Human resource specialist Julie Woodard must inform employees of a major reduction in health care benefits. when delivering this announcement, she should apply all the following techniques except lets the employees find out through the office grapevine.
Human resource specialist can be described as an employee of an organization that inform the employeed about any benefits that are offered by the particular organization that they are working in.
Such informations should always be passed on by the human resource specialist rather than people such as the grapevine.
Human resources specialists are trained in all aspects of human resources, so these people know how to pass on a health care benefit information.
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Different points along the budget constraint line represent different combinations of the goods that
The consumer is spending all of their income at the spots represented by the budget constraint.
Quizlet: What does a budgetary limitation show?Budget restraint: Illustrates the maximum amount of consumption "bundles" a consumer is able to purchase. the budgetary restriction indicate the different product pairings that a buyer can afford based on his or her income and the cost of the two products.
What are the uses of a budget constraint line?Economists examine customers can afford to buy in order to comprehend households make decisions. To achieve this, we must map out the consumer's financial restrictions. The quantity of one good is measured on the horizontal axis while the quantity of the other good is measured on the vertical axis when there is a budgetary restriction.
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publix food market contractually agrees with fedex for the delivery of a few boxes of fresh fish. in a later court case between the aforementioned parties over deliveries, the doctrine of quasi-contract is unavailable because? a) there is an actual contract covering the subject in dispute; b) at least one of the parties had greater bargaining power. c) both oftha nartios involvad aro musinessas.d) a the sub ect of the contract was a service
There is an actual contract covering the subject in dispute.
What is dispute?
Any quarrel or disagreement is indicated by the term dispute. Both parties claimed ownership of the hazardous waste dump during the border conflict between the two nations. When used as a verb, dispute can refer to a disagreement or an argument, but it can also refer to objecting to something.
An arbitration agreement, also referred to as a dispute resolution agreement, is a legal document that specifies the steps to take in the event that a dispute arises in the future. By establishing a framework for how disputes will be handled in advance of them occurring, these agreements help parties avoid expensive litigation.
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Dividends received are classified as operating activities cash flows, while dividends paid are classified as financing activities cash flows because dividends received increase _____, and dividends paid decrease ____.
net income; retained earnings
Given that dividend payments reduce retained earnings and dividend payments boost net income, dividends received are categorized as operating activities cash flows.
What do dividends actually mean?A dividend is a gift that a business gives to its shareholders, whether it be in the form of money or something else. Dividends can be paid out in a variety of forms, including stock dividends, cash payments, and other formats. A corporation's board of directors determines its dividend, which requires shareholder approval.
Is it a good idea to pay dividends?Many investors like the consistent income provided by dividends, so they are more likely to purchase the business's stock. A dividend payment is also seen by investors as an indication of a company's success and that management has high expectations for future profits, which
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Peer review examples
Peer review is the practice of assessing contributions to a journal for academic purposes. A group of reviewers in the same field determines whether to approve each manuscript for publication using specific criteria.
Example of peer review.Peer review on influence of phone use on sleep :
According to studies, kids in the US sleep less now than they did ten years ago (Johnson, 2019). In 2021, youths slept for an average of 6 hours per night, down from 8 hours in 2011. Increased worry, altered diets, and increased phone use are just a few of the possible factors mentioned by Johnson. The new study focuses on the impact that using a phone before bed has on how many hours of sleep teens obtain.
Using social media sites, a sample of 300 teenagers was gathered for this study. Each kid was given permission to use their phone normally for the first week in order to establish a baseline.
Dividing the samples into 3 groups :
1. Group 1 of which was prohibited from using their phones before night.
2. Before going to bed, Group 2 spent an hour on their phones.
3. Before going to bed, Group 3 utilized their phones for three hours.
To account for differences in participants' bedtimes, we encouraged everyone to retire at 10 p.m. Their Fitbit indicated how many hours of sleep they had gotten in the morning. For a week, they independently tracked these data.
Both Group 1 and Group 2 and Group 1 and Group 3 were compared using two separate T tests. The results of the first t test indicated that there was no difference between Groups 1 and 2 in terms of the number of hours worked (M = 7.8, SD = 0.6, and p >.05). The average difference between Group 1 (M = 7.8, SD = 0.6) and Group 3 (M = 6.1, SD = 1.5) was significantly different (p .01) according to the results of the second t test.
