The building block that will rely upon to ensure jobs are properly supervised is coordinating activities among the jobs.
What is a job?A job is a deliberate activity carried out by individuals to support their own, others', or a larger community's needs and desires. Work can be understood in the perspective of economics as the human activity that contributes to the commodities and services that make up an economy, along with other factors of production. All communities depend on work, but the nature of that work varies greatly within each society and between them. For example, some societies rely on manual labor to gather natural resources, while others operate sophisticated machines that relieve many people of their physical or even mental labor. Other resources, specialized knowledge, and tools are also needed for all but the simplest jobs (such as material for manufacturing goods). History has seen a wide diversity of attitudes toward work represented by many cultures and individuals.
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an accelerated depreciation method yields larger depreciation expense in the early years of an asset's life and less depreciation expense in later years. group startstrue or false
The correct answer is True. This is because accelerated depreciation is a depreciation method that allows you to recognize a higher depreciation expense in early years and less depreciation expense in later years.
We use accelerated depreciation because it is one of the largest corporate subsidies in tax law. This allows taxpayers to take more deductions in the early stages of investing, thus paying less tax. Therefore, accelerated depreciation subsidizes business investment. Accelerated depreciation methods are not technically required, but tend to adjust the allowable depreciation rate of an asset to its actual use. This adjustment usually happens because assets are most used when they are new, functional, and most efficient.
Accelerated depreciation is the faster depreciation of a fixed asset at the beginning of its useful life. This type of depreciation reduces the amount of taxable income early in the asset's useful life and allows tax liability to be deferred to a later period.
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in a certain store, there is a .03 probability that the scanned price in the bar code scanner will not match the advertised price. the cashier scans 800 items. (a-1) what is the expected number of mismatches? (a-2) what is the standard deviation? (round your final answer to 4 decimal places.) (b) what is the approximate normal probability of at least 20 mismatches? (round the z-value to 2 decimals. use appendix c-2 to find probabilities. round your final answer to 4 decimal places.) (c) what is the approximate normal probability of more than 30 mismatches? (round the z-value to 2 decimals. use appendix c-2 to find probabilities. round your final answer to 4 decimal places.)
(a) The required standard deviation is 4.7886
(b) The required probability is 0.8944
(c) The required probability is 0.0721
Moreover, we have probability (p) = 0.03
sample size (n) = 788
putting the value n = 788 and p = 0.03, we get
Standard deviation = \sigma = \sqrt(n*p*q)
where n=788, p = 0.03 and q = 1- p= 1-0.03 = 0.97
so, required standard deviation is 4.7886
(b) Probability of at lest 18 mismatches
putting the value of \bar{x} = 18, \mu = 24, \sigma = 4.7886
P(Z\ge18) = (18-24)/(4.7886) = -6/4.7886 = -1.25 so, P(Z\ge-1.25) = P(Z<1.25) = 0.8944. Using normal standard deviation table So, the required probability is 0.8944
(c) Probability of more than 31 mismatches
putting the value of \bar{x} = 31, \mu = 24, \sigma = 4.7886
P(Z>31) = (31-24)/(4.7886) = 7/4.7886 = 1.46
so, P(Z>1.46) = 1-P(Z<1.46) = 1- 0.9289 = 0.0721(Using normal standard deviation table) So, the required probability is 0.0721.
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jamya drove a car a total of 25,000 miles in 2022, of which 17,500 were for business and 7,500 were personal use. jamya incurred $5,000 in lease payments, $2,500 in fuel, $2,000 in insurance, and $150 for license and registration of the vehicle. what is the business use percentage for this vehicle?
The business use percentage for this vehicle is 70%. The cost incurred for business purposes is $6755
Use of your vehicle for business purposes includes, but is not limited to, utilizing it to carry out your line of work or profession. This includes transporting anything you need for work (such a laptop, samples, or papers), but not supplies. A lawyer driving his own car to client meetings, a realtor driving her own car to house showings, etc. are examples of business use classification.
