The choice D is incorrect because net assets are dropping; and expenses rarely fall at the same rate, it can be expected that the fund's expense ratio (ratio of expenses to total net assets) is likely to increase over the coming months; not decrease.
The expense ratio refers to how much of a fund's assets are used towards administrative and different operating prices. because an price ratio reduces a fund's property it reduces the returns investors obtain.
The asset-weighted common cost ratio is 0.41%, in keeping with 2020 records from Morningstar, down from zero.44% the previous year. a good rule of thumb is anything under . 2% is considered a low fee and anything over 1% is high, in step with many experts.
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In most cases customers place more trust in information about a restaurant operation acquired from social media sites than they do information about the operation obtained from
In most cases, customers place more trust in information about a restaurant operation acquired from social media sites than they do in information about the operation obtained from Advertising
What is information?Information is a general term for everything with the capacity to inform. Information is most fundamentally concerned with the interpretation of what may be sensed. Any naturally occurring process that is not entirely random, as well as any discernible pattern in any medium, can be said to convey some level of information.
Advertising information sometimes referred to as an advert or ad, is typically seen as a form of public discourse that supports a good, service, organization, or event. Some others consider the concept to be far broader than that, including any sort of sponsored advertisement intended to inform or influence
Therefore, Thus option (D) is correct.
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The complete options are:
customers
information
media
Advertising
according to ellis' abc's to rebt, people have the most control over changing their . group of answer choices beliefs activating events
according to Ellis' ABC's to REBT, people have the most control over changing their thoughts, feelings and their actions.
Ellis's ABC model is a cognitive-behavioral model that propose that it is our thoughts about situations that result in our emotional and behavioral responses. REBT is a form of cognitive-behavioral therapy that is based on the ABC model.
The therapist helps the client to identify their irrational thoughts and beliefs and to challenge and change them. The goal is to help the client to learn to respond to situations in a more rational and effective way. Ellis held the view that every person has the capacity to exert control over their thoughts, feelings, and behavior.
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when a check is written on an account at bank a and deposited in bank b, the reserve account of will rise and reserves of the entire banking system will
When a check is written on an account at bank A and deposited in bank B, the reserve account of Bank B will rise and reserves of the entire banking system will remain constant.
What is reserve account?
Similar to savings accounts, reserves are an accumulation of money for a future use. Surpluses from operations or scheduled transfers that have been planned and budgeted might be used to fund a reserve. Similar to savings accounts, reserve accounts should only be used for transfers into or out of the account; no direct spending should be made.
A reserve fund is a sum of money or a liquid asset held aside to pay for unforeseen expenses or upcoming debts. Numerous governments, financial institutions, and private individuals routinely deposit money into interest-bearing accounts.
As money is invested on behalf of members and reimbursed in the future, pensions are a type of reserve fund. Reserve funds are used by condos and homeowner associations (HOAs) to pay for major projects and maintenance problems.
Hence, When a check is written on an account at bank A and deposited in bank B, the reserve account of Bank B will rise and reserves of the entire banking system will remain constant.
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The Payment for Environmental Services Act (PSA) was designed to protect forests and their services. How did Costa Rica fund the PSA?
Taxes on the industries that profited the most from the PSA were the main source of funding.
What is the concept of payment of environmental services?Payments for environmental services, or PES, are payments made to farmers or landowners who have committed to adopt specific measures to manage their properties or watersheds in order to offer an ecological service.Policies known as payments for ecosystem services (PES) reward people or communities for implementing initiatives that improve the delivery of ecosystem services like carbon sequestration, flood mitigation, or water filtration.The recipient pays: Beneficiaries of ecosystem services are responsible for making payments (individuals, communities and businesses or governments acting on behalf of various parties).Payments for environmental services promote the preservation of natural ecosystems by encouraging environmentally responsible behaviour that protects the interests of other users of the environment.Learn more about Payments for environmental services refer to :
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John has been working for a law firm and earning an annual salary of $80,000. He decides to open his own practice. His annual expenses will include $15,000 for office rent, $3,000 for equipment rental, $1,000 for supplies, $1,200 for utilities, and a $35,000 salary for a secretary/bookkeeper. John will cover his start-up expenses by cashing in a $20,000 certificate of deposit on which he was earning an annual interest of $500. (Use the information provided above to answers this and the following 2 questions) John's annual economic costs will be O $55,200 O $135,700 O $75,200 O $80,500
John will cover his start-up expenses by cashing in a $20,000 certificate of deposit on which he was earning an annual interest of $500 then John's annual economic costs will be 135,700$.
