Describe the effectiveness of visual imagery when communicating
information to diverse audiences

Answers

Answer 1

Visual imagery is an effective tool when communicating information to diverse audiences because it helps to create a shared experience, improves recall, and enhances understanding and comprehension.

When communicating information, the audience needs to be able to understand and process the information given. Different people process information differently. Some learn better through visual aids, while others learn better through written words or by listening. Here are some ways in which visual imagery is effective when communicating information to diverse audiences.

Shared experience:  Visual imagery creates a shared experience because everyone can see the same thing. If there is a picture or graph, everyone can view it at the same time and draw the same conclusion. It also provides context for the information being communicated, making it more accessible to everyone.

Improved recall:  Visual imagery can improve recall because it can help people remember information better. For example, a chart or graph can make it easier to remember statistics or facts.

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Related Questions

Suppose US and Japan were on a gold standard, and US imported
more goods from Japan compared to what Japan imported from the US.
Then, according to the Price-Specie-Flow mechanism, this will lead
to a

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The Price-Specie-Flow mechanism is a concept that explains the effect of international trade on the money supply of countries on a gold standard. It posits that when one country imports more goods than it exports, its gold reserves decrease, and its money supply contracts.

On the other hand, the country that exports more goods than it imports experiences an increase in gold reserves and an expansion of the money supply. Suppose the US and Japan were on a gold standard, and the US imported more goods from Japan than Japan imported from the US. In that case, the US would have to pay for the imported goods in gold, leading to a decrease in its gold reserves.

Consequently, Japan would receive the gold and have an increase in its gold reserves. Since Japan has more gold, it would have more money supply. However, since the US has less gold, it would have to contract its money supply to match the decrease in gold reserves. Therefore, according to the Price-Specie-Flow mechanism, the scenario where the US imports more goods from Japan compared to what Japan imports from the US on a gold standard leads to a decrease in gold reserves and an increase in the money supply of Japan.

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"Performance appraisal is not only for appraisal but is for achievement and improvement of performance". Explain.
"Assessing employees against objectives that don’t consider the impact of COVID-19 on productivity, employee morale, and resourcing seems confusing and frankly – unfair". Should they still hold formal reviews? Should they adjust how they assess performance to account for disruption? How will they need to prepare managers differently to deliver performance reviews?

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Performance appraisal indeed serves a dual purpose of appraisal and enhancement of performance. It not only evaluates the past performance of an employee but also focuses on future improvement by identifying strengths and weaknesses.

This system encourages constructive feedback, enabling employees to understand how they can improve their skills, productivity, and overall job performance. In the context of COVID-19, adjustments to the performance review process are crucial. While formal reviews are still significant, they should take into consideration exceptional circumstances. Reviews should be more empathetic, focusing not only on employees' productivity but also on their adaptability, creativity, and resilience during these challenging times. Performance criteria might need to be realigned to reflect the changes in work patterns and business objectives due to the pandemic. As for preparing managers, they will need the training to deliver empathetic and constructive reviews under these circumstances. They should be made aware of the stress and challenges employees might be facing, such as balancing remote work with personal responsibilities. Managers will need to approach performance reviews with a greater emphasis on support, understanding, and guidance, rather than merely assessing task completion.

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c&a takes 100 samples of 50 units each for inspection. the total number of defects is found to be 75 units. what is the lcl for the p-chart? a) 0. b) -0.021. c) -0.011. d) -0.036.

Answers

The formula for lower control limit (LCL) in a p-chart is given by:LCL = P - 3√[(P*(1-P))/n], where P = total proportion defective and n = total sample sizeLet's apply the values given in the problem:P = 75/5000 = 0.015n = 5000/100 = 50Substituting the values in the formula, we get:LCL = 0.015 - 3√[(0.015*(1-0.015))/50]LCL = -0.021Therefore, the LCL for the p-chart is -0.021. Option (b) is the correct answer.

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TRA Corp.'s 2021 income statement listed net sales of $14 million, EBIT of $7.5 million, net income of $5.4 million, and dividends of $2.5 million. The 2021 year-end balance sheet listed total debt of $58 million and equity of $32 million with 2.0 million shares outstanding. What is the corporation's ROA (Return on Assets)? 8.1 percent 6.0 percent O 7.7 percent O 5.9 percent

Answers

The corporation's Return on Assets (ROA) is 6.0 percent.

The corporation's Return on Assets (ROA) can be calculated by dividing its net income by its average total assets.

First, we need to calculate the average total assets. To do this, we add the total debt and equity, which gives us

$58 million + $32 million = $90 million.

Next, we divide the net income of $5.4 million by the average total assets of $90 million and multiply by 100 to express it as a percentage.

ROA =[tex](\frac{\text{Net Income}} {\text{Average Total Assets}}) \cdot 100[/tex]

ROA = [tex](\frac{\text{5.4}} {\text{90}}) \cdot 100[/tex]

ROA = 6.0 percent

Therefore, the corporation's Return on Assets (ROA) is 6.0 percent.

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Your multi-national audit client, STUVWXYZ Corp., asked your advice on the appropriate classification of the following items regarding property purchases made in three countries: In Manila City, Philippines 37,200,000 18,000,000 Building under construction to house the EDP Center of STUVWXYZ Land held for the long-term capital appreciation Building leased out under an operating lease Property held for administrative purposes Land held for undecided future use 86,000,000 9,300,000 35,000,000 Vacant building held to be leased out under an operating lease 4,000,000 Property occupied by employees 3,800,000 Building leased out under a finance lease 52,000,000 Property held for use in the production or supply of goods 6,000,000 Property held for sale in the ordinary course of business 8,500,000 7,400,000 Property held in the process of construction or development for sale Property held for future use as owner-occupied property 5,125,000 Land held for future development and subsequent use as owner-occupied property 32,000,000 15,740,000 17,000,000 Owner-occupied property held for sale in accordance with PFRS 5 Building that is being constructed or developed to be leased out Existing property that is being redeveloped for continuing use to be rented to tenants 28,500,000 Building held for administrative purposes and leased out under 17,000,000 under operating lease. (60% is for administrative purposes) Building leased out under an operating lease (the entity supplies security and maintenance services to the lessees) 37,000,000 In Denver, Colorado, USA: (values are converted into pesos) Land held for undetermined future use A vacant building by STUVWXYZ and to be leased out under an operating lease Property held by a subsidiary (a real estate firm) of STUVWXYZ, in the ordinary course of its business Owner occupied buildings Edifice occupied by employees for free as company benefits Property owned for use in the production of adhesive tapes in industrial quantity A hotel owned by KLMNOPQR Corp., a subsidiary, and for which STUVWXYZ provides security services for its guests Building owned by STUVWXYZ being leased out to a subsidiary In London, England (values are converted to pesos) Land held as potential plant site A vacant building to be leased out under an operating lease Property held for sale in the ordinary course of its business Property acquired exclusively with a view to subsequent disposal in the near future Property occupied by Filipino employees paying company discounted rates Property held for administrative purposes A hotel owned and managed by STUVWXYZ A building being leased out to a subsidiary A difficult-to-sell building used in the production of dairy products and around 5% of the area being leased out to cafeteria operators Property that is being constructed for use as investment property Equipment purchased for its investment potential. Its operation has not been obtained for production of any kind A faming equipment that is being leased under operating lease 33,800,000 37,200,000 8,430,000 18,700,000 19,700,000 63,130,000 52,200,000 30,375,000 15,000,000 29,400,000 12,725,000 2,175,000 8,000,000 10,200,000 53,000,000 8,000,000 9,000,000 85,000,000 12,000,000 5,000,000

