If the principal told the agent to commit a tort or knew the consequences of the agent’s carrying out his instructions would bring harm to someone, the principal is at fault and will be charged.
What is a commit a tort?Committing a tort means that the person has committed some sort of crime that can be assault, negligence, battery, damage to the property, or emotional distress.
As the agent might have committed the crime, he will not be the only one responsible for the crime, but the Principal will also be because he knowingly told him to commit the crime. Both of them will be considered criminals and will be brought to court for trial.
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What is the primary difference when calculating the cost per unit between the variable costing and absorption costing?
The primary difference is that the absorption cost method includes fixed overhead as part of the cost of goods sold, while the variable cost method includes it as an administrative cost.
Difference between the absorption cost method and the variable cost method:Absorption costing, often known as "full costing," is a managerial accounting method for collecting all costs related to the production of a specific product. This strategy accounts for direct and indirect expenditures such as direct materials, direct labor, rent, and insurance.Variable costing is a concept used in managerial and cost accounting that excludes fixed manufacturing overhead from the product cost of production. In contrast, absorption costing allocates the fixed manufacturing overhead to the items produced.The major distinction is that the absorption cost technique includes fixed overhead as part of the cost of products sold, whereas the variable cost method includes it as an administrative cost.Therefore, the primary difference is that the absorption cost method includes fixed overhead as part of the cost of goods sold, while the variable cost method includes it as an administrative cost.
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An individual who previously worked as a salaried corporate attorney loses his or her job. Subsequently, the individual now works as an hourly wage employee at a retail store. This individual has experienced which type of social mobility?.
This individual has experienced structural mobility
Structural mobility:
It happens when societal changes enable a whole group of people to move up or down the social class ladder. Structural mobility is attributable to changes in society as a whole, not individual changes.
In the first half of the twentieth century, industrialization expanded the U.S. economy, raising the standard of living and leading to upward structural mobility. In today’s work economy, the recent recession and the outsourcing of jobs overseas have contributed to high unemployment rates. Many people have experienced economic setbacks, creating a wave of downward structural mobility.
When analyzing the trends and movements in social mobility, sociologists consider all modes of mobility. Scholars recognize that mobility is not as common or easy to achieve as many people think. In fact, some consider social mobility a myth.
What is structural social mobility ?
The concept of structural social mobility refers to change in the social position of many people due to changes in society itself.
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Costs, also called differential costs, are the additional costs incurred if a company pursues a certain course of action.
Costs, also called differential costs, are the additional costs incurred if a company pursues a certain course of action is the extra or incremental income obtained from choosing one course of action over another. sums that the business would avoid if it got rid of the section.
How Does Differential Cost Work?The cost difference between two potential decisions or a change in production level is known as a differential cost.The idea is applied when there are several viable options to consider and it is necessary to choose one and reject the others.The idea might be especially helpful in step costing scenarios when creating an extra unit of output might incur a sizable additional cost.What is the additional cost?A cost that is mentioned in a spell's rules text or added to a spell or ability from another effect and that its controller must pay in addition to the mana cost or activation cost of the spell or ability they are controlling is known as an additional cost.Only when a cost is expressed using the word "additional," is it considered an additional expense.Optional or required charges may apply.Learn more about differential costs and additional costs here:
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The term "costs" refers to the additional expenses that a company incurs when it chooses to pursue a specific course of action. These costs are also known as differential costs.
To understand this concept better, let's consider an example. Imagine a company is deciding whether to introduce a new product line. If they choose to pursue this course of action, there will be additional costs associated with manufacturing, marketing, and distribution of the new products. These costs include expenses such as raw materials, labor, advertising, packaging, and transportation.
On the other hand, if the company decides not to introduce the new product line, these costs would not be incurred. The difference between the costs of pursuing the new product line and not pursuing it is what we refer to as differential costs or costs.
It's important to note that differential costs are not the same as total costs. Total costs include both the fixed costs that remain constant regardless of the course of action and the variable costs that change based on the level of production or activity.