What's the best way to define interest?Interest is the cost of borrowing money and is typically stated as a percentage, such an annual percentage rate (APR). Lenders may charge interest for the use of their money, or borrowers may charge interest for the use of those funds.
What does commercial interest entail?When a company borrows money from a lender (creditor), it must pay interest. Though there are many more options, interest payments are typically based on the remaining balance of a loan and made monthly. Typically, interest is calculated as a portion of the loan balance at an established interest rate.
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T/F Consumer vulnerability occurs when a person has an impaired ability to make an informed consent to the market exchange.
Consumer vulnerability occurs when person has impaired ability to make an informed consent to market exchange : True.
What is meant by consumer vulnerability?The Financial Conduct Authority defines a vulnerable consumer as someone who, due to their personal circumstances, is susceptible to detriment, particularly when firm is not acting with appropriate levels of care.
Vulnerable customers may include individuals with loss of income due to unemployment, those experiencing health issues or bereavement, family member serving as caregivers and people with limited by digital literacy, etc.
A condition for respect requires that consent must be voluntary and informed. Consumer vulnerability occurs when a person has an impaired ability to make informed consent to market exchange.
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he following partial balance sheet is provided for groom company: liabilities and stockholders' equity accounts payable
The debts-to-assets ratio for Groom Company is 37%.
What is the debts-to-assets ratio?The debts-to-asset ratio is one of the financial leverage ratios that demonstrates the proportion of the company's assets contributed by creditors as opposed to the ratio contributed by the stockholders.
Creditors (outside owners of capital) and stockholders are the two financiers of the assets of an entity.
Liabilities and Stockholders' Equity:
Accounts payable $7,900
Salaries payable 13,000
Bonds payable (Due in ten years) 23,000
Total liabilities = $43,900
Common stock, no par 27,700
Retained earnings 46,900
Total liabilities and stockholders' equity $118,500
Total assets = total liabilities and stockholders' equity = $118,500
Debt-to-assets ratio = total liabilities/total assets x 100
= 37.05% ($43,900/$118,500 x 100)
Thus, Groom Company's debt-to-assets ratio is 37%, showing that stockholders contribute 63% while creditors contribute 37% of the assets.
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Complete Question:Liabilities and Stockholders' Equity
Accounts payable $7,900
Salaries payable 13,000
Bonds payable (Due in ten years) 23,000
Common stock, no par 27,700
Retained earnings 46,900
Total liabilities and stockholders' equity $118,500
What is the company's debt-to-assets ratio?
In order to recover research and development costs rapidly and earn high initial profits, SenseTV is setting a high price for its plasma TVs. The pricing strategy SenseTV is using is called _____ pricing strategy.
A) market-minus
B) skimming
C) penetration
D) competitive
The pricing strategy that SenseTV is using is called skimming.
What is skimming?
Skimming is a pricing strategy in which a company initially sets a high price for a new product in order to recover research and development costs quickly and earn high initial profits. This strategy is often used for products that are innovative or have a unique value proposition, as consumers may be willing to pay a premium for these types of products. Skimming is typically used in the early stages of a product's life cycle, before competition enters the market or prices begin to decline. After a period of time, the company may lower the price of the product in order to increase market share and compete with other products in the market.
According to the problem:
Skimming involves setting a high price for a new product in order to recover research and development costs quickly and earn high initial profits. This strategy is often used for products that are innovative or have a unique value proposition, as consumers may be willing to pay a premium for these types of products. Skimming is typically used in the early stages of a product's life cycle, before competition enters the market or prices begin to decline. It is often followed by a strategy called penetration pricing, in which the price is gradually lowered in order to increase market share and compete with other products in the market.
