The large investment the company made in the failed project most likely was made by a manager who did not fully understand "Sunk Costs".
What is Sunk Cost?An price or investment that has already been made and cannot be recovered is referred to as a sunk cost.
Types of sunk cost are -
Investment in advertising. This money is lost if you advertise a new product; it cannot be recovered.Investigation into a new product.Labour expenses.New software system installation and operational procedures.Loss of relationships in business and reputation.Therefore, Sunk expenses are unrelated to any particular occurrence and shouldn't be taken into account while choosing an investment or project.
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A ______________ is characterized by a series of constant or level (annuity) payments over the life of the loan. A portion of each payment goes toward paying down the loan balance, while the other portion represents a payment of interest at the contract rate on the outstanding loan balance.
A "Fully Amortizing Loan" is characterized by a series of constant or level (annuity) payments over the life of the loan.
What is Fully Amortizing Loan?If you make every payment as specified in your term loan's original schedule, you will have fully amortized the debt by the time the term is over.The amount of principal and interest paid each month over the duration of your loan term is simply referred to as amortization.
The characteristic of fully amortization loan are-
A sort of periodic debt payments known as a fully amortizing payment. The debt is entirely repaid at the end of the loan's predetermined period if the borrower makes payments in accordance with the amortization plan. If the loan has a set interest rate, every completely amortizing payment is the same amount of money.Each fully amortizing payment is the same amount of money if the loan has a fixed rate. On the other hand, a partially amortizing loan is another payment schedule based on amortization, but only some of the payment is amortized.To know more about requirements of an amortized loan, here
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Holding all other factors constant and using the midpoint method, if a candy manufacturer increases production by 20 percent when the market price of candy increases from $0.50 to $0.60, then supply is
The supply is elastic in nature.
Price elasticity expresses the percentage change in quantity required caused by a one percent increase in price while maintaining all other variables constant. If the elasticity is 2, a 1% increase in price results in a 2% decrease in amount demanded.
Price elasticity is computed with the help of formula given below:
Price elasticity of supply = % increase in quantity supplied / % increase in price
Price elasticity of supply = 20%/((.6-.5)/(.6+.5)/2)
Price elasticity of supply = 4.4
It is elastic in nature, because value of elasticity of supply is more than 1.
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What are the three major stock markets in the United States?
Answer:
Explanation:
S&P 500, Dow Jones Industrial Average, and Nasdaq Composite.
Acme enterprises began the new year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this merchandise for $5,000 on account. Two weeks later, acme paid its suppliers $1,000 and bought another $4,000 of merchandise on account. Acme now has an accounts payable balance of ______.
Answer:
$8500
Explanation:
Beg AP bal = 3000
Sold 1/2 of merch on acct = add 2500
Paid suppliers = subtract 1000
Bought more merch on acct = add 4000
3000 + 2500 - 1000 + 4000 = 8500
Ending AP bal = 8500
The variable overhead ______ variance measures the difference between the actual variable overhead cost and the projected budget for variable overhead cost.
Variable overhead rate variance.
What is variable overhead rate variance?The difference between the actual variable manufacturing overhead and the variable overhead that was anticipated given the number of hours worked is the variable overhead rate variance, sometimes referred to as the spending variation.What is an actual variable overhead cost?Spending on Variable Overhead Variance is the difference between the actual cost of variable production overheads and the expected cost given the amount of activity over a certain time period. Typically, the standard variable overhead rate is represented in terms of labor or machine hours.What is budgeted variable overhead?It is the relationship between the budgeted expenses as determined by a company's cost accountants and the actual costs. Variable overheads are the names given to the budgeted costs. Basically, variable overhead spending variation is the portion of a company's operating expenses that varies in response to changes in operational activity.Therefore, the correct answer is variable overhead rate variance.
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A designer finds a job that she is interested in, but needs to create a resume quickly before the upcoming job application deadline. What tool can she use to create a solid resume with all the necessary elements
The tool the designer can use to create a solid resume with all the necessary elements is D. A template from a word processing program.
What is a Resume?This refers to the document or file that contains the relevant information about the professional experience of a person.
Hence, we can see that based on the fact that she needs to make the design quickly before the deadline passes, she would have to use a template from a word processing program.
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Education and healthcare are two examples of _________ in international business.
A monopolist has market power because it Group of answer choices none of the Answers are Correct. Faces a downward-sloping demand curve for its own output. Is a price taker. Is regulated by the government. Can raise price as much as it wishes and not lose any customers.
A monopolist has market power because it faces a downward-sloping demand curve for its own output.
A monopolist has market power because he is a price maker and not a price taker.
