Answer:
Growth rate will be 6.94 %
So option (c) will be the correct answer
Explanation:
We have given principal amount in 2002 is $1.15
So P = $1.15
And after seven year in 2009 amount become $1.84
We have to find the rate of interest
Time period n = 7 years
We know that future amount is given by
[tex]A=P(1+\frac{r}{100})^n[/tex]
[tex]1.84=1.15(1+0.01r)^n[/tex]
[tex]1.6=(1+0.01r)^7[/tex]
[tex](1+0.01r)=1.0694[/tex]
[tex]0.01r=0.0694[/tex]
r = 6.94 %
So option (C) will be the correct option
The average annual growth rate of dividends for the firm from 2002 to 2009 is approximately 8.09%, which is not one of the provided options.
To calculate the average annual growth rate of dividends for the firm from the year 2002 to 2009, we will use the formula for the compound annual growth rate (CAGR), which is:
CAGR = (Ending Value / Beginning Value)^(1/n) - 1
where:
Ending Value is the final dividend paid, which is $1.84.
Beginning Value is the initial dividend paid, which is $1.15.
n is the number of years, which is 7 years (from 2002 to 2009).
Plugging the numbers into the CAGR formula gives:
CAGR = ($1.84 / $1.15)^(1/7) - 1
CAGR = (1.6)^(1/7) - 1
CAGR = (1.0809) - 1
CAGR = 0.0809 or 8.09%
Therefore, none of the provided options (A, B, C) is correct. The correct average annual growth rate of the dividends for this firm is approximately 8.09%.
For each hour of production, a certain factory requires 1 assembly line worker for every 25 units to be produced in that hour.
Answer:
B) 12 + 2N
Explanation:
The company requires 1 assembly line worker for every 25 units it produces per hour, so it will require 2 assembly line workers for every 50 units. The number of managers is fixed = 12.
therefore the total number of workers = 12 (fixed managers) + 2N (assembly line workers for each for every 50 units) = 12 + 2N
Assume a large corporation is experiencing the principal-agent problem. What could the corporation do to minimize this problem? The company could
Answer:
1) Structure rewards/pay to be based on performance
2)Make them stakeholders/shareholders of the principal
Explanation:
The major principal/agent problem is the agent not acting in the best interest of the principal. Taking the steps above could minimize the problem
Do any economic systems in the world reflect the purest forms of command or laissez-faire economies?
Answer:
False
Explanation:
Laissez-faire economies is a principle that the "government should allow the economy or private businesses to develop without any state control or influence"
And for this reason this statement is FALSE, since in the majority of economies in the world the government plays an important factor since all the governments have regulations in order to ensure that the private companies take the majoriy of the economy of a country.
The _____________ (the interest rate banks charge each other on overnight loans) is highly sensitive to money market factors and well exemplifies the interaction of supply and demand for banking funds..
Answer:
Federal funds rate
Explanation:
By law, banks are meant to have a reserve relative to a percentage of deposits but when the bank cannot meet its financial obligations, it borrows from the federal reserve.
The federal funds rate is the interest rate that a bank charges another bank or banks when it lend money to those banks from its reserves when it gives an overnight loan.
Cheers.
Each unit in a fourplex rents for $850 per month. If the appraised value is $460,000, what is the GRM for the fourplex?
Answer:
135.3
Explanation:
GRM stands for Gross rent multiplier.
The formula and the computation of the gross rent multiplier are shown below:
Gross rent multiplier = Appraisal value ÷ rent for each four plex
= $460,000 ÷ 3,400
= 135.3
The rent for 4 units is computed below:
= Rent per month × number of four plex
= $850 × 4
= $3,400
The GRM for the fourplex is calculated by dividing the property price by the gross annual rent, resulting in a GRM of approximately 11.27.
To find the Gross Rent Multiplier (GRM) for the fourplex, you can use the following formula:
GRM = Property Price / Gross Annual Rent
First, calculate the Gross Annual Rent. Since each unit rents for $850 per month and there are four units:
$850 per month * 4 units = $3,400 per month$3,400 per month * 12 months = $40,800 per yearThen, use the GRM formula:
GRM = $460,000 / $40,800 ≈ 11.27
Therefore, the GRM for the fourplex is approximately 11.27.
