select all that apply sparky's incorrectly included inventory that was on consignment in its ending inventory count. consequently, the ending inventory was overstated on the balance sheet. explain how this error will affect this year's income statement. (check all that apply.) multiple select question. this year's net income will be too low. this year's cost of goods sold will be too high. this year's cost of goods sold will be too low. this year's net income will be too high.

Answers

Answer 1

There are two multiple answer.

(1) This year cost of goods sold will be too low.

(2) This net income will be too high.

What is Net Income?

Sales are subtracted from cost of goods sold, marketing, generally and administration costs, operating costs, depreciation, interests, taxes, and other costs to arrive at net income, also known as net profits. Investors might use this figure to gauge the extent to which an organization's income outpaces its costs. This figure may be found on an organization's income statement and serves as a gauge of profitability. Another term for income is "net income," which is the amount earned after deducting taxes. Because costs can be masked by accounting techniques or revenues might be artificially exaggerated, investors should carefully examine the data used to compute net income.

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Related Questions

our campaign recently doubled its attributed revenue on half of its typical purchase volume, while media spend also doubled in the same time period. what happened to roas and average order value (aov)?

Answers

When the campaign recently doubled , the effect on ROAS and Aov will have  ROAS increased 2x, AOV increased 2x

The revenue doubled and the add spent also doubled

Option A is correct .

What's a 2x ROAS?

Principally, this means that you 2x every bone that you spend on your advertisements. In this case, we are looking at ROAS using a multiple, but you can also calculate ROAS and express it as A chance( 200) A rate( 21), or. A bone quantum($ 2)

Return on advertising spend :

Return on advertising spend( ROAS) is an important crucial performance index( KPI) in online and mobile marketing. It refers to the quantum of profit that's earned for every bone spent on a crusade.

Average order value :

The Average Order Value is calculated by dividing the total profit by the number of orders placed. frequently, this metric will be calculated yearly( i.e. total profit from the month divided by total orders placed that month), but it can also be calculated daily or indeed daily.

Question is incomplete, missing part is given below :

The campaign recently doubled its attributed revenue on half of its typical purchase volume, while media spend also doubled in the same time period. What happened to ROAS and Average Order Value (AOV)?

a. ROAS increased 2x, AOV increased 2x

b. ROAS stayed the same, AOV increased 2x

c. ROAS stayed the same, AOV increased 4x

d. ROAS increased 4x, AOV increased 2x

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the small country of benin has many international trading partners between not only countries close by, but also larger countries such as the u.s. what is one of the benefits that benin receives from lowering its trading barriers?

Answers

One of the benefits is that workers and firms in the country can now specialize in areas because other goods and services are found through trade.

Following the global financial crisis, weak productivity growth in many advanced and developing market economies is raising questions about future development prospects.

According to recent study, lowering restrictions on international trade and foreign direct investment (FDI) could increase output and productivity.

Lowering trade barriers has been a stale effort, but a campaign for new deals hopes to change that.

Productivity and growth are at the top of policymakers' agendas thanks to the recent Trans-Pacific Partnership (TPP) agreement between the United States, Japan, and 10 other Pacific Rim nations as well as the ongoing Transatlantic Trade and Investment Partnership (TTIP) talks between the U.S. and Europe.

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the executives of anaplan inc., a large conglomerate, are making decisions on the stages of the industry value chain the firm must participate in, the range of products and services it should offer, and the global markets it should compete in. what are the executives primarily determining?

Answers

The range of products and services it should offer, and the global markets it should compete in. The boundaries of the firm are the executives primarily determining.

Global marketing is described as "marketing on a global scale harmonizing or taking global operational differences, similarities and opportunities to achieve global objectives." Marketing goods, services, and solutions to clients locally, nationally, and worldwide falls under the umbrella of global marketing, a subfield of general business management.

When a company operates worldwide or across international borders, they are using marketing principles internationally. A company can enter the market by exporting its goods to other countries, entering the market through a joint venture with another company domestically, or by attracting foreign direct investment. The growth of the Global marketing mix is dependent on international marketing.

