This asset selection decision, like the asset allocation decision, can be an lively one, where the investor attempts to buy undervalued belongings in each asset type (or promote overrated ones) or a passive one, the place the investor invests throughout assets in an asset class
What does asset allocation mean?Asset allocation entails dividing your investments amongst special assets, such as stocks, bonds, and cash. The asset allocation choice is a private one. The allocation that works first-rate for you modifications at special instances in your life, relying on how lengthy you have to invest and your potential to tolerate risk.
For example, investing absolutely in stock, in the case of a twenty-five year-old investing for retirement, or investing completely in cash equivalents, in the case of a household saving for the down charge on a house, may be real looking asset allocation techniques underneath certain circumstances.
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https://brainly.com/question/28025267#SPJ4On October 1, Benji's Bicycle Store had an inventory of 20 ten speed bicycles at a cost of $200 each. During the month of October, the following transactions occurred.Oct. 4 Purchased 40 bicycles at a cost of $200 each from Monrue Bicycle Company, terms 1/10, n/30.Oct. 6 Sold 25 bicycles to Team Wisconsin for $330 each, terms 2/10, n/30.Oct. 7 Received credit from Monroe Bicycle Company for the return of 2 defective bicycles.Oct. 13 Issued a credit memo to Team Wisconsin for the return of a defective bicycle.Oct. 14 Paid Monroe Bicycle Company in full, less discount.Prepare the journal entries to record the transactions assuming the company uses a perpetual inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
Journal entries are the initial step in the accounting process and are made to record specific transactions for subsequent bookkeeping steps, which facilitates the company's accounting process.
What are entries in a journal?Financial transactions are recorded in a company's accounting books via journal entries. For a journal entry to be properly recorded, it must have the following elements: an exact date, the sums to be debited and credited, a description of the transaction, and a unique reference number.
Journal entries are utilized to keep track of your company's financial activity. Depending on whether you use accounting software or manage your books manually, journal entries are either entered directly into the general ledger (G/L) or subsidiary ledgers.
Oct 4 Merchandise inventory (200*40) 8000
Account payable 8000
(to note a purchase)
Oct 6 Account receivable (25*330) 8250
Sales revenue 8250
(sell records)
Oct 7 Account payable (2*200) 400
Merchandise inventory 400
(to note credit granted)
Oct 13 Merchandise inventory 330
Account receivable 330
(in order to memo issuer record)
Oct 14 Accounting payable 7600
Cash (7600*99/100) 7524
Merchandise inventory 76
(Recording payment )
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TRUE/FALSE. most economists believe that consumers would be better off if markets were perfectly competitive rather than monopolistically competitive.
It is true that the majority of economists hold the view that consumers would benefit from perfect competition as opposed to monopolistically competitive markets.
Economists are employed in a variety of settings, including as academia, government, and the private sector, where they may also "observe patterns in economic activity, economic confidence, and consumer economists sentiments by analyzing data and statistics. They analyze this data with the help of cutting-edge techniques in statistical analysis, math, and computer programming, and then they offer suggestions on how to boost a system's effectiveness or capitalize on emerging trends."
Economists work in industries such as banking, finance, accounting, economists commerce, marketing, business administration, lobbying, and non- or not-for-profit organizations in addition to the government and academia.
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a monopolistic competitive firm faces a horizontal demand curve for its product. group of answer choices true
Due to the relatively large number of sellers in the market, a monopolistic competitive firm faces a horizontal demand curve.
Is the monopolist in the path of the market demand curve?
Because the monopolist is facing a downward-sloping market demand curve, the price the monopolist can get for each additional unit of output must fall even as the monopolist increases its output.
A monopolistic competitor faces a downward-sloping demand curve, which means that, like the monopoly, the monopolistic competitor can raise its price without losing all of its customers or lower its price and gain more customers.
Therefore, A monopolistic competitive firm's product has a horizontal demand curve.
