Answer:
The two dominant types of life/health marketing systems are the general agency and the managerial (branch office) system. General Agency System A general agent is an independent businessperson rather than an employee of the insurance company and is authorized by contract with the insurer to sell insurance in a specified territory.
Explanation:
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financial planners may earn compensation from which of the following forms? select one. question 5 options: a) a percentage of assets managed b) an hourly rate or fee c) a commission on investment and insurance products sold d) all of the above
Financial planners can utilize any of these methods or a combination of several to earn compensation. The correct answer is (D).
How do financial planners earn compensation?Each financial advisor company has a different payment structure. In other words, businesses don't choose a single strategy that works for everyone. However, in general, there are three primary ways that financial counselors generate income:Client fees: These are typically calculated as a percentage of the assets under management for each client, on an hourly basis, or on a fixed basis.Commissions: These are fees that are charged in connection with some financial activities, such as the sale of insurance policies or the purchase and sale of particular securities.Salaries: This is a common way for on-staff advisors to get paid.To learn more about financial planners' income, refer to:
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elan, a u.s. corporation, completed the december 31, 20x8, foreign currency translation of its 70 percent owned swiss subsidiary's trial balance using the current rate method. the translation resulted in a debit adjustment of $25,000. the subsidiary had reported net income of 800,000 swiss francs for 20x8 and paid dividends of 50,000 swiss francs on september 1, 20x8. the translation rates for the year were:
.57 is the translation rates for the year 2018 and $1,881,050 is subsidiary's trial balance of elan corporation in the year 2018 using the current rate method.
What is current rate method ?The current rate method is a widely used method of currency conversion that makes use of the current exchange rate on the market. The process of converting a parent company's foreign subsidiaries' financial results into that functional currency is known as currency translation.When a company has operations abroad, it could be necessary to convert the foreign currency that is earned by such operations into the presentation currency, which is the currency that is used to prepare the firm's financial statements.By dividing the amount of the initial currency by the amount of the foreign currency you will receive back, you can determine the exchange rate.
The formula is: Starting Amount (Original Currency) / Ending Amount (New Currency) = Exchange Rate.
jan 1 2008 .55 =1 franc
sept 1 .59 = 1 franc
Average for the year .57 = 1 franc
The January 1 balance of the investment in the Swiss subsidiary account was $16,00,000
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In the narrowest definition of money, m1, savings accounts are excluded because they are.
Savings accounts are not included in the M1 definition of money since they are not a medium of exchange.
Because doing so would essentially include the same amounts twice—once as cash and again as a deposit—cash in bank vaults isn't included in M1. The purpose of vault cash is to offer deposits from clients liquidity. In order to ensure that there is $100 in your account when you try to withdraw it, the Federal Reserve mandates banks to hold a specific percentage of deposits as cash on hand. That $100 was part of the bank's demand or checkable deposits when it was kept in the bank. When you take it out, it starts to function as legal tender.
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anita currently has 25 years of service and an average annual salary of $47,000 over her last 5 years of employment. she was looking forward to retirement but has been offered a promotion. if she continues to work for 5 more years and increases her average annual salary to $57,000, how much will her monthly pension benefit increase according to the typical pension benefit formula as described in your text?
25 years of service typical pension =23500 Promoted typical pension=32400, So the pension is increased by $10700
How does a typical pension plan work?When you have a pension plan, your employer must make regular contributions to your account. When you reach retirement age, you begin receiving monthly checks for the accrued pension. The majority of the time, a formula is used to calculate your payment. Your age, salary, and number of years working for the company are a few of the formula's inputs.
25*2%*47000=23500
30*2%*57000=34200
Anita is currently 25 years of experience so she will get the typical pension of $23500
While she was promoting for 5 years the pension should be 34200 Because she has 30 years of experience and the salary is increased
If you begin contributing to your pension at age 30, divide by two, which equals 15, to get 15. The recommended amount to contribute to your pension fund up until retirement is this portion of your pre-tax income. As an illustration, if you are 30 years old, 15% of your income should go toward pension contributions.
Therefore the typical pension increased 34200-23500= $10700
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decentralized business organization is one in which all major planning and operating decisions are made by top management. True or False
"Decentralized business organization is one in which all major planning and operating decisions are made by top management." This statement is True.
business is the practice of making one's living or making money by generating or buying and promoting merchandise. it's also "any interest or organization entered into for income." A commercial enterprise is defined as an enterprise or enterprising entity engaged in industrial, commercial, or expert sports. organizations can be for-income entities or non-income businesses. enterprise kinds variety from restricted liability businesses to sole proprietorships, groups, and partnerships.
historically, commercial enterprise clearly intended exchange or exchange for matters humans wanted or wanted. nowadays it has a more technical definition. ● One definition of enterprise is the production, distribution, and sale of. goods and offerings for an income.
