shares held during the year x dividend per share
= 100 x $4
= $400
Year-end price:
i) $46
Hence year-end value i.e. P1 = year-end price per share x number of shares held
= $46x100
= $4600
The rate of return on investment is:
= (P1-P0+ dividend)/P0 x100
= (4600-5000+400)/5000 x100
= 0/5000 x100
= 0
Hence there is a 0% return on investment for the year.
ii) year-end price = $50
Hence year-end value i.e. P1 = 100 x$50
= $5000
Rate of return on investment :
= ($5000-$5000+$400)/$5000 x100
= $400/$5000 x100
=8%
Hence return on investment is 8%
iii) year-end price = $55
Hence year-end value i.e. P1 = 100x$55
= $5500
Rate of return on investment :
= ($5500-$5000+$400)/$5000 x100
= 900/5000 x100
= 18%
Hence return on investment is 18%
b. Inflation rate = 6%
The real rate (inflation-adjusted rate) is:
= (1+nominal rate)/(1+inflation rate) -1
i) year-end price $46 with 0% nominal return
Real rate of return = [(1+0)/(1+0.06) ]-1
= 1/1.06-1
= 0.94339622642 -1
= -0.0566037736
= -5.66037736%
i.e. -5.66% (rounded off to 2 decimal)
Hence the real rate of return is -5.66%
ii) year-end price = $50 with an 8% nominal return
Real rate of return =[ (1+0.08)/(1+0.06)]-1
= 1.08/1.06-1
= 1.01886792453 -1
= 0.01886792453
i.e.1.886792453%
i.e. 1.89% (rounded off to 2 decimal)
Hence the real rate of return is 1.89%
iii) year-end price = $55 with 18% nominal return
Real rate of return =[ (1+0.18)/(1+0.06) ]-1
= 1.18/1.06 -1
= 1.11320754717 -1
= 0.11320754717
= 11.320754717%
i.e. 11.32% (rounded off to 2 decimal)
Hence the real rate of return is 11.32%
A proportion is an economic device that represents the part ownership of an organization. A share is an economic device that represents component possession in a single or greater business. The price of distinctive stocks of a company may be identical to every other.
There may be no minimum order restriction on the acquisition of a publicly-traded employer's stock. Investors may additionally consider buying fractional shares through a dividend reinvestment plan or DRIP, which doesn't have commissions.
It is a ways extra not unusual for dividends to be paid quarterly or annually, however, some shares and other kinds of investments pay dividends month-to-month to their shareholders. Simplest approximately 50 public businesses pay dividends month-to-month out of some 3,000 that pay dividends on a normal foundation.
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use the following information to determine direct materials cost per unit: total direct materials costs are $147,900, fixed costs are $86,700, and units produced are 17,000. a.$3.60 b.$8.70 c.$13.80 d.none of these choices are correct.
The Direct material cost per unit is $8.70.
Given in the Question,
Total direct materials cost = $147,900
Fixed costs = $86,700
Units produced = 17,000 units.
Now, we will use the formula to find direct material cost per unit:
Direct material cost per unit is calculated as total direct material costs divided by units produced.
= Total direct materials costs ÷ Number of units produced
= $147,900 / 17,000
= $8.70.
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what arethe bankruptcy abuse prevention and consumer protection act of 2005 requires both petition counseling.
To deter people from pursuing bankruptcy by making filing for it more difficult and expensive, as well as less financially advantageous.
After much debate, the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) was approved by Congress in 2005. The new law was created to discourage people from filing for bankruptcy by making it more complex, costlier, and less desirable from a financial standpoint.
IPR economist Matthew and four colleagues compare bankruptcy files in the two years before and after the Bankruptcy Act took effect in order to understand what actually occurred when the law was adopted and offer insight on the argument between those who supported and opposed the law. The 2005 Bankruptcy Act's proponents said that too many people who were capable of repaying their debts were abusing the system by declaring bankruptcy, and that this was raising the cost of consumer credit.
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