Negative items like collection accounts, defaults, and late payments can remain on your credit reports for up to seven to ten years.
What are the consequence for defaulting on a loan?Your credit rating is harmed, and you may be unable to purchase a car, house, or obtain a credit card as a result of the default being reported to national consumer reporting agencies.
Your tax refunds and federal benefit payments can be withheld and used to pay back a loan that you have stopped making payments on.
Therefore, Your credit scores can be negatively impacted by even one recorded late payment, and the damage can get worse if you keep missing payments.
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monico recently hired a mechanic to do some necessary work. on the final bill, monico was charged a total of $677. $485 was listed for parts and the rest for labor. if the hourly rate for labor was $64, how many hours of labor was needed to complete the job?
The total number of hours that hourly workers who are directly employed at a job site work is referred to as labor hours. Hours of labor needed is 3
How many hours of labor was needed to complete the job?The total number of hours that hourly workers who are directly employed at a job site work is referred to as labor hours.
The term "labor hours" refers to all time spent working at the job site by all subcontractors as well as personnel employed by the contractor.
Amount total charged = $677
Listed amount = $485
Hourly rate for labor = $64
Hours of labor needed
Total amount of labour = Amount total charged - Listed amount
Total amount of labour = 677 - 485
Total amount of labour = $192
Hours of labor needed = Total amount of labour / Hourly rate for labor
Hours of labor needed = 192 / 64
= 3 Hour
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According to the pm essential skills video case, project managment is all about what?.
Project management is all about methods, skills and experience to achieve specific project objectives.
According to the project management (pm) essential skills video case, project management is to plan and manage a project to successfully complete its listed goals and deliverables.
In a project management, explain how successfully projects are organized and administered. it is leading a team to hit goals or complete deliverables within a set timeframe.
The main goals is the first is to project outcome goals and second is high-level project management performance goals that apply to the overall performance to the team and project manager.
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true or false? pharmaceutical companies have increased the amount of sampling to physicians because the federal government has limited television advertising to consumers.
This statement is false. Between 1997 and 2016, medical marketing, particularly direct-to-consumer (DTC) advertising for prescription medications and healthcare services, increased significantly.
What is Medical Marketing ?Prescription drug direct-to-consumer advertising has become increasingly common since the FDA issued new regulations on broadcast direct-to-consumer advertising in 1997. The effects on providers, patients, and the healthcare system are diverse and dynamic, and the recent rapid changes have drastically changed the state of the industry.Physicians and other healthcare professionals need to be able to control this influence on their practise in order to continue providing the best possible patient care, and gaining a deeper understanding of this phenomenon is a crucial first step in that direction.Prescription drug advertising directly to consumers is a significant factor in the health care industry. Advocates contend that effective direct-to-consumer marketing empowers and educates patients in their interactions with healthcare professionals.To learn more about healthcare refer :
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Which of the following is inconsistent with a firm that sells for very near book value?A) Low current earnings B) Few, if any, intangible assets C) High future earning powerD) Low, unstable dividend payment
High future earnings power is incompatible with a company that trades at or near book value. Thus, the right choice is an option (c.) High future earning power.
What exactly is earning power?Earnings power is a number that indicates a company's ability to earn profits over time, providing all existing operating conditions stay unchanged. When giving buy and sell recommendations, equity analysts often examine a company's earning capacity to determine if its stock is worth investing in.
Earnings power considers various criteria, including a company's entire assets as well as previous growth or loss tendencies. Earning power also takes into account indicators like a company's return on assets, or its capacity to create profit from its assets, as well as its return on equity.
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from a strategy-making perspective, a company’s resource strengths are important because of ____________.
From a strategy-making perspective, a company’s resource strengths are important because of is something that the company lacks, or does poorly, in comparison to rivals, or a condition that puts it at a disadvantage in the marketplace.
Every technological system makes use of seven kinds of resources: human beings, data, materials, tools, machines, energy, capital, and time. Since there may be a confined quantity of positive assets on the earth, we should use those sources wisely.
Oil, coal, herbal gasoline, metals, stone, and sand are herbal assets. Different natural sources are air, sunlight, soil, and water. Animals, birds, fish, and vegetation are herbal assets as nicely. Natural assets are used to make food, gasoline, and raw substances for the manufacturing of products.
