for products that are sold nationwide, there are no geographic boundaries for the market. true false

Answers

Answer 1

There are no geographical restrictions on the market for goods that are sold across the country. The assertion made is untrue.

Why does Nationwide exist?

We are a Fortune 100 corporation that provides comprehensive financial and insurance services across the nation. including coverage for automobiles, motorcycles, homes, pets, farms, life, and businesses. Along with mutual funds, retirement plans, annuities, and specialized medical services.

Is Nationwide no longer in operation?

In comparison to other insurance companies, Nationwide does a respectable job of paying claims, according to the most recent claims satisfaction study from J.D. Power. In comparison to the industry average of 880 out of 1,000, Nationwide received a score of 876 out of 1,000 for its claims handling procedure.

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Related Questions

william is an organizational buyer for goodlife tires. he purchases rubber for goodlife. there are several suppliers that all offer basically the same grade of rubber. this situation will have what likely effect on william's price sensitivity?

Answers

This situation will have William will be a price-sensitive effect on William’s price sensitivity.

Price sensitivity is the degree of responsiveness of consumer demand for a product or service to changes in its price. It is a measure of how sensitive customers are to price changes and how likely they are to change their buying behavior due to changes in price. Price sensitivity is an important measure for marketers to understand when developing pricing strategies and tactics.

When customers are highly sensitive to price changes, marketers must take this into account when setting prices or when introducing new products or services, or when changing prices or product offerings. In addition, price sensitivity can be used to measure how price-sensitive different segments of customers are, allowing marketers to tailor their pricing strategies to different customer segments.

For example, some customer segments may be more sensitive to price changes than others, and marketers may need to adjust pricing strategies based on the price sensitivity of different customer segments. In conclusion, price sensitivity is an important tool for marketers to understand and consider when developing pricing strategies and tactics.

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barry newman's savings account has a balance of $1732. after 13 years, what will the amount of interest be at 5% compounded annually?

Answers

The yearly basis compounded interest rate of 5% seems to be $1533.94. (APPROX).

What exactly was meant by "interest"?

Interest is indeed the money borrowed or the expense of making loans. Investment is most frequently expressed as a annual percentage of something like the loan amount. The above portion is known as such loan amount cost of borrowing.

Briefing:

We use the formula:

A=P(1+r/100)^n

where

A=future value

P=present value

r=rate of interest

n=time period.

Hence

A=$1732(1+5/100)^13

 =$3265.94(APPROX)

Hence interest =A-P

 =$3265.94 - $1732

 =$1533.94(APPROX).

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What outcomes are possible with speculative risk?

Answers

(1) nothing will happen,  (2) there will be a loss, or (3) there will be a gain or profit, these are possible outcomes with speculative risk.

Along with the possibility of gain or profit, the other unique element of speculative risk is choice.

For example, no sane person would choose to experience a house fire, a car accident, or a serious illness (all of which are insurable risks) —

but every person who invests in a company or places a bet on a sporting event has made a conscious choice to expose themselves to speculative risk.

Speculative risk is not insurable primarily due to the potential for moral hazard.

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Financial Risks Unit Test (Connexus)

4/17/2023

1. What outcomes are possible with speculative risk?​

   Answer: all of the above

2. Which of the following choices incur speculative risk?

   Answer: -stocks, -options,

3. What is risk reduction?

   Answer: A strategy that reduces risk by minimizing the chance that the loss occurs or reduces the value lost.

4. What is risk transference?

    Answer: A strategy where the risk of loss is shared with another person, entity or group.

5. Which of these options is a new type of insurance?

    Answer: identity theft

6. Which of these choices are add-on options for insurance policies? Select the two correct answers.

   Answer: -jewelry rider, -collision insurance

7. How much of the U.S. population is covered by some form of health insurance?

   Answer: 92%

8. What is the largest health program in the United States?

    Answer: Medicare

9. How are SSDI and SSI different?

   Answer: SSDI is an insurance program paid out of the Social Security Trust fund and SSI is a needs-based program.

