Colonizing nations established their foreign places colonies to increase buying and selling networks into the arena's peripheral regions, remodeling the brand new market-primarily based totally financial system.
What do you mean by world economy?
The international financial system or international financial system is the financial system of all people of the arena, relating to the international monetary system, which incorporates all monetary sports which can be performed each inside and among nations, including production, consumption, monetary management, work in general, change of monetary values and trade of items and services. In a few contexts, the 2 phrases are distinct "international" or "international financial system" being measured one by one and prominent from country wide economies, at the same time as the "international financial system" is truly an mixture of the separate nations' measurements. Beyond the minimal popular regarding cost in production, use and change, the definitions, representations, fashions and valuations of the arena financial system range widely. It is inseparable from the geography and ecology of planet Earth.
It is not unusual place to restriction questions of the arena financial system completely to human monetary activity, and the arena financial system is commonly judged in monetary phrases, even in instances wherein there may be no efficient market to assist valuate positive items or services, or in instances wherein a loss of unbiased research, authentic facts or authorities cooperation makes organizing figures difficult.
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A financial statement that reports assets, liabilities, and owner’s equity on a specific date is called: _______
The term "balance sheet" refers to a financial statement that lists assets, liabilities, and owner's equity as of a certain date.
Why is money significant?The majority of financial research focuses on issues relating to money. To everyone or any business, it is a crucial element. It is crucial to a business since all companies need to make money to survive. Because of this, it is thought of as a specialized business in need of trained personnel.
What is fundamental financial understanding?This information aids in risk management and preserving the stability of the financial system. Accounts, mobile and internet banking, debit and credit cards, checks, PAN cards, ATM awareness, loans, investments, insurance, and taxes are covered in the financial fundamentals.
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in the market for baseball bats the equilibrium price is $20 and at this price 125 bats are sold. if the price were $5 more then firms would want to sell 140 bats but customers would only want to buy 110 bats. if the government imposed a price ceiling of $25 for bats, how many bats would be sold?
If the price ceiling is $25, the number of bats that would be sold is 100 bats.
How many bats would be sold?Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Equilibrium is the point where the quantity demanded is equal to the quantity supplied. Above the equilibrium, there would be a surplus and a shortage when price is below the equilibrium.
When price is $25, the quantity demanded is 110 and the quantity supplied is 140.
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if at the end of the first year the yield curve flattens out to 8%, what will the 1-year holding-period return on the coupon bond?
If at the end of the first year the yield curve flattens out to 8%, then 1-year holding-period return on the coupon bond will be 5.16%.
A coupon is the interest payment a bondholder receives from the bond's issuing date to its maturity date. Ordinarily, the "coupon rate," which is determined by summing the total annual coupon payments and dividing the result by the bond's face value, is used to characterise coupons.
The name "coupon" derives from the fact that previously, bonds were issued as bearer certificates. The certificate itself served as confirmation of ownership. A talon, which could be removed from the certificate and delivered in return for a block of additional coupons, was frequently also included.
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a portfolio has 45 percent of its funds invested in alpha stock and 55 percent invested in beta stock. alpha has a standard deviation of 6 percent. beta has a standard deviation of 12 percent. the securities have a coefficient of correlation of .62. what is the portfolio variance?
The portfolio variance ensures that all components move in perfect harmony.
Portfolio: What is it?
Portfolio management is the process of choosing, prioritising, and managing an organization's programmes and projects in accordance with its strategic goals and ability to carry them out.
Let's imagine the manager needs to distribute Rs 1,000,000 across the investor's potential investment options. The portfolio manager will then present a portfolio that is built around it, taking into account both the investor's risk tolerance and the types of returns that were computed.
Strategies for managing a portfolio should constantly strike a balance between performance and risk. To learn more about the active, passive, discretionary, and non-discretionary approaches to managing your portfolio.
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kunio puts $2,200.00 into savings bonds that pay a simple interest rate of 2.4%. how much money will the bonds be worth at the end of 4 years?
The bond will reportedly be worth $2411.2 after 4 years, according to the question.
How do bonds work?Governments and corporations issue bonds when they require to raise money. You are effectively borrowing the issuer money when you buy a bond. In return, they promise to pay periodic interest payments—typically twice a year—along the way as well as to reimburse you the full amount of the loan on the specified date.