Virtually, water is the maximum ample resource on this planet. About 72 percent of our planet is covered with water. The human race is crowded onto only slightly extra than 1 / 4 of our planet's surface, but without the water that consumes the relaxation of space, the human race could perish.
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bissell allocated 10% of their projected 2019 sales to advertising, which budgeting method does that describe? bissell allocated 10% of their projected 2019 sales to advertising, which budgeting method does that describe? competitive parity return on investment objective and tasks percentage of sale
"Bissell allocated 10% of their projected 2019 sales to advertising" is an example of the (C) percentage-of-sales budgeting method.
What is Percentage-of-sales?The percentage-of-sales approach calculates the percentage of sales by dividing the firm's historical annual promotional budget by historical sales. The budget for that year is then calculated by multiplying that proportion of sales by the anticipated sales for the next year.Calculate your period's expenses and total sales. Subtract your costs from your total sales. Add 100 to your result.The amount of finance required to boost sales is determined using the percentage of sales technique. The technique enables the production of both an income statement and a balance sheet.As an illustration of the percentage-of-sales budgeting approach, Bissell allocated 10% of their anticipated 2019 sales to advertising.Therefore, "Bissell allocated 10% of their projected 2019 sales to advertising" is an example of the (C) percentage-of-sales budgeting method.
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Correct question:
Bissell allocated 10% of their projected 2019 sales to advertising, which budgeting method does that describe?
a. Competitive-parity
b. Return on investment
c. Percentage-of-sales
d. All of the above
jamya drove a car a total of 25,000 miles in 2022, of which 17,500 were for business and 7,500 were personal use. jamya incurred $5,000 in lease payments, $2,500 in fuel, $2,000 in insurance, and $150 for license and registration of the vehicle. what is the business use percentage for this vehicle?
The business use percentage for this vehicle is 70%. The cost incurred for business purposes is $6755
Use of your vehicle for business purposes includes, but is not limited to, utilizing it to carry out your line of work or profession. This includes transporting anything you need for work (such a laptop, samples, or papers), but not supplies. A lawyer driving his own car to client meetings, a realtor driving her own car to house showings, etc. are examples of business use classification.
Total miles driven = 25000
Miles drove for business = 17500
Miles drove for personal use = 7500
Percentage of miles driven for business use = 17500/25000*100 = 70%
Cost of lease payment = $5000
Cost of fuel = $2500
Cost of insurance = $2000
Cots of license and registration = $150
Total cost = $9650
So, cost incurred for business purpose = 9650*70% = $6755
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the result of adding additional assets to a portfolio, when the returns of the individual assets are non-correlated.
The result of adding additional assets to a portfolio is when the returns of the individual assets are non-correlated. to risk premium.
An economic entity or a business can own or control any resource as an assets. It is anything that has the potential to generate gains in terms of the economy. Assets are ownership value that can be exchanged for cash. A portfolio is an assortment of financial investments such as stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange-traded funds. Most people think that the three main components of a portfolio are stocks, bonds, and cash. Intangible assets like patents, royalties, and other intellectual property are included in the category of assets along with tangible items like machinery, real estate, raw materials, and inventory. The name of the thing itself is derived from the Italian for a case meant for carrying loose papers.
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when a firm is facing high pressure for local responsiveness and low pressure for cost-reductions, the firm is likely to adopt a(n) strategy according to the integration-responsiveness framework.
When a firm is facing high pressure for local responsiveness and low pressure for cost-reductions, the firm is likely to adopt a transnational strategy according to the integration responsiveness framework.
A transnational strategy is a plan of action by which a company decides to carry out its operations across international boundaries. With the help of this strategy, the company's activities and assets are linked to every country where it conducts business.
The centralization advantages of a global strategy are presented by this strategy. However, transnational business strategy is different from multinational, global and international company strategies.The goal of a transnational strategy is to excel both at local responsiveness and global inclusion. This strategy aims to capitalise on the advantages of conducting business internationally.
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the stock offering is best described as a a] because the winning price is a function of required to sell all the shares
An offering is the issue or sale of a security by a company. It is often used in reference to an initial public offering (IPO) when a company's stock is made available for purchase by the public, but it can also be used in the context of a bond issue.