10. What is SSI?

     Answer: a need-based program run by the SSA and only considers the financial need of the individual who is elderly or disabled

11. What does long-term care insurance provide?

    Answer: It helps cover costs for the day-to-day care of people with chronic illnesses or medical conditions.

12. What does LTC usually cover?

     Answer: day-to-day care

13. How might insurance be affected if the applicant has a dangerous job?

     Answer: All of the options are possible.

14. What might happen if someone is dishonest on their insurance application?

     Answer: The policyholder may be prosecuted for insurance fraud, which is a crime.

15. What is no-fault insurance?

     Answer: Unlimited PIP mandated by the states to reduce the number of small and frivolous lawsuits.

16. Why does geographic location affect the cost of premiums?

     Answer: Because insurance companies review the statistical history of claims for an area and if there is an increased risk of claims for accidents or theft, they will raise the premium.

17. Why is it important to review credit card charges every month to protect oneself against identity theft?

    Answer: to identify any unauthorized charges so that they can be investigated as a potential red flag for identity theft

18. Which population is most often the victim of synthetic identity theft?

     Answer: children

19. Why is it important to review credit card charges every month to protect against identity theft?

     Answer: to identify unauthorized charges so that they can be investigated for identity theft

20. What is child identity theft?

      Answer: someone uses the identity of someone who has minimal activity for their social security number to create a credit history

21. Can the Consumer Financial Protection Bureau or Better Business Bureau accredit companies? Does that agency require a fee for accreditation?

     Answer: Only the BBB accredits companies, and it requires a fee for accreditation.

All of these answers are correct, hope this helps someone :)

true or false: a 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less. true or false: a 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less. false true i don't know.

Answers

It is true that a 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less.

What is the difference between a 15-year and 30-year mortgage?Although 15-year mortgages can be a reasonable option for some buyers, most homebuyers usually opt for 30-year fixed-rate loans.Our monthly payments can be more manageable if you take out a 30-year mortgage.Although a 15-year mortgage has larger monthly payments overall, the overall cost of the loan is lower.A 30-year mortgage often has a higher interest rate because banks are less risky with 15-year loans than 30-year loans, and because banks can afford to provide shorter-term loans more affordably than longer-term loans.The shorter loan is preferable if an investor can afford the larger payment, particularly if they are nearing retirement and will be reliant on a fixed income.

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if a company invests $1,000,000 to develop and market a new product with a goal of earning $1,200,000 on the product by the end of the year, it will price the product based on

Answers

If a company invests $1,000,000 to develop and market a new product with a goal of earning $1,200,000 on the product by the end of the year, it will price the product based on return on investment goals.

Return on investment is a sign of a profitable investment (ROI). By comparing the amount invested to the amount earned, ROI evaluates how effective an investment was. Let's look at how businesses and individual investors use it.

ROI: Describe It.

When you put money in a company venture or investment, ROI helps you to calculate the profit or loss your investment has produced.

The return on investment is calculated by dividing the net profit (or loss) from an investment by the investment's cost. You can compare the effectiveness or profitability of several investment strategies thanks to the % format.

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Complete Question -

If a company invests $1,000,000 to develop and market a new product with a goal of earning $1,200,000 on the product by the end of the year, it will price the product based on

A. profit expectations.

B. market share goals.

C. return on investment goals.

D. survival goals.

E. objectives.

credit provisions associated with sales contracts are not regulated by any federal agency. true false

Answers

An unreasonable rule is one that is overwhelmingly favorable to one party under common law. It is untrue that any federal agency regulates the clauses in sales contracts.

What exactly does a government agency do?

Federal agencies are specialized government organizations established for a specific purpose, such as resource management, financial sector regulation, or issues relating to national security. These organizations can initially be established by presidential order, but typically legislative action is needed to do so.

What jobs are considered to be federal?

