Front desk agents should validate the card used by a guest as that guest's preferred form of payment at the time of the guest's arrival (c).
This helps ensure that the payment method is valid and can be used to cover any charges during the guest's stay. It is also important to monitor the number of hotel rooms remaining to be sold and to consider the possibility of a sell-out, which could impact the guest's ability to extend their stay or make changes to their reservation.
By authorizing the card in advance and staying aware of the hotel's occupancy levels, front desk agents can help ensure a smooth and successful guest experience.
Front desk agents should authorize (validate) the card used by a guest as that guest's preferred form of payment at the time of the guest's arrival. This helps ensure a smooth check-in process and confirms the guest's ability to pay for their stay.
Therefore, the correct answer is option c. guest arrival.
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Given the following information, calculate the rate of increase in the price level (inflation rate) from 2013 to 2014.Real GDP2013: $9,5002014: $9,500Nominal GDP2013: $10,0002014: $12,000a) 0%b) 8%c) 10%d) 20%
The correct answer is d) 20%. The rate of increase in the price level (inflation rate) from 2013 to 2014 is 20%.
To calculate the rate of increase in the price level (inflation rate) from 2013 to 2014, we can use the GDP deflator formula:
Inflation Rate = [(Nominal GDP in 2014 - Nominal GDP in 2013) / Nominal GDP in 2013] x 100
Given the nominal GDP values:
Nominal GDP in 2013: $10,000
Nominal GDP in 2014: $12,000
Inflation Rate = [($12,000 - $10,000) / $10,000] x 100 = 20%
Therefore, the correct answer is d) 20%. The rate of increase in the price level (inflation rate) from 2013 to 2014 is 20%.
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a(n) ________ view of ethics states that more productive workers should get more pay, and less productive workers less pay, regardless of other circum
A utilitarian view of ethics states that more productive workers should get more pay, and less productive workers less pay, regardless of other circumstances.
The view of ethics that states that more productive workers should receive more pay and less productive workers should receive less pay is known as the performance-based pay system. This system believes that an individual's pay should be based solely on their work output and performance rather than other factors like seniority, education, or experience. The idea behind this view is that it will motivate employees to work harder and be more productive, resulting in higher profits for the company. However, critics argue that this approach can create an unfair work environment and may lead to discrimination against certain employees. Ultimately, the decision to implement a performance-based pay system depends on the organization's values, culture, and goals. Companies that prioritize fairness and inclusivity may choose to consider other factors beyond just productivity when determining pay. important to provide a comprehensive explanation of the topic.
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the cost of capital depends primarily on the source of the funds, not the use.
The statement "The cost of capital depends primarily on the source of the funds, not the use" is true.
The cost of capital refers to the cost of obtaining funds for a business, which can come from various sources such as equity or debt. The cost of capital is primarily determined by the source of the funds since each source of capital has its own unique cost of capital. For example, equity financing may have a higher cost of capital than debt financing due to the higher risk involved for investors.
On the other hand, the use of the funds may affect the risk of the investment and impact the cost of capital. However, the primary driver of the cost of capital is the source of the funds. Therefore, understanding the cost of capital associated with different sources of funds is crucial for businesses to make informed decisions about their financing options.
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which of the following best describes how marriott's clear pricing can help you provide a great customer experience?
Marriott's clear pricing strategy can help provide a great customer experience in several ways.
First, when customers are searching for hotels, they often compare prices from different brands. With Marriott's clear pricing, customers can easily understand the costs of their stay without any hidden fees or surprises. This transparency can build trust and enhance the overall customer experience.
Second, clear pricing can help customers feel more confident in their booking decisions. They are more likely to choose a Marriott hotel when they can see the total cost of their stay upfront, making them less likely to have any unexpected charges during their stay.
Third, clear pricing can also help reduce customer complaints and improve guest satisfaction. By providing a straightforward and transparent pricing structure, Marriott can avoid any misunderstandings or disputes with guests over pricing or billing issues. This can lead to a smoother and more enjoyable customer experience overall.
