Answer:
Year NCF Processing Mill NCF Processing Mill NCF Electric Shovel
0 -$750,000 -$750,000 -$750,000
1 $310,000 $310,000 $330,000
2 $260,000 $260,000 $325,000
3 $260,000 $260,000 $325,000
4 $260,000 $540,000 $320,000
5 $180,000
6 $130,000
7 $120,000
8 $120,000
discount rate = 15%
NPV Processing Mill (8 years) = -$750,000 + ($310,000 x .87) + ($260,000 x .756) + ($260,000 x .658) + ($260,000 x .572) + ($180,000 x .497) + ($130,000 x .432) + ($120,000 x .376) + ($120,000 x .327) = -$750,000 + $267,700 + $196,560 + $171,080 + $148,720 + $89,460 + $56,160 + $45,120 + $39,240 = -$750,000 + $1,014,040 = $264,040 HIGHEST NPV, SO THIS PROJECT SHOULD BE SELECTED
NPV Processing Mill (4 years) = -$750,000 + ($310,000 x .87) + ($260,000 x .756) + ($260,000 x .658) + ($540,000 x .572) = -$750,000 + $267,700 + $196,560 + $171,080 + $308,880 = -$750,000 + $944,220 = $194,220
NPV Electric Shovel (4 years) = -$750,000 + ($330,000 x .87) + ($325,000 x .756) + ($325,000 x .658) + ($320,000 x .572) = -$750,000 + $287,100 + $245,700 + $213,850 + $183,040 = -$750,000 + $929,690 = $179,690
Consider the following five scenarios related to wage inequality. Please label each with the correct source of the identified wage difference.
HUMAN CAPITAL
COMPENSANTING DIFFERENTIALS
TALEN/ABILTY
1. Both Riley and his twin brother, Roland, work for a package delivery company. Riley delivers cookies and cakes to local grocery stores and makes $18/hour. Roland, who is responsible for the transport of chemicals to and from the local university, earns $25/hour.
2. Bert works for the county animal shelter and is ranked consistently as the top dog catcher in the state. When asked how he is able to convince so many stray dogs to answer to him, Bert says it just comes naturally. As a result, Bert earns a salary about 15% higher than most other dog catchers.
3. Rosalie and Henry work at a nursery where they grow sunflowers. Rosalie works all day in the hot sun, planting and harvesting sunflowers, where she earns $34/hour. Henry, on the other hand, works inside the air conditioned warehouse, drying and roasting sunflower seeds, and earns $22/hour.
4. Simon and Denise both work as 3rd grade teachers at Riverbend Elementary School. Simon, who has a Master\'s Degree, earns $45,000 a year while Denise, who has only a Bachelor\'s Degree, earns $39,000 a year.
5. Bernice is an avid baseball fan and during a recent trip to watch her favorite team, the California Stars, she is selected to throw out the opening pitch as part of a fan appreciation event. Surprisingly, she throws an amazing 110mph pitch, which she says is easy to do, and is signed to a $15 million contract the next week.
Answer and Explanation:
1. Compensating differentials: Riley works a less risky job and is therefore paid less than his twin Rowland who drives Chemicals to and fro and is considered to do a more risky make job
2.talent/ability: Bert has a a natural talent and ability
3.Compensating differentials: Rosalie works harder than Henry and so earns more than him
4.Human Capital: Simon is paid more as he is considered to have more knowledge and experience. He is a masters degree while Denise has a bachelor's degree which is considered lower in valuing human capital in an organization.
5.Talent/ability:Bernice has a natural talent and ability
Merchant Company purchased property for a building site The costs associated with the property were:
Purchase price $191,000
Real estate commissions 16,600
Legal fees 2,400
Expenses of clearing the land 3,600
Expenses to remove old buildings2,600
What portion of these costs should be allocated to the cost of the land and what portion should be allocated to the cost of the new building?
a. $193,400 to Land; $25,200 to Building.
b. $207,600 to Land; $8,600 to Building.
c. $210,000 to Land; $2,600 to Building.
d. $216,200 to Land; $0 to Building.
e. $213,600 to Lane; $0 to Building.
Answer:
d. $216,200 to Land; $0 to Building.
