If you estimate the basis will be 15 over December futures at the time you purchase corn, the approximate buying price you can lock in by selling a December futures contract at $5.50 is $5.65.
What is the Commodity Basis?
The commodity basis is the difference between the local cash price of a commodity and the price of a particular futures contract for the same commodity at any given point in time. The basis is calculated as follows: Basis = Cash Price - Futures Price.
When a farmer or trader agrees to sell a commodity in the future at a price determined by a futures contract, they lock in a price for their commodity. Since the futures price is determined by market forces, the price that the seller of the commodity receives is subject to volatility, and the difference between the price of the commodity when the contract is agreed upon and the price of the commodity when it is sold is determined by the basis.
According to the question,
Basis = Cash Price - Futures Price15
= Cash Price - $5.50Cash Price
= $5.50 + $0.15 = $5.65
Therefore, the correct option is (a) $5.65.
learn more about Commodity here:
https://brainly.com/question/17242780
#SPJ11
Some foreign countries require companies to be structured as ____in order to enter that foreign market. The companies gain access to the market, while the country gains advanced technology and know-how.
"Some foreign countries require companies to be structured as joint ventures in order to enter that foreign market. The companies gain access to the market, while the country gains advanced technology and know-how."
Companies gain access to the market, while the country gains advanced technology and know-how through joint ventures.
Joint ventures refer to a business agreement in which two or more parties agree to pool their resources for a specific business purpose. In such a venture, each party is responsible for its profits and losses.
Joint ventures have become increasingly popular because they enable companies to participate in foreign markets without having to spend a lot of money.
They enable companies to share the costs of production and distribution, which lowers their costs and raises their profits.
Joint ventures have also become popular because they enable countries to gain access to advanced technology and know-how.
In a joint venture, a foreign company shares its technology and know-how with a domestic company, which enables the domestic company to improve its products and services.
This, in turn, increases the domestic company's competitiveness in the international market.
To know more about joint ventures, refer here:
https://brainly.com/question/30154434#
#SPJ11
On July 1, Lopez Company paid $1,500 for six months of insurance coverage. No adjustments have been made to the Prepa Insurance account, and it is now December 31 Zim Company has a Supplies account balance of $5,600 at the beginning of the year. During the year, it purchases $2,300 supplies. As of December 31, a physical count of supplies shows $950 of supplies available. epare the year-end adjusting entries to reflect expiration of the insurance and correctly report the balance of the Supplies ac the Supplies Expense account as of December 31. *** View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 a. 1,500 Insurance expense Prepaid insurance 1,500 N b. Supplies Supplies expense
When answering questions on Brainly, it is important to always be factually accurate, professional, and friendly. Additionally, answers should be concise and free of extraneous detail.
Irrelevant parts of the question should be ignored, and the question should not be repeated in the answer. Here is the answer to the given question: Year-end adjusting entries and Supplies Expense account balance adjustments: Transaction No.General JournalDebitCredit1a.Insurance expense1,000Prepaid insurance1,0001b.Supplies expense6,950Supplies6,950Explanation:Lopez Company paid $1,500 for six months of insurance coverage, which means the monthly cost was $250 ($1,500 / 6 months). As of December 31, the company has used 6 months worth of insurance, which equates to $1,500 of the prepaid insurance being expired. Therefore, we need to debit Insurance expense and credit Prepaid insurance for $1,500.Zim Company had a Supplies account balance of $5,600 at the beginning of the year, made purchases of $2,300 during the year, and had $950 worth of supplies remaining at the end of the year. This means that $6,950 ($5,600 + $2,300 - $950) of supplies were used during the year. Therefore, we need to debit Supplies expense and credit Supplies for $6,950.The adjusted balances of the Supplies account and Supplies Expense account are as follows: Supplies: $950Supplies Expense: $6,950.
Read more about insurance here:https://brainly.com/question/1373572
#SPJ11
Bond's gym should use to help solve the problem. if the owner of bond's gym raises his prices, the demand for membership will most likely . if the owner of bond's gym decides to raise his prices, he could make money per monthly membership.
The decision to use positive or negative incentives will depend on the gym's overall business strategy and target market. However, raising prices is not always the best option, as it could potentially decrease demand for membership.
When it comes to incentivizing customers, both positive and negative incentives can be effective, depending on the situation. In the case of Bond's Gym, it's important to consider what type of incentives would be most appealing to the target market.
Raising prices is a negative incentive, as it would increase the cost of membership for customers. This could potentially deter some customers from joining, particularly those who are price-sensitive. However, if the gym is able to position itself as a premium brand with high-quality equipment, amenities, and services, some customers may be willing to pay a higher price for the perceived value they are receiving.
Applying discounts or fees is a positive incentive, as it rewards customers for certain behaviors or actions, such as referring a friend or signing up for a long-term membership. This can be an effective way to incentivize current customers to stay loyal and refer others to the gym.