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if mike thinks quality is more important than quantity and nick disagrees, what is likely the basis for their conflict? responses arbitration arbitration solution solution mediation mediation disagreement in values
If mike thinks quality is more important than quantity and nick disagrees, then disagreement in values is likely the basis for their conflict.
What is Value Conflict?
Differences in deeply held beliefs and views of the world lead to a difference of opinion known as a value conflict. Because the disagreements are founded on beliefs rather than facts, the conflict cannot be easily resolved with facts.
People can be persuaded to change their ideas when given rational and compelling arguments, yet reasoning and persuasion are ineffective for altering core values. Value conflicts put the conventional approaches to dispute resolution to the challenge, from disparities between individuals to differences between nations. Appealing for consensus on a value that is more highly valued and deeply ingrained than the one in dispute is an effective way to reach a resolution.
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a decrease in accumulated depreciation is most likely to result from: a) selling or disposing of a long-lived asset. b) increasing the salvage value of a long-lived asset. c) decreasing the estimated useful life of a long-lived asset.
The cumulative depreciation of an asset up to a single point in its life is known as accumulated depreciation.As a counter asset account, accumulated depreciation's natural balance is a credit that lowers the asset's total value.
According to generally accepted accounting principles (GAAP), the matching principle requires that expenses be allocated to the same accounting period during which the relevant revenue is realized.
A business will deduct a portion of an asset's value through depreciation over the course of each year of its useful life.This means that the expense related to using up the asset is reported every year it is put to use and generates income.
The total amount of depreciation applied to an asset up to a particular point is known as accumulated depreciation.The beginning cumulative depreciation balance is increased with each period's depreciation expense.
In the balance sheet, an asset's carrying value is determined by subtracting its accumulated depreciation from its historical cost.An asset's carrying value on the balance sheet will correspond to its salvage value at the end of its useful life.
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red offers to pay sari to deliver certain documents within thirty minutes. sari can accept the offer only by completing the task within the deadline. if she does, red and sari will have a. a bilateral contract. b. a void contract. c. a unilateral contract. d. an executive contract.
Red promises to compensate Sari if she can provide specific documents in thirty minutes. Sari can accept the offer only if she completes the assignment by the deadline. Red and Sari will have a unilateral contract if she does. Thus, the right option is (c.) a unilateral contract.
What is a unilateral contract?In contrast to the more usual bilateral contract, a unilateral contract is a sort of agreement in which one party (also referred to as the offeror) makes an offer to another person, organization, or the general public.
A unilateral contract would look like this: "I will pay you $1,000 if you transport my automobile from Cleveland to San Francisco." Acceptance is demonstrated by bringing the automobile. Normally, the distinction is sole of academic relevance.
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who initially collaborates with the project manager on the lessons learned document? everyone in the organization the stakeholders the project team members the project sponsor
The project manager and members of the project team first work together on the lessons-learned paper.
Who is in charge of the project management lessons that have been learned?Project managers typically lead review meetings and present lessons learned. Analyze, store, and retrieve are the three process groups that are involved. Analyze: After data on lessons learned has been gathered, analyze each lesson's root cause to determine what needs to be improved.
Why are project management lessons learned important?Creating a culture of knowledge sharing within an organization is primarily made possible by the project management lessons learned process. The use of prior knowledge to complete projects and advance organizational learning is encouraged by this process.
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a manufacturer of educational toys for children aged 2 to 4 wants to develop a marketing strategy to focus on just this segment. which market segmentation approach would the firm most likely use?
The strategy that the company would most likely employ for market segmentation is the concentration approach.
What does the approach for segmenting a concentrated market entail?One of four segmentation strategies that can be used (the others being differentiated segmentation, product line growth, and market segment expansion); under a concentrated segmentation strategy, a company focuses on one product for one market segment.
What does marketing's concentration approach entail?A concentration strategy is when a company concentrates on a certain clientele, a particular product, or a particular geographical market. As the name suggests, the main goal is to enable the company to focus its efforts rather than diversify them.
What, using an example, is concentration strategy?A smart and practical business strategy is concentration. It competes in the same market and concentrates on a specific niche. The top fast-food companies in the world, including Subway, McDonald's, and Starbucks, all employ the same concentration strategy of focusing on a single type of customer.