A monopolist undergoes a downward-sloping demand curve for its own output. When a firm, primarily in a monopoly, increases its market price by decreasing its output, it exerts its price-making abilities. As a price maker, a monopoly will always face a downward-sloping demand curve. A downward-sloping demand curve indicates that a greater quantity of a commodity would be demanded when the price is lower. A monopolist has more leeway in determining the output and prices.Since, a monopolist has market power, they determine the price of the commodity, facing a downward-sloping demand curve at all times.Therefore, a monopolist has market power because it faces a downward-sloping demand curve for its own output.
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_____ change occurs occasionally, with periods of relative stability, and managers can respond with technical, product, or structural innovations as needed.
Episodic change change occurs occasionally, with periods of relative stability, and managers can respond with technical, product, or structural innovations as needed.
Episodic changeOrganizational changes that tend to be uncommon, discontinuous, and planned are referred to as "episodic change" in this context. The assumption is that episodic change happens when organizations diverge from their equilibrium circumstances, or during times of divergence.
What kind of change occurs episodically?A abrupt change, like a market crash, is known as an episodic change.
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The __________ with over 100 member nations is the largest institution of its kind and has the most successful record of promoting freer trade. The __________ with over 100 member nations is the largest institution of its kind and has the most successful record of promoting freer trade.
The WORLD TRADE ORGANIZATION with over 100 member nations is the largest institution of its kind and has the most successful record of promoting freer trade.
What is World Trade Organization?An international body that regulates trade among its member countries is the World Trade Organization.23 states participate as WTO observers in addition to the 164 member nations.What is the role of World Trade Organization?It complies with TNCs' requests.By encouraging a "race to the bottom" among governments of developing nations fighting for jobs and foreign investment, it threatens the rights of workers and environmental protection.The impoverished are harmed.Why is the WTO important for World Business?the agreement for the selling of commodities.the agreement for the transport of goods.the agreement for goods insurance.the adherence to export and import regulations in terms of formalities and paperwork needed.the payment system the buyer has established.Learn more about World Trade Organization at:
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Data is oftentimes considered a defensible source of competitive advantage; however, advantages based on capabilities and data that others can acquire will be
Data is oftentimes considered a defensible source of competitive advantage; however, advantages based on capabilities and data that others can acquire will be short lived.
What is data?It should be noted that data simply means the facts and statistics that are used to analysis.
In this case, data is oftentimes considered a defensible source of competitive advantage; however, advantages based on capabilities and data that others can acquire will be short lived
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Market segment profiles are used to describe _____________ members of a market segment, and to explain ______________members in separate market segments.
Market segment profiles are used to describe the similarities among potential members of a market segment, and explain the differences among members in different market segments.
What is Market segment profiles?The process of segmenting a market of potential customers into smaller, more focused groups based on shared traits like demographics, interests, needs, or location.
There are four primary categories of market segmentation-
demographic.Psychographic.Geographic. Behavioral.What are the levels of market segmentation?There are four levels of market segmentation-
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In the opening vignette, the Access Telecom (AT), built a system to better visualize customers who were unhappy before they canceled their service. Group of answer choices True False
It is a true statement that Access Telecom built a system to better visualize customers who were unhappy before they canceled their service.
What is the aim of visualizing customers?The firm of Access Telecom introduced this system to identify the customers that are unsatisfactory with their services.
Hence, it is a true statement that Access Telecom built a system to better visualize customers.
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Oral evidence in contract disputes is prohibited by:Multiple Choicea parol contract.an executory contract.an inferred contract.an unspecified contract.the parol evidence rule.
The parol evidence rule will not permit evidence of an oral agreement that is inconsistent with a written term, for as to that term the contract is integrated.
"Parol evidence” is generally oral evidence. It is beneficial and may be admitted under certain circumstances after the parties agree to a final written agreement. For example, if the parties to the contract made a mistake, such as omitting or mistakenly listing a term, parol evidence may be considered.
The parol evidence rule is an evidentiary rule in contract disputes which generally makes evidence of agreements outside the parties' written contract inadmissible. That is, under the parol evidence rule any agreement that is not contained within the written contract is inadmissible in court.
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BPMN Blank______ is anything that happens during the course of a business process, including customer requests, time requests, and the end of the process. Multiple choice question. event flows activity gateway
The answer is Event.
A process-related event is described in a BPMN event, which is represented by a circle.
Start events, middle events, and end events are the three primary events in business process modeling.
These three categories are also described as throwing events or catching events (which respond to a trigger) (which the process triggers).
BPMN activity is a task in a business process.
In BPMN activity all work that is ongoing in a process is depicted by a rectangle with rounded corners in a business model.