Briefing-Kunio puts $2200.00 into savings bonds means
P= 2200
pay a simple interest rate of 2.4% means
r= 2.4
t= 4
Formula for Simple interest =P*t*r/100
Simple interest (2200×2.4×4)/100
Simple interest= $211.2
So, A= P+ Simple interest
A= 2200+211.2= 2411.2
Hence bond will be worth $2411.2
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the lowest level of diversification is the level. a. related constrained b. single-business c. dominant-business d. unrelated
The Correct Option is D.
Unrelated is not the lowest level of diversification.
Diversification
This degree of diversification is seen in a business that focuses its operations primarily on one or a few key industries. If the company's revenue represents more than 95% of all sales, it is engaged in a single line of business.
The company's business is dominated if the generated revenue is between 70% and 95%. As a company with little diversity, 5M Security Services Limited primarily targets the "security guards' industry."
Given that breakfast cereals and "snack foods" account for the majority of Kellog's sales, the company is an example of a dominant commercial entity.However, businesses that only make money from one product cannot be considered diversified businesses in the real sense of the word.To Know more about Diversification, Check out:
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amesly is an office furniture company. the wood, metal, fabrics, and plastics that it uses to manufacture chairs, desks, tables, and cabinets are all a.output management b.products. c.resources. d.outcomes. e.services.
Amesly is an office furniture company. the wood, metal, that it uses to manufacture chairs, desks, tables, and cabinets are all resources.
Option C is correct.
What is the company's most important resource?Needless to say, no monetary value is given for the effort an employee puts into making a company profitable. This leads to excellent customer reviews and creates brand loyalty from customers. Therefore, employees are an organization's most valuable asset.
What are his four resources companies need to succeed?Factors of production are the resources that make up the economy. They are what people use to produce goods and services. The economist classifies the factors of production into his four categories: Land, Labor, Capital, Entrepreneurship.
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huan zhang bought a 10-year bond that pays 8.25 percent semiannually for $911.10. what is the yield to maturity on this bond? (round your percentage answer to two d.p.)
Huan Zhang invested $911.10 on a 10-year bond with a semi-annual interest rate of 8.25 percent. This bond has a 9.66% yield until maturity.
What is annual interest rate?The percentage amount you typically see first when comparing financial products is the annual interest rate, also known as the standard annual interest rate or base rate. It's the base rate of interest you'll pay on a loan or earn on a savings account, excluding compounding and other costs. The annual interest generated by a payment due to investors or assessed to borrowers is referred to as the annual percentage rate (APR).The annual percentage rate, or APR, is a measure of the real cost of borrowing money over the course of a loan or the income generated by an investment.The amount charged over the principal amount by the lender is the rate of interest for business loans. These rates range from 11.25% to 33.75% annually.Therefore, the correct option is b) 9.66%
The complete question is:
Huan Zhang bought a 10-year bond that pays 8.25 percent semiannually for $911.10. What is the yield to maturity on this bond? ( Round your percentage answer to two decimal places.)
a. 8.68%
b. 9.66%
c. 10.67%
d. 7.60%
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automatic stabilizers lead to changes in taxation and government spending as economic output varies. how do automatic stabilizers impact tax revenue and government spending during a recession? tax revenue will decrease and government spending will go up. suppose that the government is required to balance the budget. which is an appropriate discretionary approach during a recession, and what effect would it have to the economy? cut taxes to encourage consumer spending, which would minimize the effects of the recession. invest in public infrastructure that promotes employment and stimulates the economy. cut government spending to equal tax revenue, possibly magnifying the effects of a recession. increase government spending to stimulate the economy, causing an increase in overall aggregate demand.
Automatic stabilizers are mechanisms in the economy that automatically adjust fiscal policy (taxation and government spending) in response to changes in economic output.
During a recession, when economic output decreases, automatic stabilizers lead to a decrease in tax revenue and an increase in government spending.
The first option you provided, "cut taxes to encourage consumer spending, which would minimize the effects of the recession," is an example of discretionary fiscal policy, which refers to conscious decisions made by the government to alter fiscal policy in order to influence economic activity.
The second option you provided, "invest in public infrastructure that promotes employment and stimulates the economy," is also an example of discretionary fiscal policy.
The third option you provided, "cut government spending to equal tax revenue, possibly magnifying the effects of a recession," is not an appropriate discretionary approach during a recession, as it could potentially magnify the negative effects of the recession by reducing overall aggregate demand.
