The Ming dynasty adopted an isolationist policy in the 15th century, which halted trade between European nations and the Ming.
By commerce, what do we mean?Trade is the voluntary transactions of commodities or services between participants in the economy. Partnership is often seen to be beneficial to both parties since interactions are voluntary. Trading in shares and other commodities is actually what is meant by trading throughout finance.
How does commerce operate?Typically throughout the short to medium term, traders benefit by buying cheap and selling hot (going long) or by selling high and purchasing low (going short). The asset they exchange is not theirs. Investors want to acquire full control of the stock by acquiring stock at a favorable price.
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company a acquired all of the outstanding common stock of company b for $17,100,000 in cash. the book values and fair values of company b's assets and liabilities were as follows: book value fair value current assets $ 6,100,000 $ 7,600,000 property, plant, and equipment 11,100,000 14,100,000 other assets 1,010,000 1,510,000 current liabilities 4,100,000 4,100,000 long-term liabilities 6,100,000 5,600,000 required: calculate the amount paid for goodwill.
$10,430,000 was paid as the goodwill purchase price.
What is a goodwill purchase?Divide the average profit by the number of years since the acquisition to calculate the goodwill using the simple average approach. It can be calculated using the formula. Average Profit multiplied by the length of time since the acquisition equals goodwill.
Goodwill is calculated by subtracting the purchase price from the difference between the fair market value of the company's assets and liabilities. Companies are required to review their goodwill value on their financial statements at least once a year and reflect any impairments.
The computation of amount paid for goodwill is shown below:-
Net fair value of assets acquired = (Fair Value of current assets + Fair value of Property, plant, and equipment + Fair value of other assets) - (Fair value of Current liabilities + Fair value of Long-term liabilities)
= ($760,000 + $14,100,000 + $1,510,000) - ($4,100,000 + $5,600,000)
= $16,370,000 - $9,700,000
= $6,670,000
Amount paid for goodwill = Outstanding common stock - Net fair value of assets acquired
= $17,100,000 - $6,670,000
= $10,430,000
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how does the increasing focus of media conglomerates on making a profit affect television news?
International news and foreign bureaus have been reduced by media organizations.
What is the primary goal of an event for the media?
An anniversary, a news conference, or planned events like speeches or demonstrations may center media events. A media or pseudo-event uses public relations to gain media and public attention rather than paying for advertising time.
How have major media companies responded to content created by users?
They've accepted it. Rentals and sales of DVDs have decreased; More videos are being watched online and by Americans than ever before.
How has the newspaper industry been affected by the rise of the Internet?
There is no other news medium that can compete with the immediacy and accessibility of the Internet. As journalists compete to stay one step ahead of each other and the demands of their audiences, this has irrevocably accelerated the pace of the news.
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gus has applied for a home equity line of credit from his federally insured bank so that he can make some renovations to his kitchen. the same bank is his lender for his home mortgage. will this loan be subject to real estate settlement procedures act requirements? unset starred question
Gus has applied for a home equity line of credit. Yes, this loan will be subjected to real estate settlement procedures act requirements because RESPA applies to any residential loan transaction from a federally insured financial institution, including equity lines of credit.
A line of credit (LOC) is a preset borrowing limit that a borrower can draw on at any moment that the line of credit is available. Types of credit lines contain personal, business, and home equity, among others. A LOC has built-in flexibility, which is its major benefit. Potential downsides comprise high-interest rates, penalties for late payments, and the possibility to overspend. All LOCs consist of a set portion of the money that can be borrowed as needed, paid back, and borrowed again.
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dalina saw an ad for a medicare advantage insurance plan, so she called an 800 number to get more information. this approach is used to identify and qualify prospects and is an example of
This approach is used to identify and qualify prospects and is an example of Inbound telemarketing.
The reactive form of telemarketing known as inbound telemarketing encourages clients to call first. One requires marketing, networking events, or other pre-sales activities to entice prospects to contact. By leaving a message or contact details through various methods, one can also receive a call.
Customers that use inbound telemarketing are already interested in the goods or services. During this phase, empathy is essential. It will make it possible to comprehend consumer wants and potential solutions in great detail. Before the call even starts, inbound telemarketing faces a challenge.
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companies are able to gather a great deal of information on customers when they use advertising. t or f
The correct statement : Companies are able to gather a great deal of information on customers when they use advertising.
This is correct Statement.
Advertising is a promotional activity which pursuits to sell a products or services to a audience. it's far one of the oldest forms of advertising which attempts to steer the actions of its target market to either purchase, promote, or do something specific.