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which of the following is not an example of globalization? a. mcdonald's expansion into china b. fifa (international federation of association football). c. the worldwide dominance of english d. japanese cars assembled in thailand

Answers

Tariffs imposed on foreign automobiles is not an example of globalization.

Tariffs are not imposed on foreign automobiles rather they are imposed on domestic consumers while importing products. Although domestic consumers pay tariffs rather than the exporting nation, they have the effect of increasing the relative pricing of imported goods.

Globalization is the interaction and integration of individuals, organisations, and governments on a global scale. The expansion of international trade and the sharing of ideas, beliefs, and cultures are both results of the increase in global relationships. Globalization largely involves economic connection and integration, but it also has social and cultural implications.

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Complete question is:

Which of the following is NOT an example of globalization?

McDonald's expansion into China

FIFA (International Federation of Association Football)

the worldwide dominance of English

Japanese cars assembled in Thailand

tariffs imposed on foreign automobiles

fitzgerald oil and gas incurred costs of $9.24 million for the acquisition and development of a natural gas deposit. the company expects to extract 4.00 million cubic feet of natural gas during a four-year period. natural gas extracted during years 1 and 2 were 800,000 and 900,000 cubic feet, respectively. what was the depletion for year 1 and year 2?

Answers

$1804000 is the depletion in Year 1.

$2024000 is the depletion in Year 2.

Depletion expenses per cubic feet=Cost incurred/No. of cubic feet extracted

Depletion expenses per cubic feet        

9240000/4200000 =  2.2

Year 1 Depletion        

820000*2.2 = $1804000    

Yer 2 Depletion            

920000*2.2 = $2024000

The depletion rate is a price against income for the usage of natural sources.

The depletion concept is most commonly used in the mining, wooden, and oil and gasoline industries, where exploration and development prices are capitalized, and depletion is wanted as a logical system for charging these charges to fees.

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gdp is the: multiple choice market value of an economy's production of final goods and services in a one year period. sum of coins, bills, and demand deposits circulating in an economy one year period. total expenditures of the federal government over the period of one year. market value of an economy's production of all goods and services in a one year period.

Answers

The total value of all finished products and services produced in an economy during a specific time period—typically a year—is measured as GDP.

GDP is calculated as the sum of government spending, investment spending, and net exports.Intermediate goods are not included in the GDP.Therefore, it is not the market value of all commodities and services produced by an economy over the course of a year.Federal government’s overall spending Government spending is what is done over the course of a year.

The entire market value of all the FINAL goods and services produced in a nation over a given time period, often a year, is known as the gross domestic product (GDP).The inclusion of the word “FINAL” in this context is crucial since OVERSTATING would result from counting intermediate items.For instance, if Toyota purchases iron from Parrain Mining to produce automobiles, the cost of the car itself—rather than the cost of the iron from Parrain—will be used to compute GDP.

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a trade association is a type of – because only businesses, not individuals, can constitute the membership. the sierra club is an example of a – due to its more than two million individual members.

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Trade associations fall under the category of peak associations since only corporations, not individuals, may join. The Sierra Club, that has more than 2 million individual members, is just a sample of a mass association.

Peak associations refer to specific organisational kinds since they effectively represent the largest groups in a nation for that organization's field of interest. They are typically created to provide standards and procedures, or to represent all representatives when lobbying government officials or advancing the interests of the members.

Mass association is refers to a group or assembly of individuals and not organizations, each individual speaks for himself and not on behalf of an organization.

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Identify the sentence type:
Although the team was meeting, the team members were feeling overwhelmed and exhausted.
Select an answer:
complex
compound
compound/complex
simple

Answers

The sentence has compound sentence.

A compound sentence is one that joins two independent clauses with a conjunction, most frequently and or but. They work best when integrating two or more independent, connected sentences into one.Compound sentences speed up your writing and join related concepts together, but they also contain a few more restrictions that must be followed. This fast lesson explains how to employ them effectively to offer your writing a competitive advantage.Compound sentences, as we said in our article on how to build better sentences, combine two or more independent clauses. Independent clauses, or clauses that can stand alone as separate sentences, are the key in this situation. A compound sentence essentially combines several separate, connected sentences into one.