Overall, Marriott's clear pricing can help provide customers with a sense of trust, confidence, and satisfaction, leading to a great customer experience.
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T/F: Themed restaurants such as the ESPN zone (sports theme), Rainforest Cafe (jungle theme), and Chuck E. Cheese (kids theme) are all examples of Entertainment facilities.
True. Themed restaurants such as the ESPN Zone, Rainforest Cafe, and Chuck E. Cheese are all examples of entertainment facilities.
True. Themed restaurants such as the ESPN Zone, Rainforest Cafe, and Chuck E. Cheese are all examples of entertainment facilities. These restaurants are designed to provide more than just food; they offer an immersive experience that can be enjoyed by people of all ages. For example, the ESPN Zone features interactive games and sports memorabilia, the Rainforest Cafe has animatronic animals and rainforest-themed decor, and Chuck E. Cheese has arcade games and an animatronic mouse mascot. These restaurants are often popular destinations for families with children, but they can also be enjoyed by adults who are looking for a unique dining experience. Overall, themed restaurants are a fun and entertaining way to enjoy a meal while immersing oneself in a unique environment.
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the purchase and public display of goods known to be costly and unnecessary for basic survival is known as
The purchase and public display of goods known to be costly and unnecessary for basic survival is known as conspicuous consumption. Therefore, the correct answer is option a.
Conspicuous consumption refers to the act of buying and showcasing luxury or high-end goods primarily to demonstrate one's wealth, social status, or success. It involves purchasing items that are beyond what is essential for basic needs and deliberately showcasing them to others.
The motive behind conspicuous consumption is often to project a certain image or signal one's affluence and social standing. This phenomenon is closely associated with the sociological concept of conspicuous consumption introduced by Thorstein Veblen.
According to Veblen, individuals engage in conspicuous consumption as a means of displaying their social status and gaining admiration or respect from others. Conspicuous consumption is often prevalent in societies where social status and material possessions are highly valued.
Public display marketing, on the other hand, refers to promotional efforts made by companies to showcase their products or services to the public. While public display marketing can contribute to conspicuous consumption by creating desire or aspiration for certain goods.
It is not specifically the term used to describe the act of purchasing and displaying costly and unnecessary items for social signaling purposes.
In summary, the purchase and public display of costly and unnecessary goods for the purpose of demonstrating wealth and social status is known as conspicuous consumption.
This behavior goes beyond basic survival needs and reflects a desire to project a certain image or status within society. Therefore, the correct answer is option a.
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Complete Question:
The purchase and public display of goods known to be costly and unnecessary for basic survival is known as?
a. Conspicuous consumption
b. Necessity purchasing
c. Luxury buying
d. Public display marketing
the lawn ranger, a landscaping company, has total costs of $7,000 and total fixed costs of $5,000. the lawn ranger's total variable costs are
A) S0. B) $3,000. C) $5,000. D) indeterminate because the firm's output level is not known.
The Lawn Ranger's total variable costs are $2,000.
To determine the Lawn Ranger's total variable costs, we'll need to use the given information about the landscaping company's total costs and total fixed costs. The total costs are $7,000, and the total fixed costs are $5,000.
Step 1: Identify the equation needed to calculate variable costs:
Total costs = Fixed costs + Variable costs
Step 2: Plug in the given values into the equation:
$7,000 (total costs) = $5,000 (fixed costs) + Variable costs
Step 3: Solve for variable costs:
$7,000 - $5,000 = Variable costs
$2,000 = Variable costs
The Lawn Ranger's total variable costs are $2,000, which is not among the options provided (A, B, C, D).
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A covenant that specifies a required minimum level of net worth and working capital is a/an:
compliance covenant.
implicit covenant.
negative covenant.
financial covenant.
A covenant that specifies a required minimum level of net worth and working capital is option d). financial covenant.
A financial covenant is a contractual agreement between a borrower and a lender that sets certain financial parameters or requirements that the borrower must meet. In this case, the covenant specifies a minimum level of net worth and working capital. Net worth refers to the difference between a company's assets and liabilities, indicating its overall financial health. Working capital, on the other hand, represents a company's short-term liquidity and is calculated by subtracting current liabilities from current assets.