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In his private office, just down the hall from his conference room, the Chief Financial Officer (CFO) of Caberto Chemicals is meeting with his newly hired assistant, Chris. CFO Before our next meeting with the bankers, let's take a second and make sure that we have a common understanding about the company's capital structure. Caberto can potentially have three different capital structures: its current, actual capital structure, a target capital structure, and an optimal capital structure. If we wanted to talk about the long-run capital structure at which Caberto ultimately wants to operate, we'd be talking about which capital structure, Chris? Chris We'd be talking about Caberto's capital structure. This is the capital structure that Caberto wants to operate, and it can differ from its ideal capital structure. CFO Very good. Now, if Caberto's current capital structure consists of 34.5% debt and 65.5% common equity, then, Chris, how would we know if we are operating with our optimal capital structure? Chris An optimal capital structure is characterized by two important attributes: First, it the firm's weighted average cost of capital, and second, it which should make our shareholders very happy the value of the firm, CFO Again, that's great! Now, tell me, in general and without talking about Caberto in particular, why would a company ever be willing to operate with a capital structure that is not equal to its desired or target capital structure? Chris Well, sir, there are several reasons that I can think of. Let's see. First, a firm may use debt and equity financing that differs from its targeted amounts if its business activities or its industry becomes more risky or firm's reliance on debt financing. Second, the availability of competitive. In general, these circumstances will decrease a may prompt a company to borrow more or issue new
As per the competition nature, these circumstances will decrease a may prompt a company to borrow more or issue new product reduces.
Competition:
Competition refers the situation when there are multiple firms competing in the same industry, it is competition.
Given,
Here we have the situation in his private office, just down the hall from his conference room, the Chief Financial Officer (CFO) of Caberto Chemicals is meeting with his newly hired assistant, Chris. CFO Before our next meeting with the bankers, let's take a second and make sure that we have a common understanding about the company's capital structure.
Now, we need to find the competition nature of this concern.
According to the competition, If more competition hampers the ability of firms to earn more profits. Which also, such firms need to invent new products to maintain their market share.
Here the debt and equity mix (capital structure) is at an optimal level, the cost of raising capital is the lowest that helps to increase capital structure.
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The contribution margin as a percentage of sales is referred to as the contribution margin or cm.
it is an accounting term that helps business proprietors and executives song product profitability. The contribution margin is vital to apprehend as it suggests how a lot of a product's revenue is available to cowl fixed fees and make a contribution to the company's income.
Formulae: Contribution = general income much less total variable expenses. Contribution consistent with unit = promoting fee according to unit less variable charges in keeping with unit. the total contribution also can be calculated as a Contribution in line with unit x wide variety of devices sold.
The value of materials or product acquisitions is a number of the key variable product costs taken into consideration in the contribution margin. in case your raw materials prices grow as a manufacturer, your contribution margin diminishes due to a higher cost basis.
The Contribution margin consistent with the unit is the selling rate of 1 unit of goods minus the variable charges of making that unit. The contribution margin in keeping with the unit is the quantity of cash each sale contributes closer to paying fixed expenses. once the constant charges are paid, it's going to suggest how tons profit is earned in line with units bought.
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You need to schedule a meeting with your boss. Which of these options would most likely be both efficient and effective? check all that apply.
Scheduling a meeting with your boss: Call the boss's assistant and request a meeting. Future meetings can be planned using scheduled meetings, either as one-time events or recurrent ones.
You can send an email invitation to create the meeting or access your calendar (or manually open the calendar of any contacts) to plan upcoming meetings. However, if you're searching for a broad window of time, our research indicates that mid-morning, between 10 am and 12 pm, is the tried-and-true optimum time to plan a meeting. Everyone should remember this, regardless of their position, field, or location. A schedule is a plan that outlines a series of activities.
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which of the following is punctuated correctly? working for a larger company has its advantages consequently, i have decided to stay here another year. working for a larger company has its advantages; consequently, i have decided to stay here another year. working for a larger company has its advantages; consequently i have decided to stay here another year.
The correct punctuation is: Working for a larger company has its advantages; consequently, I have decided to stay here another year.
