For the purposes of the employer shared responsibility requirements, a full-time employee is one who works 130 hours or more per month, or at least 30 hours per week, on average.
According to the monthly assessment approach, the employer assesses each month if an employee has at least 130 hours of service in order to determine whether they are a full-time worker.
According to the look-back measurement approach, an employer may decide whether a worker qualifies as a full-time employee during the stability period based on the worker's service hours in the previous period, also known as the measurement period. For the purposes of determining ALE status, the look-back measurement method may not be utilized to assess whether a person is a full-time employee.
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Imhoff Company leases a new building from Noble Construction, Inc. The present value of the lease payments is $700,000. The lease is a finance lease. Prepare the journal entry that the lessee should make to record this transaction.
Imhoff Company leases a new building from Noble Construction, Inc. The present value of the lease payments is given $700,000.
The journal entry for the following data will be given:
Dr- right-of-use asset | $700,000 (debit side)
Cr- lease liability | $700,000 (credit side)
When engaging in the finance lease, the business would have to account for both the lease debt and the lease as an asset (right-of-use asset) (present value of lease obligations owed to the lessor).
As a result, $700,000 would be deducted from the right-of-use asset and charged to the lease liabilities.
A journal entry is an act of recording any transaction, whether it is economic or not. An accounting diary that displays the debit and credit balances of a corporation lists transactions. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.
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Increases in government subsidies to encourage investment in research and development will affect aggregate demand (AD) and long-run aggregate supply (LRAS) in which of the following ways?
A
ADLRASIncreaseIncrease
B
ADLRASIncreaseDecrease
C
ADLRASIncreaseNo change
D
ADLRASDecreaseIncrease
E
ADLRASDecreaseNo changeA
ADLRASIncreaseIncrease
Increases in government subsidies to encourage investment in research and development will affect aggregate demand (AD) and long-run aggregate supply (LRAS) in A. ADLRASIncreaseIncrease ways.
government . noun. the exercise of political authority over the movements, affairs, and so on, of a political unit, human beings, and so forth, in addition to the overall performance of sure capabilities for this unit or frame; the action of governing; political rule and administration. a central authority is the system to govern a state or community.
The Columbia Encyclopedia defines authorities as "a device of social control beneath which the right to make legal guidelines, and the proper to enforce them, is vested in a particular group in society". a government is an institution via which leaders exercising electricity to make and enforce legal guidelines. a central authority's simple capabilities are imparting management, retaining order, providing public offerings, providing country wide security, imparting financial security, and imparting monetary assistance.
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An employer is on the verge of bankruptcy. To save money, the employer decides to cancel its workers compensation plan. Which of the following is true?
A) If the business meets the state's definition of small employer, then workers compensation coverage is not necessary anyway
B) This business may be closed under a cease and desist order issued by the Department of Industrial Relations
C) Assuming that the business really is on the verge of bankruptcy, it could appeal to the State Insurance Department for exempt status
D) The business is not required to maintain workers compensation insurance, provided that the employees are notified 90 days before policy cancellation
To save money, the employer decides to cancel its workers compensation plan. The true statement is that This business may be closed under a cease and desist order issued by the Department of Industrial Relations. Option B
What is meant by bankruptcy?
A person or business may file for bankruptcy if they are unable to pay their debts or other commitments. A petition is filed, either on behalf of the debtor, which is more often, or on behalf of creditors, which is less frequent, to start the bankruptcy process.
An organization files for bankruptcy when it is unable to pay its creditors or honor its financial commitments. All of the company's outstanding debts are calculated and paid off, if not entirely, from the company's assets, according to a petition that has been filed with the court.
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section 3 of article iv of the constitution prescribes the methodology for the admission of new states into the union.
The Congress shall have Power to dispose of and make all needful Rules and Regulations respecting the Territory or other Property belonging to the United States.
Congress shall have power to direct and enact necessary rules and regulations relating to the territories or other property of the United States. Nor shall anything in this Constitution be construed to prejudice the claims of the United States or any particular state.