Answers

The appropriate classification may also depend on the specific accounting standards and regulations followed by STUVWXYZ Corp.

Based on the provided information, here is the appropriate classification of the property purchases made in the three countries:

In Manila City, Philippines:

Building under construction to house the EDP Center of STUVWXYZ - Property held in the process of construction or development for future use as owner-occupied property.

Land held for the long-term capital appreciation - Land held for future development and subsequent use as owner-occupied property.

Building leased out under an operating lease - Property held for investment purposes (leased out property).

Property held for administrative purposes - Property held for administrative purposes.

Land held for undecided future use - Land held for undetermined future use.

In Denver, Colorado, USA:

Land held for undetermined future use - Land held for undetermined future use.

A vacant building to be leased out under an operating lease - Property held for investment purposes (leased out property).

Property held by a subsidiary (a real estate firm) in the ordinary course of its business - Property held for sale in the ordinary course of business.

Owner-occupied buildings - Property held for use in the production or supply of goods.

Edifice occupied by employees for free as company benefits - Property held for administrative purposes.

A hotel owned by KLMNOPQR Corp., a subsidiary, for which STUVWXYZ provides security services - Property held for investment purposes (hotel).

Building owned by STUVWXYZ being leased out to a subsidiary - Property held for investment purposes (leased out property).

In London, England:

Land held as a potential plant site - Land held for future development and subsequent use as owner-occupied property.

A vacant building to be leased out under an operating lease - Property held for investment purposes (leased out property).

Property held for sale in the ordinary course of its business - Property held for sale in the ordinary course of business.

Property acquired exclusively with a view to subsequent disposal in the near future - Property held for sale in the ordinary course of business.

Property occupied by Filipino employees paying company discounted rates - Property held for administrative purposes.

A hotel owned and managed by STUVWXYZ - Property held for investment purposes (hotel).

A building being leased out to a subsidiary - Property held for investment purposes (leased out property).

A difficult-to-sell building used in the production of dairy products and around 5% of the area being leased out to cafeteria operators - Property held for use in the production or supply of goods.

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Jonathan, age 50, is meeting with his insurance agent to discuss purchasing segregated funds for a small portion of his assets. He intends to leave this portion of his portfolio to a long-time friend who will be a named beneficiary. He lists his requirements: He wants a low-risk investment. He is concerned about costs. Which of the following is the most appropriate recommendation? O A fixed income government bond fund with a 75% maturity guarantee. O A money market fund with a 100% maturity guarantee. O A high yield corporate bond fund with a 100% maturity guarantee. O A Canadian equity fund with a 75% maturity guarantee.

Answers

A high yield corporate bond fund with a 100% maturity guarantee would be the most appropriate recommendation for Jonathan, age 50, who intends to leave a small portion of his assets to a long-time friend who will be a named beneficiary. He wants a low-risk investment and is concerned about costs.

Jonathan intends to leave a small portion of his assets to a long-time friend who will be a named beneficiary. In terms of investment, he wants a low-risk investment and is concerned about costs. Therefore, a high yield corporate bond fund with a 100% maturity guarantee would be the most appropriate recommendation. This is because it is a low-risk investment that would yield higher returns compared to a fixed income government bond fund or a money market fund. The 100% maturity guarantee would provide additional security to Jonathan. On the other hand, a Canadian equity fund with a 75% maturity guarantee would be a high-risk investment and would not suit Jonathan's requirements.

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The piracy of intellectual property rights ________.
Group of answer choices
usually benefits the property holder
can both benefit and harm consumers
is combated most zealously by lesser developed countries
involves losses that are not considered extensive in industrialized countries

Answers

The piracy of intellectual property rights is a global issue that impacts several countries around the world. It is characterized by the infringement or violation of exclusive rights attached to various works, such as patents, copyrights, and trademarks. This type of piracy can have several impacts on both the property holder and consumers.

The piracy of intellectual property rights can both benefit and harm consumers. In some cases, piracy can lead to lower prices and more affordable products, which benefits consumers. However, it can also lead to inferior quality products, which can harm consumers. Additionally, piracy can negatively impact the property holder by reducing their sales revenue and hindering their ability to invest in further research and development.

Lesser developed countries are often viewed as a haven for piracy, as these countries may have weaker intellectual property laws and enforcement mechanisms. However, this does not mean that industrialized countries are immune to piracy. In fact, piracy can have a significant impact on industrialized countries as well.

For example, the music industry has suffered significant losses due to piracy, and this has impacted many countries around the world.

In conclusion, the piracy of intellectual property rights can have significant impacts on both the property holder and consumers. It is a complex issue that requires a multi-faceted approach to combat. While piracy may benefit consumers in some cases, it can also lead to negative outcomes for both the consumer and property holder.

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An electronics company makes communications devices for military contracts. The company just completed two contracts. The navy contract was for 3,260 devices and took 33 workers two weeks (40 hours per week) to complete. The army contract was for 7,260 devices that were produced by 43 workers in three weeks (40 hours per week). a. Calculate the productivity for navy and army contracts in units produced per labor hour. (Round your answers to 2 decimal places.) Contract Productivity Navy Army b. On which contract were the workers more productive? O Navy contract O Army contract

Answers

a) The productivity for the Navy contract was approximately 1.24 units per labor hour, while the productivity for the Army contract was approximately 1.41 units per labor hour.

b) The workers were more productive in the Army contract compared to the Navy contract.

a) To calculate the productivity for each contract in units produced per labor hour, we need to divide the number of devices produced by the total labor hours.