According to this, teens who use their phones for more than an hour before bedtime get less sleep than those who use them for 0 to 1 hours.
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Even though both investors earned a 7% rate of return, they still have to pay their management fees. You can find out an investor’s effective rate of return by subtracting the fee percentage from the rate of return percentage.
What is Alizeh’s effective rate of return?
What is Christina’s effective rate of return?
The total value of Alizeh’s mutual fund is $10,570.
What mutual fund means?A mutual fund is a collection of funds that is professionally managed by a Fund Manager. It is a trust that takes money from many participants who have similar investing goals and invests it in stocks, bonds, money market instruments, and/or other securities.How is it calculated?The given data is,
Investment in mutual fund = $10,000
Annual expense ratio = 1.3%
Rate of return on investment = 7%
Annual return on investment = $700 ($10,000 × 7%)
Annual fees for her actively managed mutual fund = $130 ($10,000× 1.3%) At the end of the year, the total value (after fees) of Alizeh's mutual fund:
Investment in mutual fund = $10,000
Annual return on investment = $700
Annual fees for mutual fund = ($130)
Total value =$10,570
The total value of Alizeh’s mutual fund is $10,570.
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The correct questions is Alizeh invests $10,000 in an actively managed mutual fund that has an annual expense ratio of 1.3%. The investment earns a 7% rate of return.
When Apple released its first iPhone in 2007, it charged customers $599. Shortly thereafter, it reduced the price to $399 for the exact same device. Apple's decision to set a relatively high price for a period of time after the product launched and then decrease the price to a level that would be more sustainable over time reflects which pricing strategy?
When Apple released its first iPhone in 2007, it charged customers $599. Shortly thereafter, it reduced the price to $399 for the exact same device. Apple's decision to set a relatively high price for a period of time after the product launched and then decrease the price to a level that would be more sustainable over time reflects pricing strategy of price skimming.
Price skimming is typically used when a new kind of product enters the market. The goal is to maximize your profits when there is a strong demand from customers and little competition in the market.
What is price skimming?Skimming is a pricing strategy in which initial product prices are set high and subsequently decreased as rivals enter the market. The opposite of penetration pricing, which sets low starting prices for recently launched products in an effort to draw a sizable consumer base, is skim pricing.
Electronic products, like the Apple iPhone, commonly use a price-skimming strategy during the first launch phase. The price of the product decreases after competitors release competing items, such as the Samsung Galaxy, to preserve its competitive advantage.
Price skimming produces higher initial revenue totals to cover R&D costs. You might get better returns on your investment if you hold onto interest for a longer time. Using different marketing strategies, you can segment your customer base at each price range.
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if a person cannot provide bail on his or her own or cannot pay a bondsman, the accused can possibly be released
The Californian Supreme Court determined that defendants who are unable to post bail must be freed unless there is strong proof that keeping them behind bars is required for victim or public safety.
Victim safety: what is it?A person is prohibited from bothering, torturing, scaring, retaliating against, or interfering with any eyewitness or victims of a crime by this necessary protection order. The order is in effect up until the case's conclusion, the end of the sentence, or the recipient's acquittal.
What are the fundamental tenets of victim care?The treatment of victims should be kind and honoring of their human dignity. They have the right to swift reparation for the injury they have experienced, as stipulated by national law, and access to the legal systems.
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TRUE/FALSE. with uncertainty surrounding the outcome of the doha round of trade negotiations, countries (large and small) are clamoring for bilateral or regional trade agreements to meet their specific agendas causing economists to be concerned about the prospects of creating a truly open global economic system that benefits all countries.
The givens statement is true because even with uncertainty surrounding the result of the Doha round of trade negotiations, economists are concerned about the prospects of making a truly open global economic system that benefits all of the countries.
The Doha Round is the most recent round of trade negotiations among the WTO member countries. Its objective is to achieve major reform of the international trading system by introducing lower trade barriers and revising trade rules. The work program covers about 20 areas of trade with the fundamental aim to improve the trading prospects of developing countries.
Even with the uncertainty surrounding the result of the Doha round of trade negotiations, countries (small and large) are clamoring for bilateral or regional trade agreements to meet their particular agendas causing economists to be concerned about the prospects of making a truly open global economic system that benefits all of the countries. so the statement given is true.