The United States Senate is composed of her two senators from each state, elected by Congress for six-year terms. And each senator has one vote.
The United States of America guarantees a republican form of government to all states within this Commonwealth and protects each of them from invasion. Oppose domestic violence at the request of Congress or the executive branch (if Congress cannot convene).
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a company has developed a keyboard that is virtually indestructible. it is trying to decide how to get its product into the hands of people like to use their computers while they eat lunch. the company is concerned with the strategy.
A company has developed a keyboard that is virtually indestructible. it is trying to decide how to get its product into the hands of people like to use their computers while they eat lunch a business produces keyboards for laptops and desktop computers. The correct response is A. outsourcing.
The corporation has 3000 keys, the laptop keyboard has 90 keys, and the desktop keyboard has 105 keys. The amount of desktop keyboards the corporation must produce is two times that of laptop keyboards to what extent can the company produce.
Each type, we need to determine. Assume that the business can manufacture both x desktop and y laptop keyboards."The business can manufacture x desktop keyboards and y laptop keyboards. The desktop keyboard has 105 keys the 90 keys on the laptop keyboard" The business has 3,000 keys.
complete question:
A company has developed a keyboard that is virtually indestructible. it is trying to decide how to get its product into the hands of people like to use their computers while they eat lunch. the company is concerned with the strategy.
A. Outsourcing
B. Virtualization
C. Paas
D. Iaas
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If the required reserve ratio is 10 percent, what is the monetary multiplier? If the monetary multiplier is 4, what is the required reserve ratio?
The money multiplier at 10 percent required ratio is 10.
The required reserve ratio is 0.25 when the money multiplier is 4.
If the required reserve ratio is 10 percent, the monetary multiplier is 10. If the monetary multiplier is 4, the required reserve ratio is 25%.
Required Reserve ratio (RR), also called the Cash Reserve ratio, refers to the percentage of deposits which commercial banks are required to keep as cash as per the directions of the central bank. The money multiplier (MM) refers to the factor by which an increase in the quantity of money will have on the money supply. It is equal to one divided by the required reserves ratio. It is given by: MM = 1/RR
If RR = 10% or 0.1, then
MM = 1/0.1 = 10
If MM = 4,
RR = 1/MM = ¼ = 0.25 or 25%.
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2.5 points time remaining 29 minutes 51 seconds00:29:51 item 1 time remaining 29 minutes 51 seconds00:29:51 the work of internal auditors is primarily for the benefit of shareholders and potential investors.
True, the work of internal auditors is primarily for the benefit of shareholders and potential investors.
The initial internal auditors were mostly focused on accounting and financial operations. Internal auditing has been more popular after the adoption of the Foreign Corrupt Practices Act. By applying a methodical, disciplined approach to assess and enhance the efficacy of risk management, control, and governance procedures, internal auditing aids a business in achieving its goals. An internal audit's responsibility is to guarantee the efficiency of a company's risk management, governance, and internal control systems.
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hich of the following pricing techniques is most appropriate when developing targeting strategies based on the 80/20 rule observed in few industries?
Pricing techniques are most appropriate when developing 80% of your sales volume is generated by 20% of your customers. 80% of your revenues are generated by 20% of your products. 80% of your complaints come from 20% of your customers.
Developing hell, developer purgatory, and developer limbo are media and software industry jargon for a project, concept, or idea that remains in development for a particularly long time, often moving between different crews, scripts, game engines, or studios before progressing to production, if at all sometimes it will. Projects in development hell generally have very ambitious goals that may or may not be underestimated at the design stage, and are delayed in trying to meet those goals to a high degree. Production hell refers to when a film has entered production but remained in that state for a long period of time without progressing to shipment.
The term can also generally refer to any project that unexpectedly floundered in the planning or construction stages rather than being completed on time or otherwise deviating from the original on-time expected completion date for the customer.