To calculate the differential costs, you need to compare the costs of one course of action to another. Subtracting the costs associated with not pursuing the action from the costs associated with pursuing it will give you the differential costs.
In summary, costs or differential costs are the additional expenses incurred when a company chooses to pursue a specific course of action. These costs are calculated by comparing the costs of pursuing the action to the costs of not pursuing it.
How is the income statement of a merchandising company different from that of a service company?.
Income statements for each class of firm vary in several methods, such as the classes of gains and losses experienced, cost of goods sold, and net revenue.
What is merchandising company?A merchandising business buys tangible goods and resells them to customers. These businesses incur costs, such as labor and materials, to demonstrate and sell products. Retail and wholesale companies stand as the two kinds of merchandising companies. A merchandising company confronts the purchase and resale of tangible goods. Service companies mainly sell services rather than tangible goods. Income statements for each kind of firm change in several ways, such as the kinds of gains and losses experienced, cost of goods sold, and net revenue.
An income statement stands as one of the most familiar, and critical, financial statements you're probably to encounter. Also understood as profit and loss (P&L) statements, income statements outline all income and expenses over a given period, including the cumulative consequence of revenue, gain, expense, and loss transactions.
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If implemented, the southern alliance's proposed "subtreasury system" would have eased the farm debt crisis by?
The sub-treasury plan, the federal government would hold crops in public warehouses and issue loans on their value until they could be profitably sold.
Why did Farmers face an increasing debt load in the late 1800s?
They were caught between increased costs and falling prices.
Why did the Grange movement focus on reducing prices that railroads and grain elevators charged?Farmers relied on railroads and grain elevators but were forced to pay higher than usual rates.
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When employees regulate their behavior by offering themselves rewards for achieving desired performance, this is called:__________
It is called self reinforcement.
People are said to be capable of managing their own behavior under social learning theory. Self-reinforcement is an example of a self-regulatory process in which individuals reward themselves if their conduct meets self-imposed performance criteria.
In operant circumstances, self-reinforcement refers to arrangements in which the individual delivers a consequence to himself based on his action.
Self-reinforcement is an example of a self-regulatory process in which individuals reward themselves if their conduct meets self-imposed performance criteria. And if a positive occurrence (tangible reinforcer) is linked to a behavior, that behavior is enhanced and more likely to occur in the future.
Therefore, the answer is self reinforcement.
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Accountants usually define _________ as resources sacrificed to achieve a specific objective. group of answer choices trade money costs liability
Answer is cost.
Cost is a critical topic in project cost management since it is defined as "something given up in return." In addition, accountants often defined cost as a resource surrendered or forsaken in order to attain a given goal. Cost is frequently expressed in currency, generally in the form of a country's currency such as dollars, yens, rupees, and so on.
A cost is the worth of money that has been used up to create something or supply a service and is thus no longer accessible for use in production, research, retail, or accounting. In business, the cost may be one of acquisition, in which case the amount spent to acquire it is accounted for as cost.
Therefore, the answer is cost.
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Compared to a perfectly competitive firm, the demand curve facing a monopolistically competitive firm is.
The marginal revenue and demand curves of a perfectly competitive firm are the same; the marginal revenue curve of a monopolistically competitive firm is lower than its demand curve. If a monopolistically competitive firm charges a low price, its marginal revenue can be negative.
What is the demand curve of a monopolistic competitor?A monopolistic competitor faces a downward-sloping demand curve, which means that the monopolistic competitor can raise its price without losing all of its customers or lower the price and gain more customers.
What happens when a monopolist raises the price of a product?If a monopolist raises its price, some customers will choose not to buy its product—but they will then have to buy something completely different. When a monopolistic competitor raises its price, some customers choose not to buy the product at all, while others choose to buy a similar product from another company.
What is the difference between monopolistic and perfect competition?In perfect competition, the demand and supply forces determine the price for the whole industry and every firm sells its product at that price. Entry and Exit are comparatively easy in perfect competition than in monopolistic competition.