Advertising and marketing is the practice and techniques employed to carry interest to a products or services. advertising ambitions to position a services or products inside the highlight in hopes of drawing it interest from consumers.
An advertisement, in any other case referred to as an ad or advert, is commonly taken into consideration a public communication that promotes a product, provider, logo or occasion. To some the definition can be even broader than that, extending to any paid communique designed to tell or have an impact on.
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3. what is it that your company is not doing with respect to csr/sustainability (e.g., are they ignoring or taking minimal action on a key aspect of their environmental or social impact in their operations and supply chain)? why do you think they are not addressing this issue?
Corporate social responsibility (CSR) is a business model that helps a company to be socially responsible to itself,its stakeholders and the public.
In case a company fails to comply with the provisions related to CSR spending,transferring and using the unspent amount, the company will be penalized with a minimum fine of Rs 50,000 which can be increased to Rs 25 lakhs.Environmental CSR aims to reduce any harmful effect on the environment from its business processes.Activities can focus on energy use.Corporate social responsibility or CSR for short,is about a company's responsibility to society in the sense of sustainable business practices.CSR refers to a company's responsibility for its impact on society. Different departments ,different priorities another challenge faced by those who lead their company CSR initiatives face the difficulty of not being able to unify all departments and business units throughout their organization, while committing to a single statement of CSR mission.
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like the partners in a partnership, the shareholders in a corporation cannot change without affecting the continued existence of the firm. t or f
The given statement is True. Partners in a partnership and shareholders in a corporation have a vested interest in the firm's continued existence.
As such, any changes to the members of either type of organization can have a significant impact on the future of the firm. For example, if a partner in a partnership decides to leave, the remaining partners must agree on how the departing partner's share of the profits will be distributed. Similarly, if a shareholder in a corporation sells their shares, the corporation must find a new buyer, and the number of shareholders will be reduced.
Hence, the partners in a partnership, the shareholders in a corporation cannot change without affecting the continued existence of the firm.
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when a firm is maximizing profit using the optimal output rule what is the dollar value of profit g
When the value of the final unit of production equals the cost of generating the final unit of production, a manager optimises profit.
Which unit of production is an example?For instance, throughout the course of its useful life, a machine can manufacture one million metres of cloth. The units of production approach is then advised in this situation. Divide the asset's total depreciable value by the projected annual total production to arrive at the amount of depreciation.
How are units of production calculated?The units of production rate, which is frequently used in manufacturing, is derived by dividing the cost of the equipment by its anticipated lifespan output. The annual depreciation expense is calculated by multiplying this rate by the asset's output for the year.
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in an open economy, a society's consumption possibilities are typically its production possibilities. less than equal to greater than unrelated to
Option 3 is correct. In an open economy, a society's consumption possibilities are typically greater than its production possibilities.
An open economy is a form of economy in which entities from other nations trade goods in addition to domestic producers (goods and services). Management interchange, technological transfer, and the exchange of a wide range of commodities and services are all examples of trade. There are some exceptions that cannot be swapped; for instance, a country cannot trade its railway services with another nation in order to use the service.
In contrast, a closed economy forbids the conduct of both foreign trade and finance. Exporting is the process of selling products or services to another nation. Importing is the process of purchasing goods or services from another nation. International trade is the term used to describe both importing and exporting.
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The complete question is:
In an open economy, a society's consumption possibilities are typically ____ its production possibilities.
1.less than
2. equal to
3. greater than
4. unrelated to
which part of the change management process specifies how you will return affected systems to their original state if your implementation fails?
Backout Plan
In the event that our execution fails, the Backout plan component of the change management process describes how we will restore the affected systems to their initial condition.
In the event of a botched or abandoned implementation, a backout plan is an IT governance integration strategy that outlines the steps needed to return a system to its initial or previous condition.
Change management is the process of directing organizational change from its first stages of conception and planning, through implementation, and ultimately to resolution. A solid management strategy is necessary to ensure that businesses successfully transition and adjust to any changes that may take place.
In essence, business managers are in charge of making sure regular corporate activities go smoothly. Every firm, regardless of industry, might profit from having a skilled business manager who is informed with best practises and pertinent processes because good business management is crucial to an organization's success.
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what is income .....
Answer: Income is the money received, especially on a regular basis, for work or through investments
Explanation: Income refers to the money that a person or entity receives in exchange for their labor or products. Income may have different definitions depending on the context—for example, taxation, financial accounting, or economic analysis.
For most people, income means their total earnings in the form of wages and salaries, the return on their investments, pension distributions, and other receipts. For businesses, income means the revenues from selling services, products, and any interest and dividends received with respect to their cash accounts and reserves related to the business.