Explanation:
Calculation of Cost of the land
Purchase price $191,000
Real estate commissions $16,600
Legal fees $2,400
Expenses of clearing the land $3,600
Expenses to remove old building $2,600
Cost of the land $216,200
Calculation of Cost of Building
0.
Jock and Kyla decide to wager, in violation of a state statute, on the outcome of a football game. They each deposit money with Len, who agrees to pay the winner of the bet. Before the game begins, Kyla tells Len that she changed her mind about the bet. Kyla can recover Group of answer choices
Answer:
The amount of her bet only
Explanation:
A wager is a gamble on a particular outcome of a situation. In this case the outcome of a football match.
However wagering in such a manner is a violation of state staute. So this is an illegal activity.
Jock and Kyla deposit funds for the wager with Len. Before the bet of Kyla changes her mind she can recover the money she deposited.
Len will not be able to withhold he deposit because she can sue and claim this is an illegal activity that she does not want to be part of. Len will be forced.to return at least her own money.
Since the 1980s and 1990s, segmentation in global financial markets has been reduced. As a result of this, the correlation among securities markets has increased, thereby reducing, but not eliminating, the benefits of international portfolio diversification. True or Worse
Answer: True
Explanation:
With the on-going drive towards Globalization, companies took advantage to raise more capital by listing across various stock exchanges in the world. The result of this became that the securities market became more correlated.
This had the advantage of granting many companies enough capital that they became Multinational companies but it had the disadvantage of reducing the benefits of international portfolio diversification because the companies would be able to influence the movement of stock across the nations that they are listed in. Where before you could trade in Japan if there were losses in the NYSE, with a company being on both and suffering, both exchanges would feel it.
What is the yield to maturity of a -year, bond with a % coupon rate and semiannual coupons if this bond is currently trading for a price of ?
What is the yield to maturity of a five-year, $5000 bond with a 4.5% coupon rate and semi-annual coupons if this bond is currently trading for a price of $4876?
A) 6.30%
B) 4.50%
C) 4.30%
D) 5.07%
E) 8.60%
Answer:
5.07%
Explanation:
Given the following parameters from the question:
Number of years = 5
N => Number of compounding periods = 5 * 2 = 10
FV => Face Value = $5,000
PV => Present Value = $4876
Percentage rate = 4.5%
PMT => Annuity Payment = Face Value * percentage
=> 5,000 * 0.045 = 225
Given that, it is semi annual rate, we have 225 / 2 = 112.5
CPT YTM or I/Y => Yield to Maturity = 2.53 * 2 = 5.07%
Hence, the final answer is 5.07%
An investor owns 5,000 shares, which is 1% of a corporation's outstanding stock before a stock repurchase. The investor did not sell any of his stock during the 25,000 share repurchase. Which one of the following statements is correct?
A. The investor still owns 1% of the corporation.
B. The stock's price is likely to drop by 5%.
C. The investor owns more than 1% of the corporation.
D. The investor now has 5,250 shares.
Answer:
C. The investor owns more than 1% of the corporation.
Explanation:
data provided in the question
Number of shares own = 5,000 shares
Outstanding stock percentage = 1%
Repurchased shares = 25,000
Based on the above information, the following statement is correct
i.e the investor owns more than 1% of the corporation as the A option, B and D options are incorrect and the option C is most appropriate option
For its first year of operations, Tringali Corporation's reconciliation of pretax accounting income to taxable income is as follows: Pretax accounting income $ 350,000 Permanent difference (14,700 ) 335,300 Temporary difference-depreciation (19,900 ) Taxable income $ 315,400 Tringali's tax rate is 25%. Assume that no estimated taxes have been paid. What should Tringali report as its income tax expense for its first year of operations
Answer:
Tringali should report $78,850 as its income tax expense for its first year of operation.
Explanation:
The company should use the taxable income of $305,600 to calculate it's income tax expense as it is only on it basis that the tax payable by a firm is determine
Income tax expenses = Taxable income * Tax rate
Income tax expenses = $315,400 x 25%
Income tax expenses = $78,850
The Hirt & Block mutual fund has assets of $147 million, liabilities of $7 million and 7 million shares outstanding. The shares trade at $21.60 per share. What is the percentage load fee?