Total miles driven = 25000
Miles drove for business = 17500
Miles drove for personal use = 7500
Percentage of miles driven for business use = 17500/25000*100 = 70%
Cost of lease payment = $5000
Cost of fuel = $2500
Cost of insurance = $2000
Cots of license and registration = $150
Total cost = $9650
So, cost incurred for business purpose = 9650*70% = $6755
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Which of the following characteristics is not indicative of an enterprise qualifying as a primary beneficiary with a controlling financial interest in a variable interest entity? a. the power to direct the most significant economic performance activities b. the power through voting or similar rights to direct activities, which significantly impact economic performance c. the obligation to absorb potentially significant losses of the entity d. no ability to make decisions about the entity's activities e. the right to receive potentially significant benefits of the entity.
No ability to make decisions about the entity's activities. Option D is correct .
What is entity's activities?
An entity combines actions that are managed by a single entity. You can't link a form to an entity until it already exists. The entirety of a firm or partnership is covered by an entity. An activity is a component of the partnership or business. To put it another way, a single entity can encompass a variety of actions.Is entity and activity the same?
The entire Partnership or firm is a single entity. An activity is a component of the partnership or business. To put it another way, a single entity can encompass a variety of activities.Learn more about entity's activities
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if you think that the dollar is going to appreciate against the euro, you should group of answer choices buy put options on the euro. sell call options on the euro. buy call options on the euro. both a and b none of the options
You should purchase call options on the euro if you believe that the dollar will strengthen versus the common currency.
How can currency risk be reduced with options?An alternative strategy for managing currency risk is to create a synthetic forward contract using the money market hedge. currency futures Currency futures are used to hedging exchange rate risk because they trade on an exchange and don't require upfront margin.
What are call and put currency options?A put option grants the right to sell, whereas a call option grants the right to buy. Every time there is a currency exchange, one currency is purchased and another is sold. Taking the opportunity to exchange Indian rupees for US dollars as an example (INR).
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which of these is one of the two goals to product development?
1 insurance
2 improvement
3 sales
4 quantity
Option 2, is one of the important goals in product development, because it represents the fundamental aim of the production of a particular good, since the better the good, the higher the demand, thereby increasing sales.
What are sales?
Sales refers to a transaction between two or more parties that involves the exchange of goods which could either be tangible or not, rendering of services, for money. Cash is either paid to a seller, or an asset can be given.
in essence, sales is represents a contract between a seller of a particular good or service and a buyer who is in need of the good or service, and is willing to pay for that good or service.
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. a(n) shows the relationship between national income (gdp) and total spending (question is worth 10 points). a) balance sheet b) expenditure schedule c) consumption curve d) demand schedule
Consumption curve, is an economic formula that represents the functional relationship between total consumption and gross national income.
What is Consumption curve ?The income-consumption curve is a curve in a graph where the quantities of two items are displayed on the two axes in economics, and specifically in consumer choice theory. The curve is the locus of points representing the consumption bundles chosen at each of several income levels.The change in consumption brought on by a change in real income is known as the income impact in economics. Both external sources of income and income freed up by a decrease in the cost of an item that is being purchased can account for this shift in income.The income-consumption curve, illustrates the impact of the former sort of change in available income, while the substitution effect and the impact of existing income that is released as a result of a price decrease are also discussed.Prices, financial income, and customer preferences are key factors in resolving the consumer optimization dilemma. Comparative statics of consumer behaviour looks into how selected values of endogenous, or dependent, variables are affected by changes in exogenous, or independent, variables.To learn more about Consumption curve refer :
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What is the main purpose of the FDIC?
The FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex financial institutions resolvable; and manages receiverships.
What impact did the FDIC have?In the event that financial institutions collapse, the Federal Deposit Insurance Corporation (FDIC) is an independent organization that offers deposit insurance for bank accounts and other assets in the United States.The FDIC was established to increase customer trust in the soundness and stability of the country's financial system.The Banking Act of 1933, also known as the Glass-Steagall Act, established the Federal Deposit Insurance Corporation (FDIC), an independent U.S. government corporation, with the mandate to regulate certain banking practices and to insure bank deposits in eligible banks against loss in the event of a bank failure.To learn more about Federal Deposit Insurance Corporation refer,
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baran wants to begin drug testing applicants before he hires them to work for his hotel. which of the following is true and sound advice for baran?
a. Baran should begin drug testing because an increasing number of employers are drug testing applicants.
b. Baran should test every applicant in the pool or none at all.
c. Drug testing is prohibited by federal law, but it is permitted in most states.
d. Drug testing is prohibited by law, but alcohol testing is permitted.