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qs 12-16 (algo) computing cash flows from financing lo p3 cash received from long-term notes payable $ 76,000 purchase of investments 19,300 cash dividends paid 62,000 interest paid 31,000 compute cash flows from financing activities using the above company information. (amounts to be deducted should be indicated by a minus sign.)
cash flows from financing activities are computed to be $157,300
The net amount of cash and cash equivalents coming into and going out of a business is referred to as cash flow. Money spent and money received reflect inflows and outflows, respectively.
Fundamentally, a company's capacity to produce positive cash flows—more particularly, to optimize long-term free cash flow—determines its ability to provide value for shareholders. FCF is the amount of cash that a business generates from its regular business activities after deducting any money used for capital expenditures. Not all of the company's expenses are necessarily represented in the cash flow. That's because not all of the costs the business incurs are immediately covered. Although the business may have obligations, no payments made to cover such liabilities are counted as cash outflows until the actual transaction takes place.
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a(n) takes advantage of file transport methods, such as e-mail, to spread on its own. group of answer choices encryption virus macro virus script virus worm
In order to spread on its own, a worm uses file transit techniques like email.
Can email be used to spread worms?A worm is a type of malware that can replicate itself and spread quickly within a network by exploiting security holes. It can spread by flash drives, email attachments, texts, file-sharing applications, social media platforms, network shares, and software bugs.
What method does a worm employ in order to spread?A worm makes several copies of itself that it then spreads over a network or internet connection. Any servers and computers that connect to the infected device via a network or the internet will catch the infection from these copies if they are not safeguarded.
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outline the capital structure choices open to international firms. in your own words, give an example using xyz company.
Capital is the most important component in starting a business. The two primary sources of money for a firm are debt and equity.
What do businesses do?A firm is a form of trade company that promises to turn a profit by selling products and services. The words "firm" and "business" are interchangeable. Businesses can be organized in a variety of areas, such as sole proprietorships or corporations.
Briefing :Capital is the most important component in starting a business. It functions as the organization's foundation. The two primary sources of money for a firm are debt and equity. The combination of credit and equity that is used by a corporation to finance both its daily operations and future opportunities is known as capital design.
Types of capital structures available to big firms
The relevance of capital design may be expressed as the strategy for raising the money using different long-term financing sources, which include the two significant types of equity and debt. A company may raise several types of assets, such as preference shares, equity shares, retained income, long-term debts, and so on. These resources are bought for business preservation.
Equity Investment
Ownership capital is the money that investors or business owners claim. It consists of two distinct types.
a) Retained revenue: Retained income is crucial for the advantage that the association has autonomously retained and that will support the company.
b) Contributed Material: Supplied capital is the amount of money that the business owners gave when they first started the company or that they received from investors to cover the cost of their herewith.
debt financing
The purchased cash utilized in company is referred to as debt capital. Debt capital comes in many forms.
1. Long-Term Bonds: These bonds the most secure of said Debt because only the interest must be repaid; the principal must be paid at construction. There have an all-inclusive repayment horizon.
2. Short-term commercial paper is a type of transitory debt instrument that businesses use to raise money for a short period of time.
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Which of the following is a component of operating budgets? budgeted balance sheet capital expenditures budget sales budget budgeted statement of cash flows
The component of operating budgets is budget sales. The Option C is correct.
What is an operating budget?An operating budget refers to detailed projection of what a firm expects its revenue and expenses will be over a period of time. Firm formulates operating budget near the end of the year to show expected activity during the following year. Its helps to set and achieve business goal
The operating budgets will include budgets for sales, manufacturing costs (materials, labor, overhead), merchandise purchases, selling expenses, and general and administrative expenses.
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sffac no. 5 provides definition of the basic elements of accrual-based financial statements including which of the following?
The five basic elements of accrual-based financial statements as outlined in SFAC No. 5 include assets, liabilities, equity, revenue and expenses.
Assets are resources that are owned or controlled by an entity that are expected to produce economic benefits in the future. Assets can include things like cash, accounts receivable, inventory, and property, plant, and equipment.
Liabilities are obligations of an entity arising from past transactions or events that are expected to be paid in the future. Liabilities can include things like accounts payable, long-term debt, and accrued expenses.