One person will continue to work under circumstances where another would start pounding the pavement. There are two pertinent aspects that are internal to the business and two pertinent factors that are external. First, there is the matter of employment satisfaction within the organisation. The second factor is the "company environment" and how comfortable each employee is in it. Therefore, working for a larger company has many advantages, which will tend the employee to stay.
Many businesses invest a lot of time and resources into determining the reasons behind employee attrition, such as through exit interviewing programs. The goal of these studies is typically to determine why people leave, with the rationale being that if a business can pinpoint the causes of layoffs, it can take steps to reduce both those numbers.
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dr. adam kolawa offers strategies for overcoming communications difficulties with off shore project partners. which of the following is not one of the strategies he suggests?
The strategies he suggests is to Use a translator.
Strategy defines and drives choices in organizational layout. therefore via proactively pursuing new capabilities and know-how, you prepare the organization for the supposed future kingdom, and your odds of achievement increase.
In step with Porter's universal techniques model, there are 3 primary strategic options available to corporations for gaining an aggressive advantage. these are price management, Differentiation, and consciousness.
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which of the following is (are) correct regarding assumptions used in retirement needs analysis calculations? i. holding all other things equal, decreasing the life expectancy of the retiree will lower the amount of capital needed on the first day of retirement to support the assumed income. ii. holding all other things equal, changing the assumption rate of return from 6% to 8% and the assumed inflation rate from 2% to 4%, will lower the amount of capital needed on the first day of retirement to support the assumed retirement income. which of the following is (are) correct regarding assumptions used in retirement needs analysis calculations? i. holding all other things equal, decreasing the life expectancy of the retiree will lower the amount of capital needed on the first day of retirement to support the assumed income. ii. holding all other things equal, changing the assumption rate of return from 6% to 8% and the assumed inflation rate from 2% to 4%, will lower the amount of capital needed on the first day of retirement to support the assumed retirement income. neither i nor ii both i and ii i only ii only
The answer of the question is option b which is holding all other things equal, changing the assumption rate of return from 6% to 8%.
On the surface, not much has changed about retirement preparation throughout time. After working and saving, you can retire. The mechanics may be the identical, but modern savers must contend with various difficulties that were not a concern for earlier generations.
First of all, since life expectancy has increased, you'll need enough money to last a long time—possibly into your 90s. Since bond yields are now much lower than they once were, buying a few fixed income securities and earning a double-digit return is no longer possible. Then there is the coronavirus pandemic-related health problem. like holding all other things equal, changing the assumption rate of return from 6% to 8% and the assumed inflation rate from 2% to 4%, will lower the amount of capital needed on the first day of retirement to support the assumed retirement income
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Airline accessories obtains a $100,000, three-year loan, at 6% interest, with monthly payments of $3,042. What amount would be recorded as the reduction in principal for the first full month?.
You can calculate the amount that would be charged as interest expense for the first full month by first finding the reciprocal of the time period, which is 36 months (3 years). The principal and the interest rate were then multiplied by this value. 100,000 multiplied by 0.06 and 0.028 results in a value of $166.66 or $166.67.
What occurs to carrying value and interest expense when bonds are issued at a discount?the sum of the bond's face value and its recurring interest payments in the present. In the long run, interest costs will decrease if bonds are issued at a discount.
Which statement about bonds sold at a discount is accurate?The declared interest rate exceeds the market interest rate.
Calculation:the reduction in principal for the first full month is $166.66 or $166.67.
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One of the warmest winters on record has put consumers in the mood to spend money. Spending is likely to be the strongest in thirteen years. During the month of February, sales of existing single-family homes hit an annual record rate of 4.75 million.
This paragraph best supports the statement thatA. consumer spending will be higher thirteen years from now than it is today.
B. more people buy houses in the month of February than in any other month.
C. during the winter months, the prices of single-family homes are the lowest.
D. there were about 4 million homes for sale during the month of February.
E. warm winter weather is likely to affect the rate of home sales.
Answer: Option E
The correct answer is E which is warm winter weather is likely to affect the rate of home sales.
What is the winter season known for?