It is used to verify availability, pick up clients, and booking confirmation.
BPMN gateway is used to control the flow of a process.
As represented by a diamond shape in a business process model, BPMN Gateway is used to manage the forking, merging, and joining of pathways inside a process.
Hence, a BPMN event is anything that happens during the course of a business process, including customer requests, time requests, and the end of the process.
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When conducting a formal marketing/sales event, there are elements that you must cover in order for your presentation to be compliant. Listed below are several required elements related to Star Ratings. Which one is not required?
There are several elements that need to be covered when conducting a formal marketing/ sales event except A. providing a list of plans that have the same star rating.
How can you be compliant when conducting a formal marketing/sales event?It is important that several different plans are offered because consumers have different types of needs.
A complete plan presentation should also be provided to ensure that consumers know what they are getting into.
You do not however have to provide plans that have the same star ratings as the plan being presented on.
Options for this question include:
A. providing a list of plans that have the same star rating.
B. providing a complete plan presentation.
C. providing different plans
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Market values: Group of answer choices reflect expected selling prices given the current economic situation. are affected by the accounting methods selected. are equal to the initial cost minus the depreciation to date. either remain constant or increase over time. are equal to the greater of the initial cost or the current expected sales value.
Market values: reflect expected selling prices given the current economic situation.
What is market value?
Market value is the price buyers are willing to pay for an asset in the marketplace. In the case of publicly-traded assets or entities, it is also known as market capitalization and is calculated by multiplying the current price by the number of outstanding units.
There are a few components that go into calculating the market value of some assets such as businesses and with real estate, it involves a lot more than knowing about share prices. The business market value determination can also take components such as the value of intangibles and the future value of related assets into consideration.
Market value is more than a price but denotes the true underlying and not only the perceived value.
Thus , the correct answer is that Market values is reflect expected selling prices given the current economic situation.
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What is the present value of an annual payment of $80,000 that is received in perpetuity if the discount rate is 9%
$888,888.88 is the present value of an annual payment that is received in perpetuity after the discount rate of 9%
Procedure:
PV of Perpetuity = ICF / r
Here, the identical cash flows are regarded as the ICF.
The interest rate or the discounting rate is expressed as r.
PV = ICF / r
PV = 80,000 / 9%
PV = $888,888.88
Hence, the present value in perpetuity is $888,888.88.
About Present Value of Perpetuity:
Perpetuity is the revenue stream that a person receives for an indefinite amount of time, and its present value is determined by discounting identical future cash-flows using a certain discounting rate. Although the cash flows in this case are endless, their present value is only of limited worth.
A revenue stream that has an unlimited life is called perpetuality, and it rises at a proportionate pace. The cash flows ought to be the same. The dividend growth model is basically where the formula comes from. The terminal value of the identical cash-flows is calculated using the formula.
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A sales manager at a consumer durable goods manufacturing firm instructs his new salesperson, Carol, that she must identify ten potential customers and sell five flat screen televisions per week. This directive from the sales manager is referred to as Carol's _______. a. referrals b. sales leads c. touch points d. quota
A sales manager at a company that manufactures consumer durable goods gives Carol, his new salesman, the assignment of finding ten potential clients and selling five flat-screen televisions each week. Carol's quota is the name of the sales manager's instruction.
The performance benchmark that sellers must meet in order to qualify for their goal incentive pay is known as a sales quota. Goals or targets, often known as quotas, might motivate sellers more when opportunity differs by territory.Sales quota types-
Profit Cap. The sales reps are given a profit-based quota that requires them to sell goods or services for a specific price in order to generate a certain quantity of revenue for the business.The expense cap.Activity Capacity.Combination Limit.Forecast Capacity.Why is it important for a sales manager to set quota for salespeople?Sales representatives are encouraged by quotas to create plans that will allow them to reach the desired performance level. If these quotas are met, it can result in satisfaction and increased motivation or frustration and decreased motivation.Learn more about sales management quota brainly.com/question/4188089
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Ambrose is a scientist working for a pharmaceutical company. His company was acquired by a rival pharmaceutical company, and now it is involved in downsizing and downscoping. Ambrose is concerned about his job security, since he is actively involved in amateur sports in his community and does not wish to disrupt his current lifestyle. Ambrose's job will MOST likely be secure if:
Ambrose's job will most likely be secure if Ambrose is a key employee in the firm's primary business.
Downsizing or down-scoping refers to lowering the level or shifting it to a lower level from the current level, and in this case it refers to lowering the pharmaceutical company's market level.
In this case, the company is acquired by a competitor, and as a result, the management is altered. Although the personnel are not changed in these circumstances because the management is changed, the operation of the company and its goal to conduct core business remain unchanged.