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Which of the following features is common to both perfectly competitive markets and
monopolistically competitive markets?
a. Firms produce homogeneous goods
b. There is free entry
c. Long run profits are zero
d. There is free entry and long run profits are zero d. There is free entry and long run profits are zero
Of the following characteristics, both perfectly competitive markets and monopolistically competitive markets share free entry and zero long-term profitability.
In economics, the term "competitive market" describes a market where there are many buyers and sellers and where no one buyer or seller has a significant impact on the market. Competitive markets have many buyers and sellers, few entry barriers, and uniform products. When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals. Grocery stores: Due to the enormous number of businesses that sell many of the same products but with different branding and marketing, grocery stores operate in a monopolistic market.
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Penelope wants to open a chain of Yoga studios but does not have the funds to do so. Penelope has not had any luck attracting large investors, so her friend suggests she try crowdfunding. Crowdfunding is a cooperative activity in which people network and pool funds and other resources via the Internet to assist a cause or invest in a venture. Penelope may raise money for her Yoga studios venture by crowdfunding as long as:
A. she does not prohibit the resale of the security.
B. she provides detailed offering information in all outside advertising.
C. sales of securities are no more than $1 million in any 12-month period.
D. she sells the funds on at least seven online sites.
Penelope is allowed to use crowdfunding to raise money for their yoga studio business as long as the total value of the securities sold in a given year doesn't exceed $1 million.
So, here in this statement Option C. Is the correct answer.
Crowdfunding is a way for businesses and ventures to raise funds. It enables fundraisers to use online platforms to gather funding from a significant number of donors. Crowdfunding is a popular way for growing businesses and startup companies to get alternative cash.
Through investing crowdsourcing, a company can raise money by asking a lot of supporters to make small contributions per investor. In return, backers receive ownership stakes in the company.
Thus, Option C. is the appropriate choice for this question.
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a company that makes products that give high immediate satisfaction but may hurt consumers in the long run makes products. group of answer choices threatening desirable salutary deficient pleasing
Pleasing products that give high immediate satisfaction but may hurt consumers in the long run .
What Is Market Cannibalization?Market cannibalization, also referred to as corporate cannibalism, occurs when a new product subverts the demand for an established product. When a company launches a new product to replace one of its own older goods, it is said to have "cannibalized" the market, which results in a drop in sales. Sales of the new product increase, but the existing products of the company are cannibalized, therefore there is no increase in market share. Market cannibalization may occur when a new product is similar to an existing one and both have the same target market. Cannibalism may also occur when a chain store or fast food restaurant faces a drop in sales as a result of the opening of a nearby new outlet for the same company.
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Companies typically engage in _____ to meet the needs of customers that don't have access to hard currency or credit.
a.
direct selling
b.
importing
c.
countertrade
d.
product churning
Companies typically engage in countertrade to meet the needs of customers that don't have access to hard currency or credit.
Countertrade is an global barter transaction with 0 or partial involvement of coins settlement. Significant kinds consist of barter, counter purchase, buyback, offset, transfer trading, and reimbursement trading. It enables nations locate new markets, beef up political ties and keep forex reserves.
Countertrade is a reciprocal shape of global change wherein items or offerings are exchanged for different items or offerings in place of for tough currency. This kind of global change is extra not unusualplace in growing nations with restrained forex or credit score facilities.
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for each example presented in the following table, identify the managerial function being illustrated. example of managerial work diagnostic skills interpersonal skills technical skills conceptual skills identifying a new business area that ge can successfully pursue figuring out why the number and quality of job applicants is falling at ibm and figuring out what to do about it motivating a new hire to perform well in the training program at marriott
Which position in management is most crucial?
The three main managerial duties are planning, leading, and controlling. In the course of planning, managers create goals and come up with plans. They also design plans to coordinate activity. As part of organizing functions, decisions are made on who should perform certain tasks and in what order.
Organizing, staffing, leading, and controlling are the five general responsibilities that make up management at its most fundamental level. These five tasks are included in a body of theories and recommendations on how to manage well.
