A. $200,000 is taxed if the current value is surrendered today.
Current value, an accounting method wherein property are priced consistent with their substitute fee in preference to their unique fees. present day yield, an estimate of the annual profits of an funding this is based on dividing the whole profits by way of the current charge.
The honest price of the stock is a subjective time period calculated using cutting-edge economic statements, marketplace function, and viable growth fee from a fixed of metrics. In assessment, the market cost is the current proportion fee at which the stock or asset is traded. honest value is the maximum used time period for valuing an asset.
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about+80%+of+all+wholesalers+are+__________.+they+typically+are+independent+companies+that+take+title+to+goods+that+they+resell+to+retailers.
About 80% of all wholesalers are merchant wholesalers They typically are independent companies that take title to goods that they resell to retailer.
Commercial wholesalers buy and sell goods on their own accounts. In other words, you take ownership of the items you sell. They typically operate from a warehouse or office location and may ship from their own inventory or arrange for goods to be shipped directly from the supplier to the customer.
There are generally two types of wholesalers: full-service wholesalers and limited-service wholesalers.
Wholesale means buying goods in bulk from a manufacturer at a discount, selling them to a retailer at a higher price, who repackages them and resells them in small quantities to consumers at a higher price.
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47. Indian economy is a mixed economy as it consists of both privately owned and
government owned business enterprises. Therefore, we can classify the Indian economy
into two sectors, viz, Private Sector and Public Sector. In a capitalistic economy, the
private sector is dominating, while in a socialistic economy, the public sector is
dominating. In a mixed economy, both the private sector and public sector go hand in
hand.
. In the light of the above paragraph explain Indian economy?
Yes, the Indian economy is a mixed economy which consists of two sectors viz, Private Sector and Public Sector.
What is the Indian economy?The economy of India is a mixed middle-income developing social market economy. It is the world's fifth-largest economy by nominal GDP and third-largest economy by purchasing power parity.The essential characteristics of developing economies are overpopulation, extreme poverty or below the poverty line, poor infrastructure, agriculture-based economies, slow pace of capital development, and low per capita income.The Indian economy is characterized by a low real per capita income rate, a high population growth rate, and a high degree of dependence on the primary industry. Covid 19 has had a negative impact on the Indian economy. The Covid pandemic has led to industry shutdowns and subsequent job losses.An economy is a system of interconnected production and consumption activities that ultimately determine the allocation of resources within a group. The production and consumption of goods and services as a whole meet the needs of the people who live and work there.to know more about the Indian economy refer to
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recently purchased 25,000 gallons of direct material at $5.60 per gallon. usage by the end of the period amounted to 23,000 gallons. if the standard cost is $6.00 per gallon and the company believes in computing variances at the earliest point possible, the direct-material price variance would be calculated as:
Per gallon and the company believes in computing variances at the earliest point possible, the direct-material price variance would be calculated as 9,200 F.
What does "standard cost" mean?The planned cost of a typical manufacturing process is the benchmark against which actual costs are measured. Of course, the initial standard costs will need to be estimated if a new good, service, or process is to be used.
How is the variance in the direct material price calculated?Calculate the product's usage rate. Find out how many or how much of the product your business used first.
Find the budgeted and actual costs.
Subtract the actual price of the materials per unit from the planned price.
Divide the outcome by the product's usage rate.
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charlie, being environmentally conscious, wanted to reduce the number of printed copies of his company's annual newsletter. therefore, he printed a few copies and kept them on the reception counter for the office guests to read. what format should he use instead, if he truly wants a green company?
Charlie should use online format instead, if he truly wants a green company. Companies that utilize green marketing emphasize how their goods or services are good for the environment.
What is the meaning of green company?A green business makes the assertion that its actions minimize harm to the environment. Many businesses are taking steps to become more environmentally conscious or "green" as global warming picks up speed and is discussed by world governments more frequently.
Improving brand reputation, consumer loyalty, and employee morale are less obvious advantages. Patagonia, Starbucks, Nike, IKEA, and Timberland are a few of the businesses that are renowned for having some of the best instances of green marketing.
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codes of ethics state the engineer's duties to society, to employers, to clients, to colleagues, to subordinates, and to the profession. however, when these duties conflict, which group should take precedence?
Codes of ethics outline the engineer's responsibilities to society, employers, clients, colleagues, subordinates, and the profession. When these duties collide, Society (the public) should take precedence.