Baran should test every applicant in the pool or none at all is true and sound advice for baran.
The applicant is a dramatic caricature written by way of Harold Pinter. At the start written in 1959 and primary published by way of Eyre Methuen in 1961, it became first broadcast on BBC Radio on the 1/3 Programme "among February and March 1964," together with Pinter's other revue sketches, it's Your trouble, it really is All, Interview, and dialogue for 3. A revised and lots-extended model of Applicant is integrated inside the ultimate scene of Act one in all Pinter's play The Hothouse, wherein the person still called Lamb is "tested" in "a soundproof room" via pass over Cutts, the successor of leave out Piffs, and her colleague Gibbs (fifty eight–seventy eight).
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smith furniture manufacture makes the venza model chair with a target selling price of $300. smith furniture wants a desired net profit of 40%. what is the target cost per chair?
The targets cost price per chair will be $180.
What is the cost price?The cost price in retail systems reperesents the particular value that corresponds to the unit price paid. In some stock market theories, this value is utilized to establish the value of stock holdings and is used as a key determinant of profitability.Profit is defined as the difference between the price charged and the costs incurred. Therefore, the cost should be less than the price to ensure that the business is profitable. For instance, the company makes a $6 profit if a customer spends $20 on a product that cost $14 to produce and sell.So, the target cost price will be:
300 - (300 × 0.40)
300 - 120
$180
Therefore, the target cost price per chair will be $180.
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10. a market is initially in a long-run equilibrium and there is a permanent increase in demand. after the new long-run equilibrium is reached, there
A market is initially in long-run equilibrium and there is a permanent increase in demand. after the new long-run equilibrium is reached, there are more firms in the market.
The handiest 3 sorts of stresses can exchange the composition of an equilibrium mixture: (1) a trade within the concentrations (or partial pressures) of the additives through including or removing reactants or products, (2) an exchange in the overall strain or volume, and (three) an alternate in the temperature of the gadget.
Shares seesawed ever decrease until expenses determined a few new stages of equilibrium. For the financial system to be in equilibrium, profits have to equal expenditures. I paused in the hall to take 3 deep breaths to restore my equilibrium. He had recovered his equilibrium or even his excellent humor, in some way.
Natural equilibrium manner the repute wherein in a particular location and equilibrium happens between the interactions of the guy, the elements of living nature, and the system of habitat situations created by means of the elements of inanimate nature, pattern 1.
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schultz industries is considering the purchase of arras manufacturing. arras is currently a supplier for schultz and the acquisition would allow schultz to better control its material supply. the current cash flow from assets for arras is $7.1 million. the cash flows are expected to grow at 10 percent for the next five years before leveling off to 4 percent for the indefinite future. the costs of capital for schultz and arras are 11 percent and 9 percent, respectively. arras currently has 2.5 million shares of stock outstanding and $22 million in debt outstanding. what is the maximum price per share schultz should pay for arras?
The market value of the equity is the market value of the company minus the market value of the debt.
What is a banking system?A bank is a type of financial institution authorized to grant loans and accept deposits for checking and savings accounts. Individual retirement accounts (IRAs), certificates of deposit (CDs), currency exchange, and safe deposit boxes are other services that banks offer.Retail banks, commercial or corporate banks, and investment banks are just a few of the several sorts of banks.Since the fourteenth century, at least, banks have existed. They give customers and business owners a secure place to store their cash as well as a way to get loans for both personal and professional endeavors.Banks provide loans and charge interest on them using the money that is deposited.Since the Medical family began dabbling in banking during the Renaissance, the basic business model hasn't changed much, but the variety of products that banks offer has expanded.According to our question-
Current cash flow = $7.1 million.
Growth rate = 7% for 5 years before leveling off to 4% for the indefinite
future.
Costs of capital
For Schultz = 11%
For Arras = 9%
Arras shares = 3 million in stock outstanding
Arras Shares $25 million in debt outstanding.
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sometimes consumers have difficulty retrieving a specific piece of information because other related information in memory gets in the way, which is an effect referred to as .