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Being economically responsible is the most basic social responsibility of any business. This responsibility has the most immediate effect on:
Shareholders
Being economically responsible is the basic social responsibility of any business. This has the most immediate effect on Shareholders.
A firm must first be accountable to itself and its shareholders before it can be socially responsible. Companies that implement Corporate social responsibility initiatives frequently expand to the point where they are able to contribute back to society.
CSR is a self-policing business approach that allows a company to be socially accountable to its consumers, workers, and stakeholders.
Companies that practice corporate social responsibility, also known as corporate citizenship, may be cognizant of their impact on the economic, social, and environmental parts of society.
Depending on the business and industry, corporate social responsibility is a wide term that may take many different shapes. Businesses may enhance their brands while helping society through CSR initiatives, charity, and volunteer work.
Therefore, CSR is often a technique that big businesses use. After all, a company has a greater need to provide an example of moral conduct for its associates, rivals, and industry the more visible and successful it becomes.
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compared to banks, finance companies borrow in [ larger / smaller ] amounts and lend in [ larger / smaller ] amounts
In comparison to banks, finance companies borrow in larger amounts and lend in smaller amounts.
This is because finance companies typically specialize in providing smaller loans to consumers, while banks focus on providing larger loans to businesses.
When it comes to borrowing, finance companies will usually be able to provide larger loans to consumers due to their specialized services and their access to a larger pool of funds. These funds typically come from banks, government sources, and private investors.
When it comes to lending, finance companies tend to focus on providing smaller loans to consumers. This is because they are typically more specialized in their services and are more likely to lend to those with poor credit histories or limited income. As such, finance companies tend to lend in smaller amounts than banks, as they are more likely to take on more risk when lending.
Overall, finance companies can provide larger loans to consumers when it comes to borrowing, and tend to lend in smaller amounts when it comes to lending. This makes finance companies an attractive option for those looking for larger loans, or those with poor credit histories or limited income.
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__________ is the Agile principle where the project team uses business-driven prioritization of requirements and features.
Focus on Customer Value is the Agile principle where the project team uses business-driven prioritization of requirements and features.
Family and the environment can both impact customer Value. Consumer value is the cornerstone of all marketing efforts and is usually seen as having a substantial impact on a company's success, competitive advantage, and long-term success. According to research, consumer value which is derived from satisfied customers' purchasing experiences with retailers is the most crucial element influencing repurchase intentions. Consumer value research first became popular in the 1980s, but it really took off and produced some significant discoveries for marketing scholars in the 1990s and 2000s. The construct's existence, attributes, and conceptualization have kept the definition of consumer value ambiguous for a very long time.
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assume that the market is a profit-maximizing monopoly. question which of the following areas shows the consumer surplus?
assume that the market is a profit-maximizing monopoly. AP1B areas shows the consumer surplus.
A monopoly is a market system where one producer or seller holds a monopolistic position in a given area or industry. In free-market economies, monopolies are opposed because they impede competition and restrict consumer alternatives. Antitrust laws are in existence in the United States to prevent monopolies, guaranteeing that one company cannot have complete control over a market and use that control to take advantage of its customers. A company that has a monopoly is one that lacks substitutes for its product in the market and faces no competition from them. Monopolies can impose price changes and put obstacles in the way of competitors entering the market. By acquiring rival firms in the market through horizontal integration or by controlling the full supply chain from production to sales, businesses can create monopolies.
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The Affordable Care Act (ACA) sets a 60% minimum actuarial value for an eligible employer plan. All of the following statements are true except that
A. Actuarial value indicates what percentage of covered expense the health plan will pay.
B. Employer contributions to health-savings accounts may decrease the minimum actuarial value.
C. An employee would not pay more than 40% of the covered expenses excluding the premium contribution.
D. The lowest tier of plan allowed by the ACA is bronze.
The Affordable Care Act (ACA) sets a 60% minimum actuarial value for an eligible employer plan. All of the following statements are true except that Employer contributions to health-savings accounts may decrease the minimum actuarial value.