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Are the signs of the coefficient estimates consistent with expectations? Explain.
The sign of each coefficient indicates the direction of the relationship between a predictor variable and the response variable. A positive sign indicates that as the predictor variable increases, the response variable also increases.
What do the estimates of the regression coefficients tell us?
You may determine if each independent variable and the dependent variable have a positive or negative association by looking at the sign of a regression coefficient. A positive coefficient means that the mean of the dependent variable tends to rise when the value of the independent variable rises.
What is predictor and response variable in regression?
The risk factors and confounders are referred to as the predictors, or explanatory or independent variables, whereas the outcome variable is also known as the response or dependent variable. The independent variables are designated by "X" while the dependent variable is denoted by "Y" in regression analysis.
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Implementing the new or changed process is the second activity in business process management.
a) true
b) false
This is false that Implementing the new or changed process is the second activity in business process management.
The discipline of business process management (BPM) employs a number of techniques to identify, model, analyze, measure, improve, and optimize business processes. In order to achieve business outcomes in support of a business strategy, a business process coordinates the behavior of people, systems, information, and things.
An organized strategy for comprehending, enhancing, and controlling a company is called business process management. The four phases of the process are commonly recognized to be documented, assess, improve, and manage. Implementing the new or changed process is the third activity in business process management.
Business process management Systems Are Important as It makes it possible for all facets of business operations to perform smoothly in addition to facilitating seamless processes. By carefully implementing business processes, you can cut down on time wasted on repetitive operations and decrease mistakes brought on by human inefficiencies.
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How were the labor relations at the saturn subsidiary of general motors different from the traditional model of job control unionism?
Traditional job control unionism conflicts with the need for greater flexibility with General Motors and in 2009 General Motors sold the Saturn brand.
Traditional job control unionism served as the needs of management in a mass manufacturing environment by increasing the stability and predictability of production. On the other hand, General Motors Corp. has a tentative deal to sell its Saturn brand to an auto racing magnate.
By setting objective standards to everything from wages to work allocation, job control unionism seeks to protect workers against managerial abuse.
Hence, the labor relations at the Saturn subsidiary of general motors differ from the traditional model of job control unionism.
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Suppose japan pegs its currency to the u. s. dollar. Now interest rates in the united states have decreased. To maintain the fixed exchange rate, japan has to?
Answer:
they would have to raise it or unpeg
Using the accounting equation, stockholders' claims on the resources of the corporation can be expressed as?
Stockholders' declarations on the resources of the corporation can be expressed as assets and liabilities.
Assets and liabilitiesIn its easiest form, your balance sheet can be divided into two form-assets and liabilities. Assets are the things your company owns that can deliver future economic benefits. Liabilities are what you owe other groups. In brief, assets put money in your pocket, and liabilities carry money out.
In further words, assets are objects that benefit a company economically, such as inventory, buildings, and cash. They aid a business manufacture goods and providing services, now and in the future. Liabilities are a company's responsibilities—either money owed or services not yet performed.
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Which item does not appear on a statement of cash flows prepared by the indirect method?.
collections from customers does not appear on a statement of cash flows prepared by the indirect method.
What are collections from customers?A business uses the term collections to refer to money owing to that business by a consumer. When a consumer fails to pay the company within the periods stated, the bill becomes past due and is sometimes turned over to a collection agency.
the act or activity of gathering; data collection; tax collection anything specially gathered: a collection of artifacts amassed for the purpose of study, comparison, or exhibition, or as a hobby a collection of poems a group of photographs a collection of baseball cards
A collection is defined as a gathering of goods or people grouped together. A collection could be anything like someone collecting 500 baseball cards.