When consumers have difficulty retrieving a specific piece of information due to other related information is interference.
When consumers experience memory interference, they struggle to retrieve a certain piece of knowledge because other relevant information interferes with it. Marketers employ a variety of tactics to lessen the impact of rival advertising, such as avoiding it, enhancing early learning, decreasing similarities to rival commercials, and offering external retrieval cues.
Thus, when customers struggle to recall a certain piece of information because other pertinent information in their memory gets in the way, this interference phenomenon takes place. According to a notion, short-term memory might interfere with long-term memory, causing the latter to be lost and impossible to retrieve.
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Writing rapidly with intent to rewrite certain portions can be frustrating and can reduce the quality of the finished work.
It is not a good technique to write rapidly because it reduces the chances of successfully communicating your thoughts, even if you plan to go back and rewrite certain portions.
True
False
Writing rapidly with the intent to rewrite certain portions can be frustrating and can reduce the quality of the finished work. It is not a good technique to write rapidly because it reduces the chances of successfully communicating your thoughts, even if you plan to go back and rewrite certain portions. this statement is false.
Communication (from Latin: communicate, meaning "to share" or "to be in relation with")is commonly described because of the transmission of information. The time period also can refer simply to the message communicated or to the sector of inquiry analyzing such transmissions. There are many disagreements approximately its precise definition. John Peters argues that the problem of defining conversation emerges from the reality that conversation is each a universal phenomenon (due to the fact all and sundry communicate) and a unique discipline of institutional educational study.
One definitional method includes proscribing what may be covered withinside the class of conversation (for example, requiring an "aware intent" to persuade). By this logic, one feasible definition of conversation is the act of developing meaning among entities or groups thru the usage of sufficiently jointly understood signs, symbols, and semiotic conventions.
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the result of adding additional assets to a portfolio, when the returns of the individual assets are non-correlated.
The result of adding additional assets to a portfolio is when the returns of the individual assets are non-correlated. to risk premium.
An economic entity or a business can own or control any resource as an assets. It is anything that has the potential to generate gains in terms of the economy. Assets are ownership value that can be exchanged for cash. A portfolio is an assortment of financial investments such as stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange-traded funds. Most people think that the three main components of a portfolio are stocks, bonds, and cash. Intangible assets like patents, royalties, and other intellectual property are included in the category of assets along with tangible items like machinery, real estate, raw materials, and inventory. The name of the thing itself is derived from the Italian for a case meant for carrying loose papers.
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According to the pm essential skills video case, project managment is all about what?.
Project management is all about methods, skills and experience to achieve specific project objectives.
According to the project management (pm) essential skills video case, project management is to plan and manage a project to successfully complete its listed goals and deliverables.
In a project management, explain how successfully projects are organized and administered. it is leading a team to hit goals or complete deliverables within a set timeframe.
The main goals is the first is to project outcome goals and second is high-level project management performance goals that apply to the overall performance to the team and project manager.
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b. how much will gdp change after a $400 billion decrease in government purchases, if the multiplier is 1.25?
The GDP change after a $400 billion decrease in government purchases, if the multiplier is 1.25 will be -398.75 billion.
According to the Bureau of Economic Analysis' "advance" estimate, real gross domestic product (GDP) expanded at an annual rate of 2.6 percent in the third quarter of 2022 (table 1). The real GDP fell by 0.6% in the second quarter.
A rising GDP indicates that the economy is expanding, which increases the resources accessible to citizens in the form of goods, services, wages, and profits.
The demand for money will rise as the GDP rises because more people will need money to conduct the transactions required to acquire the new GDP. In other words, the effect of transaction demand causes a rise in the demand for real money.
Change in GDP = 1.25*(-$400billion) = -398.75 billionHence, gdp change will be -398.75 billion.
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Group level reward systems in which employees are gradually given a major stake in the ownership of corporation.
Employee stock ownership plans (ESOPs) are a major stake in the ownership of a corporation.