The fourth option you provided, "increase government spending to stimulate the economy, causing an increase in overall aggregate demand," is an appropriate discretionary approach during a recession, as it can help to stimulate the economy by increasing overall aggregate demand and potentially offsetting the negative effects of the recession.
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a $50,000 face value strips matures in 12 years and has a yield to maturity of 6.50%. what is the current dollar price of this security?
The current dollar price of the given security is $23,206.44. Hence, option B is correct.
A security is essentially any financial asset or instrument with value that may be purchased, sold, or traded. Stocks, bonds, options, mutual funds, and ETFs are a few of the most typical types of securities.
Investment securities are a class of securities, or tradable financial assets like stocks or fixed income instruments, that are bought with the idea of holding them for future investment.
Contrary to investment securities, securities are typically bought by a broker-dealer or other middleman for immediate resale.
A $50,000 face value strip matures in 12 years and has a 6.50% yield to maturity. The supplied security currently has a value of $23,206.44 in US dollars.
Therefore, Option B is correct.
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The complete question has been attached in text form:
A $50,000 face value STRIPS matures in 12 years and has a yield to maturity of 6.50 percent. What is the current dollar price of this security?
A. $21,199.68
B. $23,206.44
C. $25,038.18
D. $26,141.41
E. $28,809.18
why did the unauthorized afl group called the committee of industrial organizations (cio) decide to organize?
Other members started to advocate for a group that was more diverse and would defend the interests of all workers, not just those with specialized skills.
What significance do workers have?This is so that employment, which generates valuable merchandise and services and pays workers a wage they can use to buy the products they produce, can help the economy flourish. A larger percentage of commodities can really be produced when there is a better employment rate.
What role does the worker and play?Worker functions are actions that people undertake in accordance with significant elements pertaining to a person specification title. They are part of a collection of typical duties, tasks, and tasks linked with a position.
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What revenue stream can run into the billions of dollars for some professional sports teams?
Due to the high demand for sponsorships, sports and entertainment companies have unlimited control and can maximize the value of a sponsor by making repeated offers to increase the price.
What is sport? What purpose does it serve?Sports teach people the following things: Working as a team to accomplish a common goal while putting aside personal interests is known as teamwork. Leadership potential Orient several people with diverse backgrounds toward a common goal or objective. A strong leader encourages others to assume leadership positions.Due to the high demand for sponsorships, businesses in the sports and entertainment sectors have complete control and can increase the value of a sponsor by making repeated offers to increase the price.To learn more about Sports refer,
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a company buys electronic components, assembles them into pcs, and then ships them to customers. in this case the electronic components are for the company. a.inputs b.processes c.products d.outputs e.services
A business purchases electronic parts put them together into computers, and then sends them to clients. In this instance, the company's inputs are the electronic components.
What is the name of the electronic component?Other names for the same item include an electronic device, a circuit element, or an electronic component. a fundamental component, often a single package with two or more leads or metal contacts, of an electronic circuit
what are the types of electronic components available?Diodes, resistors, transistors, capacitors, inductors, and resistors are some of the components that make it up. The components are linked together using conductive wires or traces. A circuit, however, can only be said to be finished if it forms a loop and begins and ends at the same location.
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you've been hired as a consultant to assist a global pharmaceutical company with their advertising medium choices. they have a new product targeting owners of dogs who are interested in preventing fleas and ticks. they want to target a very narrow audience of individuals who own a dog and also use high quality images to capture the emotional connection of the owners to their pets. they also want the advertising message to have a relatively long life. what would you recommend?
They also want the advertising message to have a relatively long life. I would recommend them Magazines.
What are Magazines?
Often illustrated and published in printed or digital form on a monthly basis, a magazine (also known as a periodical) is a compilation of texts (essays, articles, stories, and poems) (excluding newspapers).
The creation of inexpensive paper, the development of the rotary press and the halftone block, and, most importantly, the introduction of advertisements as a source of revenue all boosted magazine publication in the late 19th and early 20th centuries.
In the latter half of the 20th century, as the Internet expanded, an increasing number of publications began to post online copies of their content. Other kinds of magazines also grew in popularity at this time. E-zines, also referred to as zines, were among them.
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a person is using the normal distribution to determine the safety stock for a product. what z value would be associated with a 90 percent service level?