Ethics, sometimes known as moral philosophy, is a discipline of philosophy that "involves systematizing, defending, and recommending conceptions of good and wrong action." Axiology is a branch of philosophy that includes the fields of ethics and aesthetics. Ethics aims to answer issues about human morality by defining notions such as good and evil, right and wrong, virtue and vice, justice and crime. Moral philosophy is related to moral psychology, descriptive ethics, and value theory as a subject of intellectual investigation.
Meta-ethics is concerned with the theoretical meaning and reference of moral ideas, as well as how their truth values can be assessed.
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Cnn projected __ competitive seats in the house and __ competitive seats in the senate.
CNN- Less than six weeks remain until Election Day, and campaigners are testing the viability of the 2022 election by flooding the airwaves in crucial areas with advertising about abortion, crime, and inflation.
President Joe Biden was initially the focus of the campaign, making him an obvious target for Republicans who needed to pick up only one additional seat to take control of the chamber's evenly divided chamber. Then, as Republicans battled to defend their support for an abortion verdict that the majority of the nation opposed, the US Supreme Court's decision in late June reversing Roe v. Wade allowed Democrats the chance to draw a contrast. The constant media attention given to former president Donald Trump provided Democrats with a new adversary.
However, the enthusiasm that some Democrats felt at the end of the summer, following Biden's legislative victories and the inspiring high court decision, has been slightly dampened by the much-anticipated tightening of some important races as political advertising ramps up on TV and voters tune in after Labor Day.
For all 435 House seats, CNN's Election Center uses pre-election race ratings from Inside Elections with Nathan L. Gonzales. All 435 members in the House are up for election every two years. Democrats held 220 of the 435 seats in the US House as of the election, while Republicans held 212 seats with three vacancies.
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Jim has created a nice property flyer for the James’ home. Jim should not use this flyer as what?
a. Handout at open houses
b. Substitute for advertising
c. Handout for other agents
d. Mailer for telephone inquiries
Jim has created a nice property flyer for the James' home. Jim should not use this flyer as they Substitute for advertising
The property flyer won't be used as a replacement for advertising; instead, factors like mailers and handouts can be used as property flyers. Advertisement that use platforms other than the usual media; examples of alternative advertising include signage on parking meters and grocery store shopping carts, as well as in-store video screens. There are four different sorts of advertising. Native advertising, mobile advertising, video advertising, display advertising, and more The Property Flyer is a one-page report that includes your preferred photo, key information about the property, a map, and your contact details. Choose the property value you want to show.
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You contributed $4,000 to your roth ira this year. If you are in the 15% marginal tax bracket, what will be the tax benefit you receive this year from your contribution?.
This year, you made a $4,000 contribution to your Roth IRA. if you fall within the 15% tax level. Your contribution has no tax benefit for you this year.
Define the term Roth IRA?The Individual Retirement Account (IRA) that accepts after-tax contributions is known as a Roth IRA.
Your contributions and gains can grow tax-free, allowing you to withdraw these tax- and penalty-free after reaching the age of 5912 and five years after the account's opening, even though there are no benefits for the current tax year.
A Roth IRA also has the following additional benefits:
No restrictions on contribution age. If you have an eligible earned income, you may contribute at any age.No Minimum Distributions Required (RMDs). Because there are no required withdrawals, your funds can keep growing even beyond retirement.Taxes are not due on inherited Roth IRAs. Your heirs' withdrawals from your Roth IRA will not be subject to income tax if you leave it to them.This year, you made a $4,000 contribution to your Roth IRA. if you fall within the 15% as marginal tax bracket.
Since Roth retirement plans do not provide a tax benefit from the year of contribution, the tax benefit from your contribution this year is zero.
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A firm's information systems can influence the likelihood of partnering with other firms and its attractiveness as a merger or acquisition target.
a. True
b. False
True. The information systems of a company can influence its likelihood of collaborating with other companies as well as its attractiveness as a merger or acquisition target.
Information is a broad concept that refers to anything with the ability to inform. At its most basic, information is the interpretation of what can be sensed. Any natural process that is not fully random, as well as any observable pattern in any medium, can be said to communicate some degree of information. Whereas digital signals and other data employ discrete signs to express information, other phenomena and artifacts such as analog signals, poems, photographs, music or other sounds, and currents convey information in a more continuous manner. Information is not knowledge in and of itself, but the meaning that may be gained from a representation through interpretation.