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suppose a perfectly competitive firm's marginal revenue is $10 and its marginal cost is $11. under these circumstances the firm:
Adidas runs a print media campaign that pledges to donate 10 percent of its profits to poor orphans in Africa in
order to enhance the firm's image. This is an example of advertising.
O a. institutional
O b. immediate-response
O c. primary-demand
O d. comparative
O e. brand
Adidas undertakes a print media campaign to improve the company's reputation, promising to contribute 10% of its profits to underprivileged orphans in Africa. This is an illustration of brand advertising. Hence, option E is correct.
What is the meaning of a print media campaign?In order to reach consumers, print media campaign makes use of hard copy printed mediums including newspapers, billboards, and magazines. The print media is one of the more traditional forms of product promotion, according to the advertising sector.
Therefore, Option E is correct.
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__ refers to the availability of resources to meet short-term cash requirements. Analysis is aimed
at a company's funding requirements.
Efficiency
Liquidity
Working Capital
Liquidity and Efficiency refers to the availability of resources to meet short-term cash requirements. Analysis is aimed at a company's funding requirements.
The time period performance may be described because the potential to achieve an give up goal with little to no waste, effort, or energy. Being efficient approach, you could acquire your effects through placing the resources you have within the first-rate way possible. placed surely, some thing is efficient if not anything is wasted and all processes are optimized. efficiency can often be expressed as a percentage of the result that could ideally be expected, as an instance if no energy have been lost due to friction or different causes, wherein case 100% of fuel or other enter might be used to produce the preferred result.
The paintings performance formulation is performance = output / enter, and you may multiply the result via a hundred to get work efficiency as a percent. that is used throughout different strategies of measuring electricity and paintings, whether it is electricity production or gadget efficiency.
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suppose that the economy enters a boom and becomes overheated. if the fed pursues countercyclical monetary policy but overreacts, this causes output in the short-run to go
Counter-cyclical fiscal coverage refers to the steps taken through the government that go towards the course of the monetary or commercial enterprise cycle.
Thus, in a recession or slowdown, the authorities increases expenditure and reduces taxes to create a demand that can force an economic boom.
Which of the following is an example of a counter-cyclical policy?One example of an automatically countercyclical fiscal coverage is modern taxation. By taxing a large share of income when the economy expands, a revolutionary tax tends to reduce demand when the economy is booming, accordingly reining in the boom.
Counter-cyclical or defensive industries are those that do well in economic downturns, since demand for their products and services continue regardless of the economy.
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https://brainly.com/question/7767883#SPJ4Demand deposits are balances in bank accounts that depositors can access by writing a check or using a debit card. a. Trueb. False
A demand deposit is a bank account balance that the depositor can access by writing a check or using a debit card is true.
A demand deposit is a money that is deposited in your bank account and can be withdrawn whenever you need it. Depositors typically use demand deposits to pay their daily expenses. For account funds, banks or financial institutions may pay low or no interest on deposits.
The maximum amount an individual can withdraw is up to a certain daily limit or account balance limit. Common examples of demand deposits are amounts in checking or savings accounts. Please note that demand deposits are different from term deposits. Term deposits require the depositor to wait a certain period of time before making a withdrawal.
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GDP per capita in country A is 1/10 of that in country B. Country A grows at 4.3% per year, while country B 1% per year. In 50 years, roughly
country B will still be ten times as rich as country A
country A will be as rich as country B
country A will be twice as rich as country B
country B will be only twice as rich as country A
Gross Domestic Product (GDP) per capita indicates a country's GDP divided via its complete population.
The table under lists nations in the world ranked with the aid of GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita.
How Do You Calculate GDP Per Capita?The system to calculate GDP per capita is a country's gross domestic product divided via its population.
For instance in a country, Real GDP for the yr 2018 is $ 10 trillion, and at some point of the equal year, the country's whole population is 250 million, i.e., there are 250 million humans in the us of a for the duration of the 12 months 2018
GDP is commonly calculated through the country wide statistical employer of the u . s . a . following the international standard.
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https://brainly.com/question/21882894#SPJ4What is the BEST way to protect your personal information?