A customer opens an account at a brokerage firm to purchase securities in an offering. The customer must receive the disclosure document/prospectus:_________
A. no later than the confirmation of the sale
B. no later than the settlement of the transaction
C. within 7 days of the transaction
D. within 90 days of the transaction
Answer:
The correct option is A
Explanation:
NASAA stands for North American Securities Administrators Association,which describe or states that falling to provide or supply to customer, the purchasing securities in an offering.
It should be done at no later than the confirmation date of the transaction, either a preliminary prospectus or a final prospectus and an extra document, which altogether contained all the information stated in the final prospectus.
Therefore, the customer should receive the disclosure document on no later date than confirmation of the sale.
Amy, the manager of a branch location of a large travel firm, treated company resources as if they were her own and encouraged continued development and training of her employees. She cared about the staff deeply and even organized international volunteering activities to promote their growth. Amy could best be described as which type of leader:A) situationalB) sharedC) laissez-faireD) servantE) transactional
Answer:
Correct answer is (D) Servant Leader
Explanation:
Servant Leader or leadership style is a form of leadership philosophy in which the main objective of the leader is providing increase services to others.
Amy believed by developing the employees, they will be motivated to do more for travel firm to expand.
Use the following appropriate amounts to calculate net income: Revenues, $11,100; Liabilities, $4,400; Expenses, $3,400; Assets, $17,200; Dividends, $1,500.
Answer:
$7,700
Explanation:
The net income shows a difference between the revenues and the expense.
And, the same is reflected in the statement of the retained earnings
In mathematically,
Net income = Revenue - expenses
= $11,100 - $3,400
= $7,700
Since the revenue is more than the expense, so the firm has earned a net income of $7,700
NAFTA:
a. created a free-trade zone for the United States, Japan, and western Europe.
b. created a free-trade zone for the United States, Mexico, and Canada.
c. created a free-trade zone for the United States, Great Britain, and Canada.
d. was hailed by organized labor and environmental groups.
e. raised tariffs significantly against imports from South America. QUIZ
Answer:
b. created a free-trade zone for the United States, Mexico, and Canada.
Explanation:
The NAFTA is known as the North American Free Trade Agreement.
The NAFTA created a free trade area or zone for the United States, Mexico, and Canada.
A free trade area is when there's a free flow of goods and services among participating countries and barriers to trade are removed.
The NAFTA agreement was established on January 1, 1994.
I hope my answer helps you.
"The correct option is b. NAFTA created a free-trade zone for the United States, Mexico, and Canada.
The North American Free Trade Agreement (NAFTA) was implemented on January 1, 1994, to create a trilateral trade bloc in North America. The member states include the United States, Canada, and Mexico. The agreement aimed to eliminate most tariff and non-tariff barriers on trade and investment between the three countries.
Let's analyze each option:
a. NAFTA created a free-trade zone for the United States, Japan, and western Europe: This statement is incorrect because Japan and the countries of western Europe are not part of NAFTA.
b. NAFTA created a free-trade zone for the United States, Mexico, and Canada: This statement is correct as these are the three countries that are part of NAFTA.
c. NAFTA created a free-trade zone for the United States, Great Britain, and Canada: This statement is incorrect because Great Britain is not part of NAFTA.
d. NAFTA was hailed by organized labor and environmental groups: This statement is generally incorrect. While some groups within these sectors may have supported NAFTA, many organized labor and environmental groups were critical of the agreement, fearing job losses and environmental degradation.
e. NAFTA raised tariffs significantly against imports from South America: This statement is incorrect. NAFTA aimed to reduce trade barriers, not raise them.
Which of the following graphs best illustrates how the force between fragments from the fission of a uranium nucleus varies as the fragments move away from each other?
Force by separation graph (y by x)
Explanation:
As decrease force, will increase separation - exponential
When close together (little separation --> will have high repulsive force)
The radioactive particles left behind after a larger nuclear nucleus undertakes nuclear fission are nucleic fission products.
Generally, by dividing into two smaller nuclear nuclei together with a few neutrons, the heat release energy (kinetic nuclear energy), and the Gamma rays a large nucleus like the fission of uranium.