Types of Income
Three categories of income are of principal concern to taxpayers: ordinary income, capital gain, and tax-exempt income.
Hope this was helpful
Answer:
Income is money that an individual or business receives in exchange for providing labor, producing a good or service or investing capital. Individuals typically earn income through wages or salary, while businesses earn income from selling goods or services above their cost of production.
The average (mean) income is the sum of a set of numbers divided by the count of numbers in the data set. To determine the average, add up all the numbers in the data set and then divide by how many numbers there are in the data set.
Net Income is the difference between revenue and the cost or expenses incurred by a business in a particular accounting period. It is also known as the profit of a business. Income leads to an increase in the value of assets in a business.
if the international division of latin american products had an investment turnover of 1.4 and a return on sales of 0.12, the return on investment would be:
If the international division of Latin American products had an investment turnover of 1.4 and a return on sales of 0.12, the return on investment would be 16.8%.
Turnover is an accounting concept that calculates how quickly a business conducts its operations. The most common measures of corporate turnover look at ratios involving accounts receivable and inventories. These are called accounts receivable turnover and inventory turnover.
Return on Investment (ROI) is a popular profitability metric used to evaluate how well an investment has performed. ROI is expressed as a percentage and is calculated by dividing an investment's net profit (or loss) by its initial cost or outlay.
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if a calendar year taxpayer's 2021 individual income tax return is mailed on june 15, 2022, the statute of limitations would normally run out on:
If a calendar year taxpayer's 2021 individual income tax return is mailed on June 15, 2022, the statute of limitations would normally run out on June 15, 2025.
What is the Statute of Limitations for Federal Tax?Basically, a statute of limitations means the law that defines the period during which a lawsuit can be brought in court.
In U.S., the federal tax "statute of limitations" describes the time that the Inland revenue service has to file charges against you if you are suspected of tax fraud. In most cases, the service can audit the tax returns up to three years after you file them, which means tax return statute of limitations is three years.
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2.what is the objective function in the aggregate planning problem? why does the problem exist? what is the typical planning period and planning horizon used in the aggregate planning problem?
Aggregate planning aims to reduce operational expenses by matching production capacity with demand. An aggregate plan details what supplies and other resources are required, as well as when they should be bought in order to keep costs down.
In the situation of not being able to meet demand promptly, backordering, inventory profiles, and subcontracting are all determined by the aggregate planning problem.
The process of data analysis and creating a predicted timetable for your company is known as aggregate planning. Using data from several parts of a firm, like inventory, sales predictions, and production levels, project and business managers construct aggregate plans.
One of the biggest issues in planning aggregate output is still labor. As an illustration, a business intends to boost overtime hours and hiring.
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cardinal company issues new common stock for $50,000. this transaction is a(n) activity on the statement of cash flows.
This transaction is a financial activity on the statement of cash flows. A firm engages in financial activity when it sells shares and pays off debt.
The acts and transactions that organizations, governments, and people perform in order to advance their economic objectives are referred to as financial activities.
They are tasks that entail the influx or emigration of funds. Purchasing and selling goods (or assets), issuing stocks, starting loans, and keeping track of accounts are a few examples. A firm engages in financial activity when it sells shares and pays off debt.
The phrase "finance" refers to economic pursuits that sustain the existence of people, corporations, and governments. These include banking, borrowing, saving, and investing, to name a few. The study of money and financial instruments that are a part of a nation's financial system is also referred to as finance.
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w. l. gore & associates is organized in such a way that it has no formal job titles, job descriptions, or chains of command. this implies that it has
W.L. Gore & Associates is organized in such a way that it has no formal job titles, job descriptions, or chains of command. This implies that it has a decentralized structure.
What Is a Decentralized Organizational Structure?Decentralized organizational structures give critical decision-making responsibilities to department heads and project managers, freeing top management and business owners to concentrate on strategic planning and big-picture choices.
What advantages does a decentralized organization have?Employees who work for decentralized organizations have the freedom to decide things that affect their jobs. As a result, there will be an uptick in employee engagement and a decline in turnover because it gives these workers a feeling of importance, worth, and belonging inside the company.
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jacob is conducting an audit of the security controls at an organization as an independent reviewer. which question would not be part of his audit?
Is it conceivable that the security measure will soon become obsolete?
How does audit work?A physical inventory check is followed by an auditor's review or inspection of several account books to ensure that all sectors are using the same documented system of documenting transactions. It's done to make sure the organization's financial accounts are accurate.