A business enterprise is a corporation—usually a group of human beings or an organization—legal by means of the country to behave as an unmarried entity (a felony entity identified by private and public law "born out of statute"; a legal individual in a legal context) and diagnosed as such in regulation for sure purposes. 10 Early included entities have been hooked up with the aid of a charter (i.e. via an ad hoc act granted with the aid of a monarch or exceeded via a parliament or legislature). maximum jurisdictions now allow the introduction of recent corporations through registration. corporations come in many different sorts but are usually divided through the regulation of the jurisdiction in which they are chartered based totally on two components: by means of whether they could trouble stock, or with the aid of whether they are fashioned to make a profit.
where neighborhood law distinguishes companies with the aid of their capability to trouble inventory, organizations allowed to do so are referred to as stock companies; one type of investment inside the organization is through inventory, and proprietors of inventory are referred to as stockholders or shareholders. corporations no longer allowed to have difficulty stock are called non-inventory corporations; i.e. folks that are taken into consideration as the owners of a non-inventory business enterprise are humans (or other entities) who have acquired clubs within the corporation and are called a member of the corporation.
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Sport management and marketing agencies perform functions for industry stakeholder groups defined as.
Sport management and marketing agencies perform functions for industry stakeholder groups defined as talent, properties, corporate brands, media companies.
Management is the administration of an corporation, whether or not it's far a business, a non-earnings agency, or a government frame. it's far the art and science of dealing with sources of the enterprise.
The control definition is a single or institution of folks that challenges and oversees a person or collective group of humans in efforts to accomplish favored dreams and targets. moreover, the definition of control consists of the capacity to plot, arrange, reveal and direct individuals.
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which mode and class of transportation is most likely to be used for a 500-mile shipment of time-sensitive, fragile products weighing 20,000 pounds?
The most likely mode of transportation for a 500-mile cargo of delicate, time-sensitive goods weighing 20,000 pounds is a truckload truck.
What is mode of transportation?The term "transport mode" describes the methods available for moving people and/or cargo. Rail, marine (sea), and air travel are all possible forms of transportation for both people and commodities.Road transportation, rail transportation, river transportation, and air transportation are the four main modes of transportation. In most of the world, road transportation is the most frequently used kind of transportation. Water transportation is the main mode of transportation in some low-lying places, such as Venice.The several modes of transportation include pipeline, rail, road, air, and water. The field can be divided into infrastructure, operations, and vehicles. The development of human civilization depends on the facilitation of inter-person commerce, which is made possible by modes of transportation.To learn more about mode of transportation refer to :
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metallica bearings, inc., is a young start-up company. no dividends will be paid on the stock over the next 7 years because the firm needs to plow back its earnings to fuel growth. the company will then pay a dividend of $13.00 per share 8 years from today and will increase the dividend by 6 percent per year thereafter. the required return on the stock is 14 percent. what is the price of the stock 7 years from today? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
The current stock price is $65 with the required rate of return as 14%, dividend as $13.00 per share for a period of 8 years.
What is dividend growth model?Investors can use the dividend growth model, a mathematical technique, to calculate a realistic fair value for a company's stock based on its present payout and anticipated dividend growth in the future.
The dividend growth model's fundamental formula is as follows:
Price = Current annual dividend ÷ (Desired rate of return-Expected rate of dividend growth)
This method can be a useful tool for calculating a stock's fair price depending on several possible outcomes.
To solve the question :
Given,
In eight years, the corporation will pay a dividend of $13.00 per share, and each year following that, it will grow by 6%. If this stock requires a 14 percent return.
Therefore, the value of next dividend is $13.00, and it will increase with the rate of 6% i.e growth rate = 6% = 0.06
The required rate is 14% = 0.14
As we will use the dividend in Year 8, we will be finding the stock price in Year 7.
Now calculate the stock price for next 7 years (P7) :
P7 = Next dividend/(required rate-growth rate)
P7 = $13.00/(0.14 - 0.06)
P7 = $13.00/0.08
P7 = $162.50
Now calculate the current stock price as shown:
Current stock price = P7/ (1 + required rate of return)^{7}
= $162.50/ (1 + 0.14)^{7}
= $162.50/ (1.14)^{7}
= $162.50/ 2.50
= $65
Therefore, the current stock price is $65
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the engineers at wonderful widgets have come up with an idea for a new product. the company has determined that the product fills a market need and that it should generate a profit. now the company wants to see how the product attributes will be perceived by the consumer. how will the company do this?