Therefore, the covenant described in the question is a financial covenant because it outlines specific financial requirements related to net worth and working capital.
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The consolidation in the financial industry into fewer and larger firms:
A. progressed further in the Financial Crisis of 2007-2008
B. was reversed in the Financial Crisis of 2007-2008
C. slowed down in the Financial Crisis of 2007-2008
D. halted in the financial crisis of 2007-2008
The consolidation in the financial industry into fewer and larger firms: is A. progressed further in the Financial Crisis of 2007-2008.
The consolidation in the financial industry into fewer and larger firms progressed further during the Financial Crisis of 2007-2008. The crisis had a significant impact on the financial sector, leading to the collapse or near-collapse of several major financial institutions.
As a result, there were extensive mergers, acquisitions, and consolidations within the industry, with smaller and weaker firms being absorbed or taken over by larger and more stable ones. This process of consolidation aimed to strengthen the financial system, restore stability, and mitigate systemic risks.
The Financial Crisis of 2007-2008 prompted the progression of consolidation in the financial industry, with fewer and larger firms emerging through mergers and acquisitions. The crisis acted as a catalyst for reorganizing and restructuring the sector to address vulnerabilities and enhance stability in the aftermath of the crisis.
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osteoblasts_______bone while osteoclasts _______ bone. group of answer choices breakdown, build breakdown, mineralize catabolize, anabolize build, breakdown
Option (b), Osteoblasts build bone while osteoclasts breakdown bone.
Osteoblasts are bone-forming cells that synthesize and deposit the organic matrix of bone tissue. They are responsible for bone formation during growth and bone remodeling throughout life. Osteoblasts also secrete alkaline phosphatase, which is important for mineralization of the bone matrix.
On the other hand, osteoclasts are large cells that are responsible for bone resorption or breakdown. They break down bone tissue by secreting enzymes and acids that dissolve the mineral components of bone. This process is important for the maintenance of bone health and the regulation of calcium levels in the body.
Overall, osteoblasts and osteoclasts work together to maintain the balance between bone formation and resorption in the body.
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1. an example of a performance measure based on external financial information would be
An example of a performance measure based on external financial information would be the Return on Investment (ROI).
Return on Investment (ROI) is a performance measure that assesses the profitability and efficiency of an investment by comparing the net profit or return generated to the cost of the investment. It is calculated by dividing the net profit or return by the cost of the investment and expressing it as a percentage. ROI is derived from external financial information, such as the company's financial statements and investment-related data. It provides valuable insights into the financial performance and effectiveness of an investment, allowing stakeholders to evaluate the profitability and success of a particular venture or project. ROI is a widely used performance measure in various industries and helps guide decision-making and resource allocation.
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hen a business pays its Accounts Payable with cash, its accounting equation is affected in the following way a. Decreases stockholders' equity and decreases liabilities. b. Increases assets and decreases liabilities c. Decreases assets and increases stockholders' equity. d. Decreases assets and decreases liabilities.
a. Increases assets and decreases liabilities.
When a business pays its Accounts Payable with cash, it affects the accounting equation as follows:
Assets increase because cash is used to make the payment.
Liabilities decrease because the payment reduces the amount owed to suppliers or creditors.
Accounts Payable is a liability account that represents the amount owed by the business to its suppliers for goods or services received on credit. When the business pays off this liability using cash, it reduces the amount owed and therefore decreases the liabilities.
At the same time, the cash used for the payment increases the assets of the business.
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which of the products of fermentation is most valuable to the ruminant?
In the context of ruminant digestion, the most valuable product of fermentation is volatile fatty acids (VFAs). VFAs are short-chain fatty acids produced during the microbial fermentation of carbohydrates in the rumen of ruminant animals, such as cows, sheep, and goats.