These professionals include legislators, judges, officials, and uniformed service members for the Executive, Legislative, or Judicial departments of government. Along with civilian Postal Service officials, law enforcement, public health specialists, office personnel, and secretaries

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to make themselves more marketable, many people obtain multiple credentials or specializations. describe some possibilities for dual credentials and cross-training based on the descriptions of professions given in this chapter. what benefits are provided by dual credentials and cross-training? what professions not described in this chapter would also lend themselves to dual credentials?

Answers

Better employment options are provided by dual degrees and cross-training.

Cross-training

Cross-training equips professionals with the resources they need to better serve their clients without having to consult another expert. If the initial job is unappealing, cross-training enables a simple shift to another similar profession.

An occupational therapist can work as a physical therapist thanks to cross-training. An athletic trainer can use their cross-training to assist their clients by acting as a strength and conditioning specialist.

To give their patients the best treatment possible, therapeutic exercise specialists who work in inpatient facilities frequently cross-train in skills specific to long-term care.

Cross-training examples that are frequently used include:

cyclists that train runners to increase and maintain their endurance.Rowing is used by swimmers to maintain their fitness level and work similar muscle groups.Football players either run to increase their endurance or lift weights to increase their size and strength.basketball players taking a high intensity spinning class to improve their sprinting strength.volleyball players practicing yoga to aid with training recuperation.

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cement in belgium is sold at a uniform delivered price throughout the country. that is, the same price is set for each customer, including transportation costs, regardless of where the customer is located. the same practice is also found in the sale of plasterboard in the united kingdom. are these cases of price discrimination? explain

Answers

The above stated cases are examples of geographical price discrimination.

What is price discrimination?

Price discrimination is a pricing strategy in which a company charges different prices for the same product or service based on the customer's characteristics or the situation in which the product or service is sold. This can include charging different prices based on the customer's income, age, location, gender, or other factors. This strategy is used to increase revenue by charging customers different prices based on their willingness to pay, or by targeting segments of the market that can afford to pay higher prices. Price discrimination can also allow businesses to reach customers in different markets with different pricing strategies.

Cement in Belgium, as well as plasterboard in the United Kingdom, are sold at uniform prices throughout the country irrespective of the transport costs which vary from place to place. As the consumers that are close to the place of production or that are away are charged the same prices, even when as locations change price of transport changes. As they are not charged as per their geographical location, this is an example of price discrimination.

Therefore, these are the cases of geographical price discrimination.

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what is the future value of $5,300 deposited today and kept in an account for 30 years earning 11% per year?

Answers

Answer:

you multiply 5300 by 111 and divide by 100 . the answer is 5883.Subtract 5300 from it and multiply by 30.Add it to 5300.

economists involved in discussions of healthcare, climate change, immigration and other topics have no consensus in how to address them because:_____.

Answers

Policies to deal with these problems have consequences for society and have an impact on how efficiently markets operate.

Is a job in economics rewarding?

Yes, a career as an economist is rewarding. Regardless of the particular field they may work in, someone with a degree in economics will discover that they are marketable in numerous domains. Graduates with economics expertise are in high demand in the worldwide work market.

Do economists get substantial salaries?

Yes, most economists do make a great deal of money. Although there are several jobs with varied pay scales, most economists earn at least $100,000 annually. Economic analysis is used to address a variety of challenges by economists who research the production and dissemination economic resources, products, and services.

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The amount of a good or service that buyers would be willing and able to purchase at a specific price is known as

a. quantity demanded.
b. demand.
c. supply.
d. quantity supplied.
e. opportunity cost.

Answers

The quantity demanded of a good is the amount of that good that buyers are willing and able to buy at a given price.Many factors influence demand, but only pricing can decide the quantity of a certain good wanted.