Stocks and bonds:______
a. and checking accounts are all stores of value, but only stocks and bonds commonly function as mediums of exchange.
b. and checking accounts are all stores of value and commonly function as mediums of exchange.
c. and checking accounts all commonly function as mediums of exchange, but only stocks and bonds are a store of value.
d. and checking accounts are all stores of value, but only checking accounts commonly function as mediums of exchange.
Answer: d. and checking accounts are all stores of value, but only checking accounts commonly function as mediums of exchange
Explanation:
Checking accounts : Is a type of account operated with a financial institution that allows the customer to deposit and also make withdrawals. It is also knowns as transactional accounts. In running a checking account, account owners can have access to their money using debit cards, and the use of cheque.
•What makes checking account different from other types of bank account is that it allows the owner to make numerous withdrawals and there is also no limit to deposits.
Stock: Is an investment owned by an individual or groups through the purchase of shares from a company, it could also be a certificate issued to indicate ownership of shares in an organization.
•It is a a way of investing for an investor because as the stock grows the money also grows and also a means of raising money for an organization.
Bonds: Are issued by an organization in other to raise capital, they are securities with fixed income. The bond holder lends money to the bond issuer and the money is paid back at a fixed payment rate within a period.
If the exchange rate between the dollar and the Swiss franc changes from 1.8 to 1.5 francs per dollar, the franc depreciates and the dollar appreciates.
Answer:
False
Explanation:
Exchange rate helps to determine the value of money in the foreign currency. If the exchange rate changes from 1.8 to 1.5 francs per dollar it means that the franc per dollar appreciates, and the dollar depreciates. Now, more dollars can be bought by trading Swiss franc compared to the previous rate. A decrease in exchange rate decreases the value of the dollar compared to the Swiss franc.
Answer: false
Explanation:
Because monopoly firms do not have to compete with other firms, the outcome in a market with a monopoly a. is often not in the best interest of society. b. maximizes total economic well-being. c. is efficient. d. benefits consumers more so than the producer.
Answer:
a. is often not in the best interest of society.
Explanation:
A monopoly is when there is a single firm operating in an industry. This is usually so because of high barriers to entry of other firms.
Because a monopoly has only one firm in the industry, the firm sets prices to maximise profit. The firm earns economic profit in the short and long run.
The monopoly benefits the producer more than consumers. It is often inefficient and fails to maximise total welfare .
Because of these inefficiencies, government usually steps in to regulate the activities of a monopoly.
I hope my answer helps you.
One reason some economists doubt that patent protection encourages innovation is that economic studies show that inventors receive only __________________ of the total economic value of their inventions in countries that ______________ .
Answer:
one-third to one-half; already had patents
Explanation:
One reason some economists doubt that patent protection encourages innovation is that economic studies show that inventors receive only one-third to one-half of the total economic value of their inventions in countries that already had patents.
Final answer:
Economists question the effectiveness of patent protection as inventors receive just a fraction of the total economic value of their inventions, with the remainder benefiting others. Patent relevance is less in quickly advancing industries, and not all innovations can be patented. In addition, international variations in patent law enforcement further affect the incentive structure for innovation.
Explanation:
One reason that some economists doubt that patent protection encourages innovation is the unequal distribution of economic gains derived from inventions. A variety of economic studies indicate that in countries which already have patent systems in place, inventors receive only one-third to one-half of the total economic value of their inventions. This means that the remaining share of the benefits, often a significant majority, goes to other businesses, consumers, and potentially competitors, especially after the patent expires and generic alternatives become available.
In high-technology industries like biotechnology or semiconductor design, the pace of innovation is so rapid that patents may sometimes be less relevant because technology becomes obsolete quickly. Furthermore, not every type of innovation is patentable—such as certain business methods or training techniques—which further limits the incentive power of patents. Moreover, some argue that the duration of patents can also be problematic. The 20-year patent duration may be too long in some cases, allowing for an extended period of higher prices due to the lack of competition.