Equity is the residual interest in the assets of an entity after the liabilities have been deducted. Equity can include things like common stock, retained earnings, and other comprehensive income.
Revenue is an increase in equity resulting from the sale of goods or services, the rendering of services, or the use of assets.
Expenses are decreases in equity resulting from the sale of goods or services, the rendering of services, or the use of assets. Expenses can include things like cost of goods sold, salaries and wages, depreciation, and interest expense.
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According to the Keown book, ________ are by far the most popular funds, accounting for more than half of all mutual funds.
A) equity funds
B) bond funds
C) hybrid funds
D) money market funds
equity funds
equity funds are by far the most popular funds, accounting for more than half of all mutual funds.
What are mutual funds?
A mutual fund is a collection of funds under the expert management of a Fund Manager. It is a trust that takes money from several participants with similar investment goals and invests it in stocks, bonds, money market instruments, and/or other securities. A mutual fund consists of a variety of investments, including cash, bonds, and stocks. Equity funds, fixed-income funds, and money market funds are the three primary categories of mutual funds. There are various levels of risk attached to each of these kinds.Mutual funds that have a strong potential for big returns are referred to as high-risk funds. The substantial risks associated with these funds, however, make them exceedingly volatile.To learn more about mutual funds refer to:
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Jeff and Claire's total qualified education expenses used to calculate the American Opportunity Credit is $16. Jeff and Claire Pickens can claim the Credit for Other Dependents. a. True b. False
to calculate the American Opportunity Credit is $16. Jeff and Claire Pickens can claim the Credit for Other Dependents. True
What is the formula for self-employment tax?Generally, the amount subject to self-employment tax is 92.35% of your net earnings from self-employment. You calculate net earnings by subtracting ordinary and necessary trade or business expenses from the gross income you derived from your trade or business
What are the two components of the self-employment tax?The self-employment tax rate is 15.3%. The rate consists of two parts: 12.4% for social security (old-age, survivors, and disability insurance) and 2.9% for Medicare (hospital insurance).
What is the formula for tax base?Understanding the Tax Base
A tax base is defined as the total value of assets, properties, or income in a certain area or jurisdiction. To calculate the total tax liability, you must multiply the tax base by the tax rate: Tax Liability = Tax Base x Tax Rate.
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Which of the following is usually included as an inventory holding cost?A. Order placingB. BreakageC. Typing up an orderD. Quantity discountsE. Annualized cost of materials
Breakage is usually included as an inventory holding cost. Hence, option B is appropriate.
What is the meaning of Breakage?Revenue from services that are paid but not used is referred to as "breakage" in accounting. The most well-known instance of breakage involves gift cards. Because a certain proportion of the gift certificates they sell won't ever be used, many companies sell gift cards.
An agreement or other arrangement between both parties that establishes responsibility or the settlement of damages between both parties to the Cleared Contract in the case that the Cleared Contract was rejected from clearing is referred to as a Breakage Agreement.
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members decide on their regular meeting days/times, rules about tardiness or non-attendance, and set expectations regarding how they will interact with one another.
The stages of group development are Forming , storming, adjourning, performing and norming.
What is stages of group development?The stages of group development were first described by psychologist Bruce Tuckman in his 1965 essay titled, "Developmental sequence in small groups." The paper discusses how team members start as strangers and flow through five different stages before they become a high-functioning team.This paper became the groundwork for the stages of group development. Tuckman’s foundation helps team leaders understand how team dynamics change as a project progresses. By understanding the five stages of group development, you can support your team as they’re getting to know one another to quickly enable collaboration and effective teamwork.Research has shown that teams go through definitive stages during development. Bruce Tuckman, an educational psychologist, identified a five-stage development .To learn more about teamwork refer to:
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Assuming no beginning work-in-process inventory, and that the ending work-in-process inventory is 100% complete as to materials costs, the number of equivalent units as to materials costs is
A. The same as the units completed.
B. The same as the units placed in process.
C. Less than the units completed.
D. Less than the units placed in process.
The number of equivalent units as far as materials costs is the same as the number of units put into production, assuming there is no beginning work-in-process inventory and that the ending work-in-process inventory is 100% complete.