As a result, if Ambrose is a vital employee who understands how the organization works, he will not be fired and will keep his position. The organization cannot lose important people even if it downsizes or down-scopes.
What is Downsizing?Downsizing is the process of permanently reducing a company's labor force by dismissing ineffective employees or divisions.While it is typically utilized in times of stress and revenue reduction, downsizing can also be used to produce leaner and more efficient businesses.Downsizing isn't always a good thing, and it can have a negative long-term influence on a company's financial line.learn more about Downsizing at:
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Cynthia loves her apartment and would like to have the option to buy it once her lease is up. Who is the best person to help Cynthia prepare a lease option?
A real estate attorney is the best person to help Cynthia prepare a lease option.
Who is the optionee in an option contract?The seller is the optionor and the buyer is the optionee in an option contract. It is a unilateral contract since the buyer has the option to purchase while the seller is required to sell.What is an option to buy agreement?An option-to-purchase agreement is a contract that grants a tenant or investor the opportunity to buy real estate in the future in exchange for a fee.What does first option to buy mean?When an owner intends to sell a property, this clause, also known as a right of first refusal or first right to purchase, compels the owner to provide the holder the first opportunity to purchase the property. The holder cannot compel the owner to sell, unlike the option to purchase.What is purchase option?A purchase option is the freedom to buy, rent, or lease real estate or other property interests.Learn more about purchase option here:
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Charlie manages a Holiday Inn. He knows from experience that last-minute customers will call after 9 p.m. each evening looking for a room and asking the price. Charlie has empowered his staff to offer discounts when the hotel is largely vacant, and to quote the standard price when the hotel is close to full. Charlie knows his service is ________, meaning that if no one stays in the room, it generates no revenue that evening.
Charlie knows his service is perishable, meaning that if no one stays in the room, it generates no revenue that evening.
Perishable services are what?While not imperishable, services can be thought of as perishable. A perishable service is simply one that is transient. Such a service is best used right away when it is created. The service, unlike products, cannot be saved for later use.
Transportation by planes, auto maintenance, entertainment at theatres, and manicures are examples of perishable services. If a person buys a plane ticket for a certain day, but then gets sick and can't fly, the ticket expires. It is challenging to maintain a balance between supply and demand when a service is perishable.
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1. Take a moment to reflect on the process of creating your personal budget. What was the most challenging part of creating your budget? Did you take the time to track your spending? What did you discover about your spending? How does it feel to have a plan for your spending? (2 points)
The most challenging part is to make sure you follow the budget even when I took the time to track my expenses. Also, you learn there are unexpected expenses but having a budget makes you feel confident.
What was the most challenging part of creating your budget?Last year, I created a budget for a trip, and the most difficult part was both thinking about all the elements in the budget and tracking all the expenses before and during the trip.
Did I take the time to track my spending?I took the time to track my spending by checking the budget every time I spent money for the trip.
What did I discover about spending?I discovered there are some unexpected expenses I had not considered such as renewing my passport or paying taxes.
How does it feel to have a plan?Having a plan makes me feel confident about spending money because I have control of it.
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The double-declining-balance and straight-line depreciation methods: multiple choice are the only acceptable methods of depreciation for financial reporting. produce the same amount of annual depreciation expense. result in the same book value at the end of each year. produce the same amount of total depreciation over an asset's useful life.
The double-declining-balance and straight-line depreciation methods Produce the same total depreciation over an asset's useful life.
Two of the four depreciation methods permitted by US generally accepted accounting standards are the straight-line and double-declining-balance depreciation procedures (GAAP). The sum of the years' digit and units of production are the other two techniques. By deducting the salvage value from the asset's purchase price and either dividing the depreciable amount by the number of years or applying a preset rate to the depreciable amount, the straight-line method is derived. The depreciation rate is calculated using the double-declining-balance technique by dividing 100 percent by the asset's useful life in years, then multiplying the result by two. The diminishing amount is then used to calculate depreciation expenditure until only the salvage value is left. They therefore result in the same depreciation over the course of the asset's useful life.Is double declining balance a method of straight-line depreciation?The straight-line depreciation technique, another and arguably even more frequent type of depreciation, depreciates an asset's value at a rate that is half that of the DDB depreciation method.What is double declining balance depreciation method?A type of accelerated depreciation method called the double-declining balance method doubles the rate at which an asset's value depreciates compared to the straight-line approach.Accelerated depreciation refers to the process of depreciation that occurs twice as quickly as the straight-line method.Learn more about double-declining-balance here:
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A firm has an independent, permanent work group that develops and revises codes of ethics, suggests ways the organization can contribute toward the environment, and regularly reviews other specific issues and concerns within the organization. This is an example of a
A firm has an independent, permanent work group that develops and revises codes of ethics, suggests ways the organization can contribute to the environment, and regularly reviews other specific issues and concerns within the organization. This is an example of a committee.
