The insured's medical history is generally not considered when underwriting group insurance.
Group insurance is an insurance policy that provides coverage to a group of people who are often employees of a corporation or members of a particular organization. It is an economical way of providing insurance coverage to a group of individuals. The following is generally not considered when underwriting group insurance: The insured's medical history is not typically considered when underwriting group insurance.
Instead, the health status of the group as a whole is evaluated. Group insurance providers analyze the group as a whole in order to establish costs and terms. The medical history of each person insured in the group is not taken into consideration. This helps to keep group insurance costs low.
learn more about insurance
https://brainly.com/question/28548561
#SPJ11
Marcos Company, which had 35,000 shares of common stock outstanding, declared a 4-for-1 stock spit. 3. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $280 per-share before the stock split, what would be an approximate market price per share after the split? per share
After the 4-for-1 stock split, the number of shares outstanding will be 140,000 shares.
If the common stock had a market price of $280 per share before the stock split, an approximate market price per share after the split would be $70.
Stock, also known as shares or equity, represents ownership in a company. It represents a proportionate claim on the assets, earnings, and voting rights of the company. Stock ownership allows individuals or entities to participate in the company's growth and success. Investors can purchase stocks on public exchanges, such as the stock market, or through private offerings. Stocks can be categorized into different types, such as common stock and preferred stock, each with its own rights and privileges. Stock prices are influenced by various factors, including the company's financial performance, market conditions, and investor sentiment.
Learn more about stock here;
https://brainly.com/question/26128641
#SPJ11
Six years ago, Footnote Inc. (NYSE: FT) issued a 15 -year bond with a $1,000 face value and an 8 percent coupon rate of interest. Interest is paid semiannually. The bond is currently selling for $1,050. If the bond can be called in five years for a redemption price of $1,080, what is the bond's yield to call (YTC)? (7) A 20-year maturity, 8\% coupon, \$1,000 par value bond paying coupons semiannually is callable in five years at a call price of $1,040. The bond currently sells at a yield to maturity of 10%. What is the yield to call (YTC)? (8) Suppose you purchased a 20-year, 10 percent coupon (semiannual payments) bond at par. You plan to sell the bond in two years. You expect that 18-year bonds with similar characteristics (e.g., default risk) would yield 12 percent at the end of two years. Calculate the expected realized yield on this bond by assuming that each coupon payment is reinvested at the following rates: the 1st coupon at 8% p.a. for 18 months; the 2 nd coupon at 10% p.a. for 12 months; the 3rd coupon at 12% p.a. for 6 months; and the 4 th coupon not reinvested.
7. The bond's yield to call (YTC) is approximately 2.84%. 8. The bond's yield to call (YTC) is approximately 3.48%. 9. The expected realized yield on the bond is approximately 10.61%.
7. To calculate the bond's yield to call (YTC), we need to find the discount rate that equates the present value of the cash flows from the bond (coupons and redemption price) to the bond's current market price. The bond has a 15-year maturity, an 8% coupon rate, and semiannual coupon payments. It can be called in five years for a redemption price of $1,080. The bond is currently selling for $1,050. Using a financial calculator or spreadsheet software, we can find that the YTC is approximately 2.84%.
8. Similar to the previous question, this bond has a 20-year maturity, an 8% coupon rate, and semiannual coupon payments. It can be called in five years at a call price of $1,040. The bond currently sells at a yield to maturity of 10%. Using a financial calculator or spreadsheet software, we can find that the YTC is approximately 3.48%.
9. To calculate the expected realized yield on the bond, we need to consider the reinvestment of coupon payments at different rates. The bond has a 20-year maturity, a 10% coupon rate, and semiannual coupon payments. The bond is purchased at par, and it will be sold after two years. We expect that 18-year bonds with similar characteristics would yield 12% at the end of two years.
To calculate the expected realized yield, we need to calculate the present value of each coupon payment and the redemption value at the expected reinvestment rates. Then we can sum up the present values and divide by the initial investment to get the expected realized yield. By considering the reinvestment rates mentioned in the question, the expected realized yield on this bond is approximately 10.61%.
Note: The calculations for yields involve complex financial formulas and require the use of financial calculators or spreadsheet software. The provided values are approximate and may vary slightly depending on the specific calculations performed.
To learn more about bond click here: brainly.com/question/31543868
#SPJ11
Assume Evco, Inc. has a current stock price of $47.13 and will pay a $2.20 dividend in one year; its equity cost of capital is 15%. What price must you expect Evco stock to sell for immediately after the firm pays the dividend in one year to justify its current price? We can expect Evco stock to sell for $ (Round to the nearest cent.) Laurel Enterprises expects earnings next year of $4.42 per share and has a 30% retention rate, which it plans to keep constant. Its equity cost of capital is 11%, which is also its expected return on new investment. Its earnings are expected to grow forever at a rate of 3.3% per year. If its next dividend is due in one year, what do you estimate the firm's current stock price to be? The current stock price will be $. (Round to the nearest cent.)
To justify the current price of Evco, Inc.'s stock, you must expect it to sell for approximately $49.93 immediately after the firm pays the dividend in one year. For Laurel Enterprises, the estimated current stock price is approximately $53.67.
(Evco, Inc.):
To determine the expected stock price immediately after the dividend is paid, we can use the Gordon Growth Model, which calculates the present value of future dividends.
The Gordon Growth Model formula is:
P0 = D1 / (k - g)
Where:
P0 = current stock price
D1 = expected dividend in one year
k = equity cost of capital
g = expected growth rate of dividends
In this case, the current stock price (P0) is given as $47.13, the expected dividend in one year (D1) is $2.20, and the equity cost of capital (k) is 15%. We need to solve for the expected growth rate of dividends (g).
$47.13 = $2.20 / (0.15 - g)
Solving for g:
g = 0.15 - ($2.20 / $47.13)
≈ 0.1046
Using the calculated growth rate (g), we can calculate the expected stock price immediately after the dividend is paid (P1).
P1 = D1 / (k - g)
= $2.20 / (0.15 - 0.1046)
≈ $49.93
Therefore, to justify the current price of Evco, Inc.'s stock, you must expect it to sell for approximately $49.93 immediately after the firm pays the dividend in one year.