Offering exclusive memberships is also a positive incentive, as it creates a sense of exclusivity and value for customers who are willing to pay for it. For example, the gym could offer a premium membership that includes additional perks like personal training sessions, exclusive access to certain equipment, or discounted rates for group classes.
If the gym is able to offer attractive positive incentives, such as discounts or exclusive memberships, it may be able to attract and retain more customers while still generating revenue.
To learn more about the target market
https://brainly.com/question/13363009
#SPJ4
Complete question:
The owner of Bond's Gym wants your advice. He asks you if you think positive incentives would work better than negative incentives. He is considering these options: - Raising or lowering prices - Applying discounts or fees - Offering exclusive memberships Bond's Gym should use to help solve the problem. If the owner of Bond's Gym raises his prices, the demand for membership will most likely. If the owner of Bond's Gym decides to raise his prices, he could make money per monthly membership.
Answer: negative incentives ,decrease, more
Explanation: on edge
Match the strategic operation decisions with the other functional group affected and involved in the decision due to the interrrelated nature of the decisions domainCapacity - Finance and MarketingWorkforce - Human ResourcesProduction/Process Innovation - Engineering/Human ResourcesSupply Chain Network - Finance, Engineering, Marketing, Sales
The strategic operations decisions and the corresponding functional groups affected and involved in the decision due to the interrelated nature of the decisions are as follows Capacity, Workforce,Process Innovation, Supply Chain .
Capacity - Finance and Marketing: Capacity decisions involve planning for future capacity needs which requires input from finance in terms of budgeting and cash flow projections, and marketing to understand customer demand and sales projections.
Workforce - Human Resources: Workforce decisions involve ensuring that the right amount of labor is available to meet the needs of the organization. Human Resources is responsible for managing and developing the organization's workforce and should be heavily involved in any workforce decisions.
Production/Process Innovation - Engineering/Human Resources: Process and production innovation decisions involve designing and implementing new processes and technologies, and often require input from both engineering and human resources to ensure that the organization is able to recruit and retain the necessary talent for implementation and training.
Supply Chain Network - Finance, Engineering, Marketing, Sales: Supply chain network decisions involve selecting and managing suppliers, vendors, and other external resources.
All of the involved functional groups, including finance, engineering, marketing, and sales, need to provide input to ensure that the organization's supply chain is efficient and cost-effective.
To know more about human resources click on below link:
https://brainly.com/question/29022219#
#SPJ11
The Four-Fifths Rule applies when the number of employees from a protected class is less than four-fifths of the number of employees hired from the class with the highest selection rate. a. True
b. False
The statement, "The Four-Fifths Rule applies when the number of employees from a protected class is less than four-fifths of the number of employees hired from the class with the highest selection rate," is true as the statement describe correct information.
The Four-Fifths Rule is an approach used to determine if there is adverse impact, which occurs when an employment policy or practice adversely affects the employment of individuals based on their race, color, religion, sex, or national origin.
Adverse impact is identified by utilizing a benchmark, in this case, the selection rate for the most represented group. A selection rate is the number of applicants hired divided by the number of applicants who applied.
The Four-Fifths Rule is used when the selection rate for the protected group is less than 80% (or 4/5) of the selection rate for the most represented group. In other words, if the selection rate for the most represented group is 60%, then a selection rate of less than 48% (60% x 0.8 = 48%) for the protected group is considered adverse impact.
To know more about selection rate click on below link:
https://brainly.com/question/30455847#
#SPJ11
describe each of the following primary business activities: a. financial analysis b. human resources management c. information management d. marketing e.
financial analysis is the system of plan-ning, retaining, tracking, controlling, and reporting the usage of monetary assets.
Human resource management involves creating personnel regulations and techniques that assist business goals and strategic plans. primary to this undertaking is fostering a lifestyle that reflects core values and empowers employees to be as effective as feasible.
information management specializes in the level of manage an employer has over the facts it produces. It requires constructing committed information control systems designed to assist the enterprise use its sources to help enterprise approaches.
marketing refers to sports a agency undertakes to sell the shopping for or selling of a services or products. advertising includes advertising, selling, and handing over products to purchasers or other companies.
To understand extra about marketing click on right here
brainly.com/question/27155256
#SPJ4
the emergency banking relief act closed all banks in order to stop the banking crisis that was occurring. the banking act of 1933 created the federal deposit insurance corporation to insure bank deposits.these new deal measures were designed to a. prevent bank failures. b. pump money into the economy. c. regulate the stock market. d. provide jobs to americans.