The business has decided that the product should make a profit since it meets a market need. The business now wants to see
Which marketing strategy aids companies in gathering data for new products and services?Market research: By acquiring data about consumer behavior, both current and potential, and then evaluating and interpreting that data, firms can decide with confidence whether to launch a new good or service.
What features of the product are significant to consumers?Size, color, flavor, container type, and other characteristics that are pertinent to the category are examples of attributes. These characteristics set the consideration set from the consumer's point of view and affect the final purchase choice.
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suppose the federal reserve sets the reserve requirement at 12%, banks hold no excess reserves, and no additional currency is held.
The money multiplier, based on the information provided, is 8.33 times.
Money multiplier a. Money multiplier is 1 divided by the reserve ratio
multiplier=1 divided by 0.12
8.33 times the multiplier
c. The total money supply is 80 + 8.33.
$666.4 million is the total money supply.
b. The total money supply equals 500 / 8.33.
Total supply of money is $60 million.
Conclusion: The multiplier for money is 8.33.
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select choices which are true about total costs. (select all that apply.) question 38 options: always decreases as quantity increases
Average total cost X quantity. This is because ATC is TC / Q so TC is ATC * Q
(Average variable cost plus average fixed cost) X quantity. This is again through because AVC + AFC is equal to ATC and ATC * Q is TC
Total variable cost plus total fixed cost.
It is not always horizontal because it may contain both fixed costs and variable costs. It may not always decrease or always increase because it depends upon the presence of fixed costs as well as variable costs.
Cost, in common usage, is the financial price of products and offerings that manufacturers and purchasers purchase. In a fundamental monetary experience, the fee is the measure of the opportunity opportunities foregone inside the desire of one excellent or pastime over others.
The two basic types of charges incurred by means of businesses are constant and variable. fixed charges no longer vary with output, whilst variable costs do. constant costs are every now and then referred to as overhead expenses. they are incurred whether a company manufactures one hundred widgets or 1,000 widgets.
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which of the following statements is correct? a. multiple irrs can exist, but not multiple mirrs. this is one reason some people favor the mirr over the regular irr. b. if a firm uses the discounted payback method with a required payback of 4 years, then it will accept more projects than if it used a regular payback of 4 years. c. for mutually exclusive projects with normal cash flows, the npv and mirr methods can never conflict, but their results could conflict with the discounted payback and the regular irr methods. d. the npv, irr, mirr, and discounted payback (using a payback requirement of 3 years or less) methods always lead to the same accept/reject decisions for independent projects.
Multiple IRRs can exist, but not multiple MIRRs. This is one reason some people favor the MIRR over the regular IRR.
Why would a project have multiple IRRs?There can be more than one IRR, but not more than one MIRR.This is one of the arguments in favor of the MIRR versus the conventional IRR.Junk bonds are a type of high-risk, high-yield debt.They are frequently employed to fund leveraged acquisitions and mergers as well as to lend money to businesses with uncertain financial standing. When one analyzes cash inflows and cash outflows in the internal rate of return, multiple rates of return occur. The internal rate of return is the present value of cash flows that will result in a project breaking even.If there are many sign changes in a net cash flow stream, the IRRs will vary. If a project has nonstandard cash flows, it may have several IRRs.When cash withdrawals happen after cash inflows have started, this is known as an abnormal cashflow.To learn more about multiple IRRs refer
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when a firm is facing high pressure for local responsiveness and low pressure for cost-reductions, the firm is likely to adopt a(n) strategy according to the integration-responsiveness framework.
When a firm is facing high pressure for local responsiveness and low pressure for cost-reductions, the firm is likely to adopt a transnational strategy according to the integration responsiveness framework.
A transnational strategy is a plan of action by which a company decides to carry out its operations across international boundaries. With the help of this strategy, the company's activities and assets are linked to every country where it conducts business.
The centralization advantages of a global strategy are presented by this strategy. However, transnational business strategy is different from multinational, global and international company strategies.The goal of a transnational strategy is to excel both at local responsiveness and global inclusion. This strategy aims to capitalise on the advantages of conducting business internationally.