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What is the most likely explanation for Sarah maintaining a log of each time she spends or receives money?
The most likely explanation for Sarah maintaining a log of each time she spends or receives money is: D. preparing a budget to review her expenses.
What is a budget?In Economics, a budget can be defined as a financial plan that is typically used for the estimation of revenue and expenditures (expenses) of an individual, business organization or government in the form of money, especially for a specified period of time, often one year.
In this context, we can reasonably infer and logically deduce that Sarah is keeping a record of the money she either receives or spends in order to enable her prepare a budget with respect to reviewing her daily expenses.
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Complete Question:
What is the most likely explanation for Sarah maintaining a log of each time she spends or receives money?
A. making a note each time she receives money so that she does not forget where it came from
B. making a note of each expense so that she does not repeat purchases
C. preparing a report for her bank on how she spends money
D. preparing a budget to review her expenses
ollowing accusations of sexual harassment and retaliation against union organizers, recently launched an internal website for employee complaints as a way to
The Human Rights Law mandates that all New York State employers, regardless of their number of employees, provide a sexual harassment-free workplace.
I think I've been harassed sexually. What ought I to do?You should tell your employer, temporary agency, or placement agency if you think you have been sexually harassed. You can get in touch with the New York State Division of Human Rights if you believe that your employer is harassing you or if you are unsure of how they will respond. The Division of Human Rights is able to look into complaints.
You can also file a complaint with the New York State Division of Human Rights at the same time or later. Kindly note: Within one year of the alleged act of discrimination, a complaint must be filed with the Division of Human Rights (within three years for sexual harassment only, beginning August 12, 2020).See the Division's "Sexual Harassment" brochure for additional details.
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which of the following is deductible in calculating drd modified taxable income? multiple choice nol carryovers dividends received deduction net capital loss carrybacks charitable contribution deduction
Taxable income before DRD, any NOL, DPAD, and capital loss carrybacks constitute modified taxable income. This limit does not apply if full DRD causes NOL to be extended or created. creates a permanent, favorable book-tax difference. Compliance.
After the DRD, what is Corporation X's taxable income?Corporation X can now deduct the entire $800, which is equal to 80% of $1,000 in dividends. Due to the DRD's net operating loss, the taxable income cap does not apply.
What kind of income is considered taxable?In most cases, everything you receive as payment for personal services must be included in your gross income. This includes things like stock options and fringe benefits in addition to wages, salaries, commissions, fees, and tips.
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wherever i go in the world, i can find coca cola. it is literally sold in millions of outlets in almost every country in the world. coca cola's distribution market coverage can best be described as
Coca-Cola can be found anywhere in the world. It is sold in literally millions of outlets in nearly every country on earth. The distribution market coverage of Coca-Cola is best described as INTENSIVE.
What is "intensive distribution"?Intensive distribution can be defined as a marketing technique in which the company's products are made available to customers in as many locations as possible. Typically, this involves selling products at as many outlets as possible. Intensive distribution companies typically offer their items to both small local retailers and large national chains. This increases the possibility of customers finding products whenever they need them, which could result in more sales.
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in preparing the april bank reconciliation for oscar company, it was discovered that on april 10 a check was written to pay delivery expense of $45 but the check was erroneously recorded as $54 in the company's books. which of the following journal entries would correct this error? multiple choice account title debit credit delivery expense 45 cash 45 account title debit credit cash 9 delivery expense 9 account title debit credit delivery expense 9 cash 9 account title debit credit cash 54 delivery expense 54
Correction for this error would result in an increase in cash and a $9 reduction in shipping costs.
Why have shipping charges gone up?Public health rules prevented ship and truck personnel from crossing international borders. Supply networks were unable to keep up with the increased demand brought on by extensive lockdowns and large stimulus packages. In addition to adding to delivery delays, the price of moving products increased.The cost of shipping containers is declining globally as a result of the quick reduction in shortages and congestion that afflicted maritime trade for a significant portion of the epidemic (see chart). In addition to providing an indication of decreasing demand in the global economy, the decline may help to lower the stubbornly high inflation rate.To learn more about Shipping cost refer to:
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which of the following is a sign that an abc system may be useful for an organization? a. significant amounts of indirect costs are allocated using multiple cost pools. b. products make similar demands on resources because of similarities in volume, process steps, batch size, or complexity. c. many indirect costs are described as batch-level costs, product-sustaining costs, or facility-sustaining costs. d. operations staff disagrees with accountants about the costs of manufacturing and marketing products and services.