The Emergency Banking Relief Act and the Banking Act of 1933 were both part of Franklin D. Roosevelt's New Deal. Their objective was to address the country's banking crisis in the 1930s, which resulted in many bank failures, individuals' loss of their savings, and the erosion of public confidence in the banking system. Measures were designed to restore trust in the banking system and prevent further bank failures. Correct answer is option A
The Emergency Banking Relief Act was enacted on March 9, 1933, as an emergency response to the nationwide banking crisis that emerged during the Great Depression. This law allowed the President to regulate banks and re-open those that had closed due to the financial crisis. Banks were examined for solvency and were granted Federal Reserve assistance if deemed acceptable.
The Banking Act of 1933 was enacted to help maintain public confidence in the banking system by making it more transparent and providing additional safeguards to protect depositors' funds. It created the Federal Deposit Insurance Corporation (FDIC), which insured bank deposits of up to $5,000 per depositor. Therefore Correct answer is option A
Know more about Great Depression here:
https://brainly.com/question/29771180
#SPJ11
What is a positive element of narrowcasting from the consumer’s prospective?
Select one:
a. Narrowcasting makes it easier to create television shows that resonate with a broad audience, like Game of Thrones or Stranger Things.
b. Without narrowcasting, programs that are narrowly tailored to specific interest wouldn’t exist.
c. Narrowcasting helps huge audiences find popular shows on major networks.
The positive element of narrowcasting from the consumer's perspective is: b. Without narrowcasting, programs that are narrowly tailored to specific interests wouldn't exist.
What is a positive element of narrowcasting from the consumer’s prospective?Narrowcasting allows for the creation of content that is specifically targeted to niche audiences, which may not be served by more general programming.
This means that consumers with specific interests or preferences can find content that speaks directly to them, rather than having to sift through a sea of more generic programming. In this way, narrowcasting helps to increase the diversity of programming available to consumers and allows for a more personalized viewing experience.
Therefore the correct option is B.
Learn more about narrowcasting here:https://brainly.com/question/13948896
#SPJ1
Assume a hypothetical economy that is open to capital inflows and outflows, so that net capital inflow equals imports (IM) minus exports (X). a. The economy has the following properties: X = $125 million
IM = $80 million Budget balance = -$200 million l = $350 million Calculate private savings in millions of dollars. Private savings = $ _______ million
Assuming a hypothetical economy that is open to capital inflows and outflows, so that net capital inflow equals imports (IM) minus exports (X), given that: X = $125 million, IM = $80 million, Budget balance = -$200 million, = $350 million, Private savings in millions of dollars is $430 million
Private savings = Y – C – G
Y is the aggregate income
C is the consumption expenditure
G is the government expenditure.
Y = C + I + G + (X – IM) = C + I + G + (125 – 80) = C + I + G + 45
Also, the government expenditure (G) and the tax revenue (T)
G = $200 million
T =?
The budget balance is $200 million,
The difference between government expenditure and tax revenue is -$200 million, so the tax revenue (T) will be:
T = G – $200 = $200 – $200 = $0 million
Private savings = Y – C – G
Private savings = (C + I + G + 45) – C – G
Private savings = I + 45
The total private investment (I) is given as:
l = $350 million
I + S = Y = C + I + G + (X – IM)I + S = l + (X – IM)I = l – S + (X – IM)I = $350 – S + (125 – 80)I = $395 – S
Substituting the value of I in the above equation
Private savings = I + 45
Private savings = ($395 – S) + 45
Private savings = $440 – S
Private savings = $440 – S
S = Y – I – G + T
T = $0 million
Y = C + I + G + (X – IM) = C + I + G + 45C = (Y – I – G) + (IM – X)C = (l – S – G) + (80 – 125)C = $205 – S
Now, substituting the value of C and T
S = Y – I – G + TS = (C + I + G + 45) – I – G + 0S = C + 45 – G = $205 – SS = $205 – ($395 – S + $200)S = $10 million
Therefore, private savings in millions of dollars is $430 million.
Learn more about capital inflows and outflows here:
https://brainly.com/question/15724120
#SPJ11
Which of the following statements is CORRECT?
a. The New York Stock Exchange is an auction market, and it has a physical location.
b. Home mortgage loans are traded in the money market.
c. If an investor sells shares of stock through a broker, then it would be a primary market transaction.
d. While the distinctions are blurring, investment banks generally specialize in lending money, whereas commercial banks generally help companies raise capital from other parties.
e. Money markets deal with common stocks and other equity securities.
The correct statement is A: The New York Stock Exchange is an auction market, and it has a physical location.
The New York Stock Exchange (NYSE) is the world's largest stock exchange in terms of market capitalization. It is located at 11 Wall Street in Lower Manhattan, New York City, and is the most significant exchange in the world. On the NYSE, only registered brokers can trade directly.
Transactions on the NYSE are primarily handled by way of the NYSE electronic trading platform, NYSE Arca, which is utilized to trade NYSE listed stocks and ETFs. To conclude, statement A is correct: The New York Stock Exchange is an auction market, and it has a physical location.
