Ordinary share holders normally receive the following three benefits: right to vote, profits, and limited liability. On averages and over time, common stock has shown to be an useful source of return for investors through investment income and regular dividends.
What advantages and rights do owners of common stock have?Six rights are granted to common shareholders: vote authority, stock, the ability to transfer stake, dividends, the ability to view corporate records, and the ability to bring legal claims for wrongdoing.
What are the benefits and drawbacks of stock ownership?Benefits and Drawbacks of Common Stock
Bond and deposit certificates perform worse than common stocks. Therefore, there is no cap on how much money an investor can make from holding ordinary stock. Common stocks are thus more affordable and useful alternatives to debt investment.
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suppose we start with a zero balance. we deposit $10 into the account in the second month , $20 in the third month, $30 in the fourth month and so on. there are no deposits in the first month.
B(2) = N_{0} * (1 + beta) ^ (2 - 1) * sum k = 0 to 2 - 1 ((1 + alpha)/(1 + beta)) ^ k
N_{0} = 1000
Beta=10 Percent
alpha = 5 Percent
B(n) = Balance after nth deposit.
Part (a): Balance after 1st deposit = Initial amount (1+5 percent) + First deposite amount.
B(1) = 0(1 + alpha) + 1000
B(1) = 0 + 1000
⇒ B(1) = N_{0}
Rightarrow B(1)= N_{0} * (1 + beta) ^ 0 ( 1+ alpha 1+ beta ) (1) ^ 0
Balance after 2nd deposit = Initial amount after 1st deposite (1+ 5 percent) + First deposite amount (1 +10 percent).
B(2) = B(1)(1 + alpha) + 1000(1 + beta)
B(2) = N_{0}(1 + alpha) + N_{0}(1 + beta)
B(2) = N_{0}(1 + beta)[1 + (1 + alpha)/(1 + beta)]
B(2) = N_{0} * (1 + beta) ^ (2 - 1) * sum k = 0 to 2 - 1 ((1 + alpha)/(1 + beta)) ^ k
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Complete ques is here
a) Show that the balance during the nth period is given by N1 B(n) = N *(1+B)N-2-1 (8) 1 where No is the deposit in the second month ie N(1) (b) Using a similar strategy used to derive Eq. 6, show that B(n) = N, (1+B)" - (1+nB) (9) 82 (C) We deposit $10 into the account that pays 0.5% per month in the first month, $20 in the second month, $30 in the third month and so on. How much money will the account have after 24 months
Balance(2) is equal to N 0 * (1 + beta) (2 - 1) * sum k = 0 to 2 - 1 ((1 + alpha)/(1 + beta)) k.
Alpha = 5%, Beta = 10%, and N 0 = 1000
B(n) is the balance after the nth deposit.
Part (a): Initial amount (1+5%) + First deposit amount = Balance after First Deposit.
B(1) = 0 + 1000 B(1) = 0 (alpha + 1) + 1000 B(1) = N {0}
Rightarrow B(1)= N 0* (1+beta) 0 (1+alpha 1+beta) 0
Balance after second deposit = Initial sum after first deposit (1 + 5%) + Amount of first deposit (1 + 10%).
B(2) = 1000(1 + beta) + B(1)(1 + alpha)
B(2) = N {0}
N 0 (1 + beta) + (1 + alpha)
B(2) = N {0}
(1 + beta)
[1 + (1 + beta)/(1 + alpha)]
B(2) = N 0 * (beta + 1) (2 - 1) Sum k is equal to 0 to 2 - 1 ((1 + alpha)/(1 + beta)) k.
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When the government is unified it passes a significantly higher number of laws compared to the times when the government is under a divided control.False
No, compared to times when the government is controlled by different factions, the number of legislation passed when the government is unified is not much higher.
What is legislation?
A legislative, parliament, or other comparable governing body may enroll, enact, or promulgate laws as a process or as a result. A piece of legislation may be referred to as a bill before it is enacted and may be generally referred to as "legislation" while it is still being considered to distinguish it from other activities. Regulation, authorization, outlawed, provision of (funds), penalty, grant, declaration, and restriction are just a few of the various objectives that legislation may serve. An executive or administrative entity acting in accordance with a legislative act may contrast it with a non-legislative act.