Answer: 8%
Explanation:
The load fee would be the excess percentage amount charged on the share over the Net Asset Value per share.
= [tex]\frac{Trading price per share - Net Asset Value per share}{ Net Asset Value per share}[/tex]
Net Asset value Per share = (Assets - Liabilities) / Number of shares
= (147 - 7) / 7
= $20
Load fee
= [tex]\frac{Trading price per share - Net Asset Value per share}{ Net Asset Value per share}[/tex]
= [tex]\frac{21.60 - 20}{20}[/tex]
= 8%
Journalize the following, assuming a 360-day year is used for interest calculations: Apr. 30 Issued a $108,000, 30-day, 6% note dated April 30 to Misner Co. on account. May 30 Paid Misner Co. the amount owed on the note dated April 30. If an amount box does not require an entry, leave it blank. When required, round your answers to the nearest dollar.
Answer and Explanation:
The journal entries are shown below:
a. Account payable Dr $108,000
To note payable $108,000
(Being the issuance of the note is recorded)
b. Note payable Dr $108,000
Interest expense Dr $540 ($108,000 × 30 days ÷ 360 days × 6%)
To cash $108,540
(being the note payable and the interest expense is recorded)
As the correlation between assets falls... Group of answer choices portfolio variance is not affected by correlation portfolio variance falls portfolio variance rises
Answer:
The correct answer is C) Portfolio Variance rises.
Explanation:
The association between two assets reflects the degree to which both assets are related. As the correlation between two assets decreases, the variation in portfolios increases.
Investment portfolios can be protected with the creative use of Correlation Diversification .
The less correlated assets are, the less risky an investment portfolio is.
Cheers!
Which of the following is an example of a disruptive innovation?
Answer: C. Use of smartphones with Internet access replacing use of landlines
Explanation:
A disruptive innovation is one that when initiated, has a significant effect on the way an industry works such that if participants do not adapt, they will probably find themselves at a disadvantage.
An example is how digital photography replaced the use of chemicals to print photographs and also how video streaming online replaced the need for video rentals from shops which led to the closure of shops like Blockbuster.
For this question, the use of smartphones which also have internet access instead of landlines is a disruptive innovation. Smartphones provide a very convenient means to communicate with others in more ways than a landline could especially with it's access to the internet. This saw most people moving away from the use of landlines in favor of smartphones.
The correct option to an example of disruptive innovation will be use of smartphones with internet access replacing the use of landlines. The correct option is C.
Disruptive innovation refers to a condition where the innovation of a product completely destroys the purpose of the existing technology in such a way that the usage of such product almost becomes extinct.
The landlines were an important innovation for humans as it enabled the wired routes to communicate with people on their unique line. It saved a lot of time and manpower.This invention itself was a disruptive invention as it replaced the letter and postcards for communication. However, with the invention of smartphones with internet access enabled wireless communication.The invention of a smartphone with internet access were not restricted just to calling but important features like texting, instant messaging, surfing, browsing and sending multimedia files as well.
Hence, the correct option is C that the use of smartphones with internet access replaced the use of landlines is an example of disruptive innovation.
To know more about disruptive innovation, refer to the link below.
https://brainly.com/question/25609554
Viral marketing describes everything from paying people to say positive things online to schemes where consumers get commissions for directing friends to specific websites.a. Trueb. False
Answer:
True
Explanation:
Viral marketing is a strategy in which companies use online networks to promote a product or service providing information to many people. This works by creating content like videos that are published on the internet and shared with a lot of people. According to that, the statement is true because viral marketing involves generating different types of online content like messages from influencers to promote your product on social media and reach a big audience.