The three main VFAs produced are acetate, propionate, and butyrate. These VFAs serve as the primary energy source for the ruminant, supplying up to 70% of their energy needs. Acetate is particularly important as it contributes to the synthesis of milk fat in lactating animals. Propionate is crucial for gluconeogenesis, the process of producing glucose, which is vital for energy metabolism and maintenance of blood glucose levels.
Butyrate plays a role in providing energy to the rumen epithelium, supporting its health and function. Overall, VFAs derived from fermentation are essential for the nutritional requirements and overall well-being of ruminant animals.
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in the summary worksheet, link the text 2009 sales to the 2009 sales worksheet and 2010 sales to the 2010 sales worksheet.
You can create links in the summary worksheet that will dynamically display the data from the corresponding sales worksheets.
To link the text "2009 sales" to the 2009 sales worksheet and "2010 sales" to the 2010 sales worksheet in a summary worksheet:
1. Open the summary worksheet where you want to create the links.
2. Locate the cell in which you want to place the link for "2009 sales." Let's say the cell is A2.
3. In cell A2, type or select the text "2009 sales" to represent the link.
4. With cell A2 selected, click on the formula bar at the top of the Excel window.
5. In the formula bar, enter the following formula:
=2009 Sales!A1
This formula assumes that the 2009 sales data is located in cell A1 of the "2009 Sales" worksheet. Modify the cell reference as per the actual location of your data.
6. Press Enter to confirm the formula. The text "2009 sales" in cell A2 will now be linked to the cell containing the 2009 sales data in the "2009 Sales" worksheet.
7. Repeat the above steps to link the text "2010 sales" to the 2010 sales worksheet. Choose an appropriate cell in the summary worksheet, enter the formula with the correct reference to the cell containing the 2010 sales data in the "2010 Sales" worksheet, and confirm the formula.
By following these, you can create links in the summary worksheet that will dynamically display the data from the corresponding sales worksheets.
This allows for easy referencing and updating of sales data across multiple worksheets.
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when verifying debits to the perpetual inventory records of a nonmanufacturing company, auditors would be most interested in examining a sample of purchase
Auditors would be most interested in examining a sample of purchase invoices when verifying debits to the perpetual inventory records of a nonmanufacturing company. This is because purchase invoices provide evidence of the costs of goods sold and the quantities purchased by the company.
Auditors would need to ensure that the purchases recorded in the inventory records are accurate and complete and that they are supported by valid purchase invoices. In addition to examining purchase invoices, auditors would also need to verify that the inventory records are up-to-date and accurate. This would involve testing the accuracy of the inventory counts and the calculation of the cost of goods sold.
Furthermore, auditors would need to evaluate the internal controls over the perpetual inventory records to ensure that they are adequate and effective. This would involve testing the company's procedures for recording and reconciling inventory transactions, as well as evaluating the segregation of duties and access controls over the inventory records.
Overall, verifying debits to the perpetual inventory records of a nonmanufacturing company is an important part of the audit process, and auditors would need to carefully examine a sample of purchase invoices and evaluate the internal controls over the inventory records to ensure that they are accurate and reliable.
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All of the following are assumptions that underlie Theory X management except:
A. By their very nature, people do not like to work and will avoid it whenever possible
B. Workers have little ambition, try to avoid responsibility and like to be directed
C. The primary need of employees is job security
D. The expenditure of physical and mental effort at work is as natural to people as resting
The assumption that underlies Theory X management and is not present in the options provided is that (D) the expenditure of physical and mental effort at work is as natural to people as resting.
Theory X management, developed by Douglas McGregor, is based on the assumptions about employees' attitudes and behaviors. It portrays a pessimistic view of human nature and assumes that employees are inherently lazy, dislike work, lack ambition, avoid responsibility, and prefer to be directed by their superiors. However, one of the assumptions that underlie Theory X management is that the expenditure of physical and mental effort at work is as natural to people as resting.