Winter can be considered as the coldest season of the year, comes between autumn and spring. It is associated with plunging temperatures and icy weather.The farther an area lies from the equator, the colder temperatures it experiencesThis clearly the best answer because the paragraph directly states that warm weather affects consumers inclination to spend. It furthers states that the sales of single-family homes was at an all-time high.Hence, from the given passage we can conclude that Option E is correct.
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fashions, inc. has 12 shareholders. the company is subject to the model act. what officers is fashions, inc. required to have?
Whatever officers are described in the corporate bylaws is Fashions, Inc. required to have.
Corporate bylaws are a set of legally binding guidelines created by a corporation to direct its internal management. They are sometimes referred to as company or business bylaws. Company policies are outlined in corporate bylaws, such as:
The duties and authority of the board of directors, the shareholders, and the officersGuidelines for board meetingsStandards for shareholder meetingsThe officer hierarchyapproval of internal loansrights to voteOfficers are appointedThe first Directors' Organizational Meeting is often when the corporation's directors formally adopt its bylaws.
The bylaws shall be formed and adopted by the Company and shall govern the internal management of the Company after such formation and adoption.
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some of the current followership literature challenges us to take leadership . a.more seriously b.in a new direction c.to a global level d.off its pedestal
Some of the current followership literature challenges us to take leadership off its pedestal.
For various reasons, followership is crucial when talking about leadership. Leadership is impossible without followers. People who are willing to follow and are successful leaders are necessary for the success of any initiative or organization, just as willing and effective followers are necessary.
Poor work ethics, low morale, goal-distracting activities, disgruntled clients, missed opportunities, exorbitant expenses, poor product quality, and weak competitiveness are all symptoms of followership concerns.
Inexperienced leader shines when they are supported by a talented follower. The ability to assist the followers in shining increases as the leader's abilities increase. Additionally, the interaction becomes more fruitful and life-affirming as they all gain knowledge and expertise.
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two firms have tacitly colluded on price-setting for several years. if this tacit agreement breaks down, it is likely to trigger a(n):
It is likely to trigger a price war.
A price war is a conflict between rival businesses that lowers the prices of their goods in an effort to strategically undercut one another and get a larger market share.
A price war may be implemented as a longer-term strategy or as a short-term tactic to boost sales.
When one rival lowers their price, others follow suit and do the same. A new round of price cuts will begin if one of them lowers their prices once more.
Price wars benefit consumers in the near term since they can benefit from decreased pricing.
Making items distinctive is always preferable than cutting costs and starting a pricing war.
Markets need healthy competition, but it can also have long-term negative effects on customers and the company. A short-term plan that benefits both firms and customers is a good one.
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Business management software that encompasses nearly all business activities in a corporation is called ___ software.
Business management software that encompasses nearly all the business activities in corporation is called the enterprise resource planning software.
What is enterprise resource planning?ERP refers to the integrated management of key business processes, frequently in real time and facilitated by software and technology. Both local and cloud-based ERP solutions are available. The availability of information from any location with Internet connection has led to the growth of cloud-based apps in recent years. Legacy technology now refers to conventional on-premise ERP systems. Using shared databases managed by a database management system, ERP offers an integrated and continually updated picture of key company activities. ERP systems keep track of a company's financial resources, such as cash and raw supplies, as well as its production capacity and the status of its contractual obligations, such as orders and wages. Data from many departments that provide data is shared throughout the programs that make up the system. All company functions may exchange information more easily thanks to ERP, which also controls relationships with external stakeholders.
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brand equity helps give a brand the power to capture and maintain a consistent market share, which provides stability to an organization's sales volume. (T/F)
The statement "a brand's ability to capture and hold onto a specific market share thanks to brand equity stabilizes an organization's sales volume" is TRUE.
What is Brand equity?In marketing, brand equity refers to a brand's intrinsic value or the perceived social value of a well-known brand name.
Due to consumers' perceptions that products from well-known brands are superior to those from lesser-known brands, the owner of a well-known brand name can make more money just by virtue of brand recognition.
Brand equity gives a brand the ability to seize and hold onto a certain market share, stabilizing an organization's sales volume.
The simple act of raising consumer knowledge is one of the simplest ways to develop brand equity.