How many production equivalent units were produced?Given the amount of direct materials, direct labor, and manufacturing overhead costs incurred during that time for the products that weren't yet completed, it is the number of finished units of a product that a corporation could have hypothetically produced.
What kind of production units are equivalent?The equivalent units are, for instance, 500 units for materials and 200 units (40% of 500) for direct labor and manufacturing overhead if 500 units are completed in terms of materials but only 60% completed in terms of direct labor and manufacturing overhead.
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if the economy has a structural deficit of $25 billion and a cyclical deficit of $75, we can conclude that the current budget deficit is ____ billion.
If the economy has a structural deficit of $25 billion and a cyclical deficit of $75, we can conclude that the current budget deficit is 100 billion.
What is a cyclical deficit?
Periodic Overage/Deficit (Economics Term) the portion of the federal budget surplus or deficit brought on by cyclical variables as opposed to underlying fiscal policy. This cyclical component depicts how the surplus or deficit always grows or shrinks throughout periods of economic expansion or contraction. In contrast, when the economy is struggling, tax revenues fall, spending rises, and the cyclical deficit widens. The term "full employment deficit" refers to a deficit that still exists while the economy is operating at full capacity. The structural deficit is another name for this full employment shortfall.
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Cake mix is in the maturity stage of its product life cycle. A manufacturer selling cake mixes would most likely use advertising to
A) create product category awareness.
B) differentiate one type of dessert from another.
C) create selective distribution channels.
D) reposition cake mixes.
E) remind buyers of the marketer's and its brand's existence.
A manufacturer selling cake mixes would most likely use advertising to create product category awareness. Advertising would most likely be used by a company that makes cake mixes to remind customers that the product is available.
A manufacturer employs a push strategy when it sends the promotional mix to channel participants in an effort to get their support for ordering and stocking the product. The cost-effective mixture of public relations, sales promotion, direct marketing, advertising, and personal selling tactics is known as the promotional mix. advertising. Credibility is a benefit of publicity. There is a tendency to believe a tale that is positive about a company's goods from an unpaid source.
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A group of university students buy coconuts from a farmers' market. The students consume the meat of the coconuts for food and use the shells to make sculptures. These sculptures are placed in a public park that any student can visit. The park sustains itself through students' donations.Some individuals have no incentive to donate to the park and will, instead depend on those who donate. this is an example of which of the following?
This is an example of a free rider problem.
The free rider problem is when people utilize or exploit a shared resource without contributing their fair part of the cost or without contributing anything at all. No matter how big or tiny a society is, the free rider issue might arise.
There are numerous instances of free rider issues. One typical instance is when someone continues to utilize public transportation despite not having paid for it. As a result, the service's quality may suffer, making it challenging for the supplier to continue offering it.
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While mail surveys are a common data collection method in developed countries, they are an unreliable means of gathering primary data in many foreign countries because of the:
Low literacy rates
They are an unreliable means of gathering the primary data in many foreign countries because of low literacy rates.
What is literacy?Literacy is defined in its broadest sense as "certain ways of thinking about and performing reading and writing" with the aim of comprehending or communicating ideas in writing in a given context. In other words, individuals in literate societies have a set of habits for creating and reading written material, as well as attitudes toward these habits. According to this perspective, writing is always done for a specific audience, while reading is always done for a certain purpose. Over the course of a person's lifetime, literacy instruction, learning, and practice are always influenced by one's beliefs about reading, writing, and their importance to both society and the individual. According to some researchers, there have been two distinct periods of interest in the concept of "literacy" throughout history.
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The Equal Employment Opportunity Act of 1972 authorized the ______ to issue guidelines for acceptable employer conduct in administering equal opportunity employment.
The Equal Employment Opportunity Act of 1972 authorized the EEOC to issue guidelines for acceptable employer conduct in administering equal opportunity employment.
In order to administer and enforce civil rights legislation against employment discrimination, the Civil Rights Act of 1964 created the U.S. Equal Employment Opportunity Commission (EEOC), a federal organization.
The EEOC looks into complaints of discrimination based on a person's race, color, national origin, religion, sex (including sexual orientation, pregnancy, and gender identity), age, disability, genetic information, and retaliation for taking part in a complaint investigation or objecting to a discriminatory practice.