Describe The Affordable Care Act.The comprehensive health care reform law, also referred to as "Obamacare," was passed in March 2010. Three main objectives of the law are: Make more people eligible for affordable health insurance. For households with incomes between 100% and 400% of the federal poverty threshold, the law offers customers subsidies (referred to as "premium tax credits") that reduce prices (FPL). You can still be eligible for the premium tax credit in 2022 even if your income is higher than 400% FPL. You may be eligible to sign up for or make changes to your Marketplace coverage during a Special Enrollment Period if your income is at or below 150% FPL. Increase Medicaid coverage to include all adults with incomes below 138% of the federal poverty level.
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elegant dogs and dazzling dogs are competing canine grooming salons. each company currently serves 4,500 customers per year. both companies charge $35 to groom a dog. elegant dogs pays its dog groomers fixed salaries. salary expense totals $45,000 per year. dazzling dogs pays its groomers $10 per dog groomed. elegant dogs lures 2,000 customers from dazzling dogs. which of the following is true?
Elegant Dogs will experience an increase in profit after luring 2,000 customers from Dazzling Dogs.
This is because they are paying their dog groomers fixed salaries, which total $45,000 per year, whereas Dazzling Dogs pays its groomers $10 per dog groomed. With 2,000 more customers, Elegant Dogs will make an additional $70,000 in revenue ($35 x 2,000), which will more than cover the cost of their groomers' salaries.
Profit is the money you have left after paying for business expenses. There are three main types of profit: gross profit, operating and net profit. Gross profit is biggest. It shows what money was left after paying for the goods and services sold.
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use the following data from mayonnaise manufacturing co. to identify the cost of goods manufactured for the year. note that the goods manufactured may or may not have actually been sold.
With the information presented, we cannot determine the income from the sale of the finished product for that year. Revenue, calculated by multiplying the average selling price by the number of units sold, is the money you make from normal operations.
The top line number (or total revenue) is used to calculate net profit after deducting expenses. Sales is another name for income statement income.
The Raw Materials Account contains information about the raw materials used and the Manufacturing Overhead Account contains information about the manufacturing overhead costs incurred.
The work in process inventory account can be used to calculate the cost of goods manufactured. Finished goods inventory accounts can be used to determine manufacturing costs.
Therefore, the sales amount calculation is not supported by the information provided.
The question is incomplete, the complete question is :
Use the following data from Mayonnaise Manufacturing Co. to determine revenue from sales of finished goods for the year. Manufacture of raw materials WIP of goods sold 10,010 120,000 150.010 30,000 60,000 - 110,000 130,000 0 $ 150,000 0 $ 25,000 0 $ 130,000. See this link.
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an error that overstates the ending inventory will also cause net income for the period to be overstated.
An error that overstates the ending inventory will also cause net income for the period to be overstated. [FALSE]
Inventory definitionInventories are asset items owned by companies for sale in normal business operations, or goods that will be used or consumed in making goods that will be sold. Furthermore, Inventory itself is a company asset that occupies a fairly important position in a company, be it a trading company or an industrial (manufacturing) company, especially companies engaged in construction, almost 50% of company funds will be embedded in inventories, namely for buy building materials.
Trading company inventoryInventories are goods purchased by the company with the aim of reselling without changing the shape and quality of the goods, or it can be said that there is no production process since the goods are purchased until they are resold by the company.
Inventory of industrial companies (manufacturing)
The definition of inventories for industrial companies are goods or materials purchased by companies with the aim of further processing them into finished or semi-finished goods or may become raw materials for other companies, this depends on the type and main business process of the company.
For example: An industrial company that demands cotton, its raw material is cotton from farmers or plantations, it is processed into yarn, yarn is a finished product for it. Meanwhile, the raw materials for cloth industry companies are threads that are processed into cloth as finished goods, and apparel industry companies need cloth raw materials and so on.