Take Coke, Kleenex, or Starbucks as examples. These businesses have developed such strong brand recognition that whenever people discuss Coke, Kleenex, or coffee, their names pop up.
Therefore, the statement "a brand's ability to capture and hold onto a specific market share thanks to brand equity stabilizes an organization's sales volume" is TRUE.
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A company sells two versions of an antivirus software. The home edition costs $23. 50, and the business edition costs $58. 75. Last week, the company earned $29,668. 75 from selling 745 copies of the software.
The company earned a total of $29,668.75
x + y = 745
23.50x + 58.75y = 29,668.75
Step-by-step explanation:
1. You must analize the information given in the problem.
2. The first equation:
represents the number of copies of the home edition sold and represents the number of copies of the business edition sold. A total of 745 copies were sold last week.Therefore, if you add the number of copies of the home edition sold and the number of copies of the business edition sold, you will obtain a total of 745 copies, which you can express as below:x + y = 745
3. The second equation:
The cost of each version is:23.50x
58.75y
-If the company earned a total of $29,668.75, you have:
23.50x + 58.75y = 29,668.75
Hence 29,668.75 is a correct answer.
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TRUE/FALSE. organized labor entered a three-sided arrangement with government and business that allowed union membership to soar to unprecedented levels
TRUE. organized labor entered a three-sided arrangement with government and business that allowed union membership to soar to unprecedented levels
In order to advance and defend the interests of workers, independent workers' groups known as unions were established. They thus play a crucial part in the effort to improve pay and working conditions. The conditions of workers are significantly influenced by union density, membership, and bargaining strength.
Reliable information on unions, unionization, employers' groups, collective bargaining, and labor disputes are required in order to gauge the amount of social discourse. On this page, you may find facts and figures about unionization worldwide.
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if the controllable variance is $500 unfavorable and the volume variance is $100 favorable, the journal entry will include a:
'If the controllable variance is $500 unfavorable and the volume variance is $100 favorable, the journal entry will include a: Charge for Variable OH Efficiency Variance Credit for Variable OH Expenditure Variance.
Expenditure variance means the difference between the budgeted expenditure for each period and the actual expenditure for that period. It is (x) a negative number if actual spending is less than budgeted spending, and (y) a negative number if actual spending is greater than budgeted spending. The result is
Cost Variance Analysis is an accounting tool that examines budgeting anomalies. This involves identifying discrepancies between funds allocated and funds actually spent, investigating and reporting on the causes of discrepancies.
In budgeting (or control accounting in general), variance is the difference between the budgeted, planned, or standard cost and the amount actually incurred/sold.
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a traditional division within the capitalist class, in terms of its economic aspects, has been between the following two groups: and .
The two events are causally related, which means that causation demonstrates that one event is the result of the occurrence of the other event.
What is causation?A "cause and effect" relationship between several factors is referred to as causation. The premise of causality is that predictable factors can cause changes in related variables, and that this relationship can be inferred by careful, repeated observation. Theories of causation serve as the foundation for social research because it tries to determine the causal connections between individuals and structural phenomena and to explain these connections via the use and development of theory. Due to differences in theoretical and methodological methods, many theories, including functionalism, all maintain differing ideas of the nature of causation and causal links. Similar to this, a variety of factors have contributed to the distinction between sufficient and required causes.
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is it possible to assess the quality of software if the customer keeps changing what it is supposed to do?
Software quality may be summed up as its suitability for the user's intended purpose. Additionally, this may be assessed in terms of the frequency of flaws (often known as "bugs") and the availability of the anticipated set of capabilities.
The situation you describe is a typical one in agile development, where requirements are "dynamic" and the new features they produce must be prioritized for development and delivery after being compared to the current backlog.
However, you should always have a set of characteristics that you and the project sponsor have agreed upon that will serve as the foundation for your testing and, consequently, your evaluation of the software's quality.
It's crucial to explain to the project client or sponsor the distinction between "agreed" features and "wish list" features, as well as between current and backlog features.