Why are audits performed?The goal of just an audit is to find out whether the data in the earnings statement, taken as a whole. accurately depicts the organization's financial situation as of a specific date, for instance: Are the balance sheet's descriptions of what the company owns and what it owes accurate.
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what is the sum of marginal private benefit and marginal external benefit of production of consumption of a good
The marginal advantage obtained by users of a commodity or service (marginal private benefit) and by everyone else who benefits from it is known as the marginal social benefit (MSB) (the marginal external benefit). MSB = MB + Marginal External Benefit, in other words.
Consumer pleasure plus or minus the overall environmental and social costs or benefits is referred to as the marginal social benefit. For instance, marginal social benefits are greater than marginal private benefits when positive externalities of consumption are present.
The difference in advantages brought on by consuming one more unit of an item or service is known as a marginal benefit. In most cases, it depends on how much buyers are prepared to spend on the extra unit of manufacturing.
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an example of a correction of an error in previously issued financial statements is a change
A move from the cash basis to the accrual basis of accounting is an example of correcting an error in previously released financial statements.
Leave a thought on Accounting ChangesA change in an accounting concept or assumption should be explained by how it benefits and effects the financial statements. Depending on the magnitude, these adjustments should be noted in the footnotes to accounts. A move from the cash basis to the accrual basis of accounting is an example of correcting an error in previously released financial statements. We do not account for transactions that do not involve cash on the cash basis, but we do on the accrual basis.
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in 2005, the price for copper in the u.s. was $7 and 3,850 pesos in chile. in 2016, you are told that the us has had 25% inflation over the period and chile had 60%. what should the us dollar to chilean peso exchange rate be in 2016 (using e from the us perspective)?
The best rate was 731.9705 CLP on 2016 saw an average CLP exchange rate of 676.5299. , 2016, the worst exchange rate was 647.1947 CLP.
Does Chile have a strong US dollar?
The US dollar's strength and a decline in copper prices, one of Chile's main exports, contributed to the USD/subsequent CLP's rise to a record high of 1,050.76 on July 18.
...exchange rate of 676.5299
USD/CLP increases due to political turmoil and a strong dollar.Is the peso of Chile steady?
Since then, the value of the currency has fluctuated unrestrictedly, however the Chilean government occasionally permits market intervention to reduce excessive volatility. With the exception of measures the central bank adopted in response to particular occurrences, the value of the currency has been comparatively steady since.
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suppose the beta of amazon is 2.2, the risk-free rate is 5.5 percent, and the market risk premium is 8 percent. calculate the expected rate of return for amazon.
Suppose the beta of amazon is 2.2, the risk-free rate is 5.5 percent, and the market risk premium is 8 percent. The expected rate of return for amazon is Beta = 5.5 + (2.2)(8) = 23.1%.
Amazon is a US-based multinational technology company focused on artificial intelligence, cloud computing, online advertising and digital streaming. As one of the world's most valuable brands, it is considered "one of the world's most influential economic and cultural forces".
It is one of America's big five tech giants, alongside Microsoft, Apple, Apple, Meta and Alphabet. Jeff Bezos founded his Amazon on July 5, 1994 in a garage in Bellevue, Washington. It started as an online bookstore, but has since expanded to include a wide variety of merchandise, earning it the nickname 'The Everything Store'.
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which type of wholesale organization would be most useful to a small manufacturer that has shipments that are too small to fill a truck or railcar? a. cash-and-carry wholesalers b. freight forwarders c. rack jobbers d. piggy-backers
Option B is correct, Freight forwarders are a type of wholesale organization that would be most useful to a small manufacturer which got too small shipments to fill a truck.
It is a person or business that arranges shipments for people or businesses to get products from a manufacturer or producer to a market, client, or final point of distribution in exchange for a fee. They are a company that specializes in organizing goods on behalf of shippers. Freight forwarders typically offer a range of supply chain services, such as Ocean or air freight transport. from the point of origin to the point of destination by land. They might set up a truck to transport cargo from a facility to an airport,
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when purchases of tennis socks decline following an increase in the price of tennis sneakers (other things remaining equal), the relationship between these two items can be described as
When purchases of tennis socks decline following an increase in the price of tennis sneakers, the relationship between these two items can be described as complementary.
What are the types of relationships are in purchases?
Basically, there are five types of relationships between the products are transactional, functional, affiliative, complementary and strategic.
Here we have to find when purchases of tennis socks decline following an increase in the price of tennis sneakers (other things remaining equal), the relationship between these two items can be described as what term.
As we know that, the complementary goods are products which are bought and used together.
Which tells that a fall in the price of Good X will lead to an expansion in quantity demand for X. Where as this might then lead to higher demand for the complement Good Y.