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Job order costing systems for companies that compete in, for example, the green building arena should reflect: only costs in dollars. only sustainability-related metrics. both costs of materials in dollars and sustainability-related metrics. neither costs of materials in dollars nor sustainability-related metrics.
Job order costing systems for companies that compete in, for example, the green building arena should reflect both costs of materials in dollars and sustainability-related metrics. Thus, option 3rd is correct.
What is Job order costing systems?Job costing is a type of accounting that monitors expenses and revenues by "work," allowing for consistent reporting of profitability per job. To enable job costing, an accounting system must allow job numbers to be allocated to individual costs and revenues.
Job order costing is a costing approach used to calculate the cost of producing each product. This pricing approach is typically used when a company creates a number of items that are distinct from one another and wants to assess the cost of performing a single operation. Hence, option 3rd is correct.
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if the supply curve of a product changes so that sellers are now willing to sell 2 additional units at any given price, the supply curve will
The correct answer to this question is option B. If the supply curve of a product changes so that sellers are now willing to sell 2 additional units at any given price, the supply curve will shift rightward by 2 units.
The amount of a resource that businesses, producers, workers, providers of financial assets, or other economic agents are willing and able to offer to the market or to a specific person is known as supply in economics. Supply can refer to manufactured items, labor hours, raw resources, or any other in-demand or pricey item.
An adjusted net income figure that accounts for changes in expenses throughout the course of the company's reporting period is known as the current cost of supplies (CCS).
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An industry based on which of the following would most likely take advantage of lower costs in some less developed foreign countries?
a. assembly line production
b. specialized professional services
c. nuclear missile programs
d. development of more sophisticated computer technology
Lower costs would most likely benefit from lower costs in some less developed countries: (A) assembly line production.
The required details for assembly line in given paragraph
An assembly line is a manufacturing process in which parts are added as inventory moves from one work station to another, with parts being added sequentially until final assembly. By mechanically moving and rolling parts from one work station to another for assembly work, the finished product can be assembled faster and with less effort than if workers had to move parts to a fixed component for assembly work. Assembly lines are common methods of assembling complex components such as automobiles and other transportation equipment, household appliances, and electronic devices. Employees who are responsible for work on the assembly line are called assemblers. Lotus Cars assembly line since 2008. Assembly lines are designed to arrange workers, tools or machines and parts in order. Business trips are reduced to a minimum as far as possible. All parts or assemblies are moved by conveyor belts or motorized vehicles such as forklifts or by gravity without manual handling.
Heavy lifting is done by machines such as overhead cranes or forklifts. Each employee typically performs one task, unless there are job rotation strategies.
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) Nuru Meda Golf and Driving Range plc was opened on March 1 by Nuru. The following selected events and transactions occurred during March. Mar. 1 Invested Br.120,000 cash in the business in exchange for ordinary shares. 3 Purchased Mechare Meda’s Golf Land for Br. 76,000 cash. The price consists of land Br. 20,000, building Br. 44,000, and equipment Br. 12,000. (Make one compound entry.) 5 Advertised the opening of the driving range and miniature golf course, paying advertising expenses of Br. 3,200. 6 Paid cash Br. 2,480 for a 1-year insurance policy. 10 Purchased golf equipment for Br.5,000 from Young Company, payable in 30 days. 18 Received golf fees of Br.2,400 in cash. 25 Declared and paid a Br.2,000 cash dividend. 30 Paid salaries and wages of Br.1,800. 0 Paid Young Company in full. 31 Received Br. 1,500 of fees in cash. Snyder uses the following accounts: Cash, Prepaid Insurance, Land, Buildings, Equipment, Accounts Payable, Share Capital—Ordinary, Dividends, Service Revenue, Advertising Expense, and
Answer:
The following compound entry can be made to account for the events and transactions that occurred during March:
Debit Credit Cash 120,000 Land 20,000 Buildings 44,000 Equipment 12,000 Accounts Payable 5,000 Share Capital—Ordinary 120,000 Dividends 2,000 Service Revenue 2,400 Advertising Expense 3,200 Prepaid Insurance 2,480 Salaries and Wages 1,800 Fees 1,500
This compound entry records the initial investment of cash into the business, the purchase of Mechare Meda’s Golf Land, the payment of advertising expenses, the purchase of golf equipment on credit, the receipt of golf fees in cash, the declaration and payment of a cash dividend, the payment of salaries and wages, and the receipt of fees in cash.