What is the quantity of a product that consumers are willing and able to buy at a given price? The quantity required is the quantity of a good that buyers are willing and able to buy at a given price.Many factors influence demand, but only price determines the quantity demanded for a specific commodity.Economists define demand as the amount of a good or service that consumers are willing and able to acquire at each price.Needs and wants drive demand—a customer may be able to distinguish between a need and a want, but from the standpoint of an economist, they are the same thing.Demand specifies how much of a product consumers are willing and able to buy at each feasible price over a certain time period, all else being equal.

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cheese is an input in the production of pizza if the price of cheeese increases we would expect the supply of

Answers

Cheese is an input in the production of pizza if the price of cheese increases we would expect the supply of pizza increases.

What do you mean by supply?

A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers. If shown as a graph, supply can refer to the quantity offered at a certain price or the quantity offered throughout a range of prices.In economics, supply is referred to as the total quantity of a particular good or service that a supplier makes available to customers at a particular time and price. Usually, market activity determines it. For instance, increased demand can prompt a supplier to boost their supply.

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The goal of federal reserve monetary policy is to affect the level of competition in the u.s.

a. True
b. False

Answers

Yes, the purpose of the financial coverage of the Federal Reserve is to influence the extent of opposition withinside the United States. It's true.

The Federal Reserve Act states that the Federal Reserve is answerable for sporting out financial coverage "with a view to efficaciously acquire the desires of most employment, solid prices. An economy wherein folks who need to paintings both have a task or are probably to discover one pretty quickly, in addition to one wherein the fee level (which refers to a extensive degree of the fee of products and offerings bought through consumers) is solid.

Create the situations vital for hobby quotes to stabilize at slight levels. Decisions approximately financial coverage are made at Federal Open Market Committee meetings (FOMC). The FOMC consists of the president of the Federal Reserve Bank of New York, the participants of the Board of Governors, and 4 of the opposite 11 Reserve Bank presidents, who're every elected to one-yr terms.

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if the fed wants to control inflation, it will try to get the supply of credit to fall and increase its cost by implementing what type of policy?

Answers

To combat inflation, the central bank's one main instrument is raising interest rates, which it does by increasing the cost of borrowing money in order to reduce demand for goods and services. The success or failure of the Fed's actions won't be known to economists for some time.

What are the techniques for reducing inflation?

Controlling the amount of money in the economy is an important monetary approach to combat inflation. The demand for things will decline and prices will fall if the money supply declines. When the government removes particular coins or paper money from circulation, this is another technique to reduce the amount of money in circulation.

How does the Fed control the money supply and inflation?

The Fed can influence the money supply by modifying reserve requirements, which generally refers to the amount of funds banks must hold against deposits in bank accounts. By lowering the reserve requirements, banks are able to loan more money, which increases the overall supply of money in the economy.

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ridge crest company has beginning retained earnings of $38,000, ending retained earnings of $41,000, and net income of $23,000. what was the amount of dividends declared during the year?

Answers

Dividends totaling $20,000 have been declared during the year. The assets and liabilities of the business are shown on the balance sheet.

Do you know how much the announced dividends are?

At the bottom of a company's income statement are the numbers for net income, EPS, and diluted EPS. Look at the company's dividend announcement or its balance sheet, which lists outstanding shares and retained earnings, to determine the amount of dividends paid.

Briefing :-

Company has beginning retained earnings = $38,000

Net income in year = $23,000

subtotal = $61,000

Dividend declared in year = subtotal - retained earning at end of year

Dividend declared = $61,000 - $41,000

Dividend declared = $20,000

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vince, a speculator, expects interest rates to increase and purchases a put option on treasury bond futures with an exercise price of 95-32. the premium paid for the put option is 2-36. just prior to the expiration date, the price of the treasury bond futures contract is valued at 93-22. vince exercises the option and closes out the position by purchasing an identical futures contract. vince's net gain from this speculative strategy is $ .

Answers

Basis risk is the possibility that the position that a futures market is intended to hedge will not be impacted in the same way as the instrument that underlies the futures contract.