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suppose that hiring a third worker at the campus coffee shop increases output from $150 per hour to $210 per hour. what is the marginal product of labor per hour from adding that third worker?
The marginal product of labor per hour from adding that third worker would be $60 per hour.
The marginal product of labor (MPL) is a company's increase in total production when one additional unit of labor is added (in most cases, one additional employee) and all other factors of production remain constant.
How to calculate marginal product of labor?
Marginal of product formula =
Change in production output / change in input labor
Now let's use the formula to calculate campus coffee shop's marginal product of labor
change in production output = $210 - $150 = $60
Change in input labor = 3-2 = 1
= 60 / 1
= $60 per hour.
So, the marginal product of labor per hour by adding third worker would be $60 per hour.
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6. Hope's contribution to her RETIREMENT plan...
Based on Hope's check, her contribution to her RETIREMENT is pre-tax and therefore not included in federal income taxes.
What does the check say?
The check notes that Hope's retirement contribution is not included in her federal taxable income.
This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.
Federal income taxes- There are seven federal tax brackets for the 2022 tax year: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. Your filing status and taxable income determine your tax bracket.
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bob has very strong opinions about the tuition increase at his university. however, once he is the student representative for the college board, he develops a more favorable attitude about the tuition increase. which theory best explains why?
Cognitive dissonance theory. The psychological discomfort known as cognitive dissonance results from a conflict between an attitude and conduct, such as eating a doughnut while planning to cut calories.
Two cognitions can be relevant or irrelevant to one another, according to the hypothesis (Festinger, 1957). These thoughts may relate to actions, perceptions, attitudes, feelings, and beliefs. One of the cognitions that are in doubt frequently relates to our conduct. According to the cognitive dissonance theory, when a person's action conflicts with his or her opinions and beliefs, an underlying psychological tension results. An individual is thus motivated to adjust their attitude in order to achieve consistency between their beliefs and behaviors as a result of this underlying tension. The cognitions may agree (be consistent) or disagree (be inconsistent) with one another if they are pertinent (Festinger, 1957). (Harmon-Jones, 2019).When there is cognitive dissonance, people become motivated to lessen it (Festinger, 1957). The larger the disparity between thoughts, the more driven one is to narrow it (Festinger, 1957). so the theory is called cognitive dissonance theory
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cash donations to public charities are limited to % of a taxpayer's agi. donations of capital gain property to public charities are generally limited to
In most cases, the amount of charitable money contributions taxpayers can deduct on Schedule A as an itemized deduction is limited to a share (usually 60 percent) of the taxpayer's adjusted gross profits (AGI).
Qualified contributions are no longer issue to this limitation.
What is the maximum money charitable contributions?Usually, individual itemizers are allowed to deduct up to 60% of their adjusted gross incomes (AGI) for cash donations to qualified charities. However, in 2021, they normally can deduct cash contributions equal to a hundred percent of their AGI.
Is there a restrict on charitable donations for 2022?2022 deduction limits for gifts to public charities, together with donor-advised funds, are 30% of adjusted gross income (AGI) for contributions of non-cash assets, if the property were held extra than one year, and 60% of AGI for contributions of cash.
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https://brainly.com/question/29464508#SPJ47) When buyers in a market have market power, then the A) Product price is higher B) Number of sellers rises c) Number of sellers falls D) Product price is lower
When buyers in a market have market power, then the A) Product price is higher D) Product price is lower.
How does market power impact how much a thing costs?
Market or monopoly power is the capacity of a firm (or collection of firms) to increase and maintain prices above the level that would prevail under competition. When market power is used, output is decreased and economic welfare is lost.
Market power often increases as market concentration does, at least in moderately and highly concentrated businesses. The appropriate benchmarks for the merger standards are mostly determined by the Herfindahl-Hirschman Index (HHI) of market concentration.
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A known liability arises from a situation with little uncertainty, with set agreements, contracts, or laws. These liabilities are measurable. Known liabilities would include all of the following items, except:_____.
a. warranties.
b. notes payable.
c. accounts payable.
d. payroll obligations.
e. unearned fees.
A known liability arises from a situation with little uncertainty, with set agreements, contracts, or laws. These liabilities are measurable. Known liabilities would include all of the following items, except:a. warranties.
Liability is a term in accounting that is used to explain any kind of financial responsibility that a business has to pay on the end of an accounting duration to a person or a commercial enterprise. Liabilities are settled by using moving monetary blessings such as money, goods or services.