The following is a sign that an ABC system may be useful for an organization operations staff disagrees with accountants about the costs of manufacturing and marketing products and services.
ABC assumes that the resource-ingesting sports that generate prices are sports and now no longer outputs. ABC is suitable for all styles of fee accumulation systems, such as each activity order and technique costing. ABC device are probably to offer the maximum advantages to a business enterprise with sizable quantities of oblique prices which can be allotted the usage of simply one or prices swimming pools and merchandise that make various needs on resources.
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gigi works for a brokerage in sarasota, and a lender asks her to provide a professional opinion on how much a local property is worth. once she conducts her research and provides her estimate, what term is she allowed to use to describe her findings?
Kenneth can use the settlement statement to compare loan products from different lenders because it lists all closing costs. The buyer's net sheet contains all of the information needed to compare loan products.
What is a buyer broker's responsibility, according to BRRETA?It is the responsibility of the buyer's broker to disclose significant negative financial information. Negative information regarding the buyer's financial capacity to fulfill the terms of the contract should be disclosed.
When my mortgage is sold to a different company, what happens?You should not be impacted by a mortgage loan transfer or sale. The loan's terms, balance, and interest rate can't be changed by a lender from what you originally signed. The amount of the payment shouldn't just change. Additionally, it should not affect your credit score, according to Whitman.
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a notice filing would be most appropriate for which of the following new issues? a) federal credit union shares b) open-end investment company shares c) railroad equipment trust certificate d) intrastate offering
a notice filing would be most appropriate for option b) open-end investment company shares
The NSMIA does not require investment companies that are registered under the Investment Company Act of 1940 to register with the states. However, the majority of states demand fee payment and notice filing. Shares of federal credit unions and trust certificates for railroad equipment are exempt securities, and intrastate issuers must register using qualification.
An open-end investment corporation continuously offers its redeemable shares for sale. In financial parlance, a mutual fund is referred to as an open-end investment corporation. The net asset value of a fund, plus any commission or sales charges, is the purchase price of the fund.
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What economics topics will i find in the end of year exams. Help anyone.plese hell
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suppose that a small town wants to install street lamps, which are nonrival in consumption and nonexcludable. each of the 25 people in the town value street lamps according to the given schedule. street lamps each cost $250 to install. use this information to answer the questions. what is the socially optimal number of street lamps?
6 street lamps are the socially optimal number of street lamps
The entire profit to society from making or victimization associate degree items or services is thought of as social profit. All non-public advantages, furthermore as any external advantages of production/consumption, square measure enclosed within the social profit. workers worth quite simply their salary; social perks have big in importance for businesses and square measure an essential call. Considering employment provides for one's well-being (which interprets into performance) at the organisation
Externalities square measure circumstances during which the result of a manufacturing or intense product and services imposes prices or advantages on others that don't seem to be drawn within the costs charged for such products and services.
The socially best range of street lamps would be the amount, wherever the incremental cost of putting in a lamp is adequate the utility of the road lamp. The incremental cost is $250. There square measure twenty-five folks, thus we are able to see that for 6 street lamps, the utility would be 250.
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Answer:
The socially optimal number of street lamps will be 6
The maximum number of street lamps that will be built by the remaining five people will be 0
Each person be taxed to pay for the optimal number of street lamps if everyone is taxed equally will be $60
residential construction company agrees with its employees' union not to buy any nonunion-produced goods from other firms for use on residential construction job sites. this is
Residential Construction Company agrees with its employees' union not to buy any nonunion-produced goods from other firms for use on Residential Construction job sites. This is a prohibited secondary boycott.
What is Residential Construction?
Construction on single-family or two-family homes that are used, or planned to be used, largely for residential purposes is referred to as residential construction. A project is a set of activities carried out by a construction business for a buyer in residential construction. These projects often involve remodels, additions, renovations, design-builds, or brand-new homes that include all the financial information, project schedules, documentation, tasks, and communications needed to complete the work from beginning to end.
Any form of construction must follow specified rules and can only begin when a permit has been secured from the state's granting agency. This is necessary to ensure that the project moves forward securely and without putting anyone's life in danger before, during, or after the building's construction.
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atlantis fisheries issues zero coupon bonds on the market at a price of $406 per bond. these are callable in 8 years at a call price of $650. using semiannual compounding, what is the yield to call for these bonds
2.34% Yield to call is the rate that would make the issue price equal to the call price in future.