For the Navy contract:

Number of devices produced = 3,260

Total labor hours = 33 workers x 2 weeks x 40 hours per week = 2,640 hours

Productivity for Navy contract = Number of devices produced / Total labor hours

Productivity for Navy contract = 3,260 / 2,640

Productivity for Navy contract ≈ 1.24 units per labor hour

For the Army contract:

Number of devices produced = 7,260

Total labor hours = 43 workers x 3 weeks x 40 hours per week = 5,160 hours

Productivity for Army contract = Number of devices produced / Total labor hours

Productivity for Army contract = 7,260 / 5,160

Productivity for Army contract ≈ 1.41 units per labor hour

b) Comparing the productivity for the Navy and Army contracts, we find that the workers were more productive in the Army contract, with a productivity of approximately 1.41 units per labor hour. Therefore, the workers were more productive in the Army contract compared to the Navy contract.

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he investment selection process of stocks for Islamic investment funds go through a systematic approach of all of the following EXCEPT: O industry screen O financial screen O purification O safety or reputation screen

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The investment selection process of stocks for Islamic investment funds involves a systematic approach that includes industry screening, financial screening, purification, and safety or reputation screening. However, purification is not a step in the process.

The investment selection process for Islamic investment funds follows specific guidelines to ensure compliance with Shariah principles. It involves several stages, including industry screening, financial screening, purification, and safety or reputation screening.

Industry screening: This step involves filtering out industries that are considered non-compliant with Islamic principles. For example, businesses involved in activities such as alcohol, gambling, pork, or interest-based banking would be excluded.

Financial screening: Islamic investment funds apply financial criteria to select stocks. They assess financial ratios, debt levels, and interest income to ensure adherence to Shariah principles.

Purification: Purification is not a step in the investment selection process for Islamic investment funds. Purification typically refers to the process of removing any impermissible income from permissible sources of revenue. However, it is not directly related to the initial stock selection process.

Safety or reputation screening: This stage involves evaluating the overall safety and reputation of the companies being considered for investment. Factors such as corporate governance, ethical practices, and compliance with legal requirements are taken into account.

By following this systematic approach, Islamic investment funds aim to construct portfolios that align with the ethical and religious principles of Islamic finance while also considering financial viability and risk factors.

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what are some of the problems difficulties or hardships caused by unemployment

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Unemployment is the state of not having a job or occupation. Some of the difficulties or hardships caused by unemployment are as follows:Financial crisis: The lack of a regular source of income is the most pressing issue for the unemployed. People have trouble making ends meet when they are out of work.

They have difficulty paying their bills, paying rent, and covering their basic needs. Losing health insurance: Another significant issue for the unemployed is the lack of health insurance coverage. Many people get health insurance benefits from their employers, but they lose them when they lose their jobs.

Strain on mental health: Unemployment can also have an impact on a person's mental health. Unemployed people often have low self-esteem and feelings of shame, failure, and hopelessness. They are more prone to depression, anxiety, and stress.

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A large retailer selling food and most routinely purchased consumer products is a
A) hypermarket.
B) supermarket.
C) discount store.
D) warehouse club.
E) superstore.

Answers

The correct answer is A) hypermarket. Stakeholders involved in the operation and success of a hypermarket typically

Explanation:A large retailer selling food and most routinely purchased consumer products is a hypermarket. A hypermarket is a retail store that is a combination of a supermarket and a department store. It sells a wide variety of goods, including food, clothes, electronics, and household items, under one roof.A hypermarket is known for its large size and wide selection of products.

They often have a large parking area and offer a one-stop-shop for customers looking to do all their shopping in one place. Hypermarkets are typically found in suburban or rural areas where there is enough space to accommodate the large building and parking lot.In summary, a hypermarket is a large retail store that sells food and a wide variety of consumer products. They are a combination of a supermarket and a department store and are known for their large size and wide selection of products. The main answer is A) hypermarket.

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If you were not in university this year, you would be either working or travelling The opportunity cost of being in university this year is the sum of the value you would obtain if you were travelling and the monetary payoff you would earn if you were working Select one: O True O False

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True. If you were not in university this year, you would be either working or travelling The opportunity cost of being in university this year is the sum of the value you would obtain if you were travelling and the monetary payoff you would earn if you were working is true,

The statement accurately describes the concept of opportunity cost. Opportunity cost refers to the value of the next best alternative forgone when making a decision. In this case, if an individual chooses to be in university, the opportunity cost would be the combination of the value they would have obtained from traveling and the monetary payoff they would have earned from working.

By choosing to attend university, the individual gives up the potential benefits and experiences of traveling during that time. Additionally, they forego the income or monetary payoff they could have earned if they were working instead.

The concept of opportunity cost recognizes that resources are scarce, and choosing one option means sacrificing the benefits or potential gains of another option. Therefore, the opportunity cost of being in university is indeed the sum of the value of traveling and the monetary payoff from working, as those are the alternatives that are forgone.

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D Question 26 1 pts According to the Solow growth theory, the developing nations o will always grow more slowly than the already-developed nations. will never be as wealthy as the already-developed nations O will eventually be wealthier than the already-developed nations. will never converge at a steady state. Oshould eventually be as wealthy as the already-developed nations.

Answers

According to the Solow growth theory, developing nations should eventually be as wealthy as the already-developed nations.

The Solow growth theory, also known as the neoclassical growth theory, suggests that developing nations have the potential to catch up and converge with the already-developed nations in terms of wealth and income levels. The theory argues that in the long run, developing nations can experience higher growth rates due to factors such as technological advancements, capital accumulation, and the adoption of efficient production methods. As these nations invest in physical and human capital, improve productivity, and adopt technological innovations, they can narrow the income gap and eventually reach the same level of wealth as the already-developed nations.

The theory emphasizes the importance of factors like investment in infrastructure, education, and technology transfer to drive economic growth and convergence. While the process may take time and require appropriate policies and reforms, the Solow growth theory suggests that developing nations have the potential to achieve similar levels of wealth and prosperity as the already-developed nations.

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Q) Explain and critically assess the challenges that prospect theory offers to the notion of the rational economic agent used in the (traditional) neo-classical economic framework.

Answers

Prospect theory challenges the notion of the rational economic agent used in the traditional neo-classical economic framework by highlighting the limitations of human decision-making under uncertainty. It suggests that individuals' preferences and choices are not always consistent with the rational choice theory.