In public relations and verbal exchange technological know-how, publics are organizations of man or woman human beings, and the public (a.Ok.A. Most of the people) is the totality of such groupings.[1][2] this is a unique concept to the sociological idea of the Öffentlichkeit or public sphere.[1] The concept of a public has also been defined in political science, psychology, advertising, and marketing. In public family members and verbal exchange technological know-how, it's miles one of the more ambiguous principles in the area.[3] even though it has definitions within the theory of the sector that have been formulated from the early 20th century onwards, and suffered greater current years from being blurred, due to conflation of the idea of a public with the notions of target audience, market phase, network, constituency, and stakeholder.
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Group level reward systems in which employees are gradually given a major stake in the ownership of corporation.
Employee stock ownership plans (ESOPs) are a major stake in the ownership of a corporation.
A business enterprise is a corporation—usually a group of human beings or an organization—legal by means of the country to behave as an unmarried entity (a felony entity identified by private and public law "born out of statute"; a legal individual in a legal context) and diagnosed as such in regulation for sure purposes. 10 Early included entities have been hooked up with the aid of a charter (i.e. via an ad hoc act granted with the aid of a monarch or exceeded via a parliament or legislature). maximum jurisdictions now allow the introduction of recent corporations through registration. corporations come in many different sorts but are usually divided through the regulation of the jurisdiction in which they are chartered based totally on two components: by means of whether they could trouble stock, or with the aid of whether they are fashioned to make a profit.
where neighborhood law distinguishes companies with the aid of their capability to trouble inventory, organizations allowed to do so are referred to as stock companies; one type of investment inside the organization is through inventory, and proprietors of inventory are referred to as stockholders or shareholders. corporations no longer allowed to have difficulty stock are called non-inventory corporations; i.e. folks that are taken into consideration as the owners of a non-inventory business enterprise are humans (or other entities) who have acquired clubs within the corporation and are called a member of the corporation.
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is the average price of a new one family home is 306, 122 with a standard deviation of 17,800 find the minimum and maximum prices of the houses that a contractor will build to satify the middle 70% of the makret
The minimum prices of the houses is 287,610 and the maximum prices of the houses is 324,634
How to find the minimum and the maximum prices of the houses?First, find the critical value of z in each side. So, 70% in the middle leaves 30% on both side or 15% in each side.
Thus, z is at the 85th percentile and -z is at the 15th percentile. Look on z table and we get the closest is 1.04.
That is -z is -1.04 and z is 1.04
Next, use the formula to calculate the minimum and the maximum prices
For -z
(x-μ)/σ = -1.04
x = μ - 1.04 * σ
x = 306,122 - 1.04 * 17,800
x = 287,610
For z
(x-μ)/σ = 1.04
x = μ + 1.04 * σ
x = 306,122 + 1.04 * 17,800
x = 324,634
For more precise results, you can use excel as in the attached image.
Thus, the minimum prices of the houses is 287,610 and the maximum prices of the houses is 324,634
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an issue in creating advertising messages is the complex process of blank . multiple choice question. coming up with ad advertising budget translating the copywriter's ideas in an actual ad specifying the advertising objectives. deciding whether to use informational or persuasive elements
The difficult process of turning the copywriter's concepts into an actual ad that specifies the advertising objectives is a problem when developing advertising communications.
An idea that an advertiser wishes to convey to their target audience is called an advertising message. Its objective is to persuade users to carry out a specific activity, such as registering, making a purchase, or booking a reservation.
A marketing message serves as a link between your brand and its customers and potential customers. Brands may develop dependable and enduring relationships with their audience by delivering the right message at the appropriate time and to the appropriate audience.
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10. a market is initially in a long-run equilibrium and there is a permanent increase in demand. after the new long-run equilibrium is reached, there
A market is initially in long-run equilibrium and there is a permanent increase in demand. after the new long-run equilibrium is reached, there are more firms in the market.
The handiest 3 sorts of stresses can exchange the composition of an equilibrium mixture: (1) a trade within the concentrations (or partial pressures) of the additives through including or removing reactants or products, (2) an exchange in the overall strain or volume, and (three) an alternate in the temperature of the gadget.
Shares seesawed ever decrease until expenses determined a few new stages of equilibrium. For the financial system to be in equilibrium, profits have to equal expenditures. I paused in the hall to take 3 deep breaths to restore my equilibrium. He had recovered his equilibrium or even his excellent humor, in some way.