True or False : When higher-priced or technically complex business products are involved, business customers prefer to deal directly with producers rather than through intermediaries.
Ray Kroc's motivation to keep going and not give up can be summarized by this quote from the film:
"One word... PERSISTENCE. Nothing in this world can take the place of good old persistence. Talent won't. Nothing's
more common than unsuccessful men with talent. Genius won't. Unrecognized genius is practically a cliche.
Education won't. Why, the world is full of educated fools. Persistence and determination alone are all powerful."
Put these four characteristics in order from most important to least important; talent, genius, education and
persistence. Be sure to give an explanation for why you ordered the characteristics in this way. You can use details
from the movie and/or experiences from your own life to support your answers.
Ray Kroc has always held the view that achievement is the result of pure effort and unwavering perseverance. "Persistence is the only quality that matters in this life. Nothing is more prevalent than talented men who fail in their endeavors."
Who was Ray Kroc?Businessman Raymond Albert Kroc was American. In 1961, he bought the fast food chain McDonald's, and from 1967 until 1973, he served as its CEO.
The globalization of McDonald's, which made it the most prosperous fast food company in the world, is attributed to Kroc.
The McDonald brothers and Kroc frequently disagreed over the modifications Kroc wanted to make to their original recipe. As his frustration level rose, Kroc made the decision that he wanted complete control of McDonald's.
He, therefore, acquired Mcdonald's for $2.7 million in cash in 1961.
Ray Kroc has always believed that success comes from unshakable perseverance and sincere work.
The only trait that counts in this life is perseverance.
The prevalence of talented guys failing in their undertakings is unmatched.
Unappreciated genius is nearly a proverb; genius won't do it.
Therefore, Ray Kroc has always held the view that achievement is the result of pure effort and unwavering perseverance. "Persistence is the only quality that matters in this life. Nothing is more prevalent than talented men who fail in their endeavors."
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Which of the following companies is most likely to achieve the human resource management (HRM) goal of complying with legal and social obligations?
a. A company that hires specialized employees to remain competitive
b. A company that gives its employees the freedom to act and make decisions as they deem fit
c. A company that makes sure its employees are aware of regulatory requirements
d. A company that develops practices to promote ethnocentrism
c) A company that makes sure its employees are aware of regulatory requirements will most likely to achieve the human resource management (HRM) goal of complying with legal and social obligations.
One of the key goals of human resource management (HRM) is to comply with legal and social obligations. A company that makes sure its employees are aware of regulatory requirements is most likely to achieve this goal as it ensures that all employees are following the same rules and regulations, reducing the risk of legal or ethical violations.
This type of company is taking a proactive approach to HRM and prioritizing the compliance of its employees with the law. This type of company also ensures that its employees understand the company's position on ethical matters, promoting a positive work culture and reducing the risk of any kind of misconduct.
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1. On July 1, Salvatore, the owner invested $10,500 cash into the company.
The journal entry for the investment of $ 10, 500 by the owner, Salvatore, into the company, is:
Date Account Title Debit Credit
July 1 Cash $ 10, 500
Owner's Capital, Salvatore $ 10, 500
How to record investment by owners ?When an owner makes an investment into their company as was done by Salvatore in the question, the owner's capital account is to be credited to show that the capital account is increasing.
The account that would then be debited would be the cash account because the investment would increase the amount of cash that the company has. The debit is because the cash account is an asset account and they are debited when they increase.
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The rest of the question is:
Show the record of this transaction as a journal entry.
list and explain 2 external factors and 2 internal factors that could lead to a business going bankrupt.
