A hiring manger should hire a candidate that can adjust many Leadership behaviors based on situation and possess the traits of a follower.
Long-term benefit to the company comes from a candidate who can adjust to organizational changes. In a service firm, a person would also be prompt in making suggestions and fixing operational problems that arise during the manufacturing process.
In order to become a more successful leader, leaders have to understand where they are currently.
The 5 most common leadership styles are:
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What is change management in an organisation and why is it so important?
Answer:
Explanation:
Change management is the process of planning, implementing and monitoring changes in an organization. It's important because it helps ensure that changes are implemented smoothly and without issue.
a loan that requires the borrower to pledge specific assets as collateral is called a(n) loan.
An asset (such a car or piece of property) is pledged as security for a loan in a secured loan, making the asset a secured debt owed to the lender.
How do loans with security operate?
Loans that are secured by an asset are called secured loans. This means that the lender will ask you which of your assets you want to use as collateral when you apply for a secured loan. Following that, the asset will be subject to a lien held by the lender until the loan is returned in full.
What exactly is an asset?
An asset is something that has monetary value or the potential to be profitable. For instance, a machine, a financial instrument, or a patent
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which key strategic leadership action plays a key role in influencing how the firm conducts its business and regulates and controls employees' behavior?
How to Maintain a Successful Organizational Culture Strategic leadership action has a significant impact on how the company runs its operations and governs and controls employee behavior.
Which of the following describes strategic leadership's objective?The major goals of strategic leadership are to improve strategic productivity, foster creativity, and create an environment that motivates staff to work hard, act independently, and advance their own ideas.
What are the three phases of developing a leader?leadership's three phases- We are moving past the first stage of leadership. Let's examine the initial level of leadership, which focuses on action. building the conditions for excellence, from 2 to 3. In the third level, multifunctional leadership is discussed, the drive to increase.
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what are the consequences of bad logistics management for a company? select all that apply. a more paperwork b problems with customer relations c higher costs d longer hours
The consequences of poor logistics management for company include: customer relationship issues, higher costs and longer hours.
What leads to bad logistics?Poor time management. Increased costs and hidden costs due to lack of knowledge. Disruption of operational processes. I don't have the right software for live tracking.
What impact will logistics have on company?Successful logistics in business entails more effectiveness, lower costs, higher production rates, better inventory control, more efficient storage space utilization, higher levels of customer and supplier satisfaction, and better customer experiences.
What are the consequences of poor management for suppliers?In short, poor supplier performance costs a company money, time, and reputation, increases the risk of customer churn, and can even threaten a company's viability. The impact on suppliers is also negative. Efforts to ensure performance regressions can be fixed.
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what is the difference between value line smart investment survey-smart investor and value line and value line- investor 600
The main difference between the Value Line Smart Investment Survey-Smart Investor and the Value Line Investor 600 is the scope of the coverage, with the Smart Investment Survey-Smart Investor covering a wider range of stocks, mutual funds, and ETFs, while the Investor 600 is focused on a specific group of 600 stocks.
Value Line is a financial research and analysis company that offers a range of investment products and services, including the Value Line Smart Investment Survey-Smart Investor, the Value Line Investor 600, and the Value Line Investment Survey.
The Value Line Smart Investment Survey-Smart Investor is a subscription-based service that provides in-depth analysis and ratings for a wide range of stocks, mutual funds, and exchange-traded funds (ETFs). It is designed for individual investors who are looking for comprehensive and reliable investment information to help them make informed investment decisions.
The Value Line Investor 600 is a subscription-based service that provides in-depth analysis and ratings for 600 of the largest, most liquid stocks listed on the New York Stock Exchange (NYSE) and the NASDAQ. It is designed for investors who are looking for information on a specific group of stocks and want to focus their research on a select list of companies.
The Value Line Investment Survey is a subscription-based service that provides in-depth analysis and ratings for approximately 1,700 stocks listed on the NYSE, NASDAQ, and American Stock Exchange (AMEX). It is designed for investors who want broad coverage of the stock market and want to research a wide range of companies.