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Gary Marks is paid on a monthly basis. For the month of January of the current year, he earned a total of $9,088. Federal Insurance Contributions Act (FICA) tax for Social Security is 6.2% on the first $137,700 of earnings each calendar year and the Federal Insurance Contributions Act (FICA) tax for Medicare is 1.45% of all earnings. The Federal Unemployment Taxes (FUTA) tax rate is 0.6%, and the State Unemployment Taxes (SUTA) tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. The amount of Federal Income Tax withheld from his earnings was $1,507.97. What is the amount of the employer's payroll taxes expense for this employee
Payroll Taxes = FICA-SS Tax + FICA-Medicare Tax + FUTA Tax + SUTA Tax
Payroll Taxes = $575.861 + $134.682 + $42.003 + $378.004 = $1,130.541
FICA—Social security $9,288 × 0.062 = $575.862
FICA—Medicare $9,288 × 0.0145 = $134.683
FUTA $7,000 × 0.006 = $42.004
SUTA $7,000 × 0.054 = $378.00
A payroll tax is required to be deducted from employees' paychecks under the Federal Insurance Amounts Act (FICA), a 1935 U.S. statute that also requires employers to make matching contributions. The funds raised are utilized to pay for Social Security and Medicare.
The original intent of the act was for working individuals to pay a specific percentage of each paycheck they received during their working years into Social Security (and later Medicare) in order to be able to rely on earned financial and health benefits in their older years.
Self-employed people must pay taxes on their net income under the Self-Employment Contributions Act (SECA) of 1954 in order to support Social Security and Medicare.
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Which section of an unsolicited proposal should restate why you and your firm are the right organization to provide a solution?
Identifying decision-making criteria section of an unsolicited proposal restates the right solution to the organization. A written proposal that is not in response to a request for proposals, a broad agency announcement, or a program research and development announcement is known as an unsolicited proposal.
It is submitted to an agency on the initiative of the offeror with the goal of obtaining a contract with the government. Business proposals fall into three categories that are clearly defined: formally requested formally requested. Unsolicited. In essence, solicited business proposals are written in response to a client's needs, whereas unsolicited proposals are utilized to reach out to potential clients.
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A smartphone manufacturer asks its designers to investigate how their products can better support visually impaired users. which economic question are they focusing on? what to produce? how to produce? when to produce? for whom to produce?
The smartphone manufacturer is focusing on the economic question: "For whom to produce?" Thus, option D is the correct option.
They are investigating how their products can better support visually impaired users, which involves identifying a specific target audience or group of consumers (visually impaired users) for whom they will tailor their product.
This question relates to determining the target market and addressing the needs of a particular segment of the population, which falls under the "For whom to produce?" economic question.
Thus, option D is the correct option.
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Paul light argues that contracting-out may be more expensive than allocating a task to civil servants because?
Government production might be more efficient than outsourcing when these prices overwhelm savings that might otherwise accrue from acquiring out.
Contracting civil servantsWhile supporting contracting as a viable tool for public sector managers, the public sector often pays insufficient attention to the costs of operating contracting out, and monitoring contractor compliance.
Contracting out is used as a means to provide essential public services and serve public functions in a wide range of country surroundings including delicate states, post-conflict nations, countries hit by natural disasters, stable developing countries, and industrialized countries.
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Currently digby is paying a dividend of $19. 67 (per share). if this dividend were raised by $3. 64, given its current stock price what would be the dividend yield?
Given its current stock price the dividend yield would be 42.39%.
Given,
Digby is paying a dividend of $19. 67 (per share)
Dividend were raised by $3. 64
Dividend yield = Dividend per share / Market price per share.
As there is no share price given, I shall assume that the share price is $100. The new share price will be:
= 100 * (1 + $3. 64)
= $464
The Dividend yield would then become:
= 19.67 / 464
= 42.39%
The dividend yield will be calculated on the basis of the dividend per share divided by the market price per share and this will be calculated on the basis of the percentage.
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Mardee represented condo owner carol, and they signed an exclusive agency listing agreement. If carol found her own buyer, would she owe mardee a commission?
If carol found her own buyer, would she owe mardee a commission option (c)i.e, No, because Carol found her own buyer.
A sales commission is a payment made to an employee after they successfully complete a task, typically selling a predetermined volume of goods or services. Sales commissions are a common incentive used by employers to boost employee productivity. A commission can be paid instead of or in addition to a salary.