Thus the correct answer is B.

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Alex purchases a computer from dell to be delivered via fed ex. Dell delivers the computer to fed ex to be shipped to alex. During the delivery, the fed ex driver is having a bad day and just throws the boxes out the window of the delivery truck rather than setting the box by the front door as is standard practice. While throwing the computer it is damaged. Would dell be responsible for the damage to the computer?.

Answers

Alex purchases a computer from Dell, and it is delivered by Fed Ex.  When thrown, the PC suffers damage. No, because ownership of the object passes to the buyer the moment a common carrier gets it.

A private or public organisation that moves people or products from one location to another for a fee is referred to as a common carrier under U.S. law. Public utilities and telecommunications services are also referred to using this phrase.

A company or organisation that provides transportation services for people, commodities, or communications to the general public

the act of moving people or things from one location to another using a variety of ways is called transportation. An indicator of civilization and particularly of technical advancement is the increase in the capacity—and the requirement—to move vast amounts of cargo or big populations over great distances at high speeds in safety and comfort.

Numerous articles discuss transportation. See energy conversion to learn about the main forms of propulsion utilised in contemporary modes of transportation. See military technology for details on vehicles used in combat.

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when an economy is operating at a point on its production possibilities frontier, then group of answer choices consumers are content with the mix of goods and services that is being produced. there is no way to produce more of one good without producing less of the other. equal amounts of the two goods are being produced. all of the above are correct.

Answers

When an economy is operating at a point on its production possibilities frontier, then consumers are content with the mix of goods and services that are being produced.

The PPF captures the concepts of scarcity, choice, and tradeoffs. The shape of the PPF relies upon whether there are growing, lowering, or consistent charges.

Points that lie at the PPF illustrate combos of output that might be productively efficient.

The basic assumptions of the manufacturing possibility curve are: The assets are given and continue to be consistent. The era used inside the production method remains regular. The sources and technology are fully and efficiently utilized.

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18) which of the following represents total saving for an economy? a) the sum of private saving and fixed investment b) the sum of private saving and consumption c) the sum of taxes and government spending d) the excess of taxes over government spending e) none of the above

Answers

Which of the following represents total saving for an economy: e) none of the above.

What is an economy?

An economy can be defined as a function of how the various means of production, money, including scarce resources and raw materials are carefully allocated and used to facilitate the demand and supply of goods and services in a country, so as to meet the unending needs or requirements of consumers.

What is total saving?

In Economics, total saving can be defined as a sum total of the periodic contributions that are to be made by individuals under a given savings contract, as well as the bonuses that are payable to all qualified beneficiaries.

In conclusion, the total saving for an economy can be calculated by dividing the excess of national income by both consumption and taxes.

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You’ve decided to give the department with the most participation in the united way campaign a pizza party. When you ask your supervisor for the funding for the pizza, what reason do you give to support your decision?.

Answers

Goals can be a source of motivation for employees, especially when they come with rewards, like the pizza party in this example. This is the justification you give for your choice.

Setting goals helps employees stay motivation for employees because, if they succeed, they justification will receive recognition and rewards. This in turn inspires the other staff members and contributes to the expansion of the company. Goals and Motivation There is a strong relationship between goals and motivation.

One of the most influential and useful motivation for employees of motivation is the theory of goal-setting. In fact, it received the highest ranking (out of 73 ideas) in a survey of justification organizational behavior scholars (Miner, 2003). Setting goals is strongly associated with performance increases, according to the idea, which has received support from over 1,000 studies involving individuals from the blue-collar to the research and development industries.

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a toaster oven company is trying to project future market trends for its industry. in order to see industry-wide information, data, and projected trends, what is the best type of secondary research vehicle this company should use?

Answers

Industry associations and professional journals are the best type of secondary research vehicle this company should use.

A sort of study called "secondary research" refers to information that has already been obtained, arranged, and published by someone else. Reports and studies from governmental organizations, professional associations, and other companies operating in your sector are included. So for approaching Industry-wide information the toaster oven company can depend upon associations and journals which is the best secondary research method.