If a person is using the normal distribution to determine the safety stock for a product, 1.28 is the z value that would be associated with a 90 percent service level
How to solve for the z valueA 90 percent service level would tell us that the order probability with this lead time is 90%
The give z value can be gotten from the probability normal distribution table
The value to the right of 90 percent is given as 1.2, while the value to the left of 8 percent is given as 0.08
1.20 + 0.08 = 1.28
= 1.28
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Which of the following is not a non-tariff barrier?
a. voluntary export restraint
b. health and product standards
c. enviromental protection law
d. ad-valorem duties
The one that is not a non-tariff barrier is option D. ad-valorem duties
What is a tariff barriers?Tariff barriers refers to a barrier to trade between particular countries or specific areas involving nations which occurs in the form of abnormally excessive taxes levied by a government on imports or occasionally exports for purposes of protection, support of the balance of payments, or the raising of revenue.
Tariff barriers is also considered to be several tariffs or duties imposed on foreign trade transactions to impose trade restrictions. From the available options, ad-valorem duty is tariff barrier, while the others are non-tariff barriers to trade.
Ad-valorem duty is imposed on import goods as percentage of the total value of goods imported.
Therefore, the correct answer is as given above
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for years, some foreign firms hesitated to send women managers on foreign assignments to countries, such as , because the firms assumed the women would not be accepted in the culture that frowned on women working outside the home. a. canada b. england c. australia d. japan
The correct answer is option D that is for years, some foreign firms hesitated to send women managers on foreign assignments to countries, such as, Japan.
This was because the firms assumed the women would not be accepted in the culture that frowned on women working outside the home.
A deeper failure to eradicate or even fight a discriminatory culture that makes it practically impossible for women to progress a profession while raising a family is concealed by Japan's narrowly construed success in integrating women into the workforce.
With a bipolarization of working hours among female employees, the gender difference in Japan's workplace is still clearly visible, casting a fresh shadow over the country's economy's faltering expansion. Women are increasingly making up the workforce in Japan as a whole.
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when a transaction functions in such a way that either all of the transaction actions are completed or none of them will be, the transaction is said t
When a transaction functions in such a way that either all of the transaction actions are completed or none of them will be, the transaction is said to be C) atomic.
An atom is a particle of be counted that uniquely defines a chemical detail. An atom includes a imperative nucleus this is surrounded with the aid of one or extra negatively charged electrons. The nucleus is undoubtedly charged and consists of one or more especially heavy particles referred to as protons and neutrons.
Atoms continually have an equal variety of protons and electrons, and the wide variety of protons and neutrons is generally similar to nicely. including a proton to an atom makes a new element, even as adding a neutron makes an isotope, or heavier model, of that atom. it is tough to grasp simply how small the atoms that make up your frame are until you check the sheer number of them.
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Disclaimer: The question is incomplete. Please read below to find the missing content.
When a transaction functions in such a way that either all of the transaction actions are completed or none of them will be, the transaction is said to be:
A) consistent.
B) isolated.
C) atomic.
D) locked.
E) logical.
A new business owner is concerned about the risk to their personal assets. which organizational structure should they consider for the business? corporation or limited liability corporation limited liability corporation or partnership partnership or corporation sole proprietorship or partnership
The best organizational structure for a new business owner who is concerned about the personal risk to their assets is a Limited Liability Corporation (LLC).
An LLC provides personal liability protection, meaning that if the business fails, the owner's personal assets are protected from creditors. An LLC also allows for pass-through taxation, meaning that the business's profits and losses are "passed-through" to the owners and taxed on the owners' personal income tax returns. This eliminates the need for double taxation, which is common for corporations.
An LLC provides business owners with more flexibility than a corporation. Business owners can determine their own rules for the LLC and are not required to comply with the same corporate formalities as corporations.
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Answer:
(A) Corporation or limited liability corporation
(I also took the test and got it right.)
Explanation:
A limited liability corporation helps to protect your personal assets because it prevents creditors from going after your personally owned assets protected by LLC executives. However, there is an exception for the general business assets.
In regards to corporations, the owner of the said corporation has protection for personal assets as well.
Max pays a quarterly fee for a cloud storage account. which describes this type of software?