Current cost to source from the home plant to Country A is $0.55 per unit, plus $0.02 in shipping (there is no tariff). If product is sourced from Country B, manufacturing cost is expected to be 20% lower; but shipping will increase to $0.06, and there is a tariff of 15% on CIF. What will the savings be on 100 million units if sourcing for Country A switches from the home plant to Country B
Answer:
Cost savings in sourcing from Country A = $0.5 million ($57.5 - $57 million)
Explanation:
Sourcing from Country A:
Purchase price = $0.55 per unit
Shipping = $0.02
Total Cost = $0.57
Cost of 100 million units = $57 million
Sourcing from Country B:
Purchasing price = $0.44 ($0.55 x 80%)
Shipping = $0.06
CIF Tariff = 15% = $0.075 ($0.5 x 15%)
Total Cost = $0.575
Cost of 100 million units = $57.5 million
Sourcing from Country A is more beneficial than sourcing from Country B with reduced product cost, but increased shipping and additional tariff. Whereas Country A gives a total cost for 100 million units of $57 million, sourcing the same units from Country B gives a total cost of $57.5 million. The savings of $0.5 million is substantial that no company would like to lose unless the goods from Country B are of higher quality than those from Country A.
Cash Payback Method Lily Products Company is considering an investment in one of two new product lines. The investment required for either product line is $540,000. The net cash flows associated with each product are as follows:
Year Liquid Soap Body Lotion
1 $170,000 $90,000
2 150,000 90,000
3 120,000 90,000
4 100,000 90,000
5 70,000 90,000
6 40,000 90,000
7 40,000 90,000
8 30,000 90,000
Total $720,000 $720,000
A. Recommend a product offering to Lily Products Company, based on the cash payback period for each product line.
Payback period for liquid soap
Payback period for body lotion
B. The project with the_____net cash flows in the early years of the project life will be favored over the one with the______net cash flows in the initial years.
Answer:
1a. Payback period for LIQUID SOAP =4 years
Payback period for BODY LOTION =6 years
1b. GREATEST; LESS
Explanation:
1a.Calculation for the Payback period for liquid soap
LIQUID SOAP
Year Cash flow Cumulative Cash flow
1 $170,000 $170,000
2 (150,000+170,000) =320,000
3 (120,000+320,000)=440,000
4 (100,000+440,000)=540,000
5 (70,000+540,000)= 610,000
6 (40,000+610,000)= 650,000
7 (40,000+650,000)= 690,000
8 (30,000+690,000)= 720,000
The Payback period for LIQUID SOAP will be 4 years
Calculation for the Payback period of body lotion
BODY LOTIO
Year Cash flow Cumulative Cash flow
1 $90,000 $90,000
2 (90,000+90,000)=180,000
3 (90,000+180,000)=270,000
4 (90,000+270,000)=360,000
5 (90,000+360,000)=450,000
6 (90,000+450,000)=540,000
7 (90,000+540,000)=630,000
8 (90,000+630,000)=720,000
The Payback period for BODY LOTION will be 6 years
Based on the calculation above for both liquid soap and body lotion the product offering i will recommend to Lily Products Company, based on the cash payback period for each product line will be LIQUID SOAP because it has a 4 years payback period.
B. The project with the GREATEST net cash flows in the early years of the project life will be favored over the one with the LESS net cash flows in the initial years.
Ship Co. produces storage crates that require 37.0 meters of material at $0.50 per meter and 0.10 direct labor hours at $12.00 per hour. Overhead is applied at the rate of $18 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card
Answer:
Standard cost per unit= $21.5
Explanation:
Giving the following information:
Ship Co. produces storage crates that require 37.0 meters of material at $0.50 per meter
0.10 direct labor hours at $12.00 per hour.
Overhead is applied at the rate of $18 per direct labor hour.
We need to determine the standard cost per unit:
Direct material= 37*0.5= 18.5
Direct labor= 0.1*12= 1.2
Manufacturing overhead= 0.1*18= 1.8
Standard cost per unit= $21.5
World trade has grown substantially in the last 60 years. For example, while world output grew at an annual rate of 3.8% per year between 1950 and 2003, world exports grew at 10.8% per year over the same time period.
Which of the following help o explain the increase in international trade and finance since the 1950's?
a. International trade agreements such as the North American Free Trade Agreement (NAFTA)
b. An increasing number of affordable international flights
c. Changes in property rights
d. The widespread use of the Internet to conduct business.
Answer:
The correct answer is the option A: International trade agreements such as the North American Free Trade Agreement (NAFTA).