Books, personal sources, journals, newspapers, websites, government documents, and other sources are examples of secondary data sources. There are several locations where you can get secondary data for free. These include both internal and external sources, including business sales and analytics data, sector-or government-specific publications, and publicly available market research polls.

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in general, the optimal level of pollution to either prevent or to clean up occurs where the marginal benefit of preventing pollution(one word) the marginal cost of preventing pollution.

Answers

In general, the optimal level of pollution to either prevent or to clean up occurs where the marginal benefit of preventing pollution equals the marginal cost of preventing pollution.

What is pollution?

Pollution simply refers to the contamination, destruction, or physical degradation of an environment, especially through the littering of waste products (garbage) by humans or an emission of hazardous chemical compound (substances) by various industries.

What is marginal cost?

Marginal cost can be defined as the additional amount of money that is paid by a business firm for the production of an additional unit of a good (product) or service.

Generally speaking, we can reasonably infer and logically deduce that an optimal level of pollution in either preventing or cleaning up a physical environment typically occurs at the point where the marginal benefit (MB) of preventing pollution is equal to the marginal cost (MC) of preventing pollution.

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if a check correctly written and paid by the bank for $512 is incorrectly recorded in the company's books for $443, how should this error be treated on the bank reconciliation?

Answers

This error is treated on the bank reconciliation by subtracting $69 from the book balance.

In secretary, a bank conciliation is a process by which the bank account balance in a reality’s books of account is conformed to the balance reported by the financial institution in the most recent bank statement. Any difference between the two numbers needs to be examined and, if applicable, remedied. Bank Reconciliation is an important process in accounts in which associations match their bank statements with the deals that are recorded in their general tally. Preparing a bank conciliation statement helps businesses to exclude possible crimes in deals or bookkeeping.

There are five primary types of account conciliation bank conciliation, seller conciliation, business-specific conciliation, intercompany conciliation, and client conciliation.

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a 20-year old property sells for $240,000. if the lot is worth $100,000 and the building would cost $200,000 to reproduce, what is the annual rate of depreciation as indicated by the market?

Answers

2%  is the annual rate of depreciation as indicated by the market.

First, we have to determine the value of the structure since the land can never be depreciated.

The cost of the old property is given as $240,000 and the cost of the lot is given as $100,000. Therefore, the value of structure can be calculated as,

The useful life of an asset= Cost of property-Cost of lot

=240,000$-100,000$

=140,000

Therefore, the residual value is 140,000$

By using straight-line type depreciation, since the building costs $200,000(cost of asset)  it can be determined as,

Here, Depreciation= Cost of an Asset – Residual Value/Useful life of an Asset

$200,000-$140,000

=60,000

So, the building is depreciated by $60,000 since it was built. Now, this is equated per year as the year given is 20.

Therefore, Annual depreciation amount=depreciation value/year

=60,000/20

=3000

So, $3000 is the annual depreciation but here we have to find the annual rate of depreciation and it can be determined by dividing the annual depreciation by the value of the structure. That is,

Annual rate of depreciation = Annual depreciation amount/cost value of structure. That is,

3000/140,000

=0.02

Therefore it is calculated by the market indication as a 2% annual rate of depreciation.

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neema has an hour of free time she can spend doing one of three activities. spending the hour reading would give her a utility of 4, playing video games would give her a utility of 2, and jogging would give her a utility of 6. based on this information, economists could predict that neema will:

Answers

According to the information, economists could predict that jogging would provide her utility.

Utility is a concept used in economics to represent worth or value. Its application has drastically changed over time. Philosophers of morality like Jeremy Bentham and John Stuart Mill first used the phrase to describe a measure of pleasure or happiness as part of their utilitarianism thesis. Within neoclassical economics, which dominates contemporary economic theory, the phrase has been modified and repurposed to refer to a utility function that expresses a single consumer's choice ordering over a set of options but is not comparable across individuals. This concept of utility is more precisely defined than the original definition but is less helpful for making ethical decisions because it is personal and relies on choice rather than on pleasure experienced.

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using intermediaries or go-between firms to provide the knowledge and contacts necessary to sell overseas is usually associated with group of answer choices indirect exporting. direct exporting. franchising. licensing.