Answer:proprietary subscription
Explanation:
strategy is an integrated and coordinated set of commitments and actions to develop core competencies and gain a competitive advantage. b. core competencies are resources and capabilities that can be developed through r
The goal of company strategy is to create core skills and acquire a competitive advantage. A coordinated and integrated set of promises and actions is a strategy. If a resource or skill is precious, uncommon, expensive to duplicate, and non-replaceable, it qualifies as a core competency.
What is strategy and example?A company's strategy refers to its long-term goals as well as the strategy it has in place to reach those goals. In other terms, it serves as an example of the plan used to accomplish the stated objective. A tactic is a specific action that is carried out in order to achieve the goals set forth in the strategy. All common elements of strategy include establishing objectives and goals, selecting actions to achieve the goals, then allocating to carry out the tasks.
Why is strategy very important?Our business's purpose is defined and given a set of values by our strategy. It facilitates our comprehension of what true success implies. It offers a route for our company, outlines our destination, and recommends helpful rest stops along the way. The secret to determining the most crucial components of a strategic plan is to select goals and objectives that maximize your potential while minimizing resource usage and risk.
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for both the current year and one year ago, compute the following ratios: 1. return on equity. 2. dividend yield. 3a. price-earnings ratio on december 31. 3b. assuming simon's competitor has a price-earnings ratio of 10, which company has higher market expectations for future growth?
1. Return on Equity (ROE): Current Year: Net Income / Shareholder's Equity
One Year Ago: Net Income from One Year Ago / Shareholder's Equity from One Year Ago
2. Dividend Yield:
Current Year: Dividend per Share / Price per Share
One Year Ago: Dividend per Share from One Year Ago / Price per Share from One Year Ago
3a. Price-Earnings Ratio on December 31:
Price per Share / Earnings per Share
3b. Assuming Simon's competitor has a price-earnings ratio of 10, which company has higher market expectations for future growth?
Simon's company has higher market expectations for future growth, since its price-earnings ratio is higher than the competitor's.
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there is generally more profit in the sale of banquet meals served during a social function than in the sale of a la carte items sold to members in the dining room, off the menu. group of answer choices true false
There is generally more profit in the sale of banquet meals served during a social function than in the sale of a la carte items sold to members in the dining room, off the menu.
The given statement is true.
What do you mean by profit?
The cost of products sold is subtracted from revenue to calculate gross profit, also known as gross income. In general, fixed costs are not taken into account when calculating gross profit; only variable costs are. Gross profit measures how well a business uses its work force and resources to produce goods and services.Profit is the amount of money that is left over after all expenses, debts, and other costs have been taken into consideration. The amount of money a product makes less what it costs to create, market, and support it is what is referred to as product profitability. Profit is sometimes referred to in business as the bottom line.To know more about Profit here
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which training is an effective method of training that can help employees learn by doing without the consequences of harming the relationships with real guest in real time?
Simulation is an effective training method that allows employees to earn money without jeopardizing their relationships with real guests in real time.
Is simulation a training method?Simulation training is used as a tool to teach trainees the skills they need in the real world. It provides a realistic point-of-care learning experience and is widely used in aviation, military, medical and other fields.
Which training method is best?Best Employee Training Methods and Techniques include: e-learning. hands-on training. Teacher-led learning. Role-playing game. coaching. mock training. cooperative training. video training.
Why is Simulation-based training important?Simulation-based training is a highly effective way of teaching key skills to trainees in a cost-effective manner. Employers provide the best opportunity to assess how well trainees are practicing their skills and the decisions they are making in the face of simulated real-world situations.
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when analysts develop feasible projections of future events and how quickly they will occur based on observed changes and trends, they are engaged in:
When analysts develop feasible projections of future events and how quickly they will occur based on observed changes and trends, they are engaged in forecasting.
Which section of an external study addresses population age and income issues?The study of a population based on characteristics like age, race, and sex is known as demographic analysis. Socioeconomic information expressed statistically, such as employment, education, income, marriage rates, birth and death rates, and more, is referred to as demographic data.
What does management environmental analysis entail?A strategic technique for identifying and evaluating the internal and external components of a corporate environment is an environmental analysis, often known as an environmental scan. It looks at organizational and sectoral elements that could either help or hurt the company.
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which of the following factors is not expected to generally have a favorable impact on the firm's cost of capital according to the text? a. easy access to international capital markets. b. high degree of international diversification. c. high exposure to exchange rate fluctuations. d. all of the above
According to the text, part of image to exchange rate swings is not anticipated to typically have a positive effect on the firm's capital cost.