Lack of capital, the retention of an inadequate management team, a deficient infrastructure or business model, and inefficient marketing techniques are among the most common reasons for small business failure.
What factors, both internal and external, are responsible for corporate distress?This study suggests that the case company's financial issues may be brought on by both internal and external reasons, including altered accounting rules, a tighter monetary policy, aggressive investment practices, high levels of financial leverage, and poor business tactics.
What features of bankruptcy influence it?Instances of postdated, dishonored, or bounced checks. that the business has been threatened with legal action by other creditors over unpaid or late bills. The corporation is served with official notices of its bankruptcy. It has become difficult to pay employees' salaries or wages.
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Which of the following is an important change that is projected in the demographics and diversity of the workforce?
A. The labor force participation of those 55 years and older will continue to decrease.
B. Immigration will not affect the size and diversity of the workforce.
C. The average age of the workforce will increase.
D. The workforce will become less diverse in terms of gender, race, and generations.
E. The proportion of workers age 55 and older will decrease from 23% to 18% by 2026.
The statement "The average age of the workforce will increase" is true
Hence, option (c) is the correct choice.
Workforce diversity is the sum of employees' variances and similarities (including individual characteristics, values, beliefs, experiences, backgrounds, preferences and behaviors). Discover how to create a diverse, egalitarian, and inclusive organization.
Gender, colour, ethnicity, religion, age, sexual orientation, physical ability, and philosophies can all be included in the notion of workforce diversity. Employees' life experiences, problem-solving skills, and socioeconomic level all contribute to diversity.
According to research, diversifying your staff may increase efficiency by 35%. A varied team is more likely to comprehend your clients' wants and devise solutions to meet them. Diversity in the workplace will boost employee morale and create a drive to be more successful and efficient at work.
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Strategic Risk Management at the LEGO Group, starting on page 93. Review the corporate culture and solutions and history of LEGO Group again. Then answer the questions below and submit your document to this dropbox.
According to the case, how does scenario analysis assist a company to become better prepared for uncertainties?
The case study focuses on four steps. Explain each step and provide an example of each. The example can reflect information from the case or outside of the textbook.
Has the LEGO strategy worked? Use examples outside of the textbook to answer this question.
According to the LEGO Group case study, scenario analysis assists a company to become better prepared for uncertainties by helping to identify potential risks and evaluate their impact.
Scenario analysis involves creating multiple hypothetical scenarios to simulate different potential outcomes, which can help companies identify potential vulnerabilities and develop strategies to mitigate these risks. For example, the LEGO Group used scenario analysis to evaluate the potential risks associated with their proposed expansion into China.
The four steps of risk management at the LEGO Group, as outlined in the case study:Enterprise Risk Management -This involves identifying and assessing potential risks that could affect the company's operations and objectives, and then developing strategies to mitigate those risks. For example, the LEGO Group identified the potential risks associated with their proposed expansion into China, and developed strategies to mitigate these risks.Monte Carlo Simulations - This involves creating multiple simulations of potential outcomes to evaluate potential risks and their potential impacts. For example, the LEGO Group used simulations to evaluate the potential risks and impacts of their proposed expansion into China.Scenario Analysis - This involves creating multiple hypothetical scenarios to simulate different potential outcomes and identify potential risks and vulnerabilities. For example, the LEGO Group used scenario analysis to evaluate the potential risks associated with their proposed expansion into China.Risk Analysis - This involves analyzing the potential risks and their potential impacts and developing strategies to reduce or mitigate those risks. For example, the LEGO Group analyzed the potential risks associated with their proposed expansion into China, and developed strategies to reduce or mitigate those risks.Learn more about LEGO strategy:
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Given the list of accounts below, identify which of them would appear on a balance sheet:
Utilities Expense, Rent Expense, Equipment, Cash, Rental Revenue, Accounts Payable, Retained Earnings, Supplies
The accounts that would appear on a balance sheet are Equipment, Cash, Retained Earnings, and Accounts Payable.
A balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and equity at a specific point in time. Assets are resources owned by a company and expected to provide future economic benefits.
Liabilities are obligations that the company owes to others. Equity represents the residual interest in the assets of a company after liabilities are deducted.