What exactly are business purchases?

The phrase "buy" in accounting refers to acquiring ownership of a particular commodity or service by paying a particular amount of money. Contrarily, it occurs when money is traded for a particular good or service. People or companies that need goods or services often carry out the process.

What are expenditures and purchases?

Unit 16. Terms like "costs," "purchases," and "expenses" are frequently used when referring to statements of profit and loss and other financial topics. They frequently refer to the same event, payments being made.

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an export tax always reduces the exporter's net revenues. true b. it is highly evident which industries will produce more technological spillovers and which less. uncertain c. the bulk of child employment is in the tradeable sector of poor countries. true d. the real cause of child labor is low gdp per capita. uncertain e. trade restrictions save jobs that are more visible, but result in job losses elsewhere. true f. when trade is diverted away from countries that employ children, the children allocate more time to education. uncertain g. when subsidies are not an option, import tariffs are a se

Answers

The given statement an export tax always reduces the exporter's net revenues is true.

The term GDP in accounting refers the standard measure of the value added created through the production of goods and services in a country during a certain period.

Here we have given that an export tax always reduces the exporter's net revenues and the real cause of child labour is low GDP per capita. uncertain.

Now, we have to prove that the given statement is true or not.

As we all know that a country's net exports are the value of its overall exports minus the value of its total imports.

Here the fine net export quantity suggests an exchange surplus, even as a terrible quantity means a change deficit.

And the vulnerable currency trading rate makes a kingdom's exports more competitive in rate.

Therefore, as per the exchange inside the charge stage causes a change in internet exports that actions the economic system alongside its combination demand curve.

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for a venue seeking to optimize ticket sales by providing different services at different prices for different clients attending the same event, it is essential to tailor a _____________, fill in the blank, offer that can satisfy customer demand.

Answers

For a venue seeking to optimize ticket sales by providing different services at different prices for different clients attending the same event, it is essential to tailor a Dynamic pricing offer that can satisfy the customer demand.

What is Dynamic pricing?

Dynamic pricing, also known as surge pricing, demand pricing, or time-based pricing, is a pricing technique in which companies set variable prices for goods or services based on the demands of the market at the time. Dynamic pricing, sometimes referred to as surge pricing, demand pricing, or time-based pricing, is a business technique in which prices are changed to reflect shifting demand. For instance, an airline may adjust seat rates according on the type of seat, the number of available seats, and the remaining time until takeoff. A pricing approach called "dynamic pricing" substitutes variable prices for fixed ones. The fundamental goal of the dynamic pricing model is to provide the same product to various customer segments at various price points.

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In order to do what you want to do, you need to be around people who are doing it and in ______.

Answers

In order to do what you want to do, you need to be around people who are doing it and in places where it's happening.

What is this Proximity Principle about?

In psychology, the proximity principle is one of gestalt principles of perceptual organization that states that people treat objects close together as a group. In social psychology, the principle holds that people closer together in a physical environment are more likely to form a relationship than those farther away.

Popularly, the Proximity Principle is one that states "In order to do what you want to do, you need to be around people who are doing it and in places where it's happening".

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what is (at least) one way we could improve financial education in the us to help solve the financial capability issues?

Answers

Financial education in the us to help solve Start a budget, Understand your credit score, Schedule some time to learn.

what is Schedule?

To describe the time or manner in which something is planned to be completed. For instance, if something is finished on time, it is finished at the appointed hour.Two minutes earlier than expected, the plane touched down in Johannesburg. Everything proceeded as planned.Making a schedule keeps you on track to reach your objectives and encourages you to consider what you want to do each day, each week, and each month.Serial Timetable: A sort of schedule known as a serial schedule requires that one transaction be finished before beginning another. Non-serial Calendar: Multiple transactions run concurrently or simultaneously on a non-serial schedule.