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omplete the sentences top accurately describe each type of good. Assume that the good is traded in a market without government intervention. A market for a private good with no externalities produces an ___quantity of goods. A private good is ____in consumption, and is ____A market for an artificially scare good, also known as a club good, produces an ____ quantity. A club good is ______in consumption, and is ____. A market for a common resource produces an ______ quantity. A common resource is ___ in consumption and is ____A market for a public good produces an ____auantity. A public good is ___in consumption and is ___
A market for private goods without externalities produces an optimal and efficient set of goods (because there are no externalities and therefore no expected dead weight).
As the terms above imply, private goods are competitive and excludable in consumption.
Club goods are always in short supply, leading to traffic jams. This type of product does not lead to full utilization of quantity. Club goods are non-competitive in consumption (until a point of congestion is reached) and excludable (hence under-consumption occurs).
A market for a common resource produces an over-utilization of quantity. It is rivalrous in consumption, and is non-excludable (Since they cannot be excluded, resources can be used by any number of people, resulting in overexploitation and ultimately one person negatively impacting the consumption of others).
A market for a public good produces an under-provision of quantity. A public good is non-rivalrous and non-excludable in consumption.
Private market :A private market is an investment in assets that are not traded on a public exchange or stock market. This could include, for example, private equity (investments in private companies) and private debt. This is when an investor makes a loan directly to a borrower when there is no market to trade that debt. Private markets have important advantages. These provide young and innovative companies with better access to finance, supporting long-term economic growth.
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when a master budget is flexed, total costs will be different on the two budgets, but total costs will be the same. (enter only one word per blank.)
master price range is based on one particular stage of manufacturing and a bendy finances can be organized for any production level within a applicable range.
What is the difference between static finances and grasp budget?Additionally, a company's grasp price range may consist of a document of its static budgets in the course of the financial durations the commercial enterprise has been in operation. The key difference between the static price range is it stays constant in the course of modifications in money flow, prices and different economic aspects.
What is the distinction between flexible finances and flexed budget?Flexible vs flexed budget
Flexible budgeting occurs at the commencing of a budgeting period—revenue, costs, and income are forecast across a vary of pastime levels. With this information, a flexed finances can then be created at the end of the price range period based on the true activity level.
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https://brainly.com/question/25353134#SPJ4On January 1, 2021, Nantucket Ferry borrowed $15,600,000 cash from BankOne and issued a six-year, $15,600,000, 8% note. Interest was payable annually on December 31 Prepare the journal entries for both firms to record interest at December 31, 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
A journal entry will be made each year to pay Bank One $840,000.
What do journal entries consist of?An accounting book's journal entry is a record of a company's financial transactions. A fully documented journal entry includes an exact date, the amounts to be debited and credited, a description of the transaction, and a unique reference number.
What do DR and CR in a ledger mean?Accounting etiquette refers to these identical and conflicting entries as a debit (Dr) entry and a credit (Cr). For each debit that is noted, an equal amount (or sum of amounts) must be entered as a credit.
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project a requires a $315,000 initial investment for new machinery with a five-year life and a salvage value of $47,500. project a is expected to yield annual income of $20,900 per year and net cash flow of $78,750 per year for the next five years.
Initial investment = $315,000
Expected salvage value = $44,500
Average investment = (Initial investment + salvage value) / 2
= ($315,000 + $44,500) / 2
= $179,750
What Is the Value of Salvage?
Salvage value, which is based on what a firm anticipates getting in exchange for the asset after the end of its useful life, is the expected book value of an asset after depreciation is complete. The projected salvage value of an item is therefore a crucial factor in determining a depreciation schedule.
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if per capita spending for health care was about $10,000 and if this amount increased by 6 percent a year, what would be the amount of per capita spending for health care in 6 years? use (exhibit 1-a, exhibit 1-b, exhibit 1-c, exhibit 1-d)
Per capita national health expenditures indicate the average cost per person to different payers for various health care services.
Explain the above process?
Per capita data is often used to make macroeconomic data comparable across countries of different sizes.
FV = PV X Future Value factor , 5% , 10
FV = $10,000 X 1.629
FV = $ 16,290
The above case has been solved by taking exhibit 1.