Equipment, Cash, and Retained Earnings are all assets. Equipment represents tangible assets that are used in a company's operations, Cash represents a company's liquid assets, and Retained Earnings represent the portion of profits that a company has kept and reinvested in the business.
Accounts Payable is a liability, representing the amount that a company owes to its suppliers.
The remaining accounts, Utilities Expense, Rent Expense, Rental Revenue, and Supplies, would not appear on a balance sheet as they are expenses, revenues, or supplies used in operations and not classified as assets, liabilities, or equity.
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cathy is on her way to a customer service call to repair a broken computer when she gets a flat tire. she changes the tire and immediately gets back on road but arrives 20 minutes late for the appointment. she apologies to the customer and thinks everything is okay, until later when her supervisor calls her into his office and says that the customer called and said cathy fixed the problem, but that they were disappointed she was late.
Cathy's manager illuminated her that the client called and communicated frustration about her appearance being 20 minutes late. Cathy had encountered a punctured tire while heading to the arrangement and transformed it prior to proceeding with her excursion.
Cathy was in route to fix a messed up PC for a client when she had a punctured tire. She replaced the tire rapidly and forged ahead with her way, yet she showed up 20 minutes late for the arrangement. In spite of saying 'sorry' to the client, the client actually called her manager and communicated their mistake about the postponement. This shows that being on time for arrangements is a significant calculate consumer loyalty. Regardless of whether the work is performed well, a postponement can in any case have an adverse consequence and harm the relationship with the client. Cathy discovered that it means a lot to bend over backward to show up on time, in order to not endanger the client experience.
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the johnson endowment is considering how to express a $50 million passive investment in u.s. domestic equities. it will either invest either through etfs or mutual funds. it expects to hold this investment for at least 10 years. assuming only the following data, and all else being equal, which is the better vehicle to express this investment, an etf or a mutual fund? assume that both vehicles will have similar tax implications.
The choice between investing in mutual funds or exchange-traded funds (ETFs) mostly depends on the investor's personal tastes and financial goals.
The decision between ETFs and mutual funds for passive investment in domestic U.S. equities will depend on a number of variables, including cost, liquidity, and convenience of use.
Since ETFs are traded on an exchange like stocks and often have lower management costs, they typically have fewer expenses than mutual funds. Contrarily, mutual funds provide a more practical means of investing in a diversified portfolio of equities and are frequently easier to access for individual investors.
When all other criteria are similar and the investment is anticipated to be held for at least ten years, selecting an ETF over a mutual fund may be more advantageous because of its lower expenses and higher tax efficiency.
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Which of the following statements is the best explanation for why B2B firms sometimes choose to retain a focus on their co product while engaging partner firms to jointly provide a total solution (i.e., a product bundled with additional services)? A. B2B customers do not perceive value for additional services offered beyond the core product B. Any move a B2B firm makes beyond its core capability or technology can have an adverse effect on its ability to reach the markets it is trying to serve, its skills in executing effectively, its ability to create and deliver offerings across all of its markets, its ability to work effectively with its collaborators, and/or its ability to thrive against competition. C. B2B companies are not able to charge more for additional services beyond the value of their core product
D. B2B companies tend to thrive the more risk averse they are towards the markets they serve
The statement that is the best explanation for why B2B firms sometimes choose to retain a focus on their co product is: B. Any move a B2B firm makes beyond its core capability or technology can have an adverse effect on its ability to reach the markets it is trying to serve, its skills in executing effectively, its ability to create and deliver offerings across all of its markets, its ability to work effectively with its collaborators, and/or its ability to thrive against competition.
What is B2B?B2B which full meaning is business to business can be defined as a form of business transaction that is carried out between two business owners.
Example of business to business transaction is when a business owner sells it goods or product to another business owners rather to an individual.
Therefore the correct option is B.
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Ed and Fred produce Raincoats and Shirts. In a single day, Ed can produce either 60 Raincoats or 20 Shirts. Based upon this information alone, we know that
Answer:
Shirts take longer to make, and are possibly more expensive. use more material
Example Co is considering investing in a wind facility. Please create income statements, balance sheets, and cash flow statements for 5 years for this proposed investment considering the following assumptions:
Prior to the investment, the project’s beginning cash balance is $7 million and there are no other assets, no debt and 230,000 shares of common stock are outstanding.