Lastly, the globalization of economies has impacted patent laws differently across the globe. Countries with underdeveloped legal and enforcement systems, such as some BRIC economies, may not incentivize innovation effectively because the protection for intellectual property is weak, and thus, the returns to inventors can be inadequately secured.
Which of the following steps in a tactical decision-making model follows the step that involves the comparison of the relevant costs and benefits of each alternative?
a.Selecting the alternative with the greatest overall benefit
b.Assessing qualitative factors
c.Identifying the alternatives as possible solutions to the problem and eliminating any unfeasible alternatives
d.Recognizing and defining the problem
Answer: The correct answer is "b.Assessing qualitative factors".
Explanation: The Assessing qualitative factors follows the step that involves the comparison of the relevant costs and benefits of each alternative in a tactical decision-making model.
After an evaluation with a focus on costs, determined which decisions are profitable and which are not, the qualitative factors that emerge from each decision must be compared.
Ralph has worked as a model builder at Snowdrop Architects for 30 years. He gets laid off, and the firm then hires Charlotte, who is 24 and willing to work for half of Ralph’s salary. The firm never offered to let him stay and do Charlotte’s job for half the pay. When he left, one of the other architects told him, "Frankly, it’s not a bad thing to have a cute young person working with the clients." Which of the following statements is true?
a. Ralph has a good claim against Snowdrop, because it had an obligation to offer him the lower-paying job before firing him.
b. Ralph has a good claim against Snowdrop, because it is illegal to replace an older worker with a younger worker just to save money.
c. Ralph has a good claim against Snowdrop, because age appears to have been a factor in Ralph being laid off, although not the main factor.
d. Ralph does not have a good claim against Snowdrop, because age was not the deciding factor in Snowdrop’s decision to lay off Ralph.
Answer: Ralph does not have a good claim against Snowdrop, because age was not the deciding factor in Snowdrop’s decision to lay off Ralph.
Explanation: The reason for the firm laying off Ralph is vague and not explicitly stated. Therefore Ralph cannot make a claim against Snowdrop for laying him off due to his age.
In a private not for profit, what would the entry to record the expiration of program restrictions include from the following?:
A. Credit Performance Expense
B. Credit Reclassification from Temporarily Restricted Net Assets
C. Debit Reclassification to Unrestricted Net Assets
D. Debit Reclassification from Temporarily Restricted Net Assets
Answer: The correct answer is : D. Debit Reclassification from Temporarily Restricted Net Assets
Explanation: Private nonprofit organizations must follow all FASB standards that apply when registering transactions. The financial statements requested for all non-profit non-governmental organizations are, financial statements, statement of activities and cash flow statements.
A few months before, a major B2B supplier raised prices of its products 10 percent to cover changes in market conditions. He was surprised to find how the orders from his normal customers plummeted. His normal order was $1,100. After the price increase, the average order dropped by 25 percent. He became concerned that customers might look elsewhere. For this reason, he decided to start offering discounts. When one of his loyal customers, David, purchases $950 worth of product for his firm, the supplier gives David the terms "4/20 net 30." He wants to maintain his relationship with David and would ideally like to receive payment in less than a month. Refer to Scenario 19.3. Consider how the average order amount changed when prices were raised $75. The elasticity of demand is _______. With this in mind, the product can best be described as _______.
Answer:
Elastic demand
Explanation:
Elastic demand states when there is a change in the price of a product the quantity demanded changes. An increase in price may lead to a decrease in demand whereas, a decrease in price may lead to an increase in quantity demanded.
In this case we see when the B2B supplier increase its price, the orders dropped by 25%. Which proves that it is an elastic demand.
If an increase in price leads to no changes or increase in quantity demanded then it is called inelastic demand. Example: disease curing drugs.
Paul's uses the group depreciation method for its fleet of trucks. When it retires one of its trucks and receives cash from a salvage company, the carrying value of property, plant, and equipment will be decreased by the
a) cash proceeds received.
b) cash proceeds received and original cost of the truck.
c) original cost of the truck.
d) original cost of the truck less the cash proceeds.
Answer:
A) cash proceeds received.
Explanation:
If you have a fixed asset and you fully depreciate it, it will still maintain its estimated salvage value. Therefore when the asset is sold and the salvage value is received, the value of the vehicles account should decrease while cash account should increase.