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alphabet company, which uses the periodic inventory method, purchases different letters for resale. alphabet had no beginning inventory. it purchased a thru g in january at $9.00 per letter. in february, it purchased h thru l at $11.00 per letter. it purchased m thru r in march at $12.00 per letter. it sold a, d, e, h, j and n in october. there were no additional purchases or sales during the remainder of the year. if alphabet company uses the weighted average method, what is the cost of its ending inventory? (round the per unit cost to two decimal places and then round your answer to the nearest whole dollar.)
Using weighted average method, the cost of its ending inventory is $67.
Ending inventory = 5.56* 12 = 67
Weighted average method:
The weighted average considers the relative frequency or relevance of particular variables in a data set.
Sometimes a weighted average is more precise than a basic average.
In a weighted average, the allocated weight is multiplied by each data point value, which is then added together and divided by the total number of data points.
Because of this, a weighted average can increase the accuracy of the data.
Investors in stocks use a weighted average to keep track of the cost basis of the shares they have acquired over time.
A weighted average, as opposed to a basic average, takes into account the relative weight or contribution of the items being averaged. As a result, it assigns more weight to the average items that happen relatively more frequently.
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ben is a salesperson for an industrial equipment manufacturer. once a prospect becomes a new customer, ben looks for ways to improve the products and services his company provides the new customer in order to convert him/her into a loyal customer. in other words, ben looks for ways to:
Ben is a salesperson for an industrial equipment manufacturer. Ben looks for ways to improve the products and services to convert a new customer into a loyal customer. In other words, Ethan looks for ways to add value.
An industrial equipment manufacturer is a company that produces and sells industrial equipment. This equipment can include machines, tools, and vehicles. Industrial equipment manufacturers usually sell their products to other businesses, rather than to individual consumers.
An equipment manufacturer is a company that produces and sells machinery and equipment. Equipment manufacturers are typically large companies with many employees and a large amount of production capacity.
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which of the following is not a market performance ratio?
A. debt ratio
Debt Ratio is not a market performance ratio
Market value ratios are financial measurements that assess stock prices, evaluate them in relation to competitors' stock prices as well as other data points.
These ratios monitor public corporations' financial results to help us better comprehend their place in the market and A financial measure called the debt ratio shows what proportion of a company's assets are financed by debt.
It is the ratio of total assets (the total of current assets, fixed assets, and other assets like "goodwill") to total debt (short-term and long-term obligations).
Total debt to total assets is the debt ratio.
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thirty percent of the cfa candidates have a degree in economics. what is the popbability that none of them have a degree in econmics?
The probability that none of them have a degree in economics is 0.657.
We need to calculate
P (X > = 1)
= 1 - P(X =0)
= 1 - (1-0.30)^3
= 0.657
Hence, Option C is Correct
The complete question is:
Thirty percent of the CFA candidates have a degree in economics. A random sample of three CFA candidates is selected. What is the probability that at least one of them has a degree in economics?
1. 0.300
2. 0.343
3. 0.657
4. 0.900
Candidate for Level I CFA
You are regarded as a candidate for the CFA Level I if you are presently preparing for the Level I test. You may do this in a number of different ways on your resume. One strategy is to identify as a Level I candidate for the CFA.
The Excel’s function BINOM.DIST can be used.
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country a has a comparative advantage over country b in the production of shoes, if a. country a can produce shoes at a lower monetary cost than country b can. b. country a can produce shoes using fewer resources than country b can. c. the demand for shoes is higher in country a than in country b. d. country a can produce shoes at a lower cost in terms of other goods than country b can.
Country a has a comparative advantage over country b in the production of shoes, Country A can produce shoes at a lower cost in terms of other goods than other B.
What do you have been comparative advantage?
In an economic model, agents who can produce a particular good at a lower relative opportunity cost or autarky price—that is, at a lower relative marginal cost before trade—have a competitive advantage over rivals. Someone has a comparative advantage if they can produce something for less money than anyone else. Superiority in a particular field is different from comparative advantage.To know more about Comparative advantage here
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john is the head of a federal agency. his agency is lacking funds to support a new policy implementation, so it is allowed to borrow funds from another government agency. what are these funds a part of?
Overestimating the effect of government action carries a risk (neglects other factors) Where there is no one, dominating policy or agency engaged, it is challenging to apply. Policies evolve when they are put into practice.