Option A suggests that people do not like to work and will avoid it whenever possible, which aligns with the assumptions of Theory X management. Option B states that workers have little ambition, try to avoid responsibility, and prefer to be directed, which also aligns with the assumptions of Theory X management. Option C indicates that the primary need of employees is job security, which is another assumption of Theory X management. However, option D states that the expenditure of physical and mental effort at work is as natural to people as resting, which contradicts the assumption of Theory X management.
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Question 17 (4 points) There are six firms in an industry, with market shares of 50 percent, 25 percent, 10 percent, 10 percent, 3 percent, and 2 percent. The four-firm concentration ratio is --, and the HHI is 95; 3,338 100; 3,338 95; 10,000 100; 100
The four-firm concentration ratio is 95.
The four-firm concentration ratio is calculated by summing up the market shares of the top four firms in the industry. In this case, the top four firms have market shares of 50%, 25%, 10%, and 10%. Adding these percentages together gives us a four-firm concentration ratio of 95%.
The Herfindahl-Hirschman Index (HHI) is another measure of market concentration. It is calculated by squaring the market shares of each firm and summing them up. In this case, the squared market shares are 50^2, 25^2, 10^2, 10^2, 3^2, and 2^2, which sum up to 3,338. Therefore, the HHI is 3,338.
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Which of the following statements is NOT true about risk as it affects companies' choice of locations for foreign operations? A) Companies and their managers differ in their perception of what is risky. B) One company's risk may be another company's opportunity. C) There are means to reduce risk other than avoiding locations. D) Companies choose the cheapest location regardless of risks. In terms of political risk, it is most accurate to state that high risk
The statement that is NOT true about risk as it affects companies' choice of locations for foreign operations is Companies choose the cheapest location regardless of risks. So, the correct option is D.
While cost is a crucial factor for companies, it is not the only one that determines the choice of location for foreign operations. Political and economic risks are other significant factors that affect a company's decision. Companies need to assess the level of risk associated with a particular location, considering factors such as political stability, regulatory environment, labor laws, infrastructure, and cultural differences.
Companies may choose to avoid high-risk locations or implement measures to reduce the risk. Therefore, it is incorrect to assume that companies choose the cheapest location regardless of risks. In terms of political risk, it is true that high risk can pose a significant threat to companies' foreign operations, affecting their profitability, reputation, and even their survival.
Therefore, companies need to consider political risk when deciding on their foreign operations' location. Thus, the correct answer to the given question is option D.
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What makes all financial markets linked directly or indirectly?Group of answer choicesFinancial markets are linked because each financial market is isolated to be only a source of borrowed funds or only a destination for saving, not both.Because supply and demand is not an economic force operating in financial markets.Financial markets are vehicles for both borrowing funds and also where funds are saved.
Financial markets are vehicles for both borrowing funds and also where funds are saved which makes all financial markets linked directly or indirectly. The correct option is D.
Because they provide a place for people, organizations, and governments to save and borrowing money, all financial markets are connected, whether directly or inadvertently. These markets help people who have extra money (savers) move it to people who need it (borrowers).
Due to this interconnection, it is possible to allocate resources, value assets, and determine interest rates. Interdependencies are created and larger economic activity is impacted by the movement of money between financial markets.
Thus, the ideal selection is option D.
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the parties most interested in the financial information produced during a partnership liquidation are the partnership's
The parties most interested in the financial information produced during a partnership liquidation are the partnership's partners.
During a partnership liquidation, the partners are directly involved in the process of winding down the partnership's affairs, distributing assets, and settling liabilities. As such, they have a vested interest in understanding the financial position of the partnership and how the assets and liabilities will be allocated.
Financial information produced during the liquidation process provides crucial insights into the partnership's financial health, including the value of its assets, outstanding debts, and potential claims against the partnership. This information helps the partners make informed decisions regarding the distribution of assets and the settlement of obligations. Furthermore, the financial information generated during the liquidation process may also be relevant for tax purposes, as partners may have individual tax obligations based on their share of partnership assets and liabilities.
In summary, the partners themselves have the highest level of interest in the financial information produced during a partnership liquidation as it directly affects their rights, obligations, and financial outcomes.