No matter what depreciation method you use, in order to calculate how much you will depreciate, you must subtract the salvage value from the asset's purchase value. That means that even if the asset has been fully depreciated, it will still maintain its salvage value.
The "implicit debt" accompanying the Social Security and Medicare programs is:
a. substantially greater than the national debt.
b. approximately equal to the national debt.
c. about half the size of the national debt.
d. about one tenth the size of the national debt.
Answer: a. substantially greater than the national debt
Explanation:
A client receiving hemodialysis undergoes surgery to create an arteriovenous fistula. Before discharge, the nurse discusses care at home with the client and his wife. Which statement by the client’s wife indicates that further teaching is required?
Answer:
statement: i don't understand?? can you be more clear please.
The Superintendent can examine an authorized fraternal benefit society and property/casualty insurance company once every:_________
A) 12 months.
B) 18 months.
C) 3 years.
D) 5 years.
Answer:
correct option is C) 3 years
Explanation:
solution
superintendent authorizing a person to act as an insurance producer
all records must be kept available for inspection or examination by the superintendent for a period of at least 3 years after completion of the respective transaction
and for the purpose of investigation or examination by the superintendent
so superintendent examine once every 3 years
correct option is C) 3 years
The Superintendent can examine an authorized fraternal benefit society and property/casualty insurance company once every 12 months.
Explanation:The Superintendent can examine an authorized fraternal benefit society and property/casualty insurance company once every:
12 months.18 months.3 years.5 years.The correct answer is 12 months. The Superintendent, or the regulatory authority, has the authority to conduct regular examinations of insurance companies to ensure compliance with regulations and to protect the interests of policyholders. This frequent examination schedule allows for ongoing oversight and monitoring of the company's financial stability and operations.
Which of the following is a discrete quantitative variable?
A. The Dow Jones Industrial average
B. The volume of water released from a dam
C. The distance you drove yesterday.
D. The number of employees of an insurance company
Answer:
D. The number of employees of an insurance company.
Explanation:
The variable that measures the numbers such as height, number of people, shoe sizes is called the discrete quantitative variable. Therefore, option "D" is the answer. Anyone can measure the number of employees. It is not continuous process too.
The volume of water cannot be measured with a specific value, and the Dow Jones Industrial average is not a certain value. So, those options are incorrect either. Although Option "C" can be measured with a value, it cannot be interrupted and continuous process. Hence, it is also wrong.
The discrete quantitative variable is D. The number of employees of an insurance company.
A discrete quantitative variable is one that takes on distinct, separate values with no intermediate values possible. Let's analyze the options:
A. The Dow Jones Industrial Average: This is not a discrete quantitative variable. It represents the average stock prices of 30 large, publicly-owned companies, and it can take on any real number value, not just distinct, separate values.
B. The volume of water released from a dam: This could be a discrete quantitative variable if the volume is measured in distinct units, such as cubic meters. For example, if the dam can release water in units of 1, 2, 3 cubic meters, it would be discrete.
C. The distance you drove yesterday: This is not a discrete quantitative variable. Distance can be measured in continuous values, such as miles or kilometers, and can take on any real number value, not just distinct ones.
D. The number of employees of an insurance company: This is a discrete quantitative variable. It takes on distinct, separate values, such as 1, 2, 3 employees, and cannot have fractional or continuous values.
So, the correct answer is D. The number of employees of an insurance company is a discrete quantitative variable.
For such more questions on quantitative variable
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Josh is a security technician who’s been tasked with implementing PKI on the company’s network. When verifying the validity of the certificate, he needs to ensure bandwidth isn’t being consumed. What can be implemented?
To ensure bandwidth isn’t being consumed to ensure bandwidth isn’t being consumed has to use an application container .
Explanation:
Application container separates applications from the host operating system. Virtual environments are allowed to run application in application container. Software-defined networking (SDN), will not complete the task on the other hand.
Running applications on separate virtual LANs (VLANs) is of no use when it comes to the host operating system and notifying on updated versions can also not accomplish the task.
Application container is an all-in-one or stand-alone package for software application. They include application binaries, software dependencies and the hardware requirements that are required to run, all enclosed into an independent, self-contained unit.