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Rick mendez bought stock for $5,000, using $2,500 of his own money and $2,500 borrowed from the broker. One month later, the stock is sold for $5,650. Interest owed to the broker is $30; brokerage commissions to buy and sell the stock totaled $300.

Answers

The rate of return earned by Rick Mendez from the stock investment is 12.8%.

What is the rate of return?

The rate of return is the gain (or loss) earned from an investment expressed as a ratio of the initial investment cost.

For instance, the rate of return is the difference between the total costs of an investment and its sales proceeds, multiplied by 100.

The investment cost of stock = $5,000

Proceeds from the sale of the stock = $5,650

Broker's finance = $2,500

Interest on borrowed funds = $30

Brokerage commissions = $300

Total brokerage finance costs = $2,830

Net proceeds after brokerage costs = $2,820 ($5,650 - $2,830)

Investment using own funds = $2,500

Gain from investments = $320 ($2,820 - $2,500)

Rate of return = 12.8% ($320/$2,500 x 100)

Thus, we can state that Rick Mendez's investment in the stock yielded a return of 12.8%.

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Question Completion:

What is the rate of return earned by Rick Mendez?


In the United States, the 401(k) plan or Individual Retirement Account iS a defined
plan.

Answers

A defined contribution plan, often known as a cash or deferred arrangement, is a 401(k) plan.

What is a personal 401(k) plan?

When you work for yourself or as a partner in a company where the only employees are the partners and their spouses, you can maximize your savings with an individual 401(k), also known as an i401(k).

What is a defined benefit plan in a single 401(k)?

A Solo CB can be used in conjunction with a 401(k) Plan or as a standalone retirement plan. There is a compulsory contribution to a Solo CB because it is a defined benefit plan, but the plan also permits sizeable pre-tax retirement plan contributions, especially for business owners over the age of 50.

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the open-market committee of the federal reserve announced that it plans to sell more government bonds to the public. this action will likely

Answers

It is likely that this will result in less money being available.

What is Open market?

The phrase "open market" is often used to describe a near to free trade economic environment. The phrase is used to describe interbank trading in securities in a more precise, technical sense. There are little to no constraints on how enterprises can conduct themselves in a market that is open to competition.

A market without regulatory restrictions, such as taxes, license requirements, and government subsidies, is referred to as an open market. Without the influence of an outside market, buyers and sellers can freely exchange goods. Changes in demand and supply impact the pricing of products and services.

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fetzer company declared a $0.15 per share cash dividend. the company has 320,000 shares authorized, 304,000 shares issued, and 12,800 shares in treasury stock. the journal entry to record the payment of the dividend is:

Answers

Debit Common Dividend Payable - $43,680; credit Cash $43,680.

Since stated payments to shareholders are often made within a year, Dividends Payable are categorised as a current obligation on the balance sheet.

Retained earnings are the cumulative gains that are kept by a firm rather than distributed to shareholders and are used to pay cash dividends.

The correct journal entry would thus be a debit to the retained profits account following the declaration and a credit of the same amount to the dividends payable account.

A corporation's payout of earnings to its shareholders is known as a dividend. A corporation is allowed to distribute a portion of its profit as a dividend to shareholders when it generates a profit or surplus.

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what is the european union (eu)? multiple choice question. an area with high trade barriers a regional free-trade zone a high tariff zone a multilateral trade agreement

Answers

A regional free-trade zone is the european union.

What exactly does the EU stand for?United Kingdom. a group whose objective is to unify Europe so that people, products, and services may travel freely between its member nations. obligations to join the European Union. No death penalty, the same monetary system, one legislative body, and a secular government. EuroSix nations signed the agreement creating the European Economic Community (EEC) on January 1st, 1958, laying the groundwork for the European Union.A free trade area is a collection of nations without a unified trade policy toward non-members but with typically eliminated tariffs and non-tariff trade obstacles amongst its members. Examples of free trade regions include the European Free Trade Association (EFTA) and the North American Free Trade Agreement (NAFTA).