Liabilities are any money owed your business enterprise has, whether it is financial institution loans, mortgages, unpaid payments, IOUs, or every other amount of money which you owe someone else. in case you've promised to pay someone a amount of cash in the destiny and have not paid them yet, it truly is a liability.
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In calculating cash flows from operating activities using the indirect method, a gain on the sale of equipment is?.
In calculating cash flows from operating activities using the indirect method, a gain on the sale of equipment is deducted from net income.
The indirect method is used to calculate the cash used or provided by operating activities. The amount is computed differently than in the direct method, but the net result is the same regardless of which method is used.
In the Investing Activities section, we must deduct the accounting gain from net income and add the proceeds from the sale. Because a gain increases net income but does not result in cash, it must be deducted from net income when converting to a cash basis from operating activities. A loss reduces net income, but because actual cash is not paid out, it must be added back in.
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Are the Black Friday deals really that good?
Black Friday is a good deal, but not every deal will be a good one. It means that simply because an item is on sale doesn't guarantee that it's the best deal.
The day after the American Thanksgiving holiday, known as Black Friday, has historically been a holiday in and of itself for many workers. It is generally a day full of lots with exclusive sales and special deals and is considered as the start of the Christmas shopping season.
Black Friday is celebrated on Friday in the fourth week of November. This year, Black Friday is celebrated on November 25th, 2020. After Thanksgiving day on thursday, November 24th, 2022.
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an age structure diagram plots the number or percentage of ________.
An age structure diagram plots the number or percentage of the economic status of reproductive males and females
Income can be measured in a number of ways, including family income, asset valuations, and subjective assessments of economic pressures. At the neighborhood and community level, federal poverty thresholds, supplemental poverty indicators, and poverty indicators are It can be assessed locally. level.
Social class is a marker of one's position within society in terms of socioeconomic status. Socioeconomic status is usually defined by a combination of economic income and educational and occupational level.
People with high SES have access to more health knowledge, better housing and nutrition, and better health care (Adler & Snibbe, 2003). Many people with low SES are exposed to greater environmental hazards through their homes. H. Leading or by their work, d. H. Poisonous gas (APA, 2007).
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most firms spend 70 to 80 percent of their information systems (is) budgets just to keep their systems running.
a. true
b. false
"Most firms spend 70 to 80 percent of their information systems (is) budgets just to keep their systems running."This statement is True.
Information is an important stimulus for the recipient in some contexts. When information is entered and stored on a computer, it is commonly referred to as data.
: After processing such as formatting and printing, the output can be recognized as information again. It is a data set that organizes useful information in the human decision-making process so that mankind can use it directly. Examples: time sheets, productivity lists, report cards, covers, printed documents, pay stubs, receipts, reports, etc.Learn more about the information here: https://brainly.com/question/24858866
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a florist is buying a number of motorcycles to expand its delivery service. these will cost $82,880 but are expected to increase profits by $3,664 per month over the next four years. what is the payback period in months? (round your answer to two decimal places)
The payback period will be of 22 months, that is, 1 year and 8 months.
Given that the motorcycles cost $82880in total and that using them will boost monthly profits by $3,664per month, the payback period will be calculated as follows:
Motorcycles will report an additional $3664 per year if their annual revenue is 3664 x 12 = 43,968.
To calculate the total time it will take for the investment to pay off, we must divide the total amount invested by the additional annual income:
82,880/ 43,968 =1.88
In order to calculate the number of months it will take for the investment to recover because 1.88 is calculated in decimals and years have 12 months, we must multiply the result by 12.
1.88 x 12 = 22.62
Hence The payback time is 22 months, which is one year and eight months.
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The process of __________ _________ is an application of environmental scanning in which the firm recognizes markets by using analysis of the environmental forces active in markets to eliminate the undesirable markets.
The process of market screening is an application of environmental scanning in which the firm recognizes markets by using analysis of the environmental forces active in markets to eliminate the undesirable markets.
What is market screening?
A method for evaluating markets based on how well they align with the company's core capabilities and strategic goals.
Why is market analysis crucial?
In order for businesses to start comparing and contrasting potential markets based on key criteria of interest, grouping techniques are frequently used during the screening stage. The overarching goal is to screen out or eliminate markets that do not satisfy a set of requirements set forth by the company.The market screening process has four steps-
Identification of basic appeal of a market.Assessment of the national business environment.Measure market or site potential.Select the market or site.Learn more about market screening
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Warnerwoods company uses a perpetual inventory system. It entered into the following purchases and sales transactions for march.