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According to Ian Maitland, the results of the ostensibly humanitarian changes urged by critics are likely to be all of the following except:
greater inequality and poverty
reduced exports
lower incomes in the informal sector
increase employment in the formal sector of the economy
The correct answer to the given question about Ian Maitland is option A) Greater inequality and poverty.
Professor Ian Maitland teaches courses in international business and business ethics at the moment. Along with the Management of Technology Master's Program at the Carlson School and the Executive MBA programs in China and Warsaw, Professor Ian Maitland has also served as a visiting professor at Keio University in Tokyo in 2001. He earned a sociology PhD from Columbia University and a BA from Magdalen College in Oxford. In addition to being a member of the California Bar, he earned his Chartered Accountant designation in England. Professor Ian Maitland presided over the Society of Business Ethics from 2010 to 2011. In addition to writing columns for the Star Tribune and serving as the inaugural Senior Fellow at the Center, he ran for Congress in Minnesota's Fourth Congressional District.
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QRW, Inc. has a retained earnings balance of $2,000,000. The company reported net income of $600,000, sales of $4,000,000, and has 200,000 shares of common stock outstanding. The company announced a dividend of $2.00 per share. Therefore the company's dividend payout ratio is A) 66.7%. B) 50%. C) 20%. D) 10%.
The company has net income of $600,000, 200,000 shares of common stock, and announced a dividend of $2.00 per share. The company's dividend payout ratio is 66.7% (option A)
The Dividend Payout Ratio (DPR) is the ratio of dividends paid to shareholders to total net income generated by the company.
Dividend Payout ratio can be calculated as:
DPR = dividends per share / earning per share
or
DPR = dividends / net income
In the given problem:
net income = $600,000
dividends per share = $2
common stock = 200,000
Hence,
dividends = dividends per share x number of shares
= 2 x 200,000 = 400,000
DPR = 400,000 / 600,000 = 66.7% (option A)
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Which of the following is NOT one of the twelve pillars of competitiveness?
Infrastructure
Goods Market Efficiency
Technological Readiness
Regional Trade Agreements
Regional Trade Agreements
The twelve pillars of competitiveness do not include regional trade agreements.
Exports and international trade have always been closely associated with national competitiveness (McGreehan, 1968). The removal of trade barriers over the past 30 years, made possible by a number of trade agreements that gradually built a new system of free trade, as well as the global expansion of trade supported by numerous changes to the international environment, have increased levels of domestic competition in most states and made domestic businesses more vulnerable to international competition. There have been many complaints about the state's ability to produce its own goods and services or about its actual capacity to do so while still allowing for imports to satisfy domestic demand.
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Premiums
Group of answer choices
a. are a standard amount for life insurance.
b. dictate insurance returns more than any other component.
c. cannot be risk-based for term life insurance.
d. take away the downside to retain the upside.
Option b is correct. Premiums dictate insurance returns more than any other component.
The premium is the sum that the insured pays on a regular basis to the insurer to cover his risk. The risk is transferred from the insured to the insurer under an insurance arrangement. The insurer levies a fee known as the premium in exchange for taking on this risk. The premium depends on a number of factors, including age, employment type, medical issues, etc. The task of determining the proper premium for an insured is given to the actuaries. The frequency of premium payments may vary. It can be paid in a single premium or on a monthly, quarterly, semiannual, or annual basis.
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if the interest rate on debt is lower than roa, then a firm will by increasing the use of debt in the capital structure.
A corporation will reduce by using more debt in its capital structure if the interest rate on debt is lower than ROA.
Equity decreases when debt increases, and since equity is the basis for ROE, this has the effect of increasing ROE. Additionally, a company's total assets—the ROA denominator—increase when it borrows money. As a result, debt raises ROE in comparison to ROA.
While Return on asset (ROA) is established by looking at corporate profitability following the purchase of assets like manufacturing equipment and technology, ROI is derived by looking at profits created via invested capital. The ROA demonstrates the profit generated by significant shareholder investments in the company.