You can learn more about stock exchange at
https://brainly.com/question/23923210
#SPJ11
1. An argument is a piece of information a function needs to complete its task. List five different forms that the information can take. (an argument can be any one of these types)a. A numberb. __________c. ___________d. ___________e.____________f. _____________2. T or F All functions have exactly one argument ___________3. T or F All functions have more than one argument __________4. T or F Some functions do not require an argument ____________
1. An argument is a piece of information a function needs to complete its task. Five different forms that the information can take. (an argument can be any one of these types) a. A number b. A string c. A Boolean valued. d. A variable. e. A function f. A set or list.
2. All functions have exactly one argument: False
3. All functions have more than one argument: False
4. Some functions do not require an argument: True
Functions are defined as code blocks that perform specific tasks. Functions accept input, known as arguments, and provide an output.
Arguments are data that is passed into a function, which it then uses to execute a specific task. These arguments may take on a variety of shapes, including numbers, strings, Boolean values, variables, functions, and sets or lists. The arguments that are used by a function are usually specified when the function is defined. Functions do not always require the same number of arguments. Some functions require one argument, while others require more than one or no arguments at all.
False is the answer to questions 2 and 3. Not all functions have the same number of arguments, and some may not have any arguments at all. The answer to question 4 is true. While arguments are needed by most functions to operate, some do not require any arguments to be passed to them.
Learn more about arguments here: https://brainly.in/question/32136780
#SPJ11
inflation-indexed treasury bonds are intended for investors who wish to ensure that the returns on their investments keep up with the increase in prices over time. a. true b. false
Answer:
The correct option is A) True. Inflation-indexed treasury bonds are intended for investors who wish to ensure that the returns on their investments keep up with the increase in prices over time.
Explanation:
What are inflation-indexed treasury bonds?
Inflation-indexed treasury bonds (I-bonds) are a type of treasury bond (T-bond) that is linked to the rate of inflation. The United States Treasury Department issued I-bonds in 1998. Treasury bonds are bonds sold by the United States government, and they are regarded as one of the safest investments. These bonds are considered to be an investment vehicles because they have a fixed interest rate.The benefits of investing in inflation-indexed treasury bonds are as follows: When you invest in I-bonds, your investment is shielded from inflation, which ensures that the value of your investment increases over time.You will receive interest on your investment in addition to the money you invested. I-bonds have a set maturity date, which ensures that you will receive the entire amount you invested plus the interest earned at the time of maturity. In conclusion, inflation-indexed treasury bonds are intended for investors who wish to ensure that the returns on their investments keep up with the increase in prices over time. Therefore, the statement "True" is correct.
Learn more about Inflation-indexed treasury bonds here:
https://brainly.com/app/ask?q=Inflation-indexed+treasury+bonds
#SPJ11
The correct option is A) True. Inflation-indexed treasury bonds are intended for investors who wish to ensure that the returns on their investments keep up with the increase in prices over time.
What are inflation-indexed treasury bonds?Inflation-indexed treasury bonds (I-bonds) are a type of treasury bond (T-bond) that is linked to the rate of inflation. The United States Treasury Department issued I-bonds in 1998. Treasury bonds are bonds sold by the United States government, and they are regarded as one of the safest investments. These bonds are considered to be an investment vehicle because they have a fixed interest rate.
In conclusion, inflation-indexed treasury bonds are intended for investors who wish to ensure that the returns on their investments keep up with the increase in prices over time. Therefore, the statement "True" is correct.
Learn more about Inflation-indexed treasury bonds here:
brainly.com/question/
#SPJ11
Alberto plans to apply for a car loan. When should he check his credit report?
a) 1 week before applying for the loan
b) 1 month before applying for the loan
c) Around 3 to 6 months before applying for the loan
d) He does not need to check his credit report
Alberto plans to apply for a car loan. It is ideal to check his credit report around 3 to 6 months before applying for the loan option (c) . This will allow him enough time to identify and fix any errors, dispute any inaccuracies, and take steps to improve his credit score, if necessary.
A credit report is a record of your borrowing history, including loans, credit cards, and other forms of credit. Credit reports contain information about the amount you owe and how you repay your debts, as well as other financial information that may influence your ability to receive credit. Your credit report is an essential component of your credit score, which is a measure of your creditworthiness. Credit scores are used by lenders to determine whether to grant you credit, and at what interest rate.
A credit report contains several key components, including the following: Personal Information: This includes your name, address, social security number, and other identifying information. Creditors use this information to verify your identity and ensure that your credit history is accurate. Credit History: This section contains a list of your current and past credit accounts, including credit cards, mortgages, car loans, and other forms of credit. This section also includes information about the amount you owe, your payment history, and any delinquent accounts.