Answers

Using intermediaries or go-between firms to provide the knowledge and contacts necessary to sell overseas is usually associated with Indirect exporting.

What is Indirect exporting?

If it comes to international trade, an export is a good made in one nation and sold in another, or a service rendered in one nation to a person or resident of another one. The person who provides these products or services is an exporter; the overseas customer is an importer. Financial accounting, and other professional services, tourism, education, and intellectual property rights are all examples of services that are involved in international commerce. Direct and Indirect exporting is the part of export.

In indirect exporting, the producer uses an export intermediate agency's services to export his products via middlemen.

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eugene delacroix is ready to purchase a new suit. It regularly sells for $132.45, but is on sale for $89.95. What is the markdown?

Answers

A suit ready to be purchased by Eugene Delacroix with a regular price of $132.45 is on sale for $89.95,  the markdown on this suit is 47.25%.

Markdown on any sales item is calculated by the difference between the regular price and the sale price of the item divided by the actual or sale price.

According to the question, the suit regularly sells for $132.45 but is on sale for $89.95. So, the difference between the regular price and the sale price is $42.5. To calculate markdown, The difference between the prices is divided by the actual price.

Markdown percentage = (42.5 ÷ 89.95) × 100 = 47.25%

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. advocates of trade barriers suggest that barriers to trade are needed for national security, job creation, and to: question 2 options: a) protect producers who are just starting out so that they can become more established. d) increase tariff revenue for government. b) eliminate the need for governments to become involved in the trade discussions. c) enhance the comparative advantage nature of trade.

Answers

Advocates of trade barriers suggest that barriers to trade are needed to protect producers who are just starting out so that they can become more established.

A barrier to trade could be a government-imposed restraint on the flow of international merchandise or services. Those restraints are generally obvious, however, are most frequently delicate and non-obvious.

The most direct barrier to trade is an embargo– a blockade or political agreement that limits a remote country’s ability to export or import. Embargoes still exist, but they're troublesome to enforce and don't seem to be common except in things of war.

The most typical barrier to trade is a tariff–a tax on imports. Tariffs raise the worth of foreign goods relative to domestic goods . Another common barrier to trade is a government subsidy to a specific domestic industry. Subsidies build those merchandise cheaper to provide than in foreign markets. This ends up in a lower domestic price. each tariff associated with a degree subsidy raises the worth of foreign goods relative to domestic goods, which reduces imports.

Barriers to trade are usually known as “protection” as a result of their declared purpose is to defend or advance particular industries or segments of an economy.

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adam plans to invest $1500 today in a mutual fund. if he earns 12 percent interest compounded monthly, to what amount will his investment grow in 20 years?

Answers

The value of investment will grow to $16,339 after 20 years.

We are given the following:

Present value=$1500

Interest rate=12%

Number of years=20

Now, calculate the future value of the investment as follows:

Future value=Present value *(1+ Interest rate )^number of years

=$1,500*(1+(12%/12))^(12*20)

=$1,500*(1+1%)^(240)

=$16,338.83

Therefore, the future value is $16,339

Hence, value of investment after 20 year will be $16,339

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a set of three or more companies directly linked by one or more of the upstream and downstream flows of products, services, finances, and information from a source to a customer is called . multiple choice question.

Answers

Supply Chain refers to a group of at least three businesses that are directly connected by at least one of the upstream and downstream flows of goods, services, money, and information from a source to a client.

The term "goods" in economics refers to things that fulfill human needs and offer utility, such as to a customer buying a fulfilling product. The terms "transferable commodities" and "transferable services" are frequently used interchangeably. A good is said to be "economic" if it is helpful to people but is also difficult to come by given the demand for it. In contrast, free goods—like air—are always available and don't require any deliberate effort to obtain.

Private goods are items that people own and use regularly, such as televisions, couches, wallets, cell phones, and nearly anything else that isn't a food item.

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jacob opened a money-market account. in the first month, he made an initial deposit of $500. he plans to contribute $75 a month after his initial deposit. the account does not pay any interest. after how many months will he have a total of $1,475?