A committee within a firm is an independent, permanent work group that develops and revises codes of ethics, and suggests ways the organization can contribute to the environment.
A committee assumes important functions regarding the enforcement and maintenance of firm protocols and order. The many functions afforded to the committee attest to its overriding capacities and authority. Committees in a firm also work as grievance redressal mechanisms. A committee would regularly review specific issues and concerns within the organization. A system of checks and balances is maintained through the supervisory powers of a committee within a firm. Since, a committee is an independent, permanent work group it is legitimate, accountable, responsible, and transparent about its operations.Therefore, a firm has an independent, permanent work group that develops and revises codes of ethics. This is an example of a committee.
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Antonio tries to limit his risk of overexposure to debt by using a ________________ to store a certain amount of value that he then uses to make purchases.
The item that Antonio uses to store a certain amount of value to limit his risk of overexposure is a Smart card.
What is a smart card?A smart card allows for people to be able to store a certain amount of the debt that they incur to make purchases.
By uisng only the amount in the card, the person's spending will be limited, which would reduce their risk over overexposure.
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Misappropriation of a trade secret occurs when __________. Multiple Choice a person uses another's trade secret and confidential information with authorization a person improperly acquires secret information through burglary, espionage, or computer hacking a person recreates a product after looking at it and figuring out how it works or is formulated a person uses his or her own knowledge and understanding to recreate what is another's trade secret a person is able to recreate the same information that the other considers to be a trade secret
Misappropriation of a trade secret occurs when A person improperly acquires secret information through burglary, espionage, or computer hacking .
What is Misappropriation of a Trade Secret?
Trade secret infringement is called “misappropriation.” It occurs when someone improperly acquires a trade secret or improperly discloses or uses a trade secret without consent or with having reason to know that knowledge of the trade secret was acquired through a mistake or accident.
How do you prove Misappropriation of Trade Secret?The plaintiff in a trade-secret case lawsuit must prove three facts:
(1) it has some valuable business information that it has kept secret.
(2) the information is not generally known.
(3) the defendant has used that secret.
Thus, we can conclude that the correct option is B. A person improperly acquires secret information through burglary, espionage, or computer hacking when Misappropriation of a trade secret occurs .
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_______________________ : overhaul of communications law that opened door to far more competition by permitting companies to own outlets in multiple media markets and remove or reduce limits on how many outlets one company can own
Answer: The major congressional
Explanation:
Calculate the price of a two-year bond with a face value of $100, a coupon rate of 5%, and a yield-to-maturity of 5%.
The price of the bond is $100.
The bond's price is the present value of the face value plus the present value of the interest accrued throughout the bond's term.
The coupon interest rate is 5% of 100, that is $5 per year. The yield to maturity is also 5%. Because the coupon rate is equal to the yield, the bond's present value will only be its face value.
Present value = 5(P/A, 5%, 2) + 100(P/F, 5%, 2)
= 5×1.85941+ 100×0.90703
= 100
Therefore, the price of the bond is $100.
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An oil cartel effectively increases the price of oil by 100% causing a shock in oil consuming countries A and B. The FED in country A takes immediate action increasing the money supply, while FED in inflationary country B does not take any action. In the long run you would expect that: a. Both countries return to their long-term stable equilibrium (Y and unemployment) but with a higher price level b. Both countries return to their long-term stable equilibrium, but country A will remain with a higher price level than country B c. Both countries return to their long-term stable equilibrium, but country B will remain with a higher price level than country A d. Country B will never return to its long-term equilibrium
When an oil cartel effectively increases the price of oil by 100% causing a shock in oil consuming countries A and B.
The FED in country A takes immediate action increasing the money supply, while FED in inflationary country B does not take any action
In this case, in long term "Both countries return to their long-term stable equilibrium, but country A will remain with a higher price level than country B".
What is Federal Reserve System (FED)?The nation's central banking system is the Federal Reserve System, usually referred to as the Federal Reserve or just the Fed.
The Fed offers a secure, adaptable, and stable monetary and financial system to the nation.
The Fed's primary responsibilities include-
overseeing and regulating banks,implementing national monetary policy,preserving financial stability, and offering banking services.Therefore, to better understand the effects of financial services laws and practices on customers and communities, the Federal Reserve promotes supervision, community reinvestment, and research.
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