It is therefore the rate that would compound the $408 to $650 in 8 years.
Semiannual compounding means that the interest rate and the number of periods need to be adjusted:
Number of periods = 8 * 2 = 16 semi annual periods
Interest = x / 2 = 0.5x
Call price = Issue price * ( 1 + rate) ^ number of periods
650 = 406 * (1 + 0.5x)¹⁶
(1 + 0.5x)¹⁶ = 650 / 406
0.5x = ¹⁶√ (650/406) - 1
x = 19.24480 / 0.5
x=38.4896
x = 2.34%
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derek receives a promotion at his law firm after winning an important case. this is an example of a:
When Derek receives a promotion at his law after winning an important case : This is an example of Positive formal sanction.
What do you mean by Positive formal sanction?
Positive sanctions can be defined as the rewards which are given for conforming to norms. For example a promotion at work is a positive sanction for working hard. They are quite important in social control. Other examples of positive formal sanction include Graduation certificates, pay raises, promotions, awards, and medals.
Sanctions are used to enforce compliance with social norms. Sanctions are positive when they are used to celebrate conformity.
Types of Sanction includes
formal sanctions.informal sanctions.negative sanctions.positive sanctions.Hence, the above-mentioned case represents Positive formal sanction.
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what is the best technique for revealing the different market or competitive position that rival firms occupy in the industry? strategic group mapping pestel analysis five forces framework the value net framework competitor analysis
Competitors are the businesses in the market that produce similar goods to other businesses.It gives the customer a choice of various quality and price ranges.Domino's and Pizza Hut, which both make pizza, are competitors.
How can the various markets be revealed most effectively?
Strategic group mapping is the most effective method for revealing competitors' market positions.
What is the method for analyzing competitors?
Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis This framework can be used to analyze your rivals as well as to comprehend external and internal factors affecting your business.
Which structure assists with figuring out the business contention?
A model or tool that marketing professionals can use to compare their business plan or marketing strategy to that of their competitors is called a competitive analysis framework.A marketing competitive analysis's visual structure can be created using this model.
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christie, incorporated, has identified an investment project with the following cash flows. yearcash flow1$ 1,08021,31031,53042,270 a.if the discount rate is 9 percent, what is the future value of these cash flows in year 4? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)b.if the discount rate is 12 percent, what is the future value of these cash flows in year 4? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)c.if the discount rate is 23 percent, what is the future value of these cash flows in year 4?
If the discount rate is 9 percent, the future value of these cash flows in year 4 is $5,480.30. If the discount rate is 12 percent,the future value of these cash flows in year 4 is $6,030.36. If the discount rate is 23 percent, the future value of these cash flows in year 4 is $7,275.42
a)-Future Value at 6.00%
Future Value = [$1,075 x (1 + 0.06)^3] + [$1,210 x (1 + 0.06)^2] + [$1,340 x (1 + 0.06)^1] + [$1,420 x (1 + 0.06)^0]
Future Value = [$1,075 x 1.191016] + [$1,210 x 1.1236] + [$1,340 x 1.06] + [$1,420 x 1.0000]
Future Value = $1,280.34 + $1,359.56 + $1,420.40 + $1,420
Future Value = $5,480.30
(b)-Future Value at 13.00%
Future Value = [$1,075 x (1 + 0.13)^3] + [$1,210 x (1 + 0.13)^2] + [$1,340 x (1 + 0.13)^1] + [$1,420 x (1 + 0.13)^0]
Future Value = [$1,075 x 1.442897] + [$1,210 x 1.2769] + [$1,340 x 1.13] + [$1,420 x 1.0000]
Future Value = $1,551.11 + $1,545.05 + $1,514.20 + $1,420.00
Future Value = $6,030.36
(c)-Future Value at 27.00%
Future Value = [$1,075 x (1 + 0.27)^3] + [$1,210 x (1 + 0.27)^2] + [$1,340 x (1 + 0.27)^1] + [$1,420 x (1 + 0.27)^0]
Future Value = [$1,075 x 2.048383] + [$1,210 x 1.6129] + [$1,340 x 1.27] + [$1,420 x 1.0000]
Future Value = $2,202.01 + $1,951.61 + $1,701.80 + $1,420.00
Future Value = $7,275.42
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experts recommend that the incentive potential for outstanding performance compared to average performance should be:
Experts recommend that the incentive potential for outstanding performance compared to average performance should be three times that of average performance.