A. Carry all of your credit cards and forms of identification with you at all times.
B. Never write down your account numbers or driver's license numbers.
C. Keep old accounts open even if they are no longer being used.
D. Store your personal information in a safe place where you can access it if needed.
The best way to protect your personal information is store your personal information in a safe place where you can access it if needed. Hence option D is correct.
What is information?Information is defined as the data that has been altered in a way that makes it meaningful to the recipient. In today's society, information is essential to almost everything we do. To communicate a message, information in any format is created and distributed via a chosen delivery method.
Your bank account details, social security number, pin numbers, credit card numbers, and passwords are among the most sensitive data you should protect.
Thus, the best way to protect your personal information is store your personal information in a safe place where you can access it if needed. Hence option D is correct.
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groups representing consumer, environmental, or other interests can be identified as project stakeholders.
Answer:
True, groups representing consumer, environmental, or other interests can be identified as project stakeholders.
Explanation:
Project stakeholdersAnyone actively involved in the project, or whose fortunes may be affected favorably or unfavorably as a result of project operation or project completion, is considered a project stockholder.
The work of each interest group was therefore decided by the project stakeholder.
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suppose an organic salad shop attempts to increase demand for its food by differentiating it as a healthy alternative to fast-food hamburgers. This is an example of _______ advertising
comparative
Health-focused (comparative)
Organic FoodFood that has been produced using organic farming practices is known as organic food. Although requirements differ from country to country, organic farming includes techniques that recycle resources, advance ecological balance, and preserve biological diversity.
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Oceanic Company has 15,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends:
20Y1 $22,500
20Y2 7,500
20Y3 45,000
Need help understanding this problem!
The dividends per share for the cumulative preferred stock and the common stock is :
20Y1 20Y2 20Y3
Dividend per share:
Preferred Stock $1 $0.50 $1.50
Common Stock $0.15 $0 $0.45
What is dividend per share ?Dividend per share is the sum of declared dividends issued by a company for every ordinary share outstanding . It is calculated by dividing the total dividend by the number of shares in the issue for each class of stock.
However, the dividend is distributed to preferred stockholders first, followed by common stockholders.
In any year where the dividend is insufficient to cover the cumulative preferred stockholders, whatever is left over is distributed to the preferred stockholders, leaving common stockholders with nothing.
If there are sufficient dividends, the cumulative preferred dividend arrears must be settled in addition to the fixed dividend for the year
The dividend per share is calculated as:-
Cumulative Preferred 2% Stock = 15,000 shares
Par value = $50
Value of Cumulative preferred stock, 2% stock = $750,000 (15,000 x $50)
Fixed preferred dividend each year = $15,000
Common Stock = 50,000 shares
Dividend Distribution Preferred Common Stock
20Y1 $22,500 $15,000 $7,500 ($22,500-$15,000)
Dividend per share $1 $0.15 ($7,500/50,000)
20Y2 7,500 $7,500 $0
Dividend per share $0.50 $0
20Y3 45,000 $22,500 $22,500 ($45,000 - $22,500)
Dividend per share $1.50 $0.45
Preferred stock dividend for 20Y3 = $22,500 ($7,500 + $15,000)
Therefore, the dividend per share for Oceanic Company is calculated.
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which of the following shapes is the most likely plot of the utility-of-wealth function for a risk-averse person?
If the utility function is concave it is most likely plot of the utility-of-wealth function for a risk-averse person.
Utility is a concept in economics used to simulate value or value. Its application has changed significantly over time. Moral philosophers such as Jeremy Bentham and John Stuart Mill first used the phrase to define pleasure or happiness as part of the utilitarian hypothesis.
In neoclassical economics, which dominates contemporary economic theory, the term has been modified and reused to refer to a utility function that represents a consumer's preference for a set of choices. , but n is not comparable between individuals.
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The monopolistically competitive firm sells a __________ product and faces a __________ demand curve.
A firm that competes in a monopolistic market will have a downward-sloping perceived demand curve, indicating that it sets prices and selects a mix of quantity and price.