Rational choice theory asserts that individuals always make choices that maximize their utility or satisfaction, given the available options. According to this theory, individuals are rational and have perfect information and the ability to process it accurately and quickly. However, prospect theory challenges this assumption, highlighting that humans are subject to cognitive biases and heuristics that affect their decision-making processes.
One of the central challenges of prospect theory is the concept of loss aversion. This refers to the idea that individuals experience a stronger emotional response to losses than gains, resulting in risk-averse behavior. This means that individuals are more likely to avoid risky decisions, even if the potential payoff is high, to avoid potential losses. This contradicts the rational choice theory, which suggests that individuals should always choose the option with the highest expected utility, regardless of the probability of a loss.
Another challenge is the framing effect. This refers to the idea that individuals' choices can be influenced by the way information is presented or framed. For example, individuals may respond differently to a choice presented as a loss or as a gain, even if the options are objectively the same. This suggests that individuals may not always be rational decision-makers, as their choices can be influenced by external factors beyond the objective value of the options.
Prospect theory also challenges the assumption of expected utility theory, which suggests that individuals always make decisions based on the expected value of the outcomes. Prospect theory suggests that individuals are more sensitive to changes in probabilities of outcomes, rather than the expected value. This means that individuals may make choices based on the perceived likelihood of an outcome, rather than the expected value, even if the expected value suggests a different decision.
In conclusion, prospect theory challenges the notion of the rational economic agent used in the traditional neo-classical economic framework. It highlights that human decision-making is subject to cognitive biases and heuristics that affect individuals' preferences and choices. It suggests that individuals' choices may not always be consistent with the rational choice theory, as they are influenced by external factors and subjective perceptions of risk and uncertainty.

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how will the expansion of sexual harassment laws globally effect company policies and procedures?

Answers

The expansion of sexual harassment laws globally will have a significant impact on company policies and procedures, necessitating stricter guidelines and enforcement to prevent and address instances of sexual harassment in the workplace.

The expansion of sexual harassment laws globally reflects a growing recognition of the importance of fostering safe and inclusive work environments. As a result, companies will need to revise and strengthen their policies and procedures to align with the new legal requirements and promote a culture of respect and equality.

Firstly, companies will be required to develop comprehensive sexual harassment policies that clearly define what constitutes sexual harassment, outline reporting mechanisms, and specify the consequences for offenders. These policy should be communicated effectively to all employees, along with training programs that raise awareness about sexual harassment, its impact, and how to prevent it.

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After reading the fine print in your credit card agreement, you find that the "low" interest rate is actually an 18% APR, or 1.5% per month. Now, to make you feel even worse, calculate the effective annual interest rate.

Answers

The effective annual interest rate on your credit card, given the monthly interest rate of 1.5%, is approximately 19.56%.

This means that over the course of a year, you would effectively be paying an interest rate of 19.56% on any outstanding balances on your credit card.

To calculate the effective annual interest rate from the given monthly interest rate, we can use the formula for compound interest:

Effective Annual Interest Rate = (1 + Monthly Interest Rate)^12 - 1

In this case, the monthly interest rate is 1.5% or 0.015. Plugging this value into the formula, we have:

Effective Annual Interest Rate = (1 + 0.015)^12 - 1

Calculating this expression gives us:

Effective Annual Interest Rate = (1.015)^12 - 1

Using a calculator, we find that:

Effective Annual Interest Rate ≈ 0.1956 or 19.56%

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the following formula is used to calculate the _____________ of a money market investment.

Answers

The following formula is used to calculate the yield of a money market investment. A money market investment is a short-term, low-risk investment that involves purchasing debt securities with a maturity of one year or less.

A money market investment can be utilized to park cash or hold money that isn't immediately required. The funds are invested in secure, liquid, and short-term securities in this investment category, resulting in a low-risk profile. Calculating the yield of a money market investment: A money market investment's yield is determined by the following formula, Yield = (Maturity value - Purchase value) / Purchase value x 360 / number of days held In this formula, Yield refers to the investment's return expressed as a percentage.

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James Olds buys a four-year, $1,000,000 certificate of deposit from the Second National Bank. James will receive 5% interest in year 1; 5.5% in year 2; 6% in year three; and 6.5% interest in year 4. If James "redeems" this certificate before the maturity date, he would receive a cumulative 4.5% annual rate of interest of 4.5%. The Bank has ascertained that less than one percent of its depositors redeem their certificates before the maturity date. The bank asks its accountant how to accrue and measure such interest payment obligations.

Answers

James Olds is one of them with a $1,000,000 certificate, the interest payment obligation would be $1,000,000 * 0.005 * 0.045 = $22,500.

To accrue and measure interest payment obligations for customers who may redeem their certificates of deposit before the maturity date, the Second National Bank can use the cumulative 4.5% annual rate of interest as a benchmark. This means that if a customer like James Olds redeems the certificate before maturity, they would receive an annual interest rate of 4.5%.

Based on the historical redemption rate of less than one percent, the bank can estimate the number of customers who are likely to redeem their certificates early. They can then calculate the total interest payment obligations by multiplying the early redemption rate by the principal amount and the cumulative interest rate of 4.5%.For example, if the bank estimates that 0.5% of customers will redeem their certificates early, and James Olds is one of them with a $1,000,000 certificate, the interest payment obligation would be $1,000,000 * 0.005 * 0.045 = $22,500.

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Which industries are examples of natural monopolies? a. pipelines
b. railway lines
c. supermarkets
d. electric companies
e. sporting goods stores
f. fixed-line telephone companies

Answers

fixed-line telephone companies are examples of natural monopolies.In economics, a natural monopoly refers to a market situation in which the cost of producing a good or service is lower when a single firm produces the whole output.

The correct statement is B.

This situation is often referred to as an industry in which the long-run average cost of production reduces as output expands in the entire relevant range of product demand. The following are examples of natural monopolies:a. Pipelines are a type of natural monopoly because once a pipeline is constructed, it can accommodate the transportation of as much oil, gas, or other products as needed. Because it is more cost-effective to transport these goods through a pipeline, the firm that constructs the pipeline may be able to offer lower prices and undercut competitors who would have a higher cost per unit.b. Railway lines are a natural monopoly because the cost of constructing and maintaining a railway network is significant, making it impractical for more than one firm to compete. This cost structure makes it more cost-effective for one company to own and operate the entire network.c. Supermarkets are not a natural monopoly because more than one company can compete in this market.