Explanation:
To begin with, the name of "North American Free Trade Agreement" or NAFTA, refers to the comercial agreement between the three nations of the countries of the norht of America that established that there is a bloc of free trade among Canada, Mexico and the United States that will benefit the three parties whose bloc have formed one of the largest trade blocs in the world by gross domestic product. Moreover, the agreement came into force in 1994 and since then the main purpose of it is to encourage the increase and development of international trade.
General Electric (GE) has earnings per share of $2.98 and dividends per share of $0.35. Its return on assets (ROA) is 14.6% and its return on equity (ROE) is 18.2%. What is its sustainable rate of growth?
Answer:
g = 0.1606 or 16.06%
Explanation:
The sustainable growth rate is the growth rate in earning or dividends of a stock that will remain constant in the long run. Such a rate is calculate for an indefinite period of time. The formula to calculate the sustainable growth rate is,
g = RR * ROE
Where,
RR is the retention ratio or (1 - dividend payout ratio)ROE is the return on equityThe dividend per share as a percentage of earnings per share will give us the dividend payout ratio.
Dividend payout ratio = 0.35 / 2.98 = 0.1174 or 11.74%
g = (1 - 11.74%) * 18.2%
g = 0.1606 or 16.06%
Courtney's Caffeine Castle is investigating the feasibility of adding a new espresso maker to its line-up of products. The marketing department believes that 15,000 units can be sold at $90 each. Courtney's requires a 30% profit margin (i.e. cost is 70% of selling price) on all products. To achieve its goal, Courtney's must keep total costs equal to or below:
A. $675,000.
B. $900,000.
C. $661,500.
D. $945,000.
Answer:
D. $945,000.
Explanation:
Lawrence Industries' most recent annual dividend was $2.28 per share (D0=$2.28), and the firm's required return is 13%. Find the market value of Lawrence's shares when dividends are expected to grow at 8% annually for 3 years, followed by a 7% constant annual growth rate in years 4 to infinity.
Answer:
Value of stock = $41.75
Explanation:
The price of a stock using the dividend valuation model is the present value of the the future dividend expected from the stock discounted at the required rate of return.
value of dividend from year 1 to 3
Year Present Value
1 2.28× 1.08^1 × 1.13^(1-) = 2.179
2 2.28× 1.08^2 × 1.13^(-2) = 2.083
3. 2.28 × 1.08^3 × 1.13^(-3)= 1.991
Present value of Dividend in Year 4 and beyond
This will be done in two steps
Step 1 :PV in year 3 terms
= Dividend in year 4× (1.06)/(0.1-0.06)
2.28 × 1.08^3 × 1.07/(0.13-0.07)= 51.220
step 2 : PV in year 0 terms =
PV in year 3 × 1.1^(-3)
=51.220 × 1.13^(-3)= 35.498
Value of stock = 2.179 +2.083 +1.991 + 35.498 = 41.75
Value of stock = $41.75
A brand manager for a certain company must determine how much time to allocate between radio and television advertising during the next month. Market research has provided estimates of the audience exposure for each minute of advertising in each medium, which it would like to maximize. Costs per minute of advertising are also known, and the manager has a limited budget of
Answer:
Optimization
Explanation:
Since we were told that the brand manager has limited budget of $25,000 which makes the manager to decide that television adverts is much more effective than radio adverts making him to allocates, at least 70% of the time to television, based on this I wiill run OPTIMIZATION test reason been that optimization will help and enable me to make the best or most effective use of available resource which will in turn Reduce costs while improving the performance which is why the brand manager decide to allocate 70% to Television in order to make the business more efficient as well as cost effective.
pryor frosted flakes company offers its customers a pottery cereal bowl if they send in 4 boxtops from flakes boxes and $1.00. The company estimates that 60% of the boxtops will be redeemed. In 2007, the company sold 500,000 boxes and costumers redeemed 220,000 boxtops receiving 55,000 bowls. if the bowls cost 2.50 each, how much liabilitiy for outstanding premiums should be recorded at the end od 2007?
Answer: $30,000
Explanation:
Company estimates that 60% of boxtops will be redeemed.
They sold 500,000 boxes
= 500,000 * 60%
= 300,000 boxtops will be sent in.