Inventory is a term used to describe products that a corporation has purchased from a third party or produced internally and will sell in order to make money. Depending on the type of inventory management mechanism used, the cost moved to the income statement at the sale may vary.
According to the perpetual inventory system, stock levels rise and fall as products are bought and sold. The earliest costs for products sold were applied under the FIFO technique of inventory management. Because the costs used are probably the lowest costs compared to current cost levels, the inventory technique generates the highest inventory value and largest gross margins. The most recent costs for items sold are used when managing inventory using the LIFO method. Because the expenses used are probably higher than previous cost levels, the inventory technique results in the lowest inventory value and lowest gross margins. For each buy and sale that takes place, the weighted average technique of inventory management reevaluates the costs in the inventory pool. In comparison to other approaches, inventory levels and gross margins are more stable since they take into account cost changes both positive and negative. The precise units bought at a specific moment are used in the specific identification method.
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COMPLETE QUESTION:
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. (For specific identification, the March 9 sale consisted of 80 units from the beginning inventory and 340 units from the March 5 purchase; the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase.)
Date Activities Units Acquired at Cost Units Sold at Retail
Mar, 1 Beginning inventory 100 units $50.00 per unit
Mar, 5 Purchase 400 units for $55.00 per unit
Mar, 9 Sales 420 units $85.00 per unit
Mar, 18 Purchase 120 units for $60.00 per unit
Mar, 25 Purchase 200 units for $62.00 per unit
Mar. 29 Sales 160 units $95.00 per unit
Totals 820 units 580 units
Required:
a. Compute the cost of goods available for sale and the number of units available for sale.
b. Compute the number of units in ending inventory.
c. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification.
d. Compute gross profit earned by the company for each of the four costing methods in part 3.
the correct journal entry for the collection of a note receivable includes a . assume the collection of interest is recorded separately. (select all that apply.) multiple select question. debit to notes receivable debit to cash credit to notes payable credit to notes receivable debit to notes payable credit to cash
The correct journal entry for the collection of a note receivable includes a debit to notes receivable, a debit to cash, and a credit to notes payable.
The journal entry:Assuming the collection of interest is recorded separately, the correct journal entry for the collection of a note receivable would include a debit to notes receivable, a debit to cash, and a credit to notes payable.
This entry would be made when the note receivable, which is essentially a promissory note, is collected in full by the borrower. The journal entry would be made to reflect the fact that the note has been paid in full and that the borrower no longer owes any money on the note.
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sales on account (all are collectible) amounted to $560,000 during 2022. accounts receivable were $112,000 on january 1, 2022 and $98,000 on december 31, 2022. how much cash was collected from customers during the year ended december 31, 2022?
On January 1st, 2022, accounts receivable were $112,000, and on December 31st, 2022, they were $98,000. Customers provided $574,000 in cash during the fiscal year that concluded on December 31, 2022.
What is an account receivable?The balance of money owed to a business for goods or services delivered or utilized but not yet paid for by clients is known as accounts receivable (AR). On the balance sheet, accounts receivable are shown as a current asset. Any sum of money that clients owe for purchases they made using credit is known as AR.
The term "accounts receivable" describes the unpaid bills or cash that customers owe a business. The term describes accounts that a company is entitled to get since it has provided a good or service.
Receivables, also known as accounts receivable, are a company's line of credit that typically have terms that call for payments to be made within a reasonably short time frame. A few days to a fiscal or calendar year are usually included.
Calculation:
This formula should be used in order for us to calculate how much money was received in 2022:
Cash collected equals the sum of original sales on receivables plus account-ending receivables in the formula.
Money received for the year 2022 = $112,000 + $560,000 - $98,000 = $574,000
The total cost is therefore $574,000.
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compare the after-tax returns for a corporation that invests in preferred stock with a 12% dividend yield versus a common stock with no dividend but a 16% capital gain. the corporation's tax rate is 21%. the: multiple choice common stock returns 2.32% less than the preferred. common stock returns 2.60% less than the preferred. preferred stock returns 1.90% less than the common. returns are equal on an after-tax basis.
The corporation's tax rate is 35%. The preferred stock returns 1.90% more than the common
A different kind of equity known as preferred stock gives investors ownership in a firm and the right to receive income from that company's operations. In comparison to common stockholders, preferred stockholders have a stronger entitlement to distributions (such as dividends). In terms of corporate governance, preferred stockholders typically have no or few voting rights.