Employers can use incentives to recognize workers for their efforts while also increasing workplace motivation and productivity. Any program or award used in the workplace to promote employee performance and boost productivity is considered an employee incentive. Although rewards might be tangible items of value or material things, there are also many situations in which acts or intangible rewards are presented as rewards.
Average performers typically execute the tasks required of them at work and may think that is adequate. They don't frequently go above and beyond what their company expects of them, in contrast to high-performing employees.
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if natural monopolists were required to charge a price equal to marginal cost they would selected answer: incorrecta. maximize profits answers: a. maximize profits b. minimize costs correctc. lose money d. all of the above e. none of the above
The apt response is choice (B). Natural monopolists would increase earnings if they were forced to charge a price that was equal to their marginal costs.
What takes place in a monopoly when the price and the marginal cost are equal?Price and marginal cost are identical in a market with perfect competition, and businesses make no economic profit. In a monopoly, the price is set above the marginal cost, and the company makes a profit. In an equilibrium when perfect competition prevails, a good's supply and price are both economically efficient.
The first is that setting a price equal to marginal cost means that the price is less than average cost, which means that the firm will lose money because a natural monopoly has a constant marginal cost that is less than average cost. Unless the government provided financial support, the company would then leave the sector.
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a challenge for human resource managers because of the change from traditional manufacturing to service and high-tech manufacturing industries is: multiple choice question.
A challenge for human resource managers due to the transition from traditional manufacturing to service and high-tech manufacturing industries is the need to retain workers.
The most challenging part of a human resources manager's job is managing benefits and benefits programs, health insurance, disability, paid vacation, and the company's benefits and benefits program can be extensive and complex.
Twenty-three percent of HR professionals believed that managing these programs was the most challenging part of the job. Future challenges include talent management, improving leadership development and managing work-life balance are seen as key future challenges for HR departments. . Anticipating change is another key challenge for the future.
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it takes the blacksburg shipyard twenty weeks with 200 workers to build an airplane. material costs are $15 million and overhead costs are $1.5 million. workers cost $35 per hour including benefits and work 40 hours per week. each airplane sells for $50 million. what is the multifactor productivity ratio? group of answer choices less than 1.0 greater than 2.0 but less than or equal to 3.0 greater than 1.0 but less than or equal to 2.0 greater than 3.0
C) The preferred value is more than 1.0 but less than or equal to 2.0.
A multifactor productivity is what?A measure of economic performance known as multifactor productivity (MFP) contrasts the quantity of output and the quantity of all the inputs used to produce that output. Combinations of inputs may include labor, money, energy, supplies, and services that have been purchased.
Calculation:
Given:
Weeks (W) = 20
Number of workers (N) = 200
Material costs (MC) = $15 million
Overhead costs (OC) = $1.5 million
Workers' cost per hour (WC) = $35
Hours per week (H) = 40
The selling price of the ship (SP) = is $50 million.
Now,
Labour Costs = Workers Costs Per Hours × Hours Per Week × Weeks × Number of Workers Labor Costs
= 35 × 40 × 20 × 200 Labour Costs
= $56,00,000
Now,
Multifactor Productivity Ratio = Value of Input (Material Costs + Labor Costs + Overhead Costs) / Value of Output(Selling Price of Ship)
Multifactor Productivity Ratio = [tex]\frac{50,000,000}{15,000,000+56,00,000+15,00,000}[/tex]
Multifactor Productivity Ratio = [tex]\frac{50,000,000}{2,21,00,000}[/tex]
Multifactor Productivity Ratio = 2.26
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a problem is listed below. identify its type. craig bought a new boat. he made a 11% down payment. he financed the rest through his bank for 4 years. his bank charged 7% per year compounded monthly and his monthly payments were $200. what was the original price of the boat? a) amortization b) present value of an annuity c) present value d) future value of an annuity e) sinking fund f) none of the above.
If his bank charged 7% per year compounded monthly and his monthly payments were $200, the boat's original cost would be its present value.
A bank is a type of financial institution that offers loans, creates demand deposits from public deposits, and accepts deposits from the general public. The bank can engage in lending directly or indirectly through original cost capital markets.
Most jurisdictions regulate banks heavily because they are crucial to both the financial stability and the economy of a nation. A system known as fractional reserve banking, in which banks hold liquid assets equal to only a portion of their current liabilities, has been institutionalized in the bank majority of nations. Banks are typically required to maintain a original cost minimum level of capital based on the Basel Accords, an international set of capital standards, in addition to other regulations aimed at ensuring liquidity.
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