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when foreign objects strike the surface of the moon what do they leave behind
When foreign objects strike the surface of the Moon, they leave behind impact craters.
Impact craters are the result of high-velocity collisions between objects, such as meteoroids or asteroids, and the Moon's surface. When these foreign objects strike the Moon, they create a powerful impact that excavates the lunar material and forms a crater. The size and characteristics of the impact crater depend on various factors, including the size and speed of the impacting object, as well as the composition of the lunar surface.
The impact of these objects generates a release of energy that causes the Moon's surface material to be ejected and displaced. The ejected material may form a rim around the crater or be scattered in the surrounding area, while the central portion of the crater may experience compression and deformation. Over time, smaller craters may become eroded or filled in by subsequent geological processes, but larger craters can remain visible on the lunar surface for millions or even billions of years.
The study of impact craters on the Moon provides valuable insights into the history of lunar impacts, the geological processes that have shaped the Moon's surface, and even the history of impacts in the broader solar system. Scientists analyze the size, shape, distribution, and characteristics of impact craters to understand the frequency and effects of impact events on the Moon and other celestial bodies.
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if you wanted to support the company most known for combating eating disorders by using more typically sized people in its ads, you would by products from
Another option to support a company that combats eating disorders and promotes body positivity through the use of typically sized people in its ads is Dove. Dove, a personal care brand owned by Unilever, has been actively involved in promoting body positivity and self-acceptance through their "Real Beauty" campaign. They have featured women of various shapes, sizes, and ethnicities in their advertisements, encouraging positive body image and challenging traditional beauty standards. By purchasing Dove products, you can show your support for their efforts to promote realistic and inclusive representations of beauty.
Another brand to consider is ModCloth, an online clothing retailer that has gained recognition for its commitment to offering a wide range of sizes and using diverse models in its marketing campaigns. They prioritize inclusivity and body positivity by showcasing models of different body types, celebrating individuality and self-expression. By purchasing from ModCloth, you can support their mission of promoting body acceptance and diversity in the fashion industry.
Remember to do thorough research and review the brand's values, practices, and initiatives to ensure that they align with your specific goals and priorities before making a purchase.
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4. in the case of "intragovernmental debt," how does the government borrow from itself?
In the case of intragovernmental debt, the government borrows from itself by:
1. Identifying the source of funds: Intragovernmental debt occurs when one government agency has surplus funds, while another agency has a deficit. The agency with surplus funds becomes the lender and the one in deficit becomes the borrower.
2. Issuing debt instruments: The borrowing agency issues debt instruments, such as Treasury securities, to the lending agency. These instruments serve as a promise to repay the borrowed amount along with interest.
3. Transferring funds: The lending agency transfers the borrowed funds to the borrowing agency. This is done through an internal transfer within the government's accounting system.
4. Utilizing funds: The borrowing agency uses the funds to finance its operations, such as paying for government programs or covering budget deficits.
5. Repaying the debt: The borrowing agency eventually repays the debt, along with interest, to the lending agency using its future revenue or additional borrowings.
6. Reinvesting or reducing debt: The lending agency can choose to reinvest the repaid funds in new debt instruments or reduce its holdings of intragovernmental debt.
In summary, intragovernmental debt occurs when the government borrows from itself by transferring funds between its own agencies, issuing debt instruments, and repaying the borrowed amount with interest.
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a company that increases its liquidity by holding more cash and marketable securities is
A company that increases its liquidity by holding more cash and marketable securities is effectively ensuring that it has enough readily available assets to meet short-term financial obligations as they arise.
This strategy can be particularly important for companies that operate in industries with high levels of uncertainty or volatility, where unexpected expenses or changes in market conditions can quickly impact cash flow. By holding more cash and marketable securities, companies can quickly access the funds they need to cover these short-term obligations without having to resort to more expensive forms of financing, such as issuing new equity or debt. However, it's worth noting that there are also costs associated with holding excess cash and marketable securities, such as the opportunity cost of not investing those funds elsewhere.
Ultimately, the decision of how much liquidity to hold will depend on a variety of factors, including the company's industry, financial position, and overall strategic goals.