These foundational principles include (1) creating a clear goal; (2) encouraging initiative; (3) empowering employees; (4) providing staff development or resources; (5) restructuring, monitoring, and problem-solving; and (6) planning. These presumptions offer a plan for the duties and method that assist improvement in effective alterations.
The total of a country's yearly budget deficits, less any surpluses, is its national debt. When the government spends more than it brings in, there is a deficit. The government borrows money by offering debt obligations to investors in order to cover its budget deficit.
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Organizing is monitoring performance, comparing it with goals, and taking corrective action.a. Trueb. False
It is False that Organizing is monitoring performance, comparing it with goals, and taking corrective action.
Controlling is monitoring performance, comparing it with goals, and taking corrective action.
What is meant by performance monitoring?Performance monitoring is the systematic and routine observation of performance over time with the goal of creating or verifying performance records, identifying inefficient and ineffective practices, determining service needs, and—most importantly—detection of underperformance early on to prevent further performance degradation. It is the systematic monitoring and continuing assessment of an organization's performance in comparison to recognized performance benchmarks.
Due to its frequency and increased emphasis on observing everyday activities, performance monitoring differs from occasional performance auditing or review.
Performance monitoring aims to immediately identify the signs of underperformance and respond as soon as possible.
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1. how much cash is paid to acquire inventory during year 2021? 2. how much cash is paid for operating expenses (excluding depreciation) during year 2021? hint: examine prepaid expenses and wages payable.
To determine the cash paid to suppliers for purchases related to inventory, cost of goods sold (COGS) and accounts payable (AP) from the income statement and balance sheet, respectively, are adjusted for inventory movements.
What is an Operating Expense?Operating expenses are costs incurred by a business as a result of its ongoing operations. Rent, equipment, inventory prices, marketing, payroll, insurance, step charges, & money set aside for R&D are all examples of operating expenses, often known as OPEX. Operating expenses, also known as selling, general, or administrative charges, are what it costs to run a business (SG&A). There are several of them, including rent & utilities, sale & accounting, advertising and marketing and management & administrative salaries.
Why are operating expenses important?Operating costs are important because they may be used to assess how well a company manages its costs and inventory. It highlights the level of expenses a company must incur in order to achieve its main goal, which is to generate revenue. Examples of naturally recurring expenses incurred to operate a business are administrative, selling, or general expenses.
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which of the following is not one of the three main restructuring strategies? a. downsizing b. realigning c. leveraged buyouts d. downscoping
Downsizing is not one of the three main restructuring tactics.
What is Downsizing?Downsizing is not always involuntary. It is also used at other stages of the business cycle to create leaner, more efficient businesses. Eliminating any part of an organizational structure that is not directly adding any value to the final product is a production and management philosophy known as lean enterprise.According to the production principles of lean enterprise, any component of a business enterprise that fails to directly benefit a final product is superfluous. What is valuable (and conversely, what is not valuable) is determined by the customer based on the amount they are willing to pay for a good or service.Downsizing can also be carried out to align the firm's skill and talent with the broader market. For example, a company may pursue downsizing to weed out employees with obsolete skills that may not be useful in its future direction.To learn more about organizational structure refer to:
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as the inventory control manager for a group of retail stores, henry calls the doubleblue jeans warehouse when he needs to restock this product because the manufacturer stores all of its products there. another name for this warehouse would be a
When xin-xu needs to restock this item, he contacts the bossie boots warehouse because the manufacturer keeps all of its products there. The correct response is A) self-service retailers.
Xin-xu is the inventory control manager for a collection of shoe stores. The term "distribution centre" could also be used to describe this warehouse. A distribution centre is a warehouse that often stocks a variety of goods, which are then distributed to the following.Retailers and wholesalers.
last or ultimate user because they believe they will frequently find the needed product there rather than having to visit wholesalers or retailers for the same product, the majority of customers tend to frequently visit this distribution centre for the items or product they need.
complete question:
As the inventory control manager for a group of retail stores, henry calls the doubleblue jeans warehouse when he needs to restock this product because the manufacturer stores all of its products there. another name for this warehouse would be a
A) self-service retailers
B) specialty stores
C) warehouse clubs
D) discount stores
E) factory outlets
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describe how free market features could be introduced to help alleviate the social problem through free market operations of supply and demand.