Employers provide a commission to entice workers, increase productivity, increase sales, and draw in new clients. In many areas, like the automotive and real estate sectors, commission-based pay is the norm for sales and marketing positions.
The complete question is:
Mardee is representing Carol in the sale of her condo, and they've signed an exclusive agency listing agreement. If Carol finds her own buyer, does she owe Mardee a commission?
a.)No, because Carol is not a real estate licensee.
b.)Yes, because they have an exclusive agency listing agreement.
c.)No, because Carol found her own buyer.
d.)Yes, but she only owes the listing commission.
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Competition in long-term care comes from other ltc organizations and from other types of organizations.
a. true
b. false
Competition in long-term care comes from other LTC organizations and from other types of organizations.
The statement is true.
Competition in long-time period care comes each from different LTC organizations and from different forms of groups. The distinction between cooperation and integration is basically a remembering of diploma and shape. Horizontal integration entails an alliance of or more groups imparting comparable offerings.
Lengthy-time period care includes a diffusion of services designed to meet a person's health or private care needs at some point of a brief or long period of time.
Those offerings help human beings stay as independently and accurately as viable while they are able to no longer perform regular activities on their very own.
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In a(n) _____, throughout the range of market demand, marginal cost is less than average cost and pulls average cost downward
In a natural monopoly, throughout the range of market demand, marginal cost is less than average cost and pulls average cost downward.
As Irving Fisher explained, a monopoly is an uncompetitive marketplace that creates a situation in which a particular person or company is the sole supplier of a particular thing.
We therefore set our own terms and prices for our consumers, and achieve high profitability.
A monopoly is a company that is the sole seller of the product and has no substitute for it. Unregulated monopolies have market power and can influence prices. Examples: Microsoft and Windows, DeBeers and Diamonds, your local natural gas company.
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_____ benefits the check writer by allowing it to retain the funds until the funds are actually withdrawn from its account. Group of answer choices Delayed funding Transfer financing Float Interest accrual Process financing
The benefit the check writer to retain the funds until the actual withdrawal is float.
What is float?
The float is the time lag between the check being written and when the funds that need to be paid are eventually transferred from the check writer's account to the beneficiary's account.
Compared to cash or instant payment, where the cash is given to the beneficiary on the spot, the check writer has an added advantage by being allowed time to make use of the funds in the account or being able to fund his account whose balance is currently insufficient before the date written on the check when it would be presented for value.
Delayed funding means the account needs to be funded at the time of issuing the check especially if the date of value is a future date, which means it is just one of the characteristics of float.
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The first step in the closing process is to reduce the balances in the temporary accounts to zero. the second step is to transfer the effects of step 1 to which account?
In the closing process, after the balances in the temporary accounts have been reduced to zero, the second step is the transfer those balances to the Retained earnings account.
What are temporary accounts?These are accounts in the financial statement that have to be closed off at the end of a financial period. They include accounts such as Revenue, expenses, and the income summary account.
When these accounts are closed off, their balances go to zero and the amount that was in them as balance carried down will be sent to the Retained Earnings account as revenue or expenses.
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Step one to closing on a house includes commencing an escrow account.
That will be held by using a third party, such as a bank or your identity or escrow agent. This impartial birthday party account holds directly to money concerned with the sale, such as any required deposits or earnest money.
Step one in the ultimate technique is to reduce the balances within the temporary accounts to zero.
phrases on this set:prepare unadjusted trial stability.report adjusting entries.prepare adjusted trial stability.put together monetary statements.near the brief bills.The ultimate entries serve to switch the balances out of sure transient money owed and into everlasting ones. This resets the stability of the temporary accounts to 0, prepared to begin the subsequent accounting duration. The procedure transfers these temporary account balances to everlasting entries on the corporation's balance sheet.