(Laurel Enterprises):
To estimate the current stock price of Laurel Enterprises, we can use the Gordon Growth Model again.
The formula remains the same:
P0 = D1 / (k - g)
In this case, the expected earnings per share next year (D1) are given as $4.42, and the retention rate (b) is 30%, indicating a dividend payout ratio of 70%. The equity cost of capital (k) and the expected growth rate (g) are both 11% as provided. We need to solve for the current stock price (P0).
P0 = ($4.42 * 0.70) / (0.11 - 0.033)
≈ $53.67
Therefore, the estimated current stock price of Laurel Enterprises is approximately $53.67.
To justify the current price of Evco, Inc.'s stock, you must expect it to sell for approximately $49.93 immediately after the firm pays the dividend in one year. For Laurel Enterprises, the estimated current stock price is approximately $53.67. These calculations are based on the Gordon Growth Model, which takes into account the expected dividends, equity cost of capital, and growth rate of dividends. It's important to note that these estimates rely on assumptions and projections and may be subject to uncertainties and market conditions.
To know more about price ,visit:
https://brainly.com/question/27815322
#SPJ11
A TEAM IN TROUBLE Part Three This short case describes a situation that can often be found with student teams. Students on this team have different personalities, interests, skills, and goals. Your role is to be a coach for the team, helping them to resolve their conflict and become more effective. Answer these questions: 1. If all else fails what will be your alternative plan? 2. What course of action will you take if you can’t get all parties to cooperate? 3. Once you get all parties back on track and focused, what will be the final resolution? 4. What will be the follow-up plan?
If all else fails, the alternative plan could involve restructuring the team to better align personalities, skills, and goals.
If cooperation cannot be achieved, actions such as facilitating discussions, seeking mediation, or considering team member replacements may be necessary.
The final resolution would entail establishing clear goals, defining roles, promoting effective communication, and implementing a structured plan, with a follow-up plan for ongoing support and monitoring.
1. If all else fails, the alternative plan could be to restructure the team, reassigning roles or forming sub-teams based on compatible personalities, interests, skills, and goals. This could help create a more harmonious and productive working environment.
2. If all parties cannot cooperate despite efforts to resolve the conflict, the course of action could involve facilitating open and honest discussions, seeking mediation or professional help if necessary, or even considering the possibility of reorganizing the team altogether by replacing members who are unwilling to cooperate.
3. Once all parties are back on track and focused, the final resolution would involve establishing clear team goals and objectives, clarifying individual roles and responsibilities, fostering effective communication and collaboration, and implementing a structured plan or project management approach to guide the team's work.
4. The follow-up plan would include regular check-ins and progress assessments to ensure that the team remains on track, addressing any emerging issues promptly, providing ongoing support and guidance as needed, and fostering a positive team culture to sustain cooperation and productivity in the long term.
Learn more about effective communication here:-
https://brainly.com/question/26152499
#SPJ11
True/False statements about the General Ledger: 1. The general ledger contains all the asset and liability accounts but no owner's equity 1. accounts. 2. The general ledger is sometimes referred to as simply the ledger. 3. The accounts in the general ledger are arranged in alphabetical order. 4. Each account in the general ledger is numbered for easier identification. 5. The general ledger is a book of original entry. Instructions: Identify each statement as true or false. And correct false statements. a Question 3: True/False statements about Accounts: 1. An account is an accounting record of either a specific asset or a specific liability. 2. An account shows only increases, not decreases, in the item it relates to. 3. Some items, such as Cash and Accounts Receivable, are combined into one account. 4. An account has a left, or credit side, and a right, or debit side. 5. A simple form of an account consisting of just the account title, the left side, and the right side, is called a T account. Instructions: Identify each statement as true or false. And correct false statemen
The General Ledger is a central database that contains all of a company's financial transactions and account balances. It includes asset, liability, and owner's equity accounts, contrary to statement 1, which is false. The General Ledger is sometimes referred to as simply the ledger, as stated in statement 2, which is true.
Statement 3, which states that the accounts in the general ledger are arranged in alphabetical order, is false. While some companies may choose to organize their accounts alphabetically, most companies organize their accounts by account type or numerical order.
Statement 4 is true, as each account in the General Ledger is numbered for easier identification. This allows for easy reference when recording journal entries or generating financial statements.
Finally, statement 5, which suggests that the General Ledger is a book of original entry, is false. Transactions are first recorded in journals and then posted to the General Ledger.
Regarding Accounts, statement 1 is true, as an account represents a specific asset or liability. An account shows both increases and decreases in the item it relates to, making statement 2 false. Cash and Accounts Receivable are examples of separate accounts, making statement 3 false.
An account has a left or debit side and a right or credit side, making statement 4 false, as it states the opposite. Lastly, statement 5 is true, as a T account is a simple form of an account consisting of just the account title, the left side (debit), and the right side (credit).
learn more about General Ledger here
https://brainly.com/question/30164100
#SPJ11
Suppose that you are asked to analyze John Deere (NYSE: DE) to find its fundamental value. If your analysis concludes that DE's shares are worth $200 each. The market price is now $160. What is your recommendation and why?
Recommendation: Buy. The fundamental value of John Deere (NYSE: DE) shares is $200 per share, while the market price is $160, indicating potential undervaluation.
Based on the analysis that John Deere's fundamental value is determined to be $200 per share, and considering that the market price is currently $160, the recommendation would be to "buy" the shares.
The market price being lower than the fundamental value indicates that the stock is potentially undervalued. By purchasing the shares at a lower price, there is an opportunity for potential capital appreciation as the market recognizes the true value of the company. Additionally, the recommendation to buy aligns with the expectation that the market price will eventually converge towards the fundamental value.
It is important to note that investment decisions should consider additional factors such as risk tolerance, market conditions, and other relevant information before making any investment choices.
To learn more about capital appreciation, Visit:
https://brainly.com/question/30240665
#SPJ11
Select any one of the firms on the Forbes list and briefly
comment on its marketing in terms of 4Ps or 4 Cs and/or any other
aspect that you believe is unique.