It is possible for one supermarket to sell the same products at lower prices, but it would not be cost-effective to do so. As a result, there will be more than one supermarket.d. Electric companies are not a natural monopoly because more than one company can compete in this market. Different companies can produce and distribute electricity. In most cases, government regulation is in place to ensure fair competition.e. Sporting goods stores are not a natural monopoly because more than one company can compete in this market. Different stores can sell sporting goods, and consumers can compare prices and shop around to find the best deals.f. Fixed-line telephone companies are a natural monopoly because it is impractical for more than one company to compete in this market. The cost of building and maintaining the infrastructure required to support the service is too high for more than one firm to compete, making it more cost-effective for one company to own and operate the entire network.

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Answer:

It's Pipelines, railway lines, electric companies, and fixed-line telephone companies.

Explanation:

Edge 2020.

international marketing course
i have project in international marketing my group decide to talk about produce a coffee from Tanzania and export it to italy please talk in detailsHere is the format for your project that will help you for a better task: Int'l Marketing Plan structure: 1. Country and Opportunity Analysis - 20% marks 1. Economy 2. Culture 3. Politics 4. Legal issues 2. Target Market in Foreign Country - 20% marks 1. Segmentation 2. Targeting 3. Positioning 3. Int'l Competitive Analysis -15% marks 1. Strengths of competitors 2. Weaknesses of competitors 4. Int'l marketing strategy based on Country & Market Analysis -25% marks 1. Differentiation strategy 2. Cost Leadership strategy 3. Focus strategy 5. Application of International Marketing tools (Int'l 4Ps: marketing mix) - 20% mar

Answers

The international marketing plan focuses on exporting Tanzanian coffee to Italy, considering market analysis, segmentation, positioning, competition, differentiation, cost leadership, focus, and the 4Ps of international marketing.

International Marketing Plan - Coffee Export from Tanzania to Italy:

1. Country and Opportunity Analysis:

  a. Economy: Evaluate the economic conditions in Tanzania and Italy, including GDP, income levels, consumption patterns, and coffee market dynamics.

  b. Culture: Analyze cultural aspects related to coffee consumption in Italy, including preferences, rituals, and traditions, and identify how Tanzanian coffee can align with Italian cultural values.

  c. Politics: Assess political stability, trade agreements, tariffs, and regulations between Tanzania and Italy, considering their impact on coffee exports.

  d. Legal issues: Investigate intellectual property rights, certifications (e.g., fair trade, organic), labeling requirements, and any legal challenges associated with exporting Tanzanian coffee to Italy.

2. Target Market in Italy:

  a. Segmentation: Identify target segments in the Italian coffee market based on demographics, psychographics, and behaviors, such as specialty coffee enthusiasts, sustainable and ethically-conscious consumers, or high-end cafe chains.

  b. Targeting: Select the most viable target segment(s) for exporting Tanzanian coffee, considering market size, growth potential, and compatibility with the product offering.

  c. Positioning: Develop a unique value proposition and positioning strategy for Tanzanian coffee in the Italian market, highlighting its distinctive qualities, such as flavor profiles, origin story, and social impact.

3. International Competitive Analysis:

  a. Evaluate strengths and weaknesses of existing competitors in the Italian coffee market, such as well-established local brands, international coffee chains, and specialty coffee roasters.

  4. International Marketing Strategy:

  a. Differentiation strategy: Identify ways to differentiate Tanzanian coffee from competitors, such as promoting its unique flavors, the high-quality Arabica beans, sustainable sourcing practices, or direct trade relationships with farmers.

  b. Cost Leadership strategy: Explore cost-effective production and supply chain methods to offer competitive pricing while maintaining quality standards.

  c. Focus strategy: Consider niche market segments or geographic regions within Italy where Tanzanian coffee can achieve a strong presence and build a loyal customer base.

5. Application of International Marketing Tools (4Ps):

  a. Product: Develop a marketing mix strategy, including product branding, packaging, quality control, and potential product line extensions or variations.

  b. Price: Determine pricing strategies based on market dynamics, cost considerations, and perceived value, ensuring competitiveness in the Italian coffee market.

  c. Promotion: Devise a comprehensive marketing and communication plan, encompassing digital marketing, social media, public relations, influencers, and strategic partnerships to create brand awareness and drive demand.

  d. Place: Establish distribution channels, considering direct exports, partnerships with Italian distributors or retailers, and online sales platforms to ensure widespread availability of Tanzanian coffee in the Italian market.

By following this structure, you can develop a comprehensive international marketing plan for exporting Tanzanian coffee to Italy, covering various aspects of the market analysis, competitive landscape, and marketing strategies.

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1. The market for cigarettes has the following supply and demand functions: Q$ = 8 + 3PS QP = 20 - PD where ps and PD denote the prices (in pounds) received by sellers and price paid by buyers respectively, and Qs and QP denote the quantities supplied and demanded respectively. Similarly, the market for potato crisps has the following supply and demand functions: QS = 20+ ps QP = 40 - PD (a) The government is considering levying a per unit tax of £1 on cigarettes. Calculate how this tax will affect the quantity and price in the market for cigarettes. [5 marks] (b) Suppose that the government were to instead levy a £1 per unit tax on potato crisps. How much revenue would this tax generate? [5 marks] (C) Suppose the government wants to raise £1 in tax revenue and wants to do so by levying a per- unit taxes on either cigarettes or crisps (but not both), in such a way that the excess burden of taxation is minimized. Given this objective, which of the two commodities should be taxed? Calculate and compare the excess burden associated with the tax on each of the two commodities to justify your answer. [10 marks]

Answers

(a) To calculate the effect of a £1 per unit tax on cigarettes, we need to determine the new quantity and price in the market.

Given:

Supply function: Qs = 8 + 3PS

Demand function: QP = 20 - PD

With the per unit tax of £1, the new price paid by buyers (PD) will be the original price minus the tax, and the price received by sellers (PS) will be the original price plus the tax.

New price paid by buyers (PD) = Original price - Tax = P - £1

New price received by sellers (PS) = Original price + Tax = P + £1

Substituting the new prices into the demand and supply functions:

New quantity demanded (QP) = 20 - (P - £1) = 21 - P

New quantity supplied (Qs) = 8 + 3(P + £1) = 8 + 3P + 3

To find the new equilibrium, we equate the new quantity demanded and supplied:

21 - P = 8 + 3P + 3

Simplifying the equation:

4P = 16

P = 4

Substituting the value of P back into the demand or supply functions, we can find the new quantities:

New quantity demanded (QP) = 21 - 4 = 17

New quantity supplied (Qs) = 8 + 3(4 + 1) = 8 + 15 = 23

Therefore, with a £1 per unit tax on cigarettes, the new equilibrium price will be £4, the new quantity demanded will be 17, and the new quantity supplied will be 23.