The steps leading as much to the ultimate date include:
purchase settlement reputation.non-obligatory client home inspection.mortgage origination.Lender home appraisal and credit score underwriting.loan Approval.the property owner and name insurance.remaining disclosures.Learn more about the closing process here: https://brainly.com/question/13408214
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Abc corp. stock has been holding at $22. 50 for a few months. stockholder nguyen is willing to sell call options at $23. investor dudek buys the call options. who is guaranteed to come out ahead?
Abc corp. stock has been holding at $22. 50 for a few months. stockholder nguyen is willing to sell call options at $23. investor dudek buys the call options. Nguyen will come out ahead, because he will receive a premium for each share for which Dudek places a call option
Call options are the financial contracts which give the option buyer a right but not the obligation to buy a stock or bond or commodity, or other asset or instrument at a specified price within a specific time period.
The stock or bond or commodity is called the underlying asset. A call buyer earns profits when the underlying asset increases in price.
A call option may be contrasted with a put option the option which gives the holder the right to sell the underlying asset at a specified price on or before expiration.
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The payment to lawyers become relevant in the context of capital structure decisions in the event of:_____.
The payment to lawyers becomes relevant in the context of capital structure decisions in the event of financial distress.
Financial distress is a term commonly used in business finance to describe a situation in which the financial condition of an individual or business makes it difficult to pay bills, especially loans to creditors. Severe and prolonged financial difficulties can eventually lead to bankruptcy.
In the event of an economic emergency, immediate action should be taken to prevent the situation from becoming worse. Financial problems often lead to other financial problems if they cannot be resolved quickly.
For example, the creditworthiness of individuals or businesses in financial difficulty may be compromised. This forces lenders to charge higher interest rates and makes it harder for them to borrow additional money to cope with periods of reduced income or sales.
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1. In what ways do you think the debt of your country influences the life of ordinary citizens? 2. Discuss with reference to a named government the strategies used to manage the country?s debt 3. Briefly evaluate whether the policies were successful.
higher debt crowds out investment in capital goods and thereby reduces output relative to what would otherwise occur
What is debt ?Debt is an obligation that forces one party, the debtor, to pay another party, the creditor, money or other agreed-upon value. Debt is a delayed payment or series of payments that differs from an immediate purchase.
Student loans, mortgages, and company loans are examples of "good" debt, which is defined as money due for things that can help develop wealth or boost income over time. "Bad" debt is defined as credit card or other consumer debt that does little to help your financial situation. These are overstatements.
Debt refers to the amount of money that must be repaid, whereas financing refers to the provision of funds for use in commercial activities.
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This division’s invested capital is $4,000,000. how much is the east division’s return on investment?
The Return On Investment is 6.3%
Return On Investment = Net Operating profit after tax / Invested Capital
Net Operating profit after tax = Operating Income ( 1 - tax rate) = 420000 * (1-0.4) = 252000
Return On Investment = 252000 / 4000000 = 6.3%
Return on investment is a simple ratio that divides the net profit (or loss) from an investment by its cost. Because it is expressed as a percentage, you can compare the effectiveness or profitability of different investment choices.
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Costumes may be built from scratch, or pulled from storage (which is known as ____________
Costumes may be built from scratch or pulled from storage (which is known as stock.
A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Most individual investors' portfolios are built on stocks, which are mostly bought and sold on stock exchanges. Government standards designed to shield investors from dishonest tactics must be followed during stock trades.
In order to raise money to run their operations, corporations issue stock, and the holder of that shares, known as a shareholder, may be entitled to some of the company's assets and earnings.
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True or false: projects should always be discounted at the firm's overall cost of capital
It is false that projects should always be discounted at the firm's overall cost of capital .
A firm's overall cost of capital is simply the sum of the firm's cost of equity, cost of debt, and cost of preferred stock.
A company's investment decisions for new projects should always generate a return that exceeds the firm's cost of the capital used to finance the project. Otherwise, the project will not generate a return for investors.
A company investing on a project must know how much money the project will have to generate in order to offset the cost of capital undertaking it and then continue to generate profits for the company.The discount rate makes it possible to estimate how much the project's future cash flows would be worth in the present.
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