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Question 4 What is signed at the same time as a mortgage and makes the borrower responsible for paying back the loan according to its terms? a. Method of payment b. Ownership interest c. Promissory note d. Deed e. Recording act
The promissory note is signed at the same time as a mortgage and makes the borrower responsible for paying back the loan according to its terms.
A promissory note is a legal document that outlines the borrower's promise to repay a loan. It contains the terms and conditions of the loan, including the amount borrowed, interest rate, repayment schedule, and any other relevant provisions. When a borrower obtains a mortgage to finance the purchase of a property, they sign a promissory note along with the mortgage documents.
The promissory note serves as evidence of the borrower's debt and their commitment to repay the loan. It specifies the borrower's obligations, such as the repayment amount, due dates, and consequences of default. By signing the promissory note, the borrower agrees to adhere to these terms and is legally bound to make timely payments.
While the mortgage itself is a separate document that creates a lien on the property as collateral for the loan, the promissory note establishes the borrower's personal obligation to repay the borrowed funds. In case of default, the lender can use the promissory note to take legal action to recover the outstanding debt.
In summary, the promissory note is signed simultaneously with a mortgage and places the responsibility on the borrower to repay the loan in accordance with its terms. It is a legally binding agreement that outlines the borrower's obligation to the lender.
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Total Output Total Costs $10 1 18 2 3 24 26 21 10 51 1. What are the Fixed Costs of Production? 2. What is the Marginal Costs of producing the 10th item? 3. What is the Average Fixed Cost of producing the 5th item? 4. If the Marginal Revenue was $6 how many units would be produced to maximize profit? 5. What is the Average Total Cost of at the profit maximizing point of production 6. What would be the Total Profit of he level of production in question
1. Fixed costs are those expenses which do not depend on the output. They are the costs that have to be paid even if the company is not producing anything. In the given data, when the output is zero, the cost is still $10, therefore the fixed cost is $10.
2. The marginal cost is the additional cost incurred for producing one extra unit. For finding the marginal cost of producing the 10th item, we need to find the difference between the total cost of producing the 10th unit and the total cost of producing the 9th unit. Marginal Cost of producing the 10th item = Total Cost of producing the 10th item - Total Cost of producing the 9th item = $51 - $26 = $25
3. The average fixed cost is the fixed cost divided by the number of units produced. Average Fixed Cost of producing the 5th item = Fixed Cost / Number of units produced = $10 / 5 = $2
4. To maximize profit, marginal cost must equal marginal revenue. Marginal cost has been found as $25. If the marginal revenue is $6, then the units produced to maximize the profit can be found by equating the marginal cost and the marginal revenue: $25 = $6, therefore, this condition is not possible to satisfy.
5. The average total cost is the total cost divided by the number of units produced. At the profit-maximizing point of production, marginal cost is equal to marginal revenue. We are not given the marginal revenue at this point so we cannot find the average total cost.
6. The total profit can be found by subtracting the total cost from the total revenue. We are not given the data for the total revenue, so we cannot find the total profit.
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Explain what future and present value computations enable us to do by selecting all of the correct statements below. (Check all that apply Check all that apply. a. They enable us to measure or estimate the interest component of holding assets or debt over time. b. Present and future value computations allow us to better budget our finances so that liquidity is reduced c. The future value computation is important when we want to know the value of present-day assets at a future date. d. The present value computation is important when we want to know the value of future-day assets today Do you know the answer? I know it Think so No idea Unsure ead
Future and present value computations enable us to calculate the value of assets or debts over time based on different interest rates. The correct statements are (a) and (c) .
The correct statements about what future and present value computations enable us to do are: a. They enable us to measure or estimate the interest component of holding assets or debt over time, and c. The future value computation is important when we want to know the value of present-day assets at a future date. Future value computations help us determine how much an investment will be worth in the future based on its current value and the expected interest rate. Present value computations, on the other hand, help us determine how much an investment today is worth in the future based on the expected interest rate. These calculations are useful in financial planning, budgeting, and decision-making. They help us understand the time value of money and make informed decisions about saving, investing, and borrowing. However, they do not necessarily reduce liquidity, as stated in option b. Option d is also incorrect because the present value computation is used to determine the current value of future-day assets, not the value of future-day assets today.