Public Records: This section includes any public records associated with your credit history, including bankruptcies, tax liens, and judgments. Inquiries: This section contains a list of companies or individuals who have requested a copy of your credit report. Hard inquiries can negatively impact your credit score, so it is important to limit the number of inquiries you have on your credit report. Improving your credit score requires a long-term commitment to responsible credit behavior. Some tips for improving your credit score include the following:
Pay your bills on time. Late payments can have a significant negative impact on your credit score. Keep your credit card balances low. High balances can also negatively impact your credit score. Don't close unused credit accounts. This can lower your credit utilization ratio, which is a key component of your credit score. Review your credit report regularly. Identify and dispute any errors or inaccuracies, and take steps to improve your credit score over time.
Thus option (c) is correct.
For more such questions on credit report
https://brainly.com/question/30239492
#SPJ11
your company recently adopted a hybrid architecture that integrates its on-premises data center to aws cloud. you are assigned to configure the vpc and implement the required iam users, iam roles, iam groups, and iam policies. In this scenario, what is a best practice when creating IAM policies?
When creating IAM policies in the context of integrating an on-premises data center with AWS cloud, a best practice is to follow the principle of least privilege.
This means that IAM policies should only grant the minimum set of permissions required for a user or role to perform their specific tasks, and no more.
The principle of least privilege helps to minimize the risk of accidental or intentional misuse of privileges, which could potentially compromise the security of the system. By limiting access to only the necessary resources, you can reduce the attack surface and prevent unauthorized access to sensitive data.
Additionally, it's a good practice to regularly review and update IAM policies to ensure that they remain appropriate and relevant as the system evolves over time. This can help to identify any unnecessary or outdated permissions and prevent security vulnerabilities from going undetected.
You can learn more about principle of least privilege at
https://brainly.com/question/27034248
#SPJ11
One way that nations can control the value of their currency is through a ___________, in which the value of a currency is determined by the forces of supply and demand.
One way that nations can control the value of their currency is through a floating exchange rate, in which the value of a currency is determined by the forces of supply and demand.
A floating exchange rate is a type of exchange rate regime in which a currency's value is allowed to fluctuate freely in response to changes in the market. The value of a currency is determined by the forces of supply and demand in the foreign exchange market. The floating exchange rate system is used by most of the world's major economies today. It provides greater flexibility than a fixed exchange rate regime, allowing a country to adjust its exchange rate in response to changes in the market. This can be useful in times of economic crisis or when a country needs to boost its exports.
You can learn more about supply and demand at
https://brainly.com/question/1222851
#SPJ11
true ior false once credit is established, most people should plan on having at least eight to ten credit cards at any given time
The statement "once credit is established, most people should plan on having at least eight to ten credit cards at any given time" is False because it is important to maintain a balance between the number of credit cards and your ability to manage them responsibly.
What is credit?Credit refers to the ability of a person or organization to borrow money with the promise of repaying it later. It involves the use of credit cards, loans, and other types of credit facilities. Establishing credit is essential since it allows you to borrow money when you need it for significant purchases such as a house or car.
While having several credit cards can help you build a credit history, it is not advisable to have too many credit cards. Having too many credit cards can hurt your credit score and make it challenging to manage your finances effectively. It is advisable to have two to three credit cards and ensure that you make timely payments on them to maintain a good credit score.
It is worth noting that establishing credit and maintaining it takes time and effort. It would be best if you made timely payments and avoid maxing out your credit cards to maintain a healthy credit score. It is also essential to monitor your credit report regularly and report any errors to ensure that your credit score remains accurate.
Learn more about Credit here: https://brainly.com/question/13964348
#SPJ11
3. assume the initial rate on a 1/1 arm is 11.50%. the loan has a margin of 265 basis points above libor. in one year after the loan is originated, the libor is 9.5%. what is the fully indexed rate on the loan in one year?
The fully indexed rate on the loan in one year, assuming the initial rate on a 1/1 ARM is 11.50% and the loan has a margin of 265 basis points above LIBOR and after the loan is originated, the LIBOR is 9.5% would be 12.15%.
Given information:Initial rate on a 1/1 ARM = 11.50%
Loan margin above LIBOR = 265 basis points.
LIBOR after 1 year = 9.5%
Therefore, the fully indexed rate on the loan after one year can be calculated as:
Fully Indexed Rate = (Initial Rate) + (Loan Margin) + (LIBOR)
After 1 year, LIBOR is 9.5% and the loan has a margin of 265 basis points above LIBOR.
Therefore, the fully indexed rate on the loan after one year would be:Fully Indexed Rate = 11.50% + 2.65% + 9.5% = 12.15%
Therefore, the fully indexed rate on the loan in one year would be 12.15%.