What exactly is a market, then?The entire number of buyers and sellers there in area or region under consideration is referred to as the market. The region might be the whole world, a nation, a state, or a city. The value, cost, and charge of traded goods depend on the market's supply and demand dynamics.
So what were the 4 different market types?The four types of economic market structures are oligopoly, monopoly, perfect competition, and antitrust law. The followings explain why the categories are distinctive: In a situation of perfect and monopolistic competition, there are several producers.
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which type(s) of 401(k) will incur a 10% penalty on the entire distribution if the money is withdrawn early?
No, it is not a good idea to use your 401(k) funds in an emergency because you risk losing everything you have worked for.
Why was the emergency called off?Despite receiving high ratings, the show was suspended in 1977 after the sixth season due to concerns about the actor Robert Fuller's health due to him wanting to do other projects. The series returned in 1977 and 1978 as six film specials, which are referred to as "Season Seven."
Is the plot of Emergency 2027 based on a real-life event?The hostage thriller by writer/director Han Jae-Rim isn't based on actual events, yet it still has an unsettling authenticity that reminds one of Paul Greengrass' "United 93": Lots of shaky photography, a color scheme that is half-dark and half-hazy, and way far to much.
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a car is purchased for . after each year, the resale value decreases by . what will the resale value be after years? use the calculator provided and round your answer to the nearest dollar.
A car is purchased for . after each year, the resale value decreases by, 24,000 in lost value making the car's value zero .
If it lost 20% of its value in the first year, it would have lost 100% of its value by the fifth year, making it worthless.
In the first year, 20/100*24000 equals $4,800.
The value will be after the first year.
Consequently, the value will be in five years.
4800*5= $24,000 in lost value making the car's value zero .
In an effort to shop more responsibly and find a new home for the things in their closet that they no longer want, consumers are turning more and more to secondhand and antique clothing, which has led to a huge rise in the demand of resale in recent years.
Your minor purchases from resale shops, such as a pair of jeans or a formal dress, have a significant influence on the environment. Buying used clothing enables you to carry on the memories of the deceased through your choices.
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The correct question is :
A car is purchased for $24,000 . After each year, the resale value decreases by 20% . What will the resale value be after 5 years? Use the calculator provided and round your answer to the nearest dollar.
Don's Landscaping Service purchased a backhoe for $12,000. It has a useful life of five years and a residual value of $1750. Based on this information, what is the straight-line depreciation for one year for this asset? O $10,250O $1,025 O $2,050 O $2,400
$2050 is the straight-line depreciation for one year for this asset.
What is depreciation?Depreciation is the systematic reduction of a fixed asset's recorded cost over a period of time, until the asset's value is zero or insignificant.
For instance, fixed assets include things like offices, furniture, machinery, and other items. In light of the fact that land's value increases over time, it is the only exception that cannot be depreciated.
The cost of a fixed asset can be partially offset by the income the asset produces thanks to depreciation. According to the matching principle, this is necessary because revenues and the expenses that go along with them are recorded in the accounting period during which the asset is in use. Gaining a complete understanding of the revenue generation transaction is made easier by doing this.
We know that
Depreciation = (cost - salvage value ) / life
=(12000-1750)/5
= 10250/5
= $2050
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in her job interview, xiu asks about the company policy regarding smartphones. she is told that employees may choose from a limited list of approved devices but that she must pay for the device herself; however, the company will provide her with a monthly stipend. which type of enterprise deployment model does this company support?
Xiu inquires about the company's smartphone policy during her employment interview. She is informed that although there is a small list of authorized devices, employees are required to purchase their own devices and will get a monthly stipend from the employer. The business provides the enterprise deployment model known as CYOD.
Employees who choose the CYOD model can select from a small number of authorized, corporate-liable devices that have the pre-configured protection and management that IT requires to safeguard company data. As part of a CYOD policy, a firm will provide a variety of pre-approved mobile devices, and workers can choose one of them.
Before the worker chooses one of these devices, they are normally set up with security procedures and business apps. Depending on the CYOD policy, the user may purchase the gadget and own it immediately, or the business may provide employees with a stipend to help with expenses while preserving ownership.
Since it still gives employees some latitude in choosing their devices, CYOD is sometimes viewed as a compromise between BYOD and other restrictions.
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#SPJ4