Government intervention is absent in a free market, and supply and demand and voluntary exchange serve as the only pillars of the economic system.
What do you mean by "demand"?The consumer's desire to buy a specific commodity or service is known as demand. Market demand is the demand on the market for a specific good. The total demand in the economy for goods and services is known as aggregate demand. The price of a commodity or service is determined by the demand and supply balance.
What does "demand" mean?Relevant Lessons
A fundamental tenet of economics is the law of demand, which holds that demand for a good increases when prices are low and decreases when prices are high. During Black Friday sales, when customers rush to purchase items at steep discounts, the law of demand is in effect.
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how would putting a price on natura attributes and ecological services affect demand for reneabe reouces
Different characteristics of ecological services.
People have a tendency to value each service and product differently because natural features and ecological services are priced differently.
The consumer would so stand to gain the most.
The ecological services are those that make our lives easier and preserve the harmony of the natural world. The prices of each commodity or service would benefit the customers. The user would benefit from the natural features such as the fresh water and other elements like sunlight, rain, fresh air, etc. on several occasions.
Wetlands are places or areas where the soil is occasionally covered in water. These fall under the categories of marshes, bogs, fens, swamps, and shallow water. Peatlands are another type of area that has partially degraded organic materials.These are several, crucial areas that are present in various biospheres. They enhance water quality, stop soil erosion and loss of land mass, safeguard coasts.
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finding significant differences is exciting to marketing researchers because it means that the researcher will have something that is potentially very useful to report to the client. true false
Marketing researchers enjoy discovering major variances since it indicates they will have information that might be extremely beneficial to relay to the customer. The statement is accurate.
Marketing research is the methodical gathering, recording, and analysis of qualitative and quantitative data about marketing-related problems for goods and services. Discovering and analyzing the effects of modifying marketing mix components on consumer behavior is the goal.
This entails defining the data needed to solve these concerns, devising the information gathering strategy, and overseeing and putting the data collection process into practice. These outcomes and conclusions, together with their ramifications, are communicated to those with the authority to take action on them after data analysis.
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suppose that monetary neutrality and the fisher effect both hold and the money supply growth rate has been the same for a long time. other things the same a higher money supply growth would be associated with . question 34 options: both higher inflation and higher nominal interest rates. neither a higher inflation rate nor a higher nominal interest rate. a higher inflation rate, but not higher nominal interest rates. a higher nominal interest rate, but not higher inflation.
Monetary neutrality and the fisher effect both increase the money supply growth rate increasing the inflation and nominal rate at the same rate.
What is the Fisher effect?
The relationship between inflation and both real and nominal interest rates is outlined in the Fisher Effect, an economic hypothesis developed by economist Irving Fisher. According to the Fisher Effect, the real interest rate is equal to the nominal interest rate less the anticipated inflation rate.
Irvin Fisher, an economist, is credited with creating the Fisher effect. The impartiality of money has a direct bearing on this effect. It claims that real interest rates are stable in economies and that variations in nominal interest rates are a function of changes in anticipated inflation.
Hence/Therefore,
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reverse culture shock occurs primarily because of the ease of reintegrating into the organization. true false
Reverse culture shock occurs primarily because of the ease of reintegrating into the organization.
The statement is true.
What do you mean by reverse culture shocks?
Re-entry, often known as reverse culture shock, is merely a typical reaction to coming home after studying abroad. It is a period of emotional and psychological readjusting, comparable to your initial acclimatization to living overseas.One gradually regains their emotional and psychological equilibrium as they accept differences and learn to fit into the new society. Some people finish this experience in a matter of weeks, while others may need months.To know more about Reverse culture here
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hearth company uses the units-of-production method to estimate depreciation. the company purchased a new machine for $38,000 that will produce an estimated 230,000 units over its useful life. the estimated residual value of the machine is $2,000. what is the depreciation rate per unit?
The depreciation rate per unit for Heatherbrae Co. is $0.133. The unit-of-production depreciation method estimates the depreciation expense per unit by dividing the depreciable amount by the estimated useful life of the asset.
For each period, the depreciation expense per unit is multiplied by the units of production to determine the period's total depreciation expense.