(b) To calculate the revenue generated from a £1 per unit tax on potato crisps, we need to determine the quantity of potato crisps sold and the tax revenue.

Given:

Supply function: QS = 20 + PS

Demand function: QP = 40 - PD

With the per unit tax of £1, the new price paid by buyers (PD) will be the original price minus the tax, and the price received by sellers (PS) will be the original price plus the tax.

New price paid by buyers (PD) = Original price - Tax = P - £1

New price received by sellers (PS) = Original price + Tax = P + £1

Substituting the new prices into the demand and supply functions:

New quantity demanded (QP) = 40 - (P - £1) = 41 - P

New quantity supplied (QS) = 20 + (P + £1) = 20 + P + 1

To find the new equilibrium, we equate the new quantity demanded and supplied:

41 - P = 20 + P + 1

Simplifying the equation:

2P = 20

P = 10

Substituting the value of P back into the demand or supply functions, we can find the new quantities:

New quantity demanded (QP) = 41 - 10 = 31

New quantity supplied (QS) = 20 + 10 + 1 = 31

Therefore, with a £1 per unit tax on potato crisps, the new equilibrium price will be £10, and the new quantity demanded and supplied will be 31.

(c) To minimize the excess burden of taxation and raise £1 in tax revenue, we need to compare the excess burdens associated with taxing cigarettes and potato crisps.

Excess burden, also known as deadweight loss, measures the efficiency loss caused by the tax. It is the area between the supply and demand curves under the tax.

For cigarettes:

Original quantity demanded (QP) = 20 - PD = 20 - P

Original quantity supplied (Qs) = 8 + 3PS = 8 + 3P

Excess burden for cigarettes = 0.5 * (Qs - QP) * (£1)

For potato crisps:

Original quantity demanded (QP) = 40 - PD = 40 - P

Original quantity supplied (QS) = 20 + PS = 20 + P

Excess burden for potato crisps = 0.5 * (QS - QP) * (£1)

To calculate the excess burdens, we need the values of Qs and QP at the equilibrium prices calculated in parts (a) and (b).

For cigarettes:

Excess burden for cigarettes = 0.5 * (23 - 17) * (£1) = 3

For potato crisps:

Excess burden for potato crisps = 0.5 * (31 - 31) * (£1) = 0

Comparing the excess burdens, we see that the excess burden for potato crisps is zero, indicating no efficiency loss. Therefore, to minimize the excess burden and raise £1 in tax revenue, the government should levy a per-unit tax on potato crisps.

In summary, the government should tax potato crisps to raise £1 in tax revenue while minimizing the excess burden of taxation.

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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 40 percent debt, 30 percent preferred stock, and 30 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, 9.6 percent; preferred stock, 9.0 percent; retained earnings, 10.0 percent; and new common stock, 11.4 percent.

a. What is the initial weighted average cost of capital? (Include debt, preferred stock, and common equity in the form of retained earnings, Ke.)

b. If the firm has $28.5 million in retained earnings, at what size capital structure will the firm run out of retained earnings?

c. What will the marginal cost of capital be immediately after that point? (Equity will remain at 30 percent of the capital structure, but will all be in the form of new common stock, Kn.)

d. The 9.6 percent cost of debt referred to above applies only to the first $30 million of debt. After that, the cost of debt will be 11.2 percent. At what size capital structure will there be a change in the cost of debt

e. What will the marginal cost of capital be immediately after that point?

Answers

a. To calculate the initial weighted average cost of capital (WACC), we need to determine the weight of each component of the capital structure and multiply it by its respective cost. The formula for WACC is:

WACC = (Wd * Rd) + (Wps * Rps) + (We * Re)

Where:

Wd = Weight of debt

Rd = Cost of debt

Wps = Weight of preferred stock

Rps = Cost of preferred stock

We = Weight of common equity

Re = Cost of common equity (retained earnings)

Given:

Wd = 40%

Rd = 9.6%

Wps = 30%

Rps = 9.0%

We = 30%

Re = 10.0%

Calculating the initial WACC:

WACC = (0.40 * 0.096) + (0.30 * 0.090) + (0.30 * 0.100)

= 0.0384 + 0.027 + 0.03

= 0.0954 or 9.54%

b. To determine the size of the capital structure at which the firm will run out of retained earnings, we divide the available retained earnings by the weight of common equity in the capital structure.

Retained earnings = $28.5 million

Weight of common equity (We) = 30%

Size of capital structure when retained earnings run out = Retained earnings / We

= $28.5 million / 0.30

= $95 million

c. Immediately after running out of retained earnings, the entire common equity portion will be in the form of new common stock (Kn) with a cost of 11.4%. The weights of debt and preferred stock remain the same.

Marginal cost of capital after using all retained earnings:

WACC = (Wd * Rd) + (Wps * Rps) + (We * Re)

= (0.40 * 0.096) + (0.30 * 0.090) + (0.30 * 0.114)

= 0.0384 + 0.027 + 0.0342

= 0.0996 or 9.96%

d. The change in the cost of debt occurs when the size of the capital structure exceeds the first $30 million of debt. After that point, the cost of debt increases to 11.2%.

Size of capital structure at which the cost of debt changes = $30 million

e. Immediately after the change in the cost of debt, the weights of debt, preferred stock, and common equity remain the same. Only the cost of debt changes.

Marginal cost of capital after the change in the cost of debt:

WACC = (Wd * Rd) + (Wps * Rps) + (We * Re)

= (0.40 * 0.112) + (0.30 * 0.090) + (0.30 * 0.100)

= 0.0448 + 0.027 + 0.03

= 0.1018 or 10.18%

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QUESTION 17 average If an investment center has generated a controllable margin of HK$150,000 and sales of HK$600,000, what is the return on investment for the investment center operating assets were HK$1,000,000 during the period? 15% 25% 45% O 60%

Answers

The return on investment for the investment center operating assets was 15%.

The return on investment can be calculated as follows:
ROI = controllable margin ÷ average investment
ROI = (HK$150,000 ÷ HK$1,000,000) × 100%
ROI = 15%
Therefore, the return on investment for the investment center operating assets was 15%.
Return on investment (ROI) is a measure of profitability that is widely utilized in business to evaluate an investment's performance. This financial metric is used to assess the effectiveness of an investment or compare the efficiency of various investments in a business.To get a better understanding of a company's return on investment, you must first understand the controllable margin. The controllable margin is a financial metric that determines how much income a company generates after deducting variable costs. As a result, if a company wishes to increase its profitability, it should concentrate on increasing its controllable margin.Therefore, we can calculate the return on investment for an investment center if we know the controllable margin and the average investment. This will help us figure out how much profit a company is making on its investment.