The cost per installed turbine is $5 million and Example plans to install 10 turbines.
Example plans to finance this investment with 50% debt, 40% equity, and 10% cash. The terms of the debt include no principal repayments until the end of year 25 and a 6% interest rate. The current share price of Example stock is $35. Assume no dividend payments during the first 5 years.
The life of the facility is 25 years. Assume book and tax depreciation are the same.
There are no required ongoing capital expenditures.
The facility will produce 87,600 mega watt hours (MWh) of electricity per year and the initial sales price is $40 per MWh of electricity sold. The price of electricity is expected to escalate at 2% per year. Assume full year production in year 1 and each year thereafter.
The facility will employ 2 employees earning $40,000 per year. There is a 65% overhead on their labor. It is expected that labor expense will increase by 3% per year.
The income tax rate is 40%. Assume there are no other taxes (e.g., sales and property taxes).
Based on your results, what is your recommendation regarding this investment?
Based on the results, the recommendation regarding this investment is that the company should invest in the wind facility.
What is investment?A person or any entity like a company or business earns money . They either spend that money on consumption or save it and invest it. Investment means putting the savings in any form of asset created to help a person grow the money.
In other words, an investment is a financial asset that is bought with the idea that it will provide you with higher returns in the future. You will sell it at an amount higher than the cost price and make a profit.
An investment helps a person create wealth that can be used as an emergency fund like during any health emergency, education, etc. Based on the results, the recommendation regarding this investment is that the company should invest in the wind facility.
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maximization of shareholder wealth is a concept in which multiple choice increased earnings is of primary importance. profits are maximized on an annual basis. virtually all earnings are paid as dividends to common stockholders. optimally increasing the long-term value of the firm is emphasized.
(D) maximizing the firm's long-term value is a concept that emphasizes maximization of shareholder wealth.
What exactly is meant by "maximizing shareholder wealth"?The management of a company is said to have the primary objective of maximizing shareholder wealth. By increasing the firm's (or its shares') long-term value, this is accomplished. A concept that places an emphasis on optimally increasing the company's long-term value is called "maximizing shareholder wealth."
The fact that the stock price has increased indicates that the wealth of the shareholders has increased during that time. As a result, shareholders' wealth is examined as a result of profit maximization. However, shareholder wealth does not always result from profit maximization.
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n order to calculate marginal cost, producers must compare the difference in the cost of producing one unit to the cost of
purchasing a unit.
distributing that unit.
producing the next unit.
producing a different unit.
In order to calculate marginal cost, producers must compare the difference of producing one unit to the cost of producing the next unit.
What does the economic definition of consumers and producers mean?The buying and selling is carried out by producers and customers. To pay for the goods and services that producers generate, consumers utilize their money. A large majority of people are both consumers and producers. Those that make or provide a certain good (product) or service are known as producers.
What purpose in the economy does a producer serve?Those who create and offer goods or services are known as producers. Factor inputs, such as labor and capital, are commonly combined by producers to create new things. The principal producers that economists often consider when referring to producers are business firms.
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Answer:
It's C.
Explanation:
Edge 2020.
Suppose that an increasing number of traffic collisions observed on state roads lead the governor to implement the rule that all registered vehicles must be equipped with front and side airbags. These airbags reduce the probability of serious infury in a motor vehicle collision by
62%. The new airbags ______ the probability that a driver will be injured in a traffic collision, but also give motorists an incentive to drive more _____, which could potentially _______ the number of car accidents that occur on state roads.
Suppose that an increasing number of traffic collisions observed on state roads lead the governor to implement the rule that all registered vehicles must be equipped with front and side airbags. These airbags reduce the probability of serious injury in a motor vehicle collision by 62%. The new airbags decrease the probability that a driver will be injured in a traffic collision, but also give motorists an incentive to drive more increase, which could potentially increase the number of car accidents that occur on state roads.