So far, 220,000 have been sent in. How many left;
= 300,000 - 220,000
= 80,000 boxtops are still to be sent in
4 boxtops are needed to receive a pottery bowl so with 80,000;
= 80,000/4
= 20,000 pottery bowls are due to be issued.
Each bowl costs $2.50 to make. Customers will send in $1 however so effectively it will cost the company;
= 2.50 - 1
= $1.50
With 20,000 still left to be issued, each costing $1.50, the total liabilitiy for outstanding premiums to be recorded at the end of 2007 is;
= 20,000 * 1.5
= $30,000
Under the Securities Act of 1933, signatures will be obtained by which of the following persons involved in an underwriting?
I. Chief Executive Officer of the issuer
II. Chief Financial Officer of the issuer
III. Accountants of the issuer
IV. Lawyers of the issuer
a. I and II
b. III and IV
c. I, II, III
d. I, II, III, IV
Answer: d. . I, II, III, IV
Explanation:
The Securities Act of 1933 was put in place in order to ensure that the investors get adequate information regarding the securities that are being sold to the public and to also prevent fraud and deceit.
Under the Securities Act of 1933, signatures will be obtained by the Chief Executive Officer of the issuer, Chief Financial Officer of the issuer, the accountants of the issuer and the lawyers of the issuer.
A food manufacturer reports the following for two of its divisions for a recent year.
($millions) Beverage Division Cheese Division
Invested assets, beginning $ 2,662 $ 4,455
Invested assets, ending 2,593 4,400
Sales 2,681 3,925
Operating income 349 634
1. Compute return on investment.
2. Compute profit margin.
3. Compute investment turnover for the year.A food manufacturer reports the following for two of its divisions for a recent year.
Answer and Explanation:
1. Return on investment is
= Operating Income ÷ Average invested Assets
here, average invested assets is
= (Invested assets, beginning + Invested assets, ending) ÷ 2
For Beverage Division
= $349 ÷ (($2,662 + $2,593) ÷ 2)
= $349 ÷ $2,628
= 13.28%
For Cheese Division
= $634 ÷ (($4,455 + $4,400) ÷ 2)
= $634 ÷ $4,428
= 14.32%
2. Profit margin = (Operating income ÷ sales) × 100
For Beverage Division
= ($349 ÷ $2,681) × 100
= 13.02%
For Cheese Division
= ($634 ÷ $3,925) × 100
= 16.15%
3. Investment turnover = Sales ÷ Average Operating Assets
For Beverage Division
= $2,681 ÷ (($2,662 + $2,593) ÷ 2)
= $2,681 ÷ $2,628
= 1.02 times
For Cheese Division, it would be
= $3,925 ÷ (($4,455 + $4,400) ÷ 2)
= $3,925 ÷ $4,428
= 0.89 times
On January 31, 2021, B Corp. issued $650,000 face value, 11% bonds for $650,000 cash. The bonds are dated December 31, 2020, and mature on December 31, 2030. Interest will be paid semiannually on June 30 and December 31. What amount of accrued interest payable should B report in its September 30, 2021, balance sheet
Answer:
The amount of accrued interest payable that B should report in its September 30, 2021, balance sheet is $ 23,833.
Explanation:
Prepare a Bond Amortization Schedule using the data :
Hint : First find the Yield to Maturity
N = 10
PV = $650,000
Pmt = ($650,000 × 11%) ÷ 2 = - $35,750
P/ yr = 2
FV = - $650,000
YTM = ?
Using a Financial Calculator, the YTM is 11.64%.
By the end of September 30, 2021, 8 months` interest will have expired.Thus the amortization schedule should accrue interest for 8 months as follows :
Interest $ 23,833 (debit)
Investment in Bond $ 23,833 (credit)
Interest Calculation = $ 35,750 × 8 / 12
= $ 23,833
"A mutual fund manager of a "high technology" fund feels that the market for this sector will remain flat in the next coming months and he wishes to generate some additional income against his portfolio. The best strategy is to sell:"
Answer: C. narrow-based calls
Explanation:
Narrow based calls would include calls from one industry. The mutual fund is an "High technology" firm which means that it is a narrow based fund for instance as it is interested only in one industry being the High Tech industry.