To learn more about loan, click here:
https://brainly.com/question/11913486
#SPJ11
Gold Leaf Computers sources the components for its laptops from various suppliers on the market. The firm pays $100 for processors. $35 for disk drives. $50 for screens, $10 for memory, and $40 for graphics and wireless internet cards. Gold Leaf has determined that it would cost $200 per unit to produce all of the necessary components in its in-house manufacturing facility. In this scenario, Gold Leaf should Multiple Choice o continue to outsource production o vertically integrate, o exit the laptop industry o diversity its activities
Gold Leaf Computers sources the components for its laptops from various suppliers on the market. In order to reduce the production cost of a laptop, Gold Leaf Computers should vertically integrate. Therefore, option B is correct.
Vertical Integration: The process of taking over a company's suppliers and/or distributors to boost a business's efficiency and reduce production costs is known as vertical integration. This can be accomplished either through acquiring a company further up or down the supply chain, or by building up the company's resources in-house in order to perform the necessary functions.
In this scenario, Gold Leaf Computers sources the components for its laptops from various suppliers on the market. The firm pays $100 for processors, $35 for disk drives, $50 for screens, $10 for memory, and $40 for graphics and wireless internet cards. Gold Leaf has determined that it would cost $200 per unit to produce all of the necessary components in its in-house manufacturing facility. It would be more cost-effective to manufacture the components in-house rather than purchasing from suppliers. Therefore, Gold Leaf Computers should vertically integrate.
Learn more about "Suppliers"; https://brainly.com/question/13836623
#SPJ11
if purchasing-power parity held, if a big mac costs $2 in the united states, and if 10 mexican pesos trade for $1 dollar, then a big mac in cancun, mexico, should cost:
The price of a Big Mac in Cancun, Mexico, should be 20 Mexican pesos.
If purchasing-power parity (PPP) holds, then the exchange rate between two currencies should equal the ratio of the price levels of the two countries. In other words, if a Big Mac costs $2 in the United States and the exchange rate is 10 Mexican pesos per dollar, then the price of a Big Mac in Cancun, Mexico, should be 20 Mexican pesos (i.e., 2 dollars x 10 pesos per dollar).
So, if PPP holds, a Big Mac in Cancun, Mexico, should cost 20 Mexican pesos. However, it is important to note that PPP does not always hold perfectly in practice, due to factors such as trade barriers, transportation costs, and market imperfections. Therefore, the actual price of a Big Mac in Cancun, Mexico, may differ from the predicted price based on PPP.
You can learn more about purchasing-power parity (PPP) at
https://brainly.com/question/2286004
#SPJ11
many companies, called allied industries, do not sell food directly but are still deeply involved in the food industry. the dairy industry is a good example of an allied industry.
The dairy industry is an example of an allied industry that does not sell food directly but is still deeply involved in the food industry.
What are the allied industries?
Allied industries provide an important role in the food industry by providing services such as the production, packaging, distribution, and marketing of food products. These services enable the food industry to produce, store, and distribute food to consumers.
Many companies, called allied industries, do not sell food directly but are still deeply involved in the food industry. The dairy industry is a good example of an allied industry. Allied industries refer to the economic activity created by indirect and direct economic ties between suppliers of goods and services and those who make goods and services available to customers.
Learn more about the industry here:
https://brainly.com/question/31158274
#SPJ11
one-on-one interaction between a salesperson and a prospective buyer is called ________.A. personal selling B. direct marketing C. prospecting D. sales promotion E. specialty advertising
The answer to this question is A. Personal Selling. Personal selling is a type of one-on-one interaction between a salesperson and a prospective buyer that is aimed at building relationships and promoting a product or service.
It involves both verbal and non-verbal communication in order to effectively convey the value of the product or service being offered. Personal selling typically involves finding prospects, making initial contact, following up with prospects, and closing sales. The salesperson uses various techniques such as storytelling, demonstration, and negotiation to create a positive impression on the prospective buyer. The goal of personal selling is to build relationships, create trust, and ultimately make a sale.
for more such questions on salesperson .
https://brainly.com/question/555478
#SPJ11
Dowell Company produces a single product. Its income statements under absorption costing for its first two years of operation follow.
Income Statements (Absorption Costing) Year 1 Year 2
Sales ($53 per unit) $ 1,113,000 $ 3,339,000
Cost of goods sold ($38 per unit) 798,000 2,394,000
Gross profit 315,000 945,000
Selling and administrative expenses 282,000 366,000
Income $ 33,000 $ 579,000
Additional Information
Sales and production data for these first two years follow.
Units Year 1 Year 2
Units produced 42,000 42,000
Units sold 21,000 63,000
Variable costs per unit and fixed costs per year are unchanged during these years. The company's $38 per unit product cost using absorption costing consists of the following.
Direct materials $ 12
Direct labor 12
Variable overhead 6
Fixed overhead ($336,000/42,000 units) 8
Total product cost per unit $ 38
Selling and administrative expenses consist of the following.