Natural equilibrium manner the repute wherein in a particular location and equilibrium happens between the interactions of the guy, the elements of living nature, and the system of habitat situations created by means of the elements of inanimate nature, pattern 1.
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When consumers are less confident about their jobs or incomes, they are more likely to.
When customers are much less assured approximately their jobs or incomes, they may be much more likely to: Reduce purchases of long lasting items than nondurable items.
The required details for durable goods in given paragraph
A long lasting good or a difficult good or patron long lasting is a good that doesn't quick put on out or, greater specifically, one which yields utility over the years instead of being completely fed on in a single use. Items like bricks might be taken into consideration flawlessly long lasting items due to the fact they have to theoretically in no way put on out. Highly long lasting items such as refrigerators or cars generally remain beneficial for numerous years of use, so long lasting items are generally characterized via way of means of lengthy intervals among successive purchases. Durable items are recognized to shape an vital a part of monetary manufacturing. This may be exemplified from the reality that private costs on durables surpassed the overall cost of $800 billion in 2000. In the 12 months 2000 itself, long lasting items manufacturing composed of about 60 percentage of mixture manufacturing within side the production quarter within side the United States.
Examples of patron long lasting items include bicycles, books, family items (domestic appliances, patron electronics, furniture, tools, etc.), sports activities equipment, jewelry, scientific equipment, and toys. Nondurable items or gentle items (consumables) are the alternative of long lasting items. They can be described both as items which can be right away fed on in a single use or ones which have a lifespan of much less than 3 years.
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which of these is one of the two goals to product development?
1 insurance
2 improvement
3 sales
4 quantity
Option 2, is one of the important goals in product development, because it represents the fundamental aim of the production of a particular good, since the better the good, the higher the demand, thereby increasing sales.
What are sales?
Sales refers to a transaction between two or more parties that involves the exchange of goods which could either be tangible or not, rendering of services, for money. Cash is either paid to a seller, or an asset can be given.
in essence, sales is represents a contract between a seller of a particular good or service and a buyer who is in need of the good or service, and is willing to pay for that good or service.
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you have just landed an internship in the cfo's office of hawkesworth inc. your first task is to estimate the year 1 cash flow for a project with the following data. what is the year 1 cash flow? sales revenues $13,000 depreciation $4,000 other operating costs $6,000 tax rate 25.0%
When calculating taxes, depreciation is subtracted. It is a non-monetary expense. Therefore, it will be returned to the annual cash flow calculation.
What is meant by "depreciation"?Due to use, wear and tear, or becoming obsolete, an asset loses value over time. Depreciation is the measurement of this decrease. Description: Devaluation, for example a lessening in a resource's worth, might be brought about by various different variables too, for example, troublesome economic situations, and so on.
13000 fewer sales:
operating expenses: 6,000
less: Depreciation.-4000
EBIT 3000 less:
Taxes (35 percent) -1050
Net income 1950
Add: The anticipated one-year cash flow is $5,950.00, which includes depreciation of $4,000
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schultz industries is considering the purchase of arras manufacturing. arras is currently a supplier for schultz and the acquisition would allow schultz to better control its material supply. the current cash flow from assets for arras is $7.1 million. the cash flows are expected to grow at 10 percent for the next five years before leveling off to 4 percent for the indefinite future. the costs of capital for schultz and arras are 11 percent and 9 percent, respectively. arras currently has 2.5 million shares of stock outstanding and $22 million in debt outstanding. what is the maximum price per share schultz should pay for arras?
The market value of the equity is the market value of the company minus the market value of the debt.
What is a banking system?A bank is a type of financial institution authorized to grant loans and accept deposits for checking and savings accounts. Individual retirement accounts (IRAs), certificates of deposit (CDs), currency exchange, and safe deposit boxes are other services that banks offer.Retail banks, commercial or corporate banks, and investment banks are just a few of the several sorts of banks.Since the fourteenth century, at least, banks have existed. They give customers and business owners a secure place to store their cash as well as a way to get loans for both personal and professional endeavors.Banks provide loans and charge interest on them using the money that is deposited.Since the Medical family began dabbling in banking during the Renaissance, the basic business model hasn't changed much, but the variety of products that banks offer has expanded.According to our question-
Current cash flow = $7.1 million.
Growth rate = 7% for 5 years before leveling off to 4% for the indefinite
future.