In the early 1930’s, _____________ had less revenue from taxes and believed in a balanced budget (taxes = revenue), so ___________ spending was reduced..
Answer:
Both the blanks will be filled by government as explained below.
Explanation:
In the beginning 1930s, the government possessed less revenue from taxes and believed in a balanced budget (taxes = revenue), so government spending was reduced. For several decades, moving behind the year's 1930s, schemes have remained put foremost to demand that the U.S. government estimate its funds each year. While 1995, a suggested constitutional alteration that would expect an equitable fund declared the U.S. House of Representatives by an extensive margin and collapsed in the U.S. Senate by simply an individual vote.
Construct a simple income statement that calculates net income given the following information: Cost of goods sold: 200 Income taxes: 100 General and administrative expenses: 50 Depreciation expense: 150 Revenue: 1,000
Answer:
Explanation:
The construction of the simple income statement is presented below:
Sales revenue $1,000
Less: Cost of goods sold -$200
Gross profit $800
Less: Operating expenses
General and administrative expenses -$50
Depreciation expense -$150
Profit before tax $600
Less: income tax -$100
Net income $500
Salespeople ensure that delivery schedules are met, that the good or service performs as promised, and that buyers are trained in the use of the product. All of these functions are part of _____, the final step in the selling process.
Answer:
D. Follow-up
Explanation:
First, the Multiple Options for the Question
a. preapproach
b. needs assessment
c. lead qualification
d. follow-up
The Sales Process
The Preapproach- Salespeople carry out information gathering activities in this stage to learn about their clients. This information gathered assists in tailoring suitable presentations that will appeal to the client and help make sales
The Needs Assessment- During this stage the salesperson employs a wide range of questions to understand the needs of the prospective clients. This is done to clarify and understand the buyer's need in order to suggest products that will meet this needs
The Lead Qualification- At this stage, the salesperson must group his potential clients into prospects (people who can become customers) or leads ( a person is is still a potential prospect and more work needs to be done). This helps to ensure those to move on to the next stage with or conduct more thorough needs assessment on.
Follow-up- It becomes obvious therefore, that issues such as ensuring that delivery schedules are met, goods or services performs as promised are part of this final stage after a prospect has been identified and the sales person has successfully made a sale.
Organizing Select one:
a. involves shaping the organization over time and is never truly finished.
b. involves grouping activities and resources.
c. All of these choices
d. is the second basic managerial function; it follows planning and decision making.
e. can help the organization be flexible.
Answer: Option C
Explanation: Organizing is the administrative role that typically follows after planning, from the point of view of businesses. Organizing includes assigning tasks and assigning authority to accomplish goals and objectives with sufficient accountability and allocating resources throughout the organization.
Organizing includes creating deliberate task structures by defining and listing the tasks necessary to achieve a company's objectives. In simple words, Organizing is creating successful relationships of power between specified employers, people, and workplaces so that the community can work effectively together. Or the separation of work into branches and divisions.
Thus, from the above we can conclude that the correct option is C .
A car increases its speed from 9.6 meters per second to 11.2 meters per second in 4.0 seconds. The average acceleration of the car during this 4.0-second interval is: a. 2.8 m/s2 b. 0.40 m/s2 c. 5.2 m/s2 d. 2.4 m/s2
Answer:
A
Explanation:
Average in a function of total meters per second divided by the number of seconds and all new information counter the first. Therefore 11.2/4.0 = 2.8
A company regularly launches products with features that are different from what are offered in the market. It has now launched a new electronic device which can be fitted to vehicles. It can be programmed to automatically dial the police emergency number, provide them with the required location details, and guide them to the location in the case of an emergency. This is an example of a(n) _____ strategy
Answer: Differentiation strategy
Explanation: This refers to a strategy that a company uses to create a unique good or service that will separate consumers from the products or services provided by rivals better than or in another way.
Strategy for differentiation is a way of distinguishing a company from the opposition.This strategy is implemented by making innovations through research and development and helps an organisation to prepare a strong customer base fro the future.
Thus, from the above we can conclude that the given case depicts differentiation strategy.