Selling and Administrative Expenses Year 1 Year 2
Variable selling and administrative ($2 per unit sold) $ 42,000 $ 126,000
Fixed selling and administrative 240,000 240,000
Total $ 282,000 $ 366,000
Required:
Prepare income statements for each of these two years under variable costing. (Loss amounts should be entered with a minus sign.)
Income Statements (Variable Costing)
Year 1 Year 2
Sales ($53 per unit) $1,113,000 $3,339,000
Variable costs of goods sold ($18 per unit) $378,000 $1,134,000
Contribution Margin $735,000 $2,205,000
Fixed costs of goods sold ($336,000/42,000 units) $8,000 $8,000
Gross Profit $727,000 $2,197,000
Variable selling and administrative expenses ($2 per unit sold) $42,000 $126,000
Fixed selling and administrative expenses $240,000 $240,000
Income $445,000 $1,831,000
You can read more about Income Statements at https://brainly.com/question/15169974
#SPJ11
buckley company started in year 1 by issuing stock for $17,400 cash. during year 1, buckley earned $12,900 of revenue on account. the company collected $6,200 cash from accounts receivable and paid $4,200 cash for operating expenses. based on this information alone, the balance in accounts receivable as of december 31, year 1 is: multiple choice
The balance in accounts receivable as of December 31, year 1 is $6,700. Therefore, the correct option is B.
Buckley Company started in year 1 by issuing stock for $17,400 cash. During year 1, Buckley earned $12,900 of revenue on account. The company collected $6,200 cash from accounts receivable and paid $4,200 cash for operating expenses.
The company earns revenue on account, i.e., on credit, so the $12,900 revenue earned in year 1 means that $12,900 worth of accounts receivable were generated in year 1.
The collection of $6,200 from accounts receivable reduces the accounts receivable balance, leaving the balance that hasn't been collected yet in accounts receivable.
Therefore, the accounts receivable balance as of December 31, year 1 is:
$12,900 – $6,200 = $6,700
Thus, the balance in accounts receivable as of December 31, year 1 is $6,700. Hence, option B is correct.
Note: The question is incomplete. The complete question probably is: Buckley company started in year 1 by issuing stock for $17,400 cash. during year 1, Buckley earned $12,900 of revenue on account. the company collected $6,200 cash from accounts receivable and paid $4,200 cash for operating expenses. based on this information alone, the balance in accounts receivable as of December 31, year 1 is: multiple choice A) $5, 800 B) $6,700 C) $7,000 D) $7,200.
Learn more about Accounts receivable:
https://brainly.com/question/24871345
#SPJ11
According to the loanable funds model, which of the following will increase the equilibrium level of investment and increase the equilibrium interest rate, holding everything else constant?
According to the loanable funds model, "an increase in the demand for funds" will increase the equilibrium level of investment and increase the equilibrium interest rate, holding everything else constant.
What is the loanable funds model? The loanable funds model is a theory of the relationship between the supply and demand for loans in the market. It depicts the supply of savings available for lending, as well as the demand for investment that these savings would finance.
The following factors impact the equilibrium level of investment and interest rate in the loanable funds model: Increase in the supply of funds will lead to a decrease in the equilibrium interest rate and an increase in the equilibrium level of investmentDecrease in the supply of funds will lead to an increase in the equilibrium interest rate and a decrease in the equilibrium level of investment increase in demand for funds will lead to an increase in the equilibrium interest rate and an increase in the equilibrium level of investmentDecrease in demand for funds will lead to a decrease in the equilibrium interest rate and a decrease in the equilibrium level of investmentTherefore, according to the loanable funds model, an increase in the demand for funds will increase the equilibrium level of investment and increase the equilibrium interest rate, holding everything else constant.
For more such questions on investment
https://brainly.com/question/29547577
#SPJ11
companies make investments for various reasons, including: having excess cash or in anticipation of a need for cash at some distant point in the future. to exercise significant influence or control over another company. neither a nor b. both a and b.
Companies make investments for various reasons, including both having excess cash or in anticipation of a need for cash at some distant point in the future and to exercise significant influence or control over another company. The correct answer is both a and b.
Investment is the allocation of resources to a specific financial asset with the intention of earning a financial return in the future. Companies can make investments to have control over other companies or have a source of income for future needs.
Some of the most common reasons for companies to make investments are:
To secure a supply of goods and services: Companies often invest in other businesses to guarantee a continuous supply of the products or services they require. This is usually carried out to ensure a secure source of supply for future needs.To enhance control over suppliers or distribution channels: Investment by a company in a supplier or distributor can help the company to exercise more control over these suppliers or distributors.To gain influence over competitors: Investment by a company in a competitor can provide them with a significant voice in the competitor's decision-making process. To acquire new businesses: Companies make investments to acquire new businesses for expansion purposes. To generate income: Companies may also invest their excess cash in stocks or other financial assets in order to generate additional income.Learn more about good investment choices https://brainly.com/question/4251310
#SPJ11
.the him manager tasked the coding manager to development a dashboard that shows the discharges pending final billing so that she can plan for staffing. because this data changes throughout the day, what analysis technique is needed?