Costs of capital
For Schultz = 11%
For Arras = 9%
Arras shares = 3 million in stock outstanding
Arras Shares $25 million in debt outstanding.
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. a(n) shows the relationship between national income (gdp) and total spending (question is worth 10 points). a) balance sheet b) expenditure schedule c) consumption curve d) demand schedule
Consumption curve, is an economic formula that represents the functional relationship between total consumption and gross national income.
What is Consumption curve ?The income-consumption curve is a curve in a graph where the quantities of two items are displayed on the two axes in economics, and specifically in consumer choice theory. The curve is the locus of points representing the consumption bundles chosen at each of several income levels.The change in consumption brought on by a change in real income is known as the income impact in economics. Both external sources of income and income freed up by a decrease in the cost of an item that is being purchased can account for this shift in income.The income-consumption curve, illustrates the impact of the former sort of change in available income, while the substitution effect and the impact of existing income that is released as a result of a price decrease are also discussed.Prices, financial income, and customer preferences are key factors in resolving the consumer optimization dilemma. Comparative statics of consumer behaviour looks into how selected values of endogenous, or dependent, variables are affected by changes in exogenous, or independent, variables.To learn more about Consumption curve refer :
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Writing rapidly with intent to rewrite certain portions can be frustrating and can reduce the quality of the finished work.
It is not a good technique to write rapidly because it reduces the chances of successfully communicating your thoughts, even if you plan to go back and rewrite certain portions.
True
False
Writing rapidly with the intent to rewrite certain portions can be frustrating and can reduce the quality of the finished work. It is not a good technique to write rapidly because it reduces the chances of successfully communicating your thoughts, even if you plan to go back and rewrite certain portions. this statement is false.
Communication (from Latin: communicate, meaning "to share" or "to be in relation with")is commonly described because of the transmission of information. The time period also can refer simply to the message communicated or to the sector of inquiry analyzing such transmissions. There are many disagreements approximately its precise definition. John Peters argues that the problem of defining conversation emerges from the reality that conversation is each a universal phenomenon (due to the fact all and sundry communicate) and a unique discipline of institutional educational study.
One definitional method includes proscribing what may be covered withinside the class of conversation (for example, requiring an "aware intent" to persuade). By this logic, one feasible definition of conversation is the act of developing meaning among entities or groups thru the usage of sufficiently jointly understood signs, symbols, and semiotic conventions.
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suppose the federal reserve sets the reserve requirement at 12%, banks hold no excess reserves, and no additional currency is held.
The money multiplier, based on the information provided, is 8.33 times.
Money multiplier a. Money multiplier is 1 divided by the reserve ratio
multiplier=1 divided by 0.12
8.33 times the multiplier
c. The total money supply is 80 + 8.33.
$666.4 million is the total money supply.
b. The total money supply equals 500 / 8.33.
Total supply of money is $60 million.
Conclusion: The multiplier for money is 8.33.
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Rheneas wants to ensure his management team is aware of the common causes for failed enterprise system implementations before they begin their own. He points out to the team that _____.
He points out to the team that the failure rate for ERP implementations worldwide is 21 percent.
What is ERP?ERP refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, failure management and compliance, and supply chain operations. For example, in the supply chain industry, an ERP system can automatically perform financial analysis, predict future inventory needs, and keep inventories at healthy levels. This process control ensures that production departments are optimally utilized and that products in demand are in stock. At its core, ERP is an application that automates business processes and provides insight and internal control utilizing a central database that gathers information from departments such as accounting, manufacturing, supply chain management, sales, marketing, and human resources (HR).To learn more about ERP from the given link :
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metallica bearings, inc., is a young start-up company. no dividends will be paid on the stock over the next 7 years because the firm needs to plow back its earnings to fuel growth. the company will then pay a dividend of $13.00 per share 8 years from today and will increase the dividend by 6 percent per year thereafter. the required return on the stock is 14 percent. what is the price of the stock 7 years from today? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
The current stock price is $65 with the required rate of return as 14%, dividend as $13.00 per share for a period of 8 years.
What is dividend growth model?Investors can use the dividend growth model, a mathematical technique, to calculate a realistic fair value for a company's stock based on its present payout and anticipated dividend growth in the future.
The dividend growth model's fundamental formula is as follows:
Price = Current annual dividend ÷ (Desired rate of return-Expected rate of dividend growth)
This method can be a useful tool for calculating a stock's fair price depending on several possible outcomes.