Therefore , we got 16,290 through exhibit 1.
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What is the function of campaign manager?.
Every element of the campaign is under the campaign manager's control. The lifecycle of a marketing campaign is managed by marketing campaign managers.
A campaign's purpose is to what?A political campaign is a well-organized attempt to sway the course of a certain group's decision-making. Political campaigns in democracies frequently refer to the elections that determine who will represent a party in a house of representatives or the outcome of a referendum.The lifecycle of a marketing campaign is managed by marketing campaign managers. Planning, carrying out, and evaluating a campaign are all part of making sure it achieves the set objectives. A marketing campaign manager could also be in charge of customer-focused duties including messaging and advertisement creation.To learn more about Marketing campaign refer to:
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statement of facts: wendy and peter want to buy property together. wendy will be contributing $70,000.00 of the $100,000.00 purchase price, while peter will be contributing $30,000.00. wendy has two brothers, john and michael, whom she loves very much and she really wants them to inherit her share of the property after her death. applicable law/rules: tenants in common can own unequal percentages of the property, allowing the co-owners to take into account varying levels of contribution. upon the death of a tenant in common, the share owned by the decedent passes through his or her estate to the beneficiaries determined by will, if applicable, or by intestate succession (without a will). joint tenants must own equal percentages, regardless of contribution. upon the death of a joint tenant, the share owned by the decedent goes to the surviving joint tenant.
Wendy's share would go to her estate , to be distributed via her will or via intestate succession .
What does the term "intestate" mean?
Dying without a will is known as intestacy. "Died intestate" refers to a person who passes away without leaving a will. Intestate decedents' estates are handled by the probate court.
The assets of the decedent will be distributed in accordance with the state's intestacy laws.
An intestate heir is what?
Except in cases where a child was adopted by a close relative, biological children who have been adopted by another person typically are not entitled to inherit under intestate succession laws.
If the deceased had no children, the surviving husband would probably get the entire estate.
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based on the questionnaire in the excel spreadsheet on elc, where do you fall on the blake mouton leadership/management grid? team management (high-relationship; high-task) country club (high-relationship; low-task) authoritarian compliance (low-relationship; high-task) impoverished management (low-relationship; low-task) middle-of-the road management (medium relationship and task)
A "Middle-of-the-Road Management" style is exhibited by managers who score moderately on concerns for people and moderately on concerns for production. They try to strike a balance between the needs of employees and an organization's performance goals.
Which leadership style on Blake & Mouton's leadership grid has moderate concern for people and production?Two fundamental management behaviors—task-oriented behavior and people-oriented behavior—can be identified as important based on behavioral research studies on leadership and management (e.g. , Ohio State Studies and Michigan Studies). Although these two aspects are not the only critical management behaviors, they must be demonstrated to a reasonable degree. Each axis on the grid is a nine-point scale, with 1 denoting a low concern and 9 a high concern.You can give managers different types of management styles depending on how well they did on each of the two axes. In-depth discussion of these various types of styles and their effects will be provided in this article.To Learn more About "Middle-of-the-Road Management" refer to:
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unemployment is costly to employers, employees, and the economy as a whole. what are some explanations for the coordination failures that prevent workers and employers from reaching agreements?
When both employees and employers are unable to reach the desired result, coordination fails. Coordination failure is influenced by long-term contracts, pay, the challenge of coordinating a large-scale wage drop, and the availability of generous unemployment benefits.
What is coordination failure?Coordination failure is a concept in economics that explains recessions by pointing to the inability of enterprises and other price-setters to cooperate. Coordination failure happens when a group of firms may reach a more desirable equilibrium in an economic system with numerous equilibria but fail to do so because they do not coordinate their decision-making. A lack of coordination may cause a prophecy to come true. For instance, if one business determines a recession is coming and fires all of its employees, other businesses may lose demand as a result of the layoffs and react by firing all of their employees, which will cause a recession at the new equilibrium. Failures in coordination have also been linked to animal spirits and sunspot equilibria, where equilibria are the product of factors with no meaningful bearing on the fundamentals.
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