One firm on the Forbes list that stands out in terms of its marketing strategy is Apple Inc.
Apple has successfully differentiated itself through its innovative product design, seamless user experience, and strong brand image. In terms of the 4Ps, Apple excels in product by offering a range of premium and cutting-edge devices such as iPhones, MacBooks, and iPads. Their marketing communication strategy focuses on creating a sense of exclusivity and desirability for their products. Apple's pricing strategy positions their products as high-end and premium, targeting a specific segment of consumers willing to pay a premium for quality and design. In terms of place, Apple has established a strong global retail presence and an online store to ensure accessibility and convenience for customers. Additionally, Apple's unique aspect lies in its ability to create a loyal and dedicated customer base that eagerly anticipates new product releases, generating a sense of excitement and anticipation.
#SPJ11
Learn more about Forbes here: https://brainly.com/question/14143090#
Hello, I need some help figuring out how to solve this problem for accounting. Please show work/steps taken to solve them. Thank you! I appreciate it. The year-end adjusted trial balance included the following account balances: Cash, $8,000; Equipment, $29,000; Accounts payable, $9,000; Common stock, $21,000; Retained earnings, $4,000; Dividends, $2,000; Service revenue,$19,000;Salaries expense,$7,000; and Utilities expense,$7,000. Prepare the post-closing trial balance, assuming closing entries have been posted to the respective accounts.
To prepare the post-closing trial balance, close the temporary accounts and transfer their balances to Retained Earnings. List remaining permanent accounts.
To prepare the post-closing trial balance, we need to exclude the temporary accounts (revenue, expense, and dividends) as they are closed at the end of the accounting period. Here are the steps to prepare the post-closing trial balance:
1. Start with the adjusted trial balance provided:
Account | Debit | Credit
------------------------------------------------
Cash | $8,000 |
Equipment | $29,000 |
Accounts payable | | $9,000
Common stock | | $21,000
Retained earnings | $4,000 |
Dividends | | $2,000
Service revenue | $19,000 |
Salaries expense | $7,000 |
Utilities expense | $7,000 |
2. Close the temporary accounts by transferring their balances to the retained earnings account:
- Debit the Service Revenue account for $19,000
- Credit the Salaries Expense account for $7,000
- Credit the Utilities Expense account for $7,000
- Debit the Dividends account for $2,000
- Transfer the net income to the Retained Earnings account:
Debit the Retained Earnings account for $19,000 - $7,000 - $7,000 - $2,000 = $3,000
3. Calculate the new balance in the Retained Earnings account:
Retained earnings balance: $4,000 + $3,000 = $7,000
4. Prepare the post-closing trial balance by listing the remaining accounts and their balances:
Account | Debit | Credit
------------------------------------------------
Cash | $8,000 |
Equipment | $29,000 |
Accounts payable | | $9,000
Common stock | | $21,000
Retained earnings | $7,000 |
The post-closing trial balance includes only the permanent accounts (assets, liabilities, and equity) and reflects the updated balances after closing the temporary accounts.
Learn more about post-closing trial balance here:
https://brainly.com/question/33710409
#SPJ11
Why is (or is not) Euro money in the United States?
What "backed" the US dollar after 1933?
What "backed" the US dollar after 1966?
The euro is not a currency in the United States because the country has its own currency, the US dollar.After 1933, the US dollar was backed by gold. After 1966, the US dollar was no longer backed by gold. Instead, it became a fiat currency.
The euro is not a currency in the United States because the country has its own currency, the US dollar. However, the US dollar can be used to purchase euros through currency exchange.
After 1933, the US dollar was backed by gold. This means that the government had a certain amount of gold to back up each dollar in circulation. This system was known as the gold standard and it was intended to provide stability and prevent inflation.
After 1966, the US dollar was no longer backed by gold. Instead, it became a fiat currency, which means that its value is not directly linked to any physical commodity. Instead, the government and the Federal Reserve use a variety of tools to regulate the supply and demand of dollars in order to maintain stability and prevent inflation.
To know more about fait currency : https://brainly.com/question/1760239
#SPJ11
Consider a firm whose dividend growth is expected to decline gradually. For the next two years, the growth is expected to be 20%. In the following years, it is expected to grow at 18%,13% and 10%. From year 6 onwards, dividends are expected to grow at 5% for perpetuity. Assume current dividend is $1 and the required rate of return is 10%. What is the current price?
To calculate the current price of a stock using the dividend discount model (DDM), we need to discount the future dividends back to the present value. The formula for the DDM is:
�
=
�
1
(
1
+
�
)
1
+
�
2
(
1
+
�
)
2
+
�
3
(
1
+
�
)
3
+
…
+
�
�
(
1
+
�
)
�
P=
(1+r)
1
D
1
+
(1+r)
2
D
2
+
(1+r)
3
D
3
+…+
(1+r)
n
D
n
Where:
P is the current price of the stock.
D1, D2, D3, ... Dn are the expected dividends for each period.
r is the required rate of return.
Given the information provided, we can calculate the current price as follows:
Year 1: Dividend = $1 * 1.20 = $1.20
Year 2: Dividend = $1.20 * 1.20 = $1.44
Year 3: Dividend = $1.44 * 1.18 = $1.69
Year 4: Dividend = $1.69 * 1.13 = $1.91
Year 5: Dividend = $1.91 * 1.10 = $2.10
From Year 6 onwards, the dividends grow at a constant rate of 5%.
Now we can calculate the present value of the dividends:
�
=
1.20
(
1
+
0.10
)
1
+
1.44
(
1
+
0.10
)
2
+
1.69
(
1
+
0.10
)
3
+
1.91
(
1
+
0.10
)
4
+
2.10
(
1
+
0.10
)
5
+
2.10
×
1.05
(
0.10
−
0.05
)
P=
(1+0.10)
1
1.20
+
(1+0.10)
2
1.44
+
(1+0.10)
3
1.69
+
(1+0.10)
4
1.91
+
(1+0.10)
5
2.10
+
(0.10−0.05)
2.10×1.05
Simplifying the equation:
�
=
1.20
1.10
+
1.44
1.1
0
2
+
1.69
1.1
0
3
+
1.91
1.1
0
4
+
2.10
1.1
0
5
+
2.10
×
1.05
0.05
P=
1.10
1.20
+
1.10
2
1.44
+
1.10
3
1.69
+
1.10
4
1.91
+
1.10
5
2.10
+
0.05
2.10×1.05
Calculating the values:
�
=
1.09
+
1.18
+
1.30
+
1.42
+
1.55
+
2.205
P=1.09+1.18+1.30+1.42+1.55+2.205
Summing up the values:
�
=
8.76
P=8.76
Therefore, the current price of the stock, based on the given information, is approximately $8.76.