What is monopolistic competitive ?Numerous businesses engaged in monopolistic competition but selling distinctively different goods compete against one another. A few examples include clothing stores that sell several clothing trends, eateries or grocery stores that sell various food varieties, and even goods like beer or golf balls that may be at least superficially comparable but have varied public perceptions due to branding and advertising. The United States has more than 600,000 eateries. Each company has a mini-monopoly on its specific style, flavor, or brand name when items are distinctive.Manufacturers of these goods must, however, contend with other brands, flavors, and fashions. This combination of a small monopoly and fierce rivalry is referred to as "monopolistic competition," and its origin is explained in the next Clear It Up piece.To Learn more About monopolistic refer To:
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you decide to take $800 out of your piggy bank at home and place it in the bank. if the reserve requirement is 5 percent, how much can your $800 increase the amount of money in the economy? instructions: enter your answer as a whole number. $ 760
If you decide to take $800 out of your piggy bank at home and place it in the bank. if the reserve requirement is 5 percent, The amount your $800 can the amount of money in the economy is $15,200.
How to find the amount of money?Firs step is to find the reserve requirement
Reserve requirement = (800×0.05)
Reserve requirement = 40
Second step is to find the amount of money
Amount of money = (800-40) × 800/40
Amount of money =760 ×20
Amount of money = $15,200
Therefore the amount of money is $15,200.
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which of the following explains the difference between the policies that nigeria and russia have adopted in response to global economic forces?
Nigeria is an oil-exporting nation, and it has adopted the policies that are designed to encourage the development of its oil industry. However Russia, on the other hand, has adopted policies that are more focused on diversifying its economy and building up its manufacturing and services sectors.
Nigeria and Russia have adopted different policies in response to global economic forces due to their different economic structures and the different goals they have for their economies. As a result, the policies adopted by the two countries reflect their different economic priorities.
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On July 1, Kingbird, Inc. purchases 570 shares of its $5 par value common stock for the treasury at a cash price of $12 per share. Journalize the treasury stock transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
The treasury stock transaction when cash price of $12 per share for treasury is 6840 (debit )
Treasury stock :
Treasury stock, commonly referred to as treasury shares or reacquired stock, denotes previously outstanding stock that the issuing business has acquired from stockholders. The overall number of outstanding shares on the open market declines as a result. Treasury stocks, also known as reacquired stocks, are shares that the issuing business has purchased back, therefore lowering the number of outstanding shares on the open market.
Journalizing the treasury stock :Treasury stock account = 570 × $ 12
= 6840 (Debit)
To Cash account 6840 (Credit)
(Being stock purchased for cash)
This is where cash comes in, so credit cash to reduce your cash balance. Cash back shares. Common shares are therefore claimed.
What advantages do Treasury Stocks have?Limiting outside ownership and holding stock in reserve to sell to the public in the future in case funding is needed now are two advantages of having treasury stock for a corporation.
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Gina Dare, who wants to be a millionaire, plans to retire at the end of 40 years. Gina's plan is to invest her money by depositing into an IRA at the end of every year. What is the amount that she needs to deposit annually in order to accumulate $1,000,000? Assume that the account will earn an annual rate of 11.5%. Round off to the nearest $1
Therefore, the amount of deposit required to be invested annually by Gina Dare is $3,289.47.
Who is a Millionaire?
A person is considered a millionaire if their wealth or net worth is at least one million dollars. Being a millionaire can have a certain level of prestige depending on the currency. In nations that employ the short scale number naming system, a person is considered to be a billionaire if they own at least 1,000 million dollars, euros, or the local currency.
Many national currencies currently have low unit values or had in the past, often as a result of previous inflation. Being a millionaire in other currencies is obviously more simpler and less significant; as a result, in Hong Kong or Taiwan, for example, a millionaire (in the native currency), may just be averagely affluent, or perhaps less wealthy than average.
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the quantity of a product that will be offered to the market by a supplier at various prices for a specific period. is the meaning of?
Supply is the meaning of the quantity of a product that will be offered to the market by a supplier at various prices for a specific period.
Who is a supplier?
A supplier is a person or company that offers goods or services to another organization. A supplier's job in a company is to get premium goods from a manufacturer at a competitive price so that a distributor or retailer can resell them.
A supplier in business is a person or a company that provides retailers and distributors with high-quality products and services from manufacturers at competitive prices. Deliverables from them come in the form of raw materials, which manufacturers then transform into finished goods that are ready for sale.