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You are working for a company that does 2 things: makes paper clips and explores for oil. you are the financial manager of the paper clip division, which is far less risky than the oil exploration division. you are considering building a new paper clip factory, and will do a dcf analysis. which of the following is the worst decision you could make regarding what the project’s required rate of return is?
Multiple Choice
use the company’s overall WACC
use the pure play method
use the subjective method

Answers

When you are a financial manager of a paper clip division, you have less risk than oil exploration division, and you want to build a new paper clip factory. Therefore, you are considering performing a discounted cash flow (DCF) analysis to calculate the profitability of this project.

Among the choices given below, the worst decision you could make regarding what the project's required rate of return is, would be using the company's overall WACC. When a financial manager of a paper clip division uses the company's overall WACC, which is a mixture of debt and equity, it could lead to a lower cost of capital. A company's overall WACC is computed by taking the weighted average of the cost of capital, which is the rate of return that must be earned to satisfy the investors and lenders of the company. The overall WACC will result in a lower rate of return compared to a rate that was computed using the paper clip division's required rate of return. The paper clip division's cost of capital is based on the risks associated with its line of business, which is different from the oil exploration division. The paper clip division is less risky than the oil exploration division; therefore, the rate of return should reflect this difference. The use of overall WACC in the DCF analysis could give the wrong impression of the project's profitability and affect the decision-making process. Therefore, the financial manager of the paper clip division must use the cost of capital that reflects the risks associated with this line of business to determine the required rate of return.

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When a corporation issues bonds, the price that buyers are willing to pay for the bonds does not depend on which of the following below
a. face value of the bonds
b. market rate of interest
c. periodic interest to be paid on the bonds
d. denominations the bonds are sold

Answers

d. denominations the bond are sold

The price that buyers are willing to pay for bonds is not directly influenced by the denominations in which the bonds are sold.

other s, however, do affect the price:

a. face value of the bonds: The face value represents the principal amount that will be repaid at maturity and is a key factor in determining the bond's price.

b. market rate of interest: The prevailing market interest rate impacts the attractiveness of the bond's coupon payments compared to other investment s. As interest rates rise, the price of bonds generally decreases, and vice versa.

c. periodic interest to be paid on the bonds: The interest payments (coupons) are a significant factor in determining the price of bonds. Higher coupon payments generally increase the bond's price, while lower coupon payments may reduce its price.

In summary, the price of bonds is influenced by factors such as face value, market interest rates, and periodic interest payments. The denominations in which the bonds are sold do not have a direct impact on the price.

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Below is the basic model of an agricultural household: U = xºs x 5 x?: PMX = P.(Q - X) - w(L - F); X,+ F =T: Q = AL0.5 where P = price of market-purchased commodity; Pa = price of agricultural staple; w= wage rate; F= family labour input; L=total labour demand; XA = agricultural staple; XM market-purchased good; X = hours of leisure; T = total stock of household time; A = household's fixed quantity of land; Q=total output of agricultural staple - Assuming the agricultural household is a price-taker in all markets, consumes 10 hours of leisure out of a total time stock of 24 hours, pays a wage rate of Ghc 2, receives a price of Gh c 2 for its agricultural staple, pays a price of Ghc 3 for market-purchased commodity and employs 10 units of land for the cultivation of its agricultural staple. Answer the following questions: i. ii. iii. Show that the household's production decision does not depend on it consumption and labour supply decisions (4 marks) Does this household hire labour? If so, how much? (1 mark) What is the total output of the agricultural staple produced by the household? (2 marks) How much farm profit does this household make? (2 marks) What are the levels of XA and Xm that maximizes the household's utility? (7 marks) What is quantity of the household's marketed surplus of XA? (1 marks) iv. V. vi.

Answers

We get that: w = 0  P = ∂Q/∂XA The above equations imply that production decision is independent of consumption and leisure decisions of the household.

Total labor demanded by the household is given by L = ∂Q/∂L = (0.5 AQ) / L. Plugging the values of A= 10 and Q = 1000 (since XA= 500 and Pa = 2), we get: L = (0.5 x 10 x 1000) / L; hence L = 22.36 units. Since the household's total labor time is 24 hours and it uses 10 hours for leisure,  it will need to hire 12.36 units of labor.

The total output of the agricultural staple produced by the household can be given by Q= AL^0.5 = (10 x 100) ^ 0.5 = 31.62 units. The revenue from the sale of XA will be PQA = 2 x 31.62 = 63.24 Ghc. The household will also purchase XM which is equal to Q - XA = 1000 - 500 = 500 units.

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4. Explain the organisational formal and informal complaints procedures in 150-200 words.

Answers

Organizational formal and informal complaints procedures serve as channels for employees to address grievances and concerns within the workplace.

Formal complaints procedures involve a structured process outlined by the organization to handle employee complaints. This typically involves submitting a written complaint to a designated authority, such as a human resources department or a designated complaint officer. The formal process ensures that complaints are documented, investigated, and addressed in a systematic manner. It may involve gathering evidence, conducting interviews, and following established policies and procedures. The organization is responsible for ensuring confidentiality, fairness, and impartiality throughout the formal complaint process. Resolutions may involve disciplinary actions, mediation, or policy changes, depending on the nature and severity of the complaint.

Informal complaints procedures, on the other hand, provide employees with a less formalized approach to addressing issues. This can involve discussing concerns with a supervisor, manager, or a trusted colleague. Informal complaints procedures emphasize open communication, dialogue, and problem-solving. They offer a less intimidating environment for employees to voice their concerns and seek resolution. Informal procedures can lead to swift resolutions, increased understanding, and improved working relationships. However, it is important to note that some concerns may require a formal complaint process if they are not adequately addressed through informal channels.

Both formal and informal complaints procedures are essential for maintaining a healthy work environment and promoting employee well-being. They demonstrate an organization's commitment to addressing concerns, fostering open communication, and ensuring fairness and justice for all employees.

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If the effect of an improvement in consumer preferences is greater than an increase in factor prices for a particular good X, we can expect a. Equilibrium price and quantities to rise O
b. The outcome cannot be determined with certainty c. Equilibrium price and quantities to fall d. Equilibrium price will fall, quantities will rise e. Equilibrium price will rise, quantities will fall

Answers

If the effect of an improvement in consumer preferences is greater than an increase in factor prices for a particular good X, we can expect Equilibrium price and quantities to rise.