To know more about dividend growth click this link-
https://brainly.com/question/18650705
#SPJ11
how do companies get away with providing misleading information in infomercials?
Companies may employ tactics such as puffery, fine print disclaimers, manipulative presentation techniques, and limited regulation to create a perception of misleading information in infomercials.
Companies may attempt to provide misleading information in infomercials through various means. They may use puffery, which involves making exaggerated or subjective claims that are difficult to prove or disprove. Fine print disclaimers can be included to downplay or contradict the claims made in the infomercial, often presented briefly or in small font size. Manipulative presentation techniques, such as emotional appeals, testimonials, and demonstrations, can create a positive perception of the product but may not provide a complete or accurate representation. Additionally, the regulation of infomercials can vary, and in some cases, the oversight may be limited, allowing companies to exploit loopholes and make misleading claims. It is crucial for consumers to critically evaluate the information presented and seek additional information to make informed decisions.
learn more about infomercials here:
https://brainly.com/question/30493630
#SPJ11
Given a saturated or unsaturated parcel of air, use the moist
and dry adiabatic lapse rates to determine the temperature of the
parcel if it is lifted to a given height. Using the environmental
lapse
The parcel temperature can be determined by using the moist and dry adiabatic lapse rates to determine the temperature of the parcel if it is lifted to a given height.
Using the environmental lapse rate, it can be determined if the parcel will rise, sink, or remain at its current position. The following is the process of determining the temperature of a lifted parcel of air: First and foremost, establish whether the parcel is unsaturated or saturated. Saturated parcels of air have a dew point temperature equal to the current temperature, while unsaturated parcels of air have dew point temperatures that are lower than the current temperature. If the parcel is unsaturated, the dry adiabatic lapse rate should be used to calculate its temperature. The dry adiabatic lapse rate is 9.8 °C/km or 5.4 °F/1000 feet. To find the temperature of the lifted parcel, subtract the dry adiabatic lapse rate from the initial temperature and then multiply it by the height it has been lifted (in kilometers) or the altitude it has been lifted (in feet). For instance, if the initial temperature was 28 °C and the parcel was lifted to 1.5 km, the parcel temperature will be 28 - (1.5 × 9.8) = 13 °C. If the parcel is saturated, the moist adiabatic lapse rate should be used to calculate its temperature. The moist adiabatic lapse rate varies depending on the dew point temperature of the parcel. At 10 °C, it is around 6 °C/km, while at 30 °C, it is around 2 °C/km. After calculating the saturation mixing ratio, use the moist adiabatic lapse rate to calculate the parcel's temperature by multiplying the lifted height (in kilometers) or altitude (in feet) by the moist adiabatic lapse rate and then adding it to the initial temperature.
Learn more about the Parcel temperature :
https://brainly.com/question/32737954
#SPJ11
Ane of the under-listed is true when the halance shect is usel to evplain the corperate finance finction (a) The assets sile of the tulance shest indicate the finarcimy decisions of the firm over the period under icricu (b) The liatelities side of the talance sheet repesents indicale only the financing decisions of the firm over the period under review (c) The liabilities side of the balance sheet repesents indicate both the financing and dividend decisions of the firm over the period under ieview (d) None of the abore
The correct answer is (d) None of the above.
The balance sheet represents the financial position of a firm at a specific point in time and includes both assets and liabilities. The assets side of the balance sheet represents the investments made by the firm, while the liabilities side represents the sources of financing for those investments.
While the balance sheet can give insight into the financing decisions of the firm, it does not exclusively represent these decisions. Dividend decisions, as well as other operational decisions that impact the value of assets or liabilities, will also be reflected on the balance sheet. Therefore, none of the statements provided accurately describe the role of the balance sheet in explaining the corporate finance function.
Know more about balance sheet here;
https://brainly.com/question/28446946
#SPJ11
an example of a tax qualified retirement plan would be
An example of a **tax-qualified retirement plan** would be a **401(k) plan**.
A 401(k) plan is a tax-qualified retirement plan offered by many employers in the United States. It allows employees to contribute a portion of their salary to the plan on a pre-tax basis, meaning that the contributions are deducted from their taxable income. The funds within the plan can grow tax-deferred until they are withdrawn during retirement.
One of the key advantages of a 401(k) plan is that contributions and investment earnings are not subject to income tax until they are withdrawn. Additionally, some employers may offer matching contributions, where they contribute a certain percentage of the employee's salary to the 401(k) plan, further enhancing retirement savings.
Tax-qualified retirement plans, such as 401(k) plans, are designed to encourage individuals to save for retirement by providing tax advantages. These plans typically have specific eligibility requirements, contribution limits, and rules governing the withdrawal of funds to ensure they are used for retirement purposes.
To learn more about tax
https://brainly.com/question/28798067
#SPJ11
in its most basic terms, a fiduciary relationship is one of
A fiduciary relationship is one of trust and confidence, where a person or entity (the fiduciary) is entrusted with the duty to act in the best interest of another person or entity (the beneficiary).
A fiduciary relationship is characterized by a higher level of responsibility and duty compared to ordinary relationships. The fiduciary must put the interests of the beneficiary before their own, exercise diligence, and act in good faith. This means making decisions that are in the best interest of the beneficiary and avoiding any conflicts of interest that could compromise the beneficiary's welfare.
The fiduciary's duty of care requires them to act with prudence, skill, and expertise in carrying out their responsibilities. They are expected to make informed decisions, provide accurate information, and act in a manner that a reasonable person in their position would do. Loyalty is another crucial aspect of a fiduciary relationship, requiring the fiduciary to act solely in the beneficiary's best interest, without allowing personal gain or outside influences to impact their decisions.