Answers

After 13 months Jacob  will have a total of $1475 .

Money market account :

A money market account is an interest- applying account that you can open at banks and credit combinations. They're veritably analogous to savings accounts, but they offer some checking account features as easily. Money market accounts are different from money market collective finances.

Simplifying the calculation :

Let us assume it takes 'x' months .

Now the initial deposit = 500 dollar

The monthly deposit = $75

Therefore , we have

                500 + ( 75 × X) = 1475

                    75x = 1475 - 500

                     75x = 975

                       x = 975 ÷ 75

                     x = 13

Hence after 13 months Jacob will be having total of $1475.

Initial deposit :

A minimum deposit or original deposit is the minimum quantity of money needed to open an account with a fiscal institution, similar as a bank or brokerage establishment.

What's a money market account good for?

Money market accounts are analogous to savings accounts in that they're initially designed for storing redundant money down while earning interest. still, they also come with some checking account features, comprehending the capability to write checks.

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question content area use the adjusted trial balance for stockton company to answer the question that follows. stockton company adjusted trial balance december 31 determine the total asses

Answers

Current Assets is $9,330 using the adjusted trial balance for Stockton Company which can be reasonably expected to be used during the current fiscal year.

Using the adjusted trial balance for Stockton Company:

Current Assets = Cash + Prepaid Expenses + Accounts Receivable

= $6,530 + $700  + $2,100

= $9,330

A current asset is defined in accounting as any asset that can be reasonably expected to be sold, consumed, or exhausted during the current fiscal year, operating cycle, or financial year.

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The question was incomplete. Check below the full question.

Account No. Debit BalancesCredit BalancesCash116,530 Accounts Receivable12 2,100 Prepaid Expenses13 700 Equipment18 13,700 Accumulated Depreciation19 1,100Accounts Payable21 1,900Notes Payable 22 4,300Bob Steely, Capital31 12,940Bob Steely, Drawing32 790 Fees Earned41 9,250Wages Expense51 2,500 Rent Expense52 1,960 Utilities Expense53 775 Depreciation Expense54 250 Miscellaneous Expense59 185 Totals 29,49029,490

Use the adjusted trial balance for Stockton Company. Determine the current assets.

consider the following​ alternatives: i. received in one year ii. received in years iii. received in years a. rank the alternatives from most valuable to least valuable if the interest rate is per year. b. what is your ranking if the interest rate is only per​ year? c. what is your ranking if the interest rate is per​ year?

Answers

from the given alternatives

for A: Option two is > Option three is >option one.

for B: option three is > option two is > option one.

for C: option one is >option two is > option three.

Present value is computed as follows:

= Future value / (1 + r)n

a. Present value of option i is computed as follows:

= $ 120 / 1.09

= $ 110.09 Approximately

Present value of option ii is computed as follows:

= $ 220 / 1.095

= $ 142.98 Approximately

Present value of option iii is computed as follows:

= $ 310 / 1.0910

= $ 130.95 Approximately

So, the ranking will be as follows:

Option ii > Option iii > Option i

b. Present value of option i is computed as follows:

= $ 120 / 1.04

= $ 115.38 Approximately

Present value of option ii is computed as follows:

= $ 220 / 1.045

= $ 180.82 Approximately

Present value of option iii is computed as follows:

= $ 310 / 1.0410

= $ 209.42 Approximately

So, the ranking will be as follows:

Option iii > Option ii > Option i

c. Present value of option i is computed as follows:

= $ 120 / 1.20

= $ 100

Present value of option ii is computed as follows:

= $ 220 / 1.205

= $ 88.41 Approximately

Present value of option iii is computed as follows:

= $ 310 / 1.2010

= $ 50.07 Approximately

So, the ranking will be as follows:

Option i > Option ii > Option iii

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nikita enterprises has bonds on the market making annual payments, with 17 years to maturity, a par value of $1,000, and selling for $969. at this price, the bonds yield 8.1 percent. what must the coupon rate be on the bonds?

Answers

The coupon rate is 4.51%.