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consider the following information for a period of years: arithmetic mean long-term government bonds 7.9% long-term corporate bonds 8.0 inflation 3.5 what is the real return on long-term government bonds? note: do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. what is the real return on long-term corporate bonds?

Answers

The real return on long-term corporate bonds is 4.35%.

Long-term government bonds nominal return = 7.9%

Inflation rate = 3.5%

Real return is given by the formula:

Real Return = (1+Nominal return) (1+inflation) −1

substitute the Long-term government bonds nominal return and inflation calculated above:

Real Return = (1+7.9%) (1+3.5%) −1

= 0.042512077 = 4.25% (rounded to 2 decimal places)

Real return: 4.25%

Requirement 2: What is the real return on long-term corporate bonds? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Long-term corporate bonds return = 8.0%

Substitute the given values:

Real Return = (1+8.0%) (1+3.5%) −1

= 0.043478261 = 4.35% (rounded to 2 decimal places)

Real return: 4.35%


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which of the following firms has the least incentive to advertise? a. a wholesaler of crude oil b. a restaurant c. a manufacturer of home heating and air conditioning d. a manufacturer of breakfast cereal

Answers

The following firms has the least incentive to advertise is a wholesaler of crude oil.

The process of drawing attention to a good or service via the use of advertising strategies. A product or service is highlighted in advertising in the hopes that customers would get interested in it. However, there are a variety of purposes, with commercial advertising being the most popular. It is often used to promote a certain commodity or service.

Commercial advertising sometimes aims to boost the consumption of their goods or services by "branding," which links a product name or image with specific traits in the minds of consumers. Direct-response advertising, in contrast, refers to advertisements that aim to prompt a quick sale.

Hence the correct option is A

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during the year, a firm purchased $256,200 of merchandise and paid freight charges of $41,720. if the total purchases returns and allowances were $15,790 and purchase discounts were $8,250 for the year, what is the net delivered cost of purchases?

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During the year, a firm purchased $256,200 of merchandise and paid freight charges of $41,720. if the total purchases returns and allowances were $15,790 and purchase discounts were $8,250 for the year, the net delivered cost of purchases is $273,880.

What is meant by freight charges?The terms "freight costs" and "freight charges" are interchangeable. It is the sum of money paid to a transportation company to move products from their point of origin to a specified location.When transferring LTL freight, it's critical to understand the distinctions between the three main types of freight costs you'll encounter: collect, prepaid, and third-party. Whom and when to bill are eventually impacted by the variations between various sorts of freight rates.The principal elements used to calculate the freight rate are the mode of transportation, the weight, size, and distance between the pickup and delivery locations, as well as the actual products being delivered.

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. for music produced for commercials, what party is responsible for filing work reports with labor unions and coordinating with a third-party payroll service?

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An advertising agency is responsible for filling work reports with labour unions and coordinating with a third-party payroll service.

What does labor union mean?

Trade unions or labor unions are associations formed by employees in related occupations to advance the interests of their constituents. They aid workers with matters like the fairness of pay, decent working environment, hours of work and perks.

What three forms of unions are there?

The internal organization and administrative procedures of labor unions vary widely and are quite complex. Within the labor movement, it is easy to distinguish between three basic levels: union federations, national unions, and regional unions.

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which of the following is the process of learning how other firms do things in an exceptionally high-quality manner? a.value-added analysis b.benchmarking c.statistical quality control d.reducing cycle times e.outsourcing

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Following is the process of learning how other firms do things in an exceptionally high-quality manner b.) benchmarking.

What is benchmarking?

The practice of comparing business processes and performance metrics to industry bests and best practices from other companies is called benchmarking.

Benchmarking implies evaluating something by comparison with a standard. Three different types of benchmarking are: process, performance and strategic. Process benchmarking is about comparing  steps in the operation versus the ones that others have mapped out.

The objectives of benchmarking are as follows: to establish system of measures for internal management, and also to use these measures to identify best practices.

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