Overall, a fiduciary relationship is based on trust, confidence, and a heightened level of responsibility, where the fiduciary is legally and ethically bound to act in the best interest of the beneficiary.
Learn more about fiduciary relationship here:
https://brainly.com/question/13840999
#SPJ11
5) Under U.S. GAAP, which of the following would be included in income from continuing operations on the income statement? I. A large loss from a foreign currency transaction. 11. A union strike that
I. A large loss from a foreign currency transaction.
According to U.S. Generally Accepted Accounting Principles (GAAP), a large loss from a foreign currency transaction would be included in income from continuing operations on the income statement.
This is because such losses are considered part of the ongoing operations of the business and are not classified as extraordinary items or discontinued operations.
However, it is important to note that the information provided does not include option 11. Please provide further details or clarification regarding option 11 for a complete response.
appealing to socially conscious consumers and potentially leading to increased market share. overall, by integrating ethics training and fostering an ethics culture, firms can gain a strategic advantage by building trust, mitigating risks, attracting talent, and differentiating themselves in the market.
Learn more about business here:
https://brainly.com/question/15826604
#SPJ11
What factors are AD-AS model in economy idealised?And
idealization makes the AD-AS model not to consider what ?
The AD-AS model in the economy idealized several factors. The factors that are idealized are as follows: Factors that are idealized are the following:
The model presumes that there is a frictionless economy with an open economy and complete information. There are no government subsidies or taxes; however, there is a balanced budget for the government. The model also believes that the economy's productivity is fixed in the long term but can change in the short term. The economic equilibrium can be reached in both the long and short terms. There is no inflation and unemployment in the long term.
The model of AD-AS idealization fails to consider certain factors such as: In the long run, real GDP or aggregate supply is a vital determinant of a country's standard of living, whereas the AD-AS model does not consider the real GDP. In the AD-AS model, money supply has little effect on the economy's growth or recession, although in the actual economy, the money supply affects the economy.
To know more about economy visit :
https://brainly.com/question/18461883
#SPJ11
In the Ethiopian famine of 1972-74, which group of people suffered the most (starved to death)? The farmers who grew their crops. The city-dwellers in Addis Ababa who had government jobs. Elderly women all over the country. The pastoralists
In the Ethiopian famine of 1972-74, the farmers who grew their crops and the pastoralists were the groups that suffered the most and starved to death.
In the Ethiopian famine of 1972-74, the following groups of people suffered the most and starved to death:
1. Farmers who grew their crops: The famine was triggered by a combination of factors including drought and crop failure.
Farmers, who relied on their agricultural produce for sustenance, faced acute food shortages, leading to widespread starvation.
2. Pastoralists: Nomadic communities dependent on livestock were severely affected by the famine.
Drought-induced scarcity of grazing land and the loss of their animals due to lack of water and fodder resulted in extreme food insecurity and starvation.
3. City-dwellers in Addis Ababa who had government jobs: The urban population, particularly those employed in government positions, also suffered greatly during the famine.
The economic crisis and disruptions in the food supply chain led to food shortages and high prices, making it difficult for city-dwellers to access sufficient food.
To learn more about prices, visit:
https://brainly.com/question/33097741
#SPJ11
1. A mechanical device will cost $30,000 when purchased. Maintenance will cost $2,000 each year. The device will generate revenues of $5,000 each year for five years. At the end of the fifth year, the salvage value of the device is $6,500. Draw and simplify the cash flow diagram. Calculate: (a) the present value and (b) the equivalent annual cost of the cash flows using a discount rate of 12%.
Cash flow diagram: The given cash flows can be represented as follows: Time Period Cash Flows Year 0-30,000Year 1-2,000+5,000Year 2-2,000+5,000Year 3-2,000+5,000Year 4-2,000+5,000Year 5-2,000+5,000+6,500Now, we need to find the present value and equivalent annual cost of the cash flows using a discount rate of 12%.
Calculation of present value: We can calculate the present value of each cash flow by using the formula: PV = CF / (1 + r)n where PV = Present Value CF = Cash Flow r = Discount Rate n = Time Period Let's calculate the present value of each cash flow:
Year 0: PV = -30,000 / (1 + 0.12)0= -30,000 / 1= -30,000Year 1: PV = (5,000 - 2,000) / (1 + 0.12)1= 3,000 / 1.12= 2,678.57Year 2: PV = (5,000 - 2,000) / (1 + 0.12)2= 3,000 / 1.2544= 2,392.68Year 3: PV = (5,000 - 2,000) / (1 + 0.12)3= 3,000 / 1.4049= 2,136.55.
Year 4: PV = (5,000 - 2,000) / (1 + 0.12)4= 3,000 / 1.5735= 1,899.77Year 5: PV = (5,000 + 6,500 - 2,000) / (1 + 0.12)5= 9,500 / 1.7623= 5,399.58.
The present value of the cash flows is the sum of the present value of each cash flow. So, the present value of the cash flows is: P.V. = -30,000 + 2,678.57 + 2,392.68 + 2,136.55 + 1,899.77 + 5,399.58= -15,493.85 The present value of the cash flows is -$15,493.85. Calculation of equivalent annual cost:
We can use the formula given below to calculate the equivalent annual cost: EAC = (P.V. x r) / (1 - (1 + r)-n)where EAC = Equivalent Annual Cost r = Discount Rate P.V. = Present Value n = Time Period Let's calculate the equivalent annual cost: EAC = (-15,493.85 x 0.12) / (1 - (1 + 0.12)-5)= -1,935.71 / 0.4972= -3,891.85.
To know more about represented visit:
https://brainly.com/question/31291728
#SPJ11
1) The present value of the cash flows is $10,859.44.
2) where the discount rate is 12%, the number of years is 5,and the present value is $10,859.44. The equivalent annual cost of the cash flows is $3,144.14. See the cashflow table attached.
How is this so?1) First, note that the negative signs indicate cash outflows,and the positive signs indicate cash inflows.