A traffic light coalition generally can be defined as a regulation of traffic that formed in Rhineland-Palatinate following the 2016 Rhineland-Palatinate state election. The 2021 Rhineland-Palatinate state election marked the first time in German history that an outgoing traffic light coalition was replaced by a renewed traffic light coalition in a state election.
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You own Company X. When you started the company, you initially invested $12,000. You also borrowed $12,000 through a five-year (long-term) loan, of which you have paid back $2,018. You have retained $1,291 in earnings to be reinvested in the company, and you decided to put $1,000 of it aside for a long-term investment. The company owns land and a building worth $8,878 and equipment worth $4,230. As of today, the company has $8,250 in cash, $1,225 in inventory, and is due to receive accounts worth $675. However, the company owes its suppliers $485 and has a $500 loan to pay off in the next six months.
$37,369 - $11,967 = $25,402 in total assets
Therefore, Company X currently has a net value of $25,402.
What are borrowed funds?The activity of borrowing money from external sources like banks, financial institutions, or other lending organisations to finance the operations, investments, or expansion of a business or individual is known as debt financing and is also referred to as borrowing cash. Usually taking the form of loans or bonds, borrowed money is utilised as an alternative to equity financing. Usually, they come with interest and are paid back over time. In comparison to equity financing, borrowed money might be more flexible, but it also carries the risk of increased interest costs and significant damage to credit ratings.
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Anauiitor is examining the significant in 2ecounts rece informs the auditor that the differences the
fecuson colletionsina timely manner. The auditor then gathers evidence to support timely collections and does not examine the
‘number of customers or the amount being purchased on credit. Which of the following bases has occurred?
A-anchoring bias
B-overconfidence bias
C-confirmation bias
D-availability bias
Anchoring bias is one of the bases which has occurred. Hence, option A is appropriate.
What is the meaning of Anchoring Bias?A particular point of comparison or "anchor" can have an impact on a person's decisions due to the anchoring effect, a cognitive bias. Research has noted both numeric as well as non-numeric anchoring.
When making decisions, persons who have an anchoring bias tend to rely too heavily on facts that they already know or that they find initially.
The tendency for people to place an excessive amount of weight on the first piece of data they learn about a subject is known as anchoring bias. Whether or not that information is accurate, people utilize it as a guiding principle or anchor when making subsequent decisions.
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______ is a system of principles that govern how a business operates, how decisions are made, and how people are treated.
group of answer choices O organizational culture O hierarchy O business ethics O adhocracy
Option c: Business ethics is a system of principles that govern how a business operates, how decisions are made, and how people are treated.
By definition, business ethics are moral principles that guide a company's conduct and dealings.
In many ways, the same guidelines that individuals follow for acceptable behavior apply to businesses, both personally and professionally.
Ultimately, acting ethically means determining what is "right" and what is "wrong." All over the world, there are basic standards that define what is wrong or unethical in business practice.
Business ethics are important to any business. Protect worker safety, keep trade and business interactions honest and fair, and generally improve goods and services.
Distinguishing between what companies stand for and what they don't stand for is not always the same for all organizations, but understanding basic ethical guidelines is an important component of corporate governance.
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Explain why and how price floors distort the market
Price floors prevent a price from falling below a certain level. When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.
How does price floors distort the market?Price floors cause market distortions in a variety of ways. They, for example, encourage inefficiency. Some suppliers who were unable to compete at a lower market equilibrium price can now survive and thrive at the higher government-mandated price level.
Consumers pay more for the product, thereby subsidizing inefficiencies. Because of the higher price, consumers buy less, so some would-be buyers are unable to afford the product or choose not to buy it.
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Airline companies are interested in the consistency of the number of babies on each flight, so that they have adequate safety equipment. Suppose an airline conducts a survey. Over Thanksgiving weekend, it surveys six flights from Boston to Salt Lake City to determine the number of babies on the flights. It determines the amount of safety equipment needed by the result of that study.
a. Using complete sentences, list three things wrong with the way the survey was conducted.
b. Using complete sentences, list three ways that you would improve the survey if it were to be repeated.