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13) Why do students benefit from membership in a student organization?
A) It entitles them to special treatment.
B) It looks good on their resume.
C) It means they have fewer in-class obligations.
D) It gives them the chance to collaborate with peers.
Answer: D
Explanation: Having the ability to collaborate with peers means the student benefits themselves with social skills & companionship with fellow co-workers.
Memo 9 To: Chief Legal Counsel From: Board of Directors Re: Potential M&A Targets Growth seems to be an important goal to provide return to our shareholders. We would like to identify potential merger prospects in order to grow Time Warner Cable's reach and market power. However, a merger with Comcast was challenged by the Department of Justice on the basis that it might have been anti-competitive. Please put together a brief memo outlining some of the concerns that were raised with the proposed 2015 merger between Comcast and Time Warner. In what ways was the government concerned that competition would be diminished? How might the merger have increased value to our customers and shareholders? Then, put together a short list of two or three potential targets for merger or acquisition. What advantages would each company bring Time Warner Cable?
The government raised concerns about diminished competition and potential anti-competitive effects in the proposed 2015 merger between Comcast and Time Warner Cable.
How did the government view the competition-related concerns in the Comcast-Time Warner merger?The government expressed concerns about the proposed 2015 merger between Comcast and Time Warner Cable, primarily focusing on the potential negative impact on competition.
The Department of Justice believed that combining two major cable providers would result in diminished competition, potentially leading to higher prices and reduced choices for consumers. The merger would have created a dominant player with significant market power, raising antitrust concerns.
The government feared that the increased concentration in the cable industry would limit innovation and harm smaller competitors.
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Hickock, Inc., is proposing a rights offering. Presently there are 400,000 shares outstanding at $44 each. There will be 100,000 new shares offered at $35 each.
a. What is the new market value of the company? (Do not round intermediate calculations.)
New market value $
b.
How many rights are associated with one of the new shares? (Do not round intermediate calculations.)
Number of rights needed
c. What is the ex-rights price? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)
Ex-rights price $
d. What is the value of a right? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)
Value of a right $
Given that there are 400,000 shares outstanding at $44 each, the total value of the company before the rights offering is: 400,000 shares * $44/share = $17,600,000
a. New market value of the company: The number of outstanding shares after the rights offering will be: 400,000 + 100,000 = 500,000 The new shares will be sold for $35 each, so the amount raised from the rights offering will be: 100,000 shares * $35/share = $3,500,000. The new market value of the company after the rights offering is:$17,600,000 + $3,500,000 = $21,100,000. Therefore, the new market value is $21,100,000. b. The number of rights needed to purchase one new share is calculated using the following formula: Number of rights per share = (Number of old shares * Price per share) / (Number of new shares + Number of old shares) Number of rights per share = (400,000 * $44) / (100,000 + 400,000)Number of rights per share = 176,000,000 / 500,000 Number of rights per share = 352 Therefore, each new share comes with 352 rights.
c. The ex-rights price is the price per share at which the shares trade after the rights have been issued. It is calculated as follows: Ex-rights price = (Total value of old shares + Total value of new shares) / Total number of shares Ex-rights price = ($44 * 400,000 + $35 * 100,000) / 500,000Ex-rights price = $17,600,000 / 500,000Ex-rights price = $35.20Therefore, the ex-rights price is $35.20. d. The value of a right is the theoretical value of each right, assuming that the ex-rights price is equal to the subscription price. It is calculated as follows: Value of a right = (Ex-rights price - Subscription price) / (Number of rights per share + 1)Value of a right = ($35.20 - $35) / (352 + 1)Value of a right = $0.20 / 353Value of a right = $0.0006 (rounded to 2 decimal places) Therefore, the value of a right is $0.0006.
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