To solve the question :
Given,
In eight years, the corporation will pay a dividend of $13.00 per share, and each year following that, it will grow by 6%. If this stock requires a 14 percent return.
Therefore, the value of next dividend is $13.00, and it will increase with the rate of 6% i.e growth rate = 6% = 0.06
The required rate is 14% = 0.14
As we will use the dividend in Year 8, we will be finding the stock price in Year 7.
Now calculate the stock price for next 7 years (P7) :
P7 = Next dividend/(required rate-growth rate)
P7 = $13.00/(0.14 - 0.06)
P7 = $13.00/0.08
P7 = $162.50
Now calculate the current stock price as shown:
Current stock price = P7/ (1 + required rate of return)^{7}
= $162.50/ (1 + 0.14)^{7}
= $162.50/ (1.14)^{7}
= $162.50/ 2.50
= $65
Therefore, the current stock price is $65
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a men's tie store sold an average of 30 ties per day when the price was $6 per tie. the same store sold 60 of the same ties per day when the price was $3 per tie. in this case, the absolute value of the price elasticity of demand, is:
According to the given information, the absolute value of the price elasticity of demand, is - 2.0151 (more than 1 but less than 3).
With the midpoint method, the change in quantity is divided by the average of the initial and final quantities divided by the change in price divided by the initial and final prices to determine price elasticity of demand (Ep).
Ep = [tex]\frac{(Q2-Q1)}{(Q1+Q2)/2}[/tex] ÷ [tex]\frac{(P2-P1)}{(P1+P2)/2}[/tex]
Ep = [tex]\frac{(30-60)}{(30+60)/2}[/tex] ÷ [tex]\frac{(6-3)}{(6+3)/2}[/tex]
Ep = - (-60/45) ÷ (3/4.5) = - 2.0151
The negative sign here denotes that the relationship between the change in quantity and the change in price is inverse. As a result, demand's price elasticity is always negative.
A measure of a product's change in consumption in response to a change in price is called price elasticity of demand.If the price elasticity is infinite, then a good is perfectly elastic.A good is elastic if its price elasticity exceeds 1; it is inelastic if it is less than 1.A good is completely inelastic if its price elasticity equals zero (no price change, no matter how small, results in a change in demand).Unitary elasticity refers to price elasticity that is exactly 1 (a change in price causes a change in demand that is exactly the same percentage).Learn more about Price elasticity of demand, here
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in a certain store, there is a .03 probability that the scanned price in the bar code scanner will not match the advertised price. the cashier scans 800 items. (a-1) what is the expected number of mismatches? (a-2) what is the standard deviation? (round your final answer to 4 decimal places.) (b) what is the approximate normal probability of at least 20 mismatches? (round the z-value to 2 decimals. use appendix c-2 to find probabilities. round your final answer to 4 decimal places.) (c) what is the approximate normal probability of more than 30 mismatches? (round the z-value to 2 decimals. use appendix c-2 to find probabilities. round your final answer to 4 decimal places.)
(a) The required standard deviation is 4.7886
(b) The required probability is 0.8944
(c) The required probability is 0.0721
Moreover, we have probability (p) = 0.03
sample size (n) = 788
putting the value n = 788 and p = 0.03, we get
Standard deviation = \sigma = \sqrt(n*p*q)
where n=788, p = 0.03 and q = 1- p= 1-0.03 = 0.97
so, required standard deviation is 4.7886
(b) Probability of at lest 18 mismatches
putting the value of \bar{x} = 18, \mu = 24, \sigma = 4.7886
P(Z\ge18) = (18-24)/(4.7886) = -6/4.7886 = -1.25 so, P(Z\ge-1.25) = P(Z<1.25) = 0.8944. Using normal standard deviation table So, the required probability is 0.8944
(c) Probability of more than 31 mismatches
putting the value of \bar{x} = 31, \mu = 24, \sigma = 4.7886
P(Z>31) = (31-24)/(4.7886) = 7/4.7886 = 1.46
so, P(Z>1.46) = 1-P(Z<1.46) = 1- 0.9289 = 0.0721(Using normal standard deviation table) So, the required probability is 0.0721.
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if you think that the dollar is going to appreciate against the euro, you should group of answer choices buy put options on the euro. sell call options on the euro. buy call options on the euro. both a and b none of the options
You should purchase call options on the euro if you believe that the dollar will strengthen versus the common currency.