Prior to conducting an inquiry, the commission also mediates and resolves tens of thousands of discrimination claims each year.
Additionally, the EEOC has the authority to decide on discrimination complaints made against federal agencies and to bring civil discrimination lawsuits against employers on behalf of claimed victims. Charlotte Burrows has served as the EEOC's chair since 2021.
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on april 1 cyclone company purchases a trencher for $310,000. the machine is expected to last five years and have a salvagevalue of $55,000
At the end of the first and second years, the depreciation expense is:
2016 - $38,250
2017 - $51,000
What would be implied by "straight line depreciation"?Using the straight line depreciation approach, an asset's value is proportionately reduced over each time period, and this process continues until the asset reaches its salvage value. Straight line depreciation is the most widely used and straightforward depreciation method for breaking up the cost of a capital item. It can be calculated by dividing the asset's cost by its useful life after subtracting any salvage value.
The formula for calculating annual depreciation expense using the straight-line method is:
Annual depreciation expense= (cost – salvage value) / useful life
Where:
The asset's purchasing price serves as its cost= $310,000
The asset's value at the end of its useful life is its salvage value= $55,000
The amount of time/years that the asset is projected to be employed by the business is known as its useful life= 5 years
Therefore, the machine's straight-line depreciation would be calculated as follows:
Expenditure for straight-line depreciation = (Asset's cost - Salvage value) / useful life
= ($310,000 - $55,000) / 5 = $51,000
With the exception of 2016, when the machine was only operated for nine months, the depreciation expense per year would be $51,000.
Depreciation expense in 2016 = (9 / 12) x $51,000 = $38,250
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The complete question is:
On April 1, Cyclone Company purchases a trencher for $310,000. The machine is expected to last five years and have a salvage value of $55,000. Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the straight-line method.
A provision in the California state constitution conflicts with a provision in the U.S. Constitution. If challenged.. no one. The Pennsylvania legislature enacts a state law that violates the U.S. Constitution.
A provision in the California state constitution conflicts with a provision in the U.S. Constitution. If challenged the U.S. Constitution, not the state provision, will be enforced.
What is constitution?
A state's constitution serves as its rulebook. It lays out the guiding ideals that the state is governed by. It provides an overview of the state's primary institutions and outlines their interrelationships
The Constitution outlines the three main federal government branches and their respective responsibilities. It also defines the fundamental law of the United States federal government. It is the oldest written national constitution still in use and has come to represent Western legal precedent.
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afb, inc. purchases a new delivery van which is expected to increase cash flows for the next 10 years. afb can finance the purchase with a standard 48-month vehicle loan, or by getting a 10-year loan from the bank. according to the hedging principle, afb should group of answer choices use the 10-year financing in order to match the cash flow stream from the asset with the financing repayments. use the 48-month loan since it matches the type of asset with the type of loan. use either type of financing, but hedge the risk in the options market. avoid using either loan and finance the truck with current cash reserves to avoid interest expense.
Match the asset's cash flow stream with the loan repayments by using the 10-year financing.
What is meant by financing repayments?The act of repayment is the process of returning money borrowed from a lender. The loan agreement sets forth in full the terms and conditions of repayment of the loan, including the applicable interest rate.Loans are often paid back in equal monthly installments (EMIs). The amount paid to the lender each month is represented by these payments. The principal amount and the interest on the principal amount are the two components, and both must be paid to the bank or lender on a specific date each month until the total amount owing has been paid back throughout the period of the loan term. Repayment of the loan in equal payments over a predetermined period of time, including any accumulated interest on the outstanding balance.Match the asset's cash flow stream with the loan repayments by using the 10-year financing.The complete question is:
The purchase of a new delivery van by JoLi Corp. is anticipated to boost cash flows over the following ten years. JoLi offers two options for financing the purchase: a normal 48-month auto loan or a 10-year bank loan. The hedging principle states that JoLi should
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Marketing researchers can conduct their own searches of secondary data sources by using commercial online databases. However, primary data can usually be obtained more quickly and at a lower cost than secondary data. Exploratory research would be used to gather data about the market potential for a new product. True or False
This claim is untrue. By sending out surveys and doing in-person interviews, marketing researchers are unable to independently search secondary data sources.