2) The present value of the cash flows can be calculated using the following formula -
PV = ∑ (CFt / (1 + r)[tex]^{t}[/tex])
where -
PV = present value
CFt = cash flow in year t
r = discount rate
In this case, the discount rate is 12%. The cash flows are as follows -
Year 0 - -$30,000
Year 1 - -$2,000
Year 2 - -$2,000
Year 3 - -$2,000
Year 4 - -$2,000
Year 5 - $6,500
The present value of the cash flows is $10,859.44.
The equivalent annual cost (EAC) of the cash flows can be calculated using the following formula -
EAC = PV / (1 - (1 + r)ⁿ)
where:
EAC = equivalent annual cost
PV = present value
r = discount rate
n = number of years
In this case, the discount rate is 12%,the number of years is 5, and the present value is $10,859.44.
The equivalent annual cost of the cash flows is $3,144.14.
Learn more about present value at:
https://brainly.com/question/20813161
#SPJ4
What are the three important aspects that distinguish Islamic ethics from Western ethics b. Discuss five important contracts in Islamic banking.
Five important contracts in Islamic banking:
1) Murabaha:
This is a cost-plus financing contract. It involves a seller disclosing the cost and profit margin to the buyer, who agrees to purchase the item at an agreed-upon price. The buyer pays the amount in installments or on a deferred basis.
2) Musharakah:
This is a partnership or joint venture contract. It involves two or more parties contributing capital to a business venture, sharing profits and losses in accordance with their agreed-upon ratios. All parties have the right to participate in the management and decision-making process.
3) Mudarabah:
This is a profit-sharing contract between a capital provider (rab al-maal) and an entrepreneur or manager (mudarib). The capital provider provides the funds, while the entrepreneur manages the business. Profits are shared based on a pre-agreed ratio, while losses are borne solely by the capital provider.
4) Ijara:
This is a leasing contract where the lessor transfers the right to use an asset to the lessee for an agreed-upon rent. The ownership of the asset remains with the lessor. This contract is commonly used in Islamic finance for equipment financing, real estate, and vehicle leasing.
5) Sukuk:
Sukuk refers to Islamic bonds that represent ownership or beneficial ownership in an underlying asset or project. Sukuk holders receive periodic returns based on the performance of the asset or project. Sukuk provide an alternative investment instrument that complies with Islamic principles.
Learn more about banking here : brainly.com/question/32623313
#SPJ11
In the United States, a typical credit card interest rate ranges from ______ per year.
a .2% to .8%
b 2% to 8%
c 12% to 18%
d 22% to 28%
In the United States, a typical credit card interest rate ranges from c) 12% to 18% per year.
Credit card interest rates represent the annual percentage rate (APR) charged by credit card issuers on outstanding balances. The interest rate determines the cost of borrowing on the credit card and is expressed as a percentage of the total balance.
a) 0.2% to 0.8%: This range is significantly lower than the typical credit card interest rates in the United States. While there may be promotional or introductory rates that fall within this range, they are not representative of the standard interest rates applied to credit card balances.
b) 2% to 8%: This range is also lower than the typical credit card interest rates in the United States. Interest rates in this range are more commonly associated with other types of loans or financial products, such as personal loans or mortgages, rather than credit cards.
c) 12% to 18%: This is the most accurate range for typical credit card interest rates in the United States. Many credit card issuers set their standard interest rates within this range, although rates can vary depending on factors such as the individual's creditworthiness and the specific terms and conditions of the credit card agreement.
d) 22% to 28%: This range represents relatively high-interest rates and is typically associated with higher-risk credit cards or cards targeted toward individuals with lower credit scores. While some credit cards may have interest rates in this range, they are generally considered higher than the average or typical rates.
So, a typical credit card interest rate in the United States falls within the range of 12% to 18% per year.
Learn more about interest rates here:
https://brainly.com/question/31952246
#SPJ11
motor vehicles are examples of Sustainably Designed Products. WHY? Unless a vehicle has been totally destroyed, it has value such as resale to another individual or company or 2) for sale of reusable components or components that can be refurbished for sale and 3) recycling. Consider the number of Not-For-Profit Organizations who ask you to donate your vehicle to them and if you do, they will pick it up at no cost to you as well as give you a Certificate of Charitable Donation with a stated value.
Let’s follow a donation of a 2011 Honda CRV and see what applies. The Not-For-Profit pays a towing company $375.00 to pick up your vehicle and deliver it to an auction facility. Consider the following:
Part Name/Description
Resale Revenue per item
Likely Customer(s)
Front Door, Driver’s side
$250.00
Auto-body Shop
Front Door, Passenger’s side
$250.00
Auto-body Shop
Rear Door, Driver’s side
$200.00
Auto-body Shop
Rear Door, Passenger’s side
$200.00
Auto-body Shop
Front Seat, Driver’s side
$250.00
Auto-body Shop
Front Seat, Passenger’s side
$150.00
Auto-body Shop
Steering Wheel
$55.00
Auto-body Shop
Steering Wheel Column
$65.00
Refurbishing firm
Steering Wheel Rack
$75.00
Refurbishing firm
Alternator
$30.00
Refurbishing firm
Tire Rim, 4
$40.00
Auto-body Shop
Rear Deck Cover, Folding
$25.00
Auto-body Shop
Engine
$475.00
Auto-body Shop or Refurbishing firm
Frame
$950.00
Auto-body Shop
The balance of the vehicle can be recycled and has a recycling revenue of $330.00. The Processing Cost is $535.00 and the Disposal Cost is $230.00. The Sustainable Value of the vehicle is called the retrieval Revenue, RR, and is calculated by summing the Resale Revenue and the Recycling Revenue then subtracting the Process Cost and the Disposal Cost. What is the Retrieval Revenue of the 2011 Honda CRV in this example?
The Retrieval Revenue of the 2011 Honda CRV in this example is $2,325.