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most airline companies offer frequent flyer programs, which award points based on the number of miles flown with the airlines. the points can then be exchanged for free flights. this is an example of what type of segmentation?
This is a type of usage rate segmentation as airline offer flyer programs awarding points to their customers on the number of miles they've flown with the airlines.
Usage rate segmentation is a measurement of the number of customers who are liking the company's product as well as the population disliking it. This is done by putting out different offers and features for their customers/users in order to get them involved with their goods and services. Four types of consumers can be categorized in usage rate segmentation: new users (engaging such users can increase their potential and revenue), power users ( committed to the products), advocates (using, praising, and recommending to others), and inactive users (disengaged and not interested one).
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When consumers are less confident about their jobs or incomes, they are more likely to.
When customers are much less assured approximately their jobs or incomes, they may be much more likely to: Reduce purchases of long lasting items than nondurable items.
The required details for durable goods in given paragraph
A long lasting good or a difficult good or patron long lasting is a good that doesn't quick put on out or, greater specifically, one which yields utility over the years instead of being completely fed on in a single use. Items like bricks might be taken into consideration flawlessly long lasting items due to the fact they have to theoretically in no way put on out. Highly long lasting items such as refrigerators or cars generally remain beneficial for numerous years of use, so long lasting items are generally characterized via way of means of lengthy intervals among successive purchases. Durable items are recognized to shape an vital a part of monetary manufacturing. This may be exemplified from the reality that private costs on durables surpassed the overall cost of $800 billion in 2000. In the 12 months 2000 itself, long lasting items manufacturing composed of about 60 percentage of mixture manufacturing within side the production quarter within side the United States.
Examples of patron long lasting items include bicycles, books, family items (domestic appliances, patron electronics, furniture, tools, etc.), sports activities equipment, jewelry, scientific equipment, and toys. Nondurable items or gentle items (consumables) are the alternative of long lasting items. They can be described both as items which can be right away fed on in a single use or ones which have a lifespan of much less than 3 years.
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a men's tie store sold an average of 30 ties per day when the price was $6 per tie. the same store sold 60 of the same ties per day when the price was $3 per tie. in this case, the absolute value of the price elasticity of demand, is:
According to the given information, the absolute value of the price elasticity of demand, is - 2.0151 (more than 1 but less than 3).
With the midpoint method, the change in quantity is divided by the average of the initial and final quantities divided by the change in price divided by the initial and final prices to determine price elasticity of demand (Ep).
Ep = [tex]\frac{(Q2-Q1)}{(Q1+Q2)/2}[/tex] ÷ [tex]\frac{(P2-P1)}{(P1+P2)/2}[/tex]
Ep = [tex]\frac{(30-60)}{(30+60)/2}[/tex] ÷ [tex]\frac{(6-3)}{(6+3)/2}[/tex]
Ep = - (-60/45) ÷ (3/4.5) = - 2.0151
The negative sign here denotes that the relationship between the change in quantity and the change in price is inverse. As a result, demand's price elasticity is always negative.
A measure of a product's change in consumption in response to a change in price is called price elasticity of demand.If the price elasticity is infinite, then a good is perfectly elastic.A good is elastic if its price elasticity exceeds 1; it is inelastic if it is less than 1.A good is completely inelastic if its price elasticity equals zero (no price change, no matter how small, results in a change in demand).Unitary elasticity refers to price elasticity that is exactly 1 (a change in price causes a change in demand that is exactly the same percentage).Learn more about Price elasticity of demand, here
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samsung placed an ad in rolling stone magazine announcing the galaxy tab, the world's thinnest tablet computer. the ad focused on the benefits that it offered based on common customer needs. samsung is using a(n) objective for its ad.
Samsung would be using an informing objective for its ad, the world's thinnest tablet computer.
Trying to show why this brand is superior to competitors would be the goal of a persuasive argument. To inform, convince, and remind consumers are the three main goals of advertising. Awareness of brands, goods, services, and concepts is raised via informative advertising. It can inform consumers about the characteristics and advantages of new or old items, as well as introduce new programs and products.
New product promotion: When a company has a new product, it may utilize educational advertising to let the public know about the change. The brand may develop knowledgeable consumers who are interested in the product by focusing on the unique attributes of the product—what need or want it might address.
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