Based on these we have described that the given relationship is complementary one.
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as a result of tests of controls, an auditor incorrectly assessed control risk too low and decreased substantive testing. this assessment occurred because the true deviation rate in the population was:
riley, a new graduate with a finance degree, was recently hired by a large corporation to work in tax management. riley's goal is
Answer: to minimize the firm’s tax consequences
Explanation:
if the total cost per day remains uncahnged in the long run what is the long run equilibrium price for umbrellas
$8. All firms will make the min average total cost in the long run. This is productive efficiency. Firms will leave the industry until the price rises from $7 to $8
A business indicator known as long-run average total cost (LRATC) shows the average cost per unit of output over a lengthy period of time when all inputs are assumed to be erratic and the production scale is flexible. The long-run average cost curve displays the long-run total cost of production at the lowest level of output.
Assuming that all production parameters are variable, the long-run average cost (LRAC) curve displays the firm's lowest cost per unit at each level of output. The ideal factor mix, as outlined in the preceding section, is assumed by the LRAC curve to be selected by the firm in order to provide any amount of output.
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__________ is measured by the project’s impact on uncertainty regarding the firm’s future returns.
Corporate risk is proxied by the project's impact on the company's potential future earnings uncertainties.
Why does dread arise from doubt?
You have a propensity to become afraid out of the unknown when you know absolutely nothing about a situation you are confronting. It could get worse and develop into an intolerance for uncertainty. Some people, particularly those with anxiety and mood problems, are more prone to fear of the unknown than others.
Why is the ambiguity of life significant?
Because if there is one thing we can be sure of, it is that while security and ease may come with comfort and low expectations, clinging to them hinders us from reaching our full potential and restricts our future. In the end, uncertainty has the potential to either make or break your life. Embrace
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in the market for a given product, when a price floor is set above the equilibrium price the result will be group of answer choices more exchanges made in the market. a deadweight loss. a decrease in the demand for the product. an increase in the supply of the product.
A price floor occurs when the government sets a minimum price that companies must charge for a certain product. When this price floor is set above the equilibrium price, it may result in a decrease in the demand for the product, as consumers will be less likely to purchase the product at such higher prices.
There will also be an increase in the supply of the product, as companies will be now more willing to provide it at the higher price. Due to this, there will be more exchange take place in the market, as the number of traders is increased due to the higher price. However, due to the higher price, there will also be a deadweight loss, which occurs when transactions that would have been profitable at the equilibrium price are no longer made. This is the economic cost of the price floor, as it creates a misallocation of resources in the market.
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bema gold is an exploration and production company that trades on the toronto stock exchange. assume that when purchased by an international investor the stock's price and the exchange rate were cad5 and cad1.0/usd0.72 respectively. at selling time, one year after the purchase date, they were cad6 and cad1.0/usd1.0. calculate the u.s. investor's annual percentage rate of return in terms of the u.s. dollars.
The investor's annual percentage rate of return in terms of the U.S. dollars if the investor had sold CAD5, the principal investment amount at the same time that the stock was purchased, forward at the forward exchange rate of CAD1/USD.80 is 66.67%.
To calculate,
HPR = gain/pain
Gain = CAD6*($1/CAD 1.00)-CAD5*($0.72/CAD 0.64) = $6-$3.60 = $2.40
Pain = CAD5*($0.72/CAD 0.64) = $3.60
HPR = $2.40/$3.60 = 66.67%
The annual rate of return is the percentage change in an investment's value. For instance, if you assume a 10% annual rate of return, you are assuming that the value of your investment will rise by 10% each year.
A return in finance is a profit on an investment. It includes any change in the investment's value and/or cash flows received by the investor, such as interest payments, coupons, cash dividends, stock dividends, or the payoff from a derivative or structured product.
Most investors consider an average annual rate of return of 10% or higher to be a good ROI for long-term stock market investments. Keep in mind, however, that this is an average.
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when you are creating a budget, should you use your gross pay or net pay? explain your reasoning.
When creating a budget, one should use their net pay, because this is the true amount of income left after taxes and other deductions. This gives a more realistic indicator of what one can afford to spend.
When creating a budget, you should use your net pay, not your gross pay. The reason behind this is that your net pay, also known as your take-home pay, is the amount of money you have left after taxes and other deductions such as health insurance or retirement contributions have been taken out.
This is the effective income you have to spend. Using this in your budgeting gives you a more realistic estimate of what you can afford. For instance, if your gross pay is $5,000 a month, but after deductions, you receive $4,000, basing your budget on the $5,000 would lead to overspending.
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