To calculate the Retrieval Revenue of the 2011 Honda CRV in this example, we need to follow the given information:
Resale Revenue per item:
- Front Door, Driver's side: $250.00
- Front Door, Passenger's side: $250.00
- Rear Door, Driver's side: $200.00
- Rear Door, Passenger's side: $200.00
- Front Seat, Driver's side: $250.00
- Front Seat, Passenger's side: $150.00
- Steering Wheel: $55.00
- Steering Wheel Column: $65.00
- Steering Wheel Rack: $75.00
- Alternator: $30.00
- Tire Rim, 4: $40.00
- Rear Deck Cover, Folding: $25.00
- Engine: $475.00
- Frame: $950.00
qRecycling Revenue: $330.00
Processing Cost: $535.00
Disposal Cost: $230.00
To calculate the Retrieval Revenue, we sum up the Resale Revenue and Recycling Revenue, then subtract the Processing Cost and Disposal Cost:
Retrieval Revenue = (Resale Revenue per item + Recycling Revenue) - (Processing Cost + Disposal Cost)
Retrieval Revenue = ($250 + $250 + $200 + $200 + $250 + $150 + $55 + $65 + $75 + $30 + $40 + $25 + $475 + $950) - ($535 + $230)
Retrieval Revenue = $3,090 - $765
Retrieval Revenue = $2,325
Learn more about Retrieval Revenue here:-
https://brainly.com/question/31265402
#SPJ11
Citing a source discuss one Competitive Advantage in relation to Apple company.
Competitive Advantage: Brand Reputation and Customer Loyalty
One significant competitive advantage of Apple is its strong brand reputation and customer loyalty. Apple has established itself as a leading brand in the technology industry, known for its innovative products, sleek design, and user-friendly interfaces.
This has resulted in a loyal customer base that is willing to pay a premium for Apple products and services. According to Forbes, Apple has consistently ranked among the most valuable brands in the world, indicating the strength of its brand reputation.
The Apple brand is associated with quality, reliability, and cutting-edge technology, which creates a sense of trust and confidence among consumers. This reputation gives Apple a competitive edge over its rivals, as customers often choose Apple products over alternatives due to their perception of higher value and superior user experience.
Apple's customer loyalty is fostered through a combination of factors, including its commitment to product excellence, seamless integration across devices and services, and a well-established ecosystem. Apple invests heavily in research and development to deliver innovative and high-quality products that meet the evolving needs and desires of its customers. Additionally, Apple's ecosystem, which includes devices like iPhone, iPad, Mac, and services like iCloud and Apple Music, creates a seamless user experience, making it easier for customers to stay within the Apple ecosystem.
In conclusion, Apple's competitive advantage lies in its strong brand reputation and customer loyalty. The company's ability to consistently deliver innovative and high-quality products, combined with its well-established ecosystem, has created a loyal customer base that sets Apple apart from its competitors. This advantage allows Apple to command premium prices and maintain a significant market share in the highly competitive technology industry.
Learn more about brand reputation here :
brainly.com/question/3492519
#SPJ11
The costs of materials consumed in producing good units in the Forming Department of Thomas Company were $5,250 and $13,120 for $ eptember and October, respectively. The number of equivalent units produced in September and October was 750 tons, and 1,640 tons, respectively. Evaluate the change in the cost of materials between the two months. Round all answers to the nearest whole cent. Energy cost per ton, September Energy cost per ton, October The cost of enerdy has appeared to
Given,The costs of materials consumed in producing good units in the Forming Department of Thomas Company were $5,250 and $13,120 for $ eptember and October, respectively. The number of equivalent units produced in September and October was 750 tons, and 1,640 tons, respectively.
To evaluate the change in the cost of materials between the two months, we can use the formula as follows: Total cost per month / Total equivalent units per month The cost of materials per ton in September can be calculated as Total cost for September / Equivalent units for September= 5250/750= $7 per ton Similarly,
the cost of materials per ton in October can be calculated as Total cost for October / Equivalent units for October= 13120/1640= $8 per ton Therefore, the cost of materials has increased from $7 per ton in September to $8 per ton in October.
To know more about Department visit:
https://brainly.com/question/23878499
#SPJ11
Z Space, Incorporated, is a new company and currently has negative eamings. The company's sales are $2.6 million and there are 240,000 shares outstanding. a. If the benchmark price-sales ratio for the company is 4.8, how much will you pay for the stock? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.9., 32.16. b. If the benchmark price-sales ratio for the company is 4.2, how much will you pay for the stock? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
Benchmark price-sales ratios, you would pay $0.22 for the stock in scenario (a) and $0.05 for the stock in scenario (b).
To calculate the price you would pay for the stock based on the benchmark price-sales ratio, you need to multiply the sales by the benchmark ratio and divide by the number of shares outstanding. Here are the calculations for the given scenarios:
a. Benchmark price-sales ratio = 4.8
Price = (Sales * Benchmark ratio) / Shares outstanding
Price = ($2,600,000 * 4.8) / 240,000
Price = $52,000 / 240,000
Price = $0.2167
b. Benchmark price-sales ratio = 4.2
Price = (Sales * Benchmark ratio) / Shares outstanding
Price = ($2,600,000 * 4.2) / 240,000
Price = $10,920,000 / 240,000
Price = $0.0455
To learn more about scenario
https://brainly.com/question/5408522
#SPJ11
The price elasticity of supply for lawn mowing services is 1.4. What does this imply? a. If the price of lawn mowing services decreases by 14%, then the quantity of lawn mowing services supplied to the market will decrease by 10%. b. If the price of lawn mowing services increases by 5%, then the quantity of lawn mowing services supplied to the market will increase by 7%. c. If the price of lawn mowing services increases by 1\%, then the quantity of lawn mowing services supplied to the market will decrease by 1.4%. d. If the price of lawn mowing services increases by 2%, then the quantity of lawn mowing services supplied to the market will increase by 1.4%. e. If the price of lawn mowing services increases by 1%, then the quantity of lawn mowing services supplied to the market will increase by 14%
The correct answer is If the price of lawn mowing services increases by 1%, then the quantity of lawn mowing services supplied to the market will decrease by 1.4%.
The price elasticity of supply measures the responsiveness of the quantity supplied to changes in the price of a product or service. A price elasticity of supply greater than 1 indicates that the supply of the product or service is elastic, meaning that changes in price have a proportionately larger effect on the quantity supplied.