What sort of secondary data does marketing research use?Secondary data is information obtained from publicly available sources such as websites, newspapers, or other publications. Prior to using secondary data from a source, it is essential to verify the source's reliability. A frequent example of a secondary data source is internal business data from a company, such as sales and marketing records, customer account information, and statistics on product consumption and purchase.
According to what ways do secondary and primary research differ?The researcher summarizes or synthesizes information and literature that has already been gathered, edited, and published by others when undertaking secondary research as opposed to original research. Researchers use and analyze data from primary research sources when performing secondary research.
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A business owner is thinking about how many workers she should hire. She also thinks about whether she should purchase a larger building for these workers. This refers to the essence of the _____ principle.
A business owner is thinking about how many workers she should hire. She also thinks about whether she should purchase a larger building for these workers. This refers to interdependence principle.
what is meant by purchase?
A buy is when something is obtained in exchange for some type of payment, such as products or services.The usual forms of payment are cash or credit.A purchase could also be made in exchange for taking on an obligation or as part of a barter exchange where various non-cash assets are traded.Purchasing is often in charge of making supplier selections, contract negotiations and administration, performance monitoring, ordering from suppliers, building a responsive supplier base, and upholding excellent supplier relations.Standard Purchase Orders are among the four categories of purchases (PO)envisioned purchase orders (PPO)Purchase orders known as "blanket purchase orders" (BPOs) or "standing orders"contracts for purchases (CPO)To learn more about purchase refer to
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A company uses a standard costing system. The production budget for Year 1 was based on 200,000 units of output. Each unit requires two standard hours of manufacturing labor for completion. Total overhead was budgeted at $900,000 for the year, and the budgeted fixed overhead rate was $.75 per hour. Both varialbe and fixed overheads are allocated to the product based on direct manufacturing labor hours. The actual data for Year 1 are as follows:
Actual production in units: 198,000
Actual direct manufacturing labor hours: 425,000
Actual variable overhead: $352,000
Actual fixed overhead: $575,000
What is the amount of unfavorable variable overhead efficiency variance?
The amount of unfavorable variable overhead efficiency variance is $21,750
When there is a discrepancy between the volume of the basis as it actually occurred and what we had anticipated it to be, it results in our variable overhead efficiency variance. In this instance, overhead is distributed based on direct work hours. Based on the data, they had calculated that 198,000 units * 2 hours/unit would require 396,000 direct labor hours. They actually put in 425,000 hours. Because they spent more hours than expected, there will be overhead fluctuations, notably negative variances in overhead efficiency.
The predicted hourly variable overhead rate must be ascertained. It claims that based on 400,000 direct labor hours, they had estimated total overhead to be $900,000. This equates to $2.25 an hour. If fixed overhead accounts for $1.50 of this, variable manufacturing overhead is responsible for the remaining $0.75/hour.
To calculate the efficiency variance:
Variable overhead efficiency variance = (Actual hours - Standard hours) * Standard variable overhead rate
Variable overhead efficiency variance = (425,000 hours - 396,000 hours) * $0.75/hour
Variable overhead efficiency variance = $21,750 U
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Which of the following combinations of changes in government spending and taxes is necessarily expansionary?
(A) Govt Spending: Increase Taxes: Increase
(B) Govt Spending: Increase Taxes: Decrease
(C) Govt Spending: Decrease Taxes: Not change
(D) Govt Spending: Decrease Taxes: Increase
(E) Govt Spending: Decrease Taxes: Decrease
C) The following combinations of changes in government spending and taxes is the necessarily an expansionary increase in authority spending and a decrease in taxes
The expansionary policy normally targets increasing the mixture demand to be able to accelerate the monetary boom, increase employment and reduce unemployment. that is carried out by affecting the components of the combination demand which might be the intake expenditure, the investment expenditure, the government spending, and the net exports (exports minus imports).
The boom in government spending results in the enlargement of the economic interest thru the multiplier effect and the better costs of taxes, however, lessens the disposable income available for intake and investment hence slowing down the pace of the monetary increase. therefore, an increase in government spending and discount in taxes will cause the more expansionary effect
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