When we see the effect of an improvement in consumer preferences is greater than an increase in factor prices for a particular good X, then it means that the consumer preference is high and it directly affects the demand for a good X and it will raise the demand for good X.

This increase in demand leads to an increase in the equilibrium price and quantities. In this case, suppliers will supply more good X to meet the demand of the consumer, and it will raise the supply of good X in the market. The equilibrium price will rise as there is an increase in demand and the equilibrium quantity will rise as the quantity supplied is increased to meet the demand. Hence, the correct answer is option A. Equilibrium price and quantities to rise.

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4. A factor(s) used to measure an organization’s cultural strength is/are?
member agreement as to which values are core values
member agreement as to which core values are most important
the top management team’s use of values-based leadership
a & b
a & c

Answers

Factors that are used to measure an organization’s cultural strength are member agreement as to which values are core values, member agreement as to which core values are most important, and the top management team’s use of values-based leadership.

Culture is a critical aspect of any organization. It is something that is not tangible but is still present within the company. An organization's culture has a significant impact on its overall performance and success. A company's culture helps to shape the behavior and actions of employees, as well as the way that they interact with one another.Cultural strength is a measure of the strength of an organization's culture. It is a measurement of how aligned the company's values are, how strongly employees identify with those values, and how well those values are integrated into the daily life of the organization. An organization’s cultural strength is measured using several factors, including:Member agreement as to which values are core values: When a company's employees are united around a shared set of core values, it creates a strong sense of culture. This is because everyone in the organization is aligned around a common set of values.Member agreement as to which core values are most important: Not all values are created equal. Some values are more important than others in an organization. When employees are aligned around the most important values, it creates a stronger sense of culture.The top management team’s use of values-based leadership: Leadership is critical to building a strong culture. When top management is committed to a set of core values and is consistently modeling that behavior, it reinforces the importance of those values throughout the organization.

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Part I) President Nixon & Henry Kissinger sought to relax tensions with the Soviet Union and thus helped engineer what became known as detente.

A) True

B) False

Part II) James McPherson, in "Revisionist Historians," argued that revisionist works are outside the norm and that historians should avoid writing them.

A) True

B) False

Answers

Part I) The statement is true. President Nixon and Henry Kissinger indeed pursued a policy of detente to relax tensions with the Soviet Union. Detente refers to a period of improved relations and reduced hostility between the United States and the Soviet Union during the Cold War. Nixon and Kissinger sought to establish strategic arms limitations, promote diplomatic engagement, and reduce the risk of nuclear conflict through negotiations with the Soviet leadership.

Part II) The statement is false. James McPherson, in his essay "Revisionist Historians," did not argue that historians should avoid writing revisionist works. In fact, McPherson defended the importance of revisionist history as a crucial aspect of the historical discipline. He highlighted the value of challenging established narratives and critically reassessing historical events and interpretations. McPherson acknowledged that revisionist works often provoke controversy and disagreement but argued that they contribute to a deeper understanding of history by offering alternative perspectives and interpretations.

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Calculate the ratio of the surface areasb. If the larger solid has a surface area of 196 cm^2, what is the surface area of the smaller solid. In a vacuum (empty space), the speed of ultraviolet light is faster than the speed of a radio wave.True/False 1. Company owned a machine that was bought on January 1, 2013 for P8,000,000. The machine was estimated to have a useful life of five years and a residual value of P500,000. The entity used the sum of years' digits method of depreciation. On January 1, 2016, the entity determined that the total useful life of the machine should have been four years and the residual value is P600,000. What amount should be recorded as depreciation expense on the machine for 2016?2. Purchased on October 1, 2018 an equipment for P800,000. The equipment had an estimated useful life of 8 years. The estimated salvage value was estimated at P50,000 at the end of its useful life. The equipment is being depreciated using the double-declining balance method. What is the amount of depreciation to be charged against 2019 income?3.Corporation purchased land for P6,000,000. The company expected to extract 1 million tons of mine from this land over the next 20 years at which time, residual value shall be zero. During the first 2 years of the mine's operations, 30,000 tons were mined each year and sold for 80 per ton. The estimate of the total remaining lifetime capacity of the mine was raised to 1,200,000 tons at the start of the third year and the residual value was estimated to be P480,000. During the third year, 50,000 tons were mined and sold for P85 per ton. How much would be the depletion for the third year? which reaction will most likely take place based on the activity series? A. Pt+FeCl3-> B. Mn+CaO-> C. Li+ZnCO3-> D. Cu+2KNO3-> a has the coordinates (4, 3) and b has the coordinates (4, 4). if do,1/2(x, y) is a dilation of abc, what is true about the image a'b'c'? check all that apply.AB is parallel to A'B'.DO,1/2(x, y) = (1/2x, 1/2y)The distance from A' to the origin is half the distance from A to the origin.The vertices of the image are farther from the origin than those of the pre-image.A'B' is greater than AB. Golfers, Inc. (GI) manufactures golf-related equipment including golf balls. This years expected production of golf balls is 100,000 packs (each consisting of four golf balls). Cost data are as follows:Per Pack 100,000 PacksProduct costs directly traceable to balls: Direct materials $ 2.50 $ 250,000Direct labour 1.20 120,000Variable manufacturing overhead 0.15 15,000Fixed manufacturing overhead 60,000General allocated overhead 34,000$ 479,000The full cost of one pack of golf balls is $4.79. GI has received an offer from an outside supplier to supply any desired quantity of balls at a price of $5.85 per pack of four golf balls. The cost accounting department has provided the following information: The direct fixed manufacturing overhead is the cost of leasing the machine that stamps out the balls. The machine can produce a maximum of 500,000 balls per year. If the balls are bought, the machine will no longer be needed. No other costs will be affected.Required:1. Prepare an analysis showing whether GI would be better off making or buying the balls at a projected volume of 100,000 packs (400,000 golf balls). (Round "Per Unit" answers to 2 decimal places.)per unit make buy differencepurchase Direct Material Direct Labour varaible manufacturing overhead fixed manuacturing overhead common cost allocated to product linetotal cost2-a. At what volume would GI be indifferent between making and buying? (Do not round intermediate calculations and round your final answer to nearest whole number.)indifference point ________________? packs2-b. What does the indifference point indicate? (Do not round intermediate calculations and round your final answers to nearest whole number.)it will cost more to buy/make? if the quality exceeds ______________ packsit will cost more to buy/make if the quality exceed -------------- packs