How can currency risk be reduced with options?An alternative strategy for managing currency risk is to create a synthetic forward contract using the money market hedge. currency futures Currency futures are used to hedging exchange rate risk because they trade on an exchange and don't require upfront margin.
What are call and put currency options?A put option grants the right to sell, whereas a call option grants the right to buy. Every time there is a currency exchange, one currency is purchased and another is sold. Taking the opportunity to exchange Indian rupees for US dollars as an example (INR).
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rafferty was the principal shareholder in continental corporation, and as a result, he received the lion's share of continental corporation's dividends. continental corporation was anxious to close an important deal for iron ore products to use in its business. a written contract was on the desk of stage corporation for the sale of the iron ore to continental corporation. stage corporation, however, was cautious about signing the contract, and it did not sign until rafferty called stage corporation on the telephone and stated that if continental corporation did not pay for the ore, he would pay. business reversals struck continental corporation, and it failed. stage corporation sued rafferty. what defense, if any, has rafferty?
Stage Corporation will have access to the main purpose doctrine, which has the power to bind Rafferty to his verbal commitment.
What is doctrine?As the core of teachings in a particular field of study or belief system, doctrine is a codification of beliefs or a body of teachings or instructions, taught concepts, or positions.
"Catechism" is the etymologically equivalent Greek word.
So, in the given situation:
Suretyship Clause: Main Objective Doctrine
Rafferty's position is that his oral promise to pay for the iron ore constituted a contract to guarantee the payment of another's obligation, which must be in writing to be enforceable under the statute of frauds. The debt or liability of Continental Corporation was collateralized by Rafferty's verbal agreement to pay it. Although Rafferty was the majority stakeholder in Continental Corporation, his guarantee cannot be regarded as an original promise or undertaking. However, Stage Corporation will be able to use the main purpose concept to compel Rafferty to keep his verbal promise.Therefore, stage Corporation will have access to the main purpose doctrine, which has the power to bind Rafferty to his verbal commitment.
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samsung placed an ad in rolling stone magazine announcing the galaxy tab, the world's thinnest tablet computer. the ad focused on the benefits that it offered based on common customer needs. samsung is using a(n) objective for its ad.
Samsung would be using an informing objective for its ad, the world's thinnest tablet computer.
Trying to show why this brand is superior to competitors would be the goal of a persuasive argument. To inform, convince, and remind consumers are the three main goals of advertising. Awareness of brands, goods, services, and concepts is raised via informative advertising. It can inform consumers about the characteristics and advantages of new or old items, as well as introduce new programs and products.
New product promotion: When a company has a new product, it may utilize educational advertising to let the public know about the change. The brand may develop knowledgeable consumers who are interested in the product by focusing on the unique attributes of the product—what need or want it might address.
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sometimes consumers have difficulty retrieving a specific piece of information because other related information in memory gets in the way, which is an effect referred to as .
When consumers have difficulty retrieving a specific piece of information due to other related information is interference.
When consumers experience memory interference, they struggle to retrieve a certain piece of knowledge because other relevant information interferes with it. Marketers employ a variety of tactics to lessen the impact of rival advertising, such as avoiding it, enhancing early learning, decreasing similarities to rival commercials, and offering external retrieval cues.
Thus, when customers struggle to recall a certain piece of information because other pertinent information in their memory gets in the way, this interference phenomenon takes place. According to a notion, short-term memory might interfere with long-term memory, causing the latter to be lost and impossible to retrieve.
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if a plaintiff introduces evidence of bills, receipts, invoices or other documentary evidence of their injury the plaintiff is attempting to prove:
If the plaintiff introduces all the documentary evidence of their injury the plaintiff is attempting to prove Special Damages
What are special damages? How it is different from consequential damages?
Special damages, often known as out-of-pocket expenses, are damages that were sought after and/or granted in a lawsuit due to the defendant's breach of contract, carelessness, or other unlawful behavior. Medical costs, property repairs and replacement, lost pay, and other non-speculative or objective damages are examples of special damages.
Difference between consequential damages and special damages
In contrast, special damages would include all other damages. In contract special damages and "consequential" damages are virtually interchangeable. In this context the losses flowing out of the breached contract could be compensated for as special damages
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