Preferred stocks provide a company with an alternative source of funding, such as pension-led funding. In some circumstances, a company can delay dividend payments by falling behind on payments with little penalty or risk to its credit rating, but such a move may make it more difficult for the company to meet the terms of its financing agreement.
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1-comment on what the u.s. embargo on cuba meant to the country itself and what it meant to u.s. companies. what does the recent announcement by president obama that restrictions would be eased imply for the country?
The strength of US business interests, even the communists need to make a benefit. English organization Imperial Tobacco, which exchanges on the London stock trade under the ticker IMT.
IMT, has elite rights to disseminate Cuban stogies overall by means of a tangled web of corporate elements that incorporates half responsibility for Habanos, the Cuban government's tobacco organization. Habanos, as it is known in Cuba, controls its image by going into constrained and deliberately controlled dispersion assentions in every nation in which it works together. On the off chance that you illuminate a Cuban stogie anyplace on the planet, a part of the benefits streams back to Imperial Tobacco. At the point when Castro assumed control, rum producers including Bacardi Limited and Jose Arechabala S.A. were tossed out of the nation.
Cuba being a developing country faces a number of risks that makes it prone to being bankrupt, this political risks are found in various areas of their political system, these are:
The economic reforms are needed to be discussed with proper intelligence as this can cause a major downfall in their developments. this can also affect the taxation on the companies and business in the country. The foreign relations also faces a huge risks of falling apart, no nations would like to hold depts with a developing nation, this can make Cuba a bankrupt nation thus also affecting the companies being trying to evolve in the market, financial health: this requires the country to be more effective on their tourism sector, there should be signs of a good financial health, for instance, there should be signs to a good sustainability in the tourism sector and signs of increased foreign investments.
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are expenditures that make a plant asset more efficient or productive, but do not always increase an asset's useful life. multiple choice question. revenue expenditures extraordinary repairs betterments ordinary repairs
The betterments are expenditures that make a plant asset more efficient or productive.
Betterments or improvement expenditure often involve adding a component to an asset or replacing one of its old component with a better one and does not always increase an useful life.
The useful life of identical assets varies by user and that life depends on the asset's age, frequency of use, condition of the business environment and repair policy. The Costs incurred to increase the operating efficiency or useful life of a plant asset are referred to as capital expenditure.
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If a firm's beta was calculated as 1. 35 in a regression equation, a commonly-used adjustment technique would provide an adjusted beta of:.
The adjusted beta is an estimate of a security's future beta.
It makes use of the historic information of the stock, however assumes that a security's beta moves toward the market average over time. It weights the historic uncooked beta and the market beta. The formula is as follows: Adjusted beta = (.67) * Raw beta + (.33) * 1.0.
What is Fundamental Beta?Beta is the dimension of expected return between a stock and the market. Normally we expect that the past is going to signify the future and therefore historic betas are calculated the usage of only historical returns volatility.
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https://brainly.com/question/17057988#SPJ4a perfectly competitive industry is said to be efficient because the?
The fact that the industry's output has a low average total cost of production is evidence that the industry is efficient.
How effective is perfect competition?
Yes. This efficiency is achieved because a perfectly competitive business produces the same amount of output at the highest possible profit and at the same marginal cost.
Perfect competition has three main characteristics:
(1) no one company has a large share of the market,
(2) the output of the industry is standardized, and
(3) there is freedom to enter and exit. In a perfect competition, the efficient market equilibrium is when marginal cost and marginal revenue are equal.
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based on the constant demand assumption in the economic order quantity (eoq) model, the average cycle inventory is:
On the constant demand assumption in the economic order quantity (EOQ) model, the average cycle inventory is referred as half of the order quantity.
The economic order quantity (EOQ) model's continuous demand assumption enables there to be a minimum quantity of items any company should buy in order to help reduce various costs incurred by this system. The average cycle inventory is half of the order quantity according to the economic order quantity (EOQ) model's constant demand assumption. The economic order quantity is the ideal order quantity that a company should place to minimize its inventory expenditures, including holding costs, shortage costs, and order fees (EOQ). Inventory management, which is the control of the ordering, holding, and use of a company's inventory, is required to use EOQ. Inventory management is entrusted with figuring out how many units a business should add to its stock with each batch order in order to lower the overall cost of its stock.
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