A financial measure called return on equity (ROE) shows you how much net income a firm makes for every dollar of invested capital. This ratio is crucial because it enables investors to comprehend how well a company uses its money to produce profit.
The question is incomplete. The complete question is:
If the interest rate on debt is lower than ROA, then a firm will __________ by increasing the use of debt in the capital structure.
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Sinking funds are attractive to both issuing firms and investors because ______. (Select all that apply)
the fund does not compound the interest annually
they support the market price of the bond because they reduce the risk the bond will not be repaid
they reduce the risk the bond will not be repaid
they provide for an orderly repayment of a bond issue
Sinking funds are attractive to both issuing firms and investors because
B. they support the market price of bond because they reduce the risk the bond will not be repaidC. they reduce the risk the bond will not be repaidD. they provide for an orderly repayment of a bond issueWhat are Sinking funds?In finance, a sinking fund refers to a fund containing the money set aside or saved to pay off a debt or bond. A company that issues a debt will need to pay that debt off in the future and the sinking fund will helps to soften the hardship of a large outlay of revenue.
In conclusion, the sinking fund is established so the company can contribute to the fund in the years leading up to the bond's maturity.
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Which of the following are components used in the construction of the WACC?
Price of debt favored stock price The components needed to build the WACC are as follows: cost of ordinary stock
How is WACC calculated? What is WACC?The overall rate of return a business is anticipated to provide to all of its shareholders, encompassing debt holders, equity investors, and preferred equity investors, is known as the weighting average price of capital (WACC). WACC Formula equals [Cost of Equity*% of Equity] plus [Cost of Debt*% of Debt*(1-Tax Rate)]
Why is WACC used? What is it?The loaded average price of capacity (WACC) is a crucial financial principle that is frequently applied in the financial industry to determine if a profit on investment can be more than or equal to the cost of committed capital (equity plus debt) for a certain asset, project, or business.
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you dopsoit 1000 in an accound with an annuial intrest rate of change compouinded montyh at the end of 4 years the balance is______
You deposit $1,000 in an account with an annual interest rate of 4% compounded monthly, at the end of 4 years the balance is $1,173.20
A compound interest in banking term is defined as an interest rate of a deposit that is paid based on the calculation of the interest to the initial principal plus the accumulation of the interest from the previous period.
Given that you have a principal of $1,000 deposited for 4 years in a savings account, with a compounded monthly annual interest of 4% or in decimal terms 4/100=0.04, we will then be able to calculate the accrued amount of principal + interest with the following formula:
A = Accrued amount (principal + interest)
P = Principal amount
r = Annual interest in decimal
n = number of compounding periods per unit of time
t = time years
[tex]A = P(1 + r/n)^{nt}[/tex]
A = 1,000.00(1 + 0.04/12)⁽¹²⁾⁽⁴⁾
A = 1,000.00(1 + 0.0033333333333333)⁽⁴⁸⁾
A = $1,173.20
Therefore your total accrued amount at the end of year 4 will be $1,173.20
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Your question seems incomplete, but I assume the question was
"You deposit $1,000 in an account with an annual interest rate compounded monthly, at the end of 4 years the balance is______"
which of the following are keys to managing your career readiness successfully? (choose every correct answer.)
Keys include adhering to a procedure and process assuming control of your career management and engaging in personal contemplation, inspiration, devotion, and experimentation.
What are some management synonyms?Manage has a number of popular synonyms, including handle, control, and direct. Manage indicates direct dealing and influencing or maneuvering more towards a desired end, even if all of these terms have the same meaning of "to use the other's powers to lead, steer, or control."
What does leadership manage?Controlling a team or a collection of entities in order to achieve a goal is what management entails. The capacity to persuade, inspire, and empower others to contributing to the success of an organization is referred to as leadership. Influence and motivation, as opposed to control and control separate leaders from managers.
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