You can more easily analyze real-time data on sales, orders, or market trends when you share this information with your suppliers. forecasting and rapid response to demand changes
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A company's history indicates that 20% of its sales are for cash and the rest are on credit. Collections on credit sales are 20% in the month of the sale, 50% in the next month, 25% the following month, and 5% is uncollectible. Projected sales for December, January, and February are $60,000, $85,000 and $95,000, respectively. The February expected cash receipts from all current and prior credit sales is:
The February expected cash receipts from all current and prior credit sales is: 61200.
Cash receipts from December sales 12000 =60000*80%*25%
Cash receipts from January sales 34000 =85000*80%*50%
Cash receipts from February sales 15200 =95000*80%*20%
February expected cash receipts from all
current and prior credit sales 61200
credit sales are purchases made by means of customers for which payment is behind schedule. delayed payments allow clients to generate cash with the bought items, that is then used to pay back the vendor. hence, an affordable payment delay permits clients to make additional purchases.
A credit score income magazine entry is a sort of accounting access that is used to record the sale of merchandise on credit score. The access is made by means of debiting the accounts Receivable and crediting the income account. the amount of the sale is usually recorded within the magazine as nicely. despite the fact that the client will pay in coins at a later date, it is nonetheless not a coins sale.
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if the government removes a 1 tax on sellers of gasoline and imposes the same 1 tax on buyers of gasoline g
The price that consumers pay won't change if the government keeps its $1 tax on gasoline sellers while eliminating it from fuel buyers.
Who pays when a tax is levied against product sellers?The price that purchasers pay increases when a tax is imposed on the good seller, while the price that sellers are paid decreases. The market's size is diminished when a tax is imposed on a product's vendors.
What occurs when a tax is levied against vendors?The tax may be levied against either the provider or the buyer. If the customer pays a price for the good and then the tax on top of that, it is imposed upon the buyer. The price charged to the buyer includes the tax if the tax is levied against the supplier.
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Suppose that JB Cos. has a capital structure of 78 percent equity, 22 percent debt, and that its before-tax cost of debt is 12 percent while its cost of equity is 16 percent. Assume the appropriate weighted-average tax rate is 21 percent and JB estimates that they can make full use of the interest tax shield.
What will be JB’s WACC?
Answer:
GIVEN:
We (weight of equity) = 0.78
ke (cost of equity) = 16% or 0.16
Wd (weight of debt) = .0.22
kd (cost of debt) = 0.12
t (tax rate) = 0.21
WACC = [(We x ke) + (Wd x kd) (1-t)]
WACC = [(0.78)(0.16) + (0.22)(0.12) (1-0.21)
]
= [0.1248 + (0.22 * 0.12 * 0.79)]
= 0.1248 + 0.0208= 0.1456
= 14.56%
Explanation: Referred to the solution above.
in this case, rational expectations theory predicts that the fully anticipated decrease in the money supply will have the immediate effect of in the inflation rate and in the unemployment rate.
In this case, the rational expectations theory predicts that a perfectly expected decline in the money supply will have the direct effect of lower inflation and no change in unemployment.
The theory of rational expectations states that people make optimal use of all available information, including information about fiscal and monetary policy, to predict the future. According to the rational expectations theory, perfectly forecast fiscal and monetary policies affect inflation only when the economy is at its long-run equilibrium level.
The theory of rational expectations is a macroeconomic concept and theory. Economists use the rational expectations theory to explain expected economic factors such as inflation and interest rates. The idea behind rational expectations theory is that past outcomes influence future outcomes.
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early entrants to a market that are able to capture sizable revenue, awareness and generate business that ties customers into their products or services are capitalizing on .
Early entrants to a market that are able to capture sizable revenue, awareness and generate business that ties customers into their products or services are capitalizing on first-mover advantages. (Option C)
When a later entry can avoid costs that an early entry must suffer, to what do we refer?When entering a foreign market, having an advantage over other global corporations might have disadvantages. For this, the phrase "first-mover disadvantages" is frequently used. 5 Due to these drawbacks, a later arrival may be able to avoid pioneering costs, whereas an early entry may be required to make them.
What expression is used when a company enters a market ahead of its competitors?A first mover is a service or product that gains a competitive advantage or edge by being the first to market with a good or service. When a company enters a market first, it typically has the advantage of developing strong brand recognition and consumer loyalty before competitors do so.
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