The analysis technique required in this scenario is Real-Time Analysis. Real-time analytics is a type of business analytics that uses data generated by devices, machines, sensors, and people in real-time or near-real-time to identify patterns, gain insight, and guide business decisions.
To ensure that the manager can plan for staffing based on the changing data of discharges pending final billing, an analysis technique that can track and analyze data in real time analysis is needed. One such technique is streaming analytics, which can process large amounts of data and identify patterns in real-time.
Real-Time Analysis is similar to other types of data analytics, except that it is performed on data as it is created or entered, rather than on data that has been stored and collected over time. Real-time analysis is required in this case because the data changes throughout the day.
Real-Time Analysis can be useful when immediate decision-making is required, as is the case with discharges pending final billing, which necessitates staffing considerations based on real-time data.
Know more about Real-Time Analysis here:
https://brainly.com/question/15245373
#SPJ11
Which of these statements is NOT required in order for the EOQ model to be a reasonable approach?a. No constraints are placed on the size of each lotb. The demand rate is known and constantc. The setup/ordering cost must exceed the annual holding cost of one unitd. The lead time is known and constant
Out of the given options, the statement that is NOT required for the Economic Order Quantity model to be a reasonable approach is no constraints are placed on the size of each lot. Here option A is the correct answer.
The Economic Order Quantity model is a widely used inventory management technique that determines the optimal order quantity for minimizing inventory costs. It is based on a set of assumptions that must be met to be a reasonable approach.
This statement is not a necessary assumption for the EOQ model. In fact, the EOQ model assumes that the order quantity is fixed and constant for each reorder cycle. However, if there are constraints on the size of each lot, the EOQ model may need to be modified to account for those constraints.
The other statements are required assumptions for the EOQ model to be a reasonable approach. For example, the demand rate must be known and constant to determine the optimal order quantity. The setup/ordering cost must exceed the annual holding cost of one unit to ensure that ordering frequently does not increase inventory costs. The lead time must be known and constant to determine the reorder point.
To learn more about Economic Order Quantity model
https://brainly.com/question/29489377
#SPJ4
The default section of a switch statement performs a similar task similar to the ______ portion of an if/else if statement. a. conditional b. break c trailing else.
The default section of a switch statement performs a similar task to the conditional portion of an if/else if statement.
The question is asking about the default section of a switch statement, which performs a similar task to the conditional portion of an if/else if statement.
In other words, the switch statement is used to test a variable against a list of cases to determine which one matches. If none of the cases match, then the default statement is executed. An if/else statement is used to execute a block of code if a condition is true or false.
If the condition is true, then the code in the if block is executed. If the condition is false, then the code in the else block is executed.
In summary, the default section of a switch statement is similar to the conditional portion of an if/else if statement.
To learn more about “if statement” refers to the https://brainly.com/question/27839142
#SPJ11
What is the type of business tort that occurs when one business steals a competitor’s employee?
intentional infliction of emotional distress
trespass to contract
wrongful or tortious interference with contract
breach of contract
The type of business tort that occurs when one business steals a competitor's employee is called "wrongful or tortious interference with contract."
This occurs when a third party, in this case, the competitor, intentionally interferes with a contractual or business relationship between two parties, such as the employer and employee, causing one of the parties to breach the contract or business relationship. In this case, the competitor would have intentionally induced the employee to breach their employment contract with their current employer and work for them instead, causing harm to the current employer. This type of business tort can result in legal action against the interfering party and damages awarded to the harmed party.
To learn more about business click here
brainly.com/question/30955895
#SPJ4
explain collateralized debt obligations (cdos). a cdo is a package of debt securities that are usually separated into tranches based on their initial price. cdos are packages that contain only mortgage types of debt securities. a cdo represents a package of debt securities backed by collateral that is sold to investors.
Collateralized debt obligations (CDOs) are a package of debt securities that are usually separated into tranches based on their initial price. CDOs are packages that contain only mortgage types of debt securities.
What is a CDO?A collateralized debt obligation (CDO) is a structured product backed by a pool of bonds, loans, and other assets. CDOs have been used as a financing method since the 1980s. Banks create CDOs as a way to sell off their loans and investments to a broader variety of investors while freeing up their balance sheets. In exchange, investors are given cash flows from the CDO's underlying assets, as well as any potential price increases on the assets.
In summary, a CDO is a package of debt securities that are typically segregated into tranches based on their initial price. CDOs are packages that include only types of mortgage debt securities. A CDO is a package of debt securities supported by collateral that is sold to investors.
Learn more about CDO here:
https://brainly.com/question/17328386
#SPJ11