Six similar flights were used in the survey; conducting it on a holiday weekend will not yield accurate results, nor will it accurately represent the entire population of air travelers.
Which four major airlines are there?According to data from the London-based aviation analytics firm Official Airline Guide (OAG), the "Big Four" airlines in the United States—American Airlines, United Airlines, Delta Air Lines, and Southwest Airlines—as well as a number of Chinese airlines—made the top-20 list with hundreds of millions of seats offered in 2021.
In 2019, the organization also provided Insider with the data set for 2018, which revealed American Airlines as the largest airline in the world. The rankings have changed since then, with Southwest Airlines becoming the largest airline by seat capacity worldwide. In 2021, a number of the top 20 airlines had significantly fewer seats available.
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Federal courts have exclusive subject matter jurisdiction over which of the following? Choose 2 answer choices.
Patent/trademark/copyright cases
Bankruptcies
Federal courts have exclusive subject matter jurisdiction over:
Patent, trademark & copyright casesBankruptciesDo federal courts have exclusive jurisdiction in all federal matters?In civil or criminal lawsuits brought against the United States or its representatives, federal courts have exclusive subject-matter jurisdiction. That is, any case in which the United States Government is a plaintiff or defendant can only be heard in a federal court.
A federal district court, for example, would have subject-matter jurisdiction in a case in which a plaintiff sues the federal government for enacting an allegedly discriminatory law. As the plaintiff alleges that the Federal Government's action is unconstitutional, the case would also fall under federal-question jurisdiction.
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Hak Young has accumulated some credit card debt while he was in college. His total debt is now $23,864.00 and his credit card charges 18% interest compounded monthly. He is getting worried about his debt and is determined to pay it off completely.
What would Hak Young’s minimum monthly payment have to be in order to pay off his debt in 5 years?
What will be the total interest paid?
In the fields of finance and economics, interest is the payment of a sum over .
What is Interest ?Above the principal amount to a lender or depositor by a borrower or deposit-taking financial institution at a set rate. It is not the same as a fee that the borrower might pay to the lender or another entity.
[tex]L = current balance or amount owed = $13,864.82i = interest rate per month = 0.19/12\\ = 0.01583 (approximate)n = number of months\\ = 5*12 = 60[/tex][tex]P = monthly paymentP = (L*i)/( 1-(1+i)^(-n) )P = (13,864.82*0.015833 )/( 1-(1+0.01583 )^(-60) )\\P = 359.66107 \\which is approximateP = 359.66His minimum payment is $359.66 per month.Total paid back = P*nTotal paid back = 359.66*60Total paid back = 21,579.60Total interest = (Total paid back) - (amount owed)Total interest = (21,579.60) - (13,864.82)Total interest = $7,714.78\\Answers:Min payment = $359.66 per monthTotal interest = $7,714.78\\[/tex]
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mckein sports ltd. manufactures a variety of sporting good products in a single plant. which of the following would be an indirect cost assuming tennis shoes as the cost object? answer the cost of the laces of the shoes the cost of leasing the plant the cost of rubber used in the soles of the shoes the cost of the wages of employees who stitch the shoes
The cost of licensing the facility is the best choice in light of the supplied statement.
For instance, what does manufacturing mean?Manufacturing is the process of creating new goods from components or raw materials. Automotive businesses, bakers, shoemakers, and tailors are all examples of manufacturing because they all produce goods rather than provide services.
The definition of manufacturing in a sentence:Glass is made with the help of limestone. The production of several goods, including paper, textiles, and explosives, depends on CHO. The process of creating items or products is called manufacturing. Therefore, manufactured products are the total opposite of primary products but also comprise intermediate and final commodities. They include things like steel, chemicals, paper, cotton, apparel, machinery, and automobiles.
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The complete question is-
McKein Sports Ltd. manufactures a variety of sporting good products in a single plant.
Which of the following would be an indirect cost assuming tennis shoes as the cost object?
- the cost of the laces of the shoes.
- the cost of leasing the plant.
- the cost of rubber used in the soles of the shoes.
- the cost of the wages of employees who stitch the shoes