Let coupon payment be x

Par value = 1000

Price = Discounted value of future expected cashflow (bond will pay a coupon of x every year and par value at maturity)

962 = x/(1.051)^1 + x/(1.051)^2 + x/(1.051)^3 + x/(1.051)^4 + x/(1.051)^5 + x/(1.051)^6 + x/(1.051)^7 + ( x + 1000)/(1.051)^8

By solving we get x = 45.1

We can also find coupon amounts using the PMT function in excel that has input as (YTM,n,-PV,fv)

Coupon rate*par value = Coupon amount

Coupon rate = 45.1/1000 = 4.51%

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bristol retail group begins the year with inventory of $63,000 and ends the year with inventory of $53,000. during the year, the company has four purchases for the following amounts.

Answers

Cost of products sold: is $948000 for the given values that is mentioned in question

Explanation:

The initial year's inventory was $63,000.

Inventory at year's end equals $53,000

Cost of goods sold is calculated as follows: Beginning inventory - ending inventory

Cost of goods sold equals $63000 + 21700 +131700 + 161700+411700 -$53000.

Cost of goods sold: $948,000

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What are the two examples john elliott used to explain ethical dilemmas in the banking business?.

Answers

The two example John Elliott used to explain ethical dilemmas in the banking business is the Conflicts of interests and suppressing financial information

What causes ethical dilemma in business?

Ethical dilemmas occurs  because ethics are inherently contradictory. Employees can sometimes  face situations where compromising on telling the truth  seems to serve other valued goals, like  maximizing profits or avoiding layoffs.

Why is it important to identify your ethical dilemma?

An identification  of ethical dilemmas will provide  you a better idea of how you may  resolve them should before  they arise. Prompt resolution of ethical dilemmas ensures proper  operations, keeps employee morale high, improves  the strength of leadership, and enhances the public profile of companies.

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Match each of Maslow's Hierarchy Tiers to examples of needs in that tier.

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The needs are physiological (food and clothes), safety (work security), love and belonging needs (friendship), esteem, and self-actualization going up the hierarchy in order. Prior to addressing needs higher up the hierarchy, people must attention to those lower down.

1. Physiological needs, such as air, food, water, shelter, clothes, warmth, sex, and sleep, are biological necessities for human survival.

The human body cannot function at its best if these demands are not met. Maslow regarded physiological needs as being more significant than all other wants because, unless these needs are addressed, all other needs become secondary.

2. Demands for safety - after a person's physiological desires are met, their needs for safety and security become apparent. The family and society can meet these needs (e.g. police, schools, business, and medical care).

3. Love and belongingness requirements - Following the satisfaction of physiological and safety needs, the third level of human needs is social and entails a sense of belonging. A human being's emotional need for interpersonal connections, affiliation, connectedness, and group membership is known as belongingness. Friendship, closeness, trust, acceptance, receiving and giving affection, and love are a few examples of belongingness demands.

4. The Maslow hierarchy's fourth level, esteem needs, includes respect, self-worth, and achievement. Maslow divided esteem requirements into two categories: the need for respect or repute from others, and the need for regard for oneself (dignity, achievement, mastery, independence) (e.g., status, prestige).

5. self-actualization- Maslow's hierarchy of needs places fulfillment of one's potential, the pursuit of personal improvement, and awe-inspiring experiences at its highest level. This level, according to Maslow (1943), is the drive to achieve one's full potential and maximize one's potential. One person might, for instance, have a tremendous desire to become the perfect parent. In another, the urge might manifest itself in the arts, sciences, or sports.

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proactive companies are: multiple choice much more likely to be blindsided by crises and negative surprises. just as likely to be blindsided by crises and negative surprises. much less likely to be blindsided by crises and negative surprises. much more likely to be forced to defend themselves.

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Proactive companies are much less likely to be blindsided by crises and negative surprises.

In the field of business, proactive companies can be described as kind of companies that focus on future strategies and also interpret and resolve difficulties that might arise in the future.

Where most of the companies are focused on achieving present-time goals, proactive companies focus on future goals and problems as well.

Hence, proactive companies are less likely to suffer from any kind of negative crises or surprises as they are prepared for the future.

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