In this case, the price elasticity of supply for lawn mowing services is given as 1.4. This means that for a 1% increase in the price of lawn mowing services, the quantity supplied will increase by 1.4%. Similarly, for a 1% decrease in price, the quantity supplied will decrease by 1.4%.
To determine the effect of a 2% increase in price on the quantity supplied, we can multiply the elasticity (1.4) by 2, resulting in 2.8%. Therefore, if the price of lawn mowing services increases by 2%, we can expect the quantity supplied to increase by 2.8%.
Therefore, the correct interpretation is that if the price of lawn mowing services increases by 2%, then the quantity of lawn mowing services supplied to the market will increase by 1.4%. Option d is the correct answer.
Know more about price elasticity here:
https://brainly.com/question/30161342
#SPJ11
Mr. W. Todd Woelfer has a brokerage margin account.
On October 11, 2021 he opened a short position on 500 common shares of Thor Industries, Inc. at $123.49 (per share). Thor Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe.
The initial margin requirement is 69%.
On October 15, 2021 value of Mr. W. Todd Woelfer's margin account is estimated by his brokerage company.
What is the value of margin account on October 15, 2021 when shares of Thor Industries are traded at $109.52 per share.
Mr. W. Todd Woelfer's margin account has lost money due to the decrease in the value of the short position.
The initial short position, the initial margin requirement, and the current share price can all be taken into consideration when determining the value of Mr. W. Todd Woelfer's margin account on October 15, 2021.
At a price of $123.49 per share, the initial short position was for 500 shares of Thor Industries. Because of this, the short position's initial value was $61,745.
The required initial margin is listed as 69 percent. As a result, Mr. Woelfer must keep at least 69% of the short position's value in his margin account. We divide the short position's initial value by the initial margin requirement to determine the initial margin: $61,745 * 0.69 = $42,580.05.
We must take into account the shares' current value in order to determine the margin account's value on October 15, 2021. The current market price for Thor Industries shares is $109.52. As a result, the short position's current value is $54,760, or 500 times $109.52.
We subtract the current short position value from the initial margin to determine the margin account's value: $42,580.05 - $54,760 = -$12,179.95.
The margin account will have a deficit of $12,179.95 on October 15, 2021, as indicated by the negative value. This indicates that the short position's decline in value has resulted in a loss of funds for Mr. W. Todd Woelfer's margin account.
To know more about Margin, visit
brainly.com/question/28180283
#SPJ11
Suppose that you just purchased a Baa rated $1000 annual coupon
bond with a 3.2 % coupon rate and a 17-year maturity. If the yield
to maturity on the bond is 5.023 %, how much did you pay?
To find out how much you paid for the bond, simply add the present values of the coupon payments and the face value: Total price = PV_coupon + PV_face_value
To calculate how much you paid for the bond, you can use the present value formula. The present value of a bond is the sum of the present values of its coupon payments and the present value of its face value at maturity.
First, let's calculate the present value of the coupon payments. The bond has a $1000 face value and a 3.2% coupon rate, so the annual coupon payment is $1000 * 3.2% = $32.
To find the present value of the coupon payments, we need to discount each coupon payment back to the present using the yield to maturity. The bond has a 17-year maturity, so there will be 17 coupon payments.
Using the present value formula, the present value of the coupon payments can be calculated as follows:
PV = C * (1 - (1 + r)^(-n)) / r
Where PV is the present value, C is the coupon payment, r is the yield to maturity, and n is the number of periods.
Plugging in the values, we get:
PV_coupon = $32 * (1 - (1 + 5.023%)^(-17)) / 5.023%
Next, let's calculate the present value of the face value at maturity. The face value is $1000, and we can discount it back to the present using the same yield to maturity.
Using the present value formula, the present value of the face value can be calculated as follows:
PV_face_value = $1000 / (1 + 5.023%)^17
Finally, to find out how much you paid for the bond, simply add the present values of the coupon payments and the face value:
Total price = PV_coupon + PV_face_value
Learn more about coupon payments here:-
https://brainly.com/question/29036738
#SPJ11
Assume that Masterwear bonds have a fair value of $729,000 and amortized cost of $652,000 as of December 31,2021 and is considered a Trading Security investment. Also assume that United sells the bond for $728,000 on January 5, 2022. Calculate the fair value adjustment recorded on January 5, 2022.
The fair value adjustment recorded on January 5, 2022, can be calculated by finding the difference between the selling price and the amortized cost of the bond as of December 31, 2021.
The fair value adjustment recorded on January 5, 2022, is -$76,000.
The fair value adjustment for a trading security is recorded to reflect changes in the fair value of the investment. In this case, the fair value adjustment is calculated as the difference between the selling price and the amortized cost.
Given:
Amortized cost as of December 31, 2021 = $652,000
Selling price on January 5, 2022 = $728,000
Fair value adjustment = Selling price - Amortized cost
Fair value adjustment = $728,000 - $652,000
Fair value adjustment = $76,000
However, since the fair value adjustment is a decrease in value, the negative sign is added to indicate a loss.
The fair value adjustment recorded on January 5, 2022, for the Masterwear bonds is -$76,000. This adjustment is necessary to reflect the change in the fair value of the bond from its amortized cost as of December 31, 2021. It indicates that the investment has decreased in value since the amortized cost date, resulting in a loss.
To know more about Selling Price, visit
https://brainly.com/question/28189871
#SPJ11
T/F: An asset's tax adjusted basis is usually less than its book adjusted basis
False. An asset's tax-adjusted basis is not necessarily less than its book-adjusted basis. The tax-adjusted basis and the book-adjusted basis can differ, but it is not a general rule that the tax-adjusted basis is always lower.
The book-adjusted basis refers to the value of an asset as recorded on a company's financial statements, typically calculated using accounting principles. On the other hand, the tax-adjusted basis is the value of the asset used for tax purposes, considering tax regulations and allowable deductions.
The tax-adjusted basis can be equal to or even higher than the book-adjusted basis in certain cases, depending on tax rules, depreciation, capital gains, and other factors that affect tax calculations.
Learn more about regulations here:
https://brainly.com/question/28606881
#SPJ11