The manager should invest in Narrow based calls that focus on the sector if he anticipates that the market will remain flat for the sector. Narrow based Calls are more volatile because they are specific and with the volatility comes higher premiums to be charged.
Should he wish to make income against the portfolio, he should sell these knowing that the options will not be called as the market will remain flat.
Match the Appropriate Items to the numbers associated with them Question 69 options: Federal Reserve Banks OPEC Oil Embargo begins in 19xx Federal Deposit Insurance Corporation is founded in 19xx Effective Reserve Requirement Ratio Unemployment during the Great Depression reached a height of xx% NAFTA was signed in 19xx Board of Governor's members The stock market crash that was a leading cause of the Great Depression occurs in 19xx
1. 7
2. 71
3. 79
4. 10
5. 29
6. 94
7. 12
8. 33
9. 20
10. 3
11. 8
12. 30
13. 36
14. 73
15. 25
16. 98
Answer:
1. 12
2. 73
3. 33
4. 10
5. 25
6. 94
7. 7
8. 29
Explanation:
1. Federal Reserve Banks is made up of 12 banks.
2. OPEC Oil Embargo begins in 1973.
3. Federal Deposit Insurance Corporation is founded in 1933.
4. Effective Reserve Requirement Ratio is 10
5. Unemployment during the Great Depression reached a height of 25%
6. NAFTA was signed in 1994.
7. Board of Governor's members is 7.
8. The stock market crash that was a leading cause of the Great Depression occurs in 1929.
The Marketing Control Statement is a valuable statement for marketers because it only utilizes costs that the marketer can control. True False
Answer: True
Explanation:
The Marketing Control Statement is quite beneficial to marketers as it avoids fixed costs and shows them the variable and programmed costs both of which can be controlled. This enables them to know what they need to and can change in a way that they can come up with an optimal marketing mix to ensure profitability.
It is also a very uncomplicated statement to prepare which further ingratiates it to marketers who would like to avoid all the jargon of income statements.
The given statement is true.
The following information should be considered:
The Marketing Control Statement should be beneficial for marketers as in this the fixed cost are ignored and the variable & other cost should be controlled. Due to this, the profitability should increasedTherefore we can conclude that The given statement is true.
Learn more: brainly.com/question/17429689
The manager of a commercial building has many responsibilities in connection with the operation and maintenance of the structure. The manager would normally be considered the agent of
Answer:
agent of the building's owner
Explanation:
In such a scenario, the manager would normally be considered the agent of the building's owner. This is because the manager acts on behalf of the building owner since all of the tasks that they are responsible for have been specified by the owner and benefit the owner. Also, the manager deals with the building's tenants on behalf of the owner so that he does not have to take time out of his day to do so.
All firms, no matter the type of firm structure in which they are producing, make their production decisions based on the point where their: Group of answer choices
Answer:
The answer is B.
Explanation:
The profit maximisation point is the point where marginal revenue equals marginal cost(MR = MC). At this point, total revenue is maximized.
Marginal revenue is the change in total revenue when additional units is sold or made while marginal cost is the change in total cost when additional unit of output is made.
When MR > MC, the firm is not manufacturing or producing enough goods and when MC > MR, it means the firm is manufacturing or producing too much and it is making loss with each additional production.
The Association of Organic Food Growers, which does not include all organic farmers and ranchers, refuses to deal with any parties who do not carry the products of its members. This group boycott is Group of answer choices a situation that neither restrains trade nor harms competition. not within the scope of the Sherman Act. a per se violation of antitrust law. subject to analysis under the rule of reason.
Answer:
a per se violation of antitrust law.
Explanation:
The antitrust laws can be defined as those laws that are created by the US government to protect consumers from unfair means of competition in market. The aim of creating such laws is to ensure the protection of customers from corruptive business practices and also to ensure safe healthy competitive environment among same business companies.
In the given scenario, the Association of Organic Food Growers is violating the antitrust law by boycotting farmers, ranchers, etc. The antitrust laws are violated by companies in several ways among them is by boycotting.
Boycotting can be defined as an agreement between several companies that excludes a group of customers or market to avert them from buying aanyy goods or products.
This boycotting agreement is a per se violation of antitrust law.