Data and Calculations:
Cost of machine = $48,000
Residual value = $4,000
Depreciable amount = $44,000 ($48,000 - $4,000)
Estimated useful life in units = 330,000
Depreciation expense per unit = $0.133 ($44,000/330,000)
Thus, the depreciation rate per unit for Heatherbrae Co. is $0.133.
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how would you respond to a naysayer that says store business and concessions business will go down if we give out free hats and free food as part of group sales packages?
would let them know that it's a misconception Offering free food or drinks adds value to the customer without discounting products or services.
What is meant by products?
A product is anything that can be supplied to a market in order to satiate a customer's need or desire. In marketing, a product is an item, system, or service that is made accessible for consumer usage in response to consumer demand.Products are sometimes referred to as merchandise in the retail sector, and they are purchased as raw materials in the manufacturing sector before being sold as finished goods.A form of product that is also considered is a service.In project management, products are the formally defined project deliverables that include or assist in achieving the project's goals.Product liability may apply to hazardous goods, particularly physical ones that harm users or bystanders.To learn about products refer to
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city council is deciding whether to clean up a local pond. they estimate the marginal benefit and marginal cost of each cleanup hour in the table below. marginal cost of cleanup (dollars) quantity of pollution cleanup (hours) marginal benefit of cleanup (dollars) $350 1 $650 $400 2 $600 $450 3 $550 $500 4 $500 $550 5 $450 what is the optimal time spent on pollution cleanup?
The optimal time spent on pollution cleanup is: ($450).
What is pollution?Pollution is the introduction of contaminants into the environment that cause harm or discomfort to humans, animals, and other living organisms. It is the result of human activities such as burning fossil fuels, agricultural activities, industrial processes, and other daily activities. Pollution can take many forms including air pollution, water pollution, soil pollution, and noise pollution. Air pollution is the introduction of pollutants into the air that can cause health and environmental problems. Water pollution is the contamination of water bodies such as lakes, rivers, oceans, and groundwater with chemicals, microbiological organisms, and other pollutants. Soil pollution is the contamination of soil with hazardous chemicals, metals, and other pollutants, which can lead to reduced fertility of the soil and decrease crop yields. Noise pollution is the excessive noise from industrial and other activities that can interfere with normal activities such as sleeping, conversation, or work. Pollution has serious impacts on the environment, human health, and the economy and should be tackled for the betterment of the planet.
The optimal time spent on pollution cleanup is 3 hours, since this is the quantity where the marginal benefit ($550) is equal to the marginal cost ($450).
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The ideal amount of time to spend cleaning up pollution is three hours since at this point, the potential reward ($550) and marginal cost ($450) are equal.
What are the four primary types of pollution?The three main types of pollution are smog, industrial effluents, and land pollution, which are often categorized by environment. Particular pollutant kinds, like plastic, light, and noise pollution, are also of concern to contemporary civilization.
Describe pollution:When toxins are released into the environment, it causes injury or discomfort to people, animals, as well as other living things. Pollutants that can harm human health and the environment are released into the air, causing air pollution.
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the copyright clause prohibits the government from creating a special kind of monopoly around intellectual property. true or false
The following statement "the copyright clause prohibits the government from creating a special kind of monopoly around intellectual property" is true.
A market that has "no competition" results in a situation where one individual or business is the only supplier of a given good or service. This contrasts with oligopoly and duopoly, which include a small number of vendors controlling a market, and monopsony, which refers to a single entity's dominance of a market to buy an item or service.
Monopolies are therefore defined by a lack of viable replacement products, a lack of economic rivalry to manufacture the commodity or service, and the potential for a high monopoly price that is substantially beyond the seller's marginal cost and generates a large monopoly profit.
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a company is evaluating an investment which has an initial investment of $4,000. annual net cash flows are expected to be $2,000 over the next three years. the company requires a 10% annual return. the present value of $1 factor for 10% and 1 period is 0.9091; 2 periods is 0.8264; and for 3 periods is 0.7513. the break-even time is between: multiple choice question. 1 and 2 years 2 and 3 years 3 and 4 years 0 and 1 year
The break-even time is between: - 2 and 3 years.
Does NPV take original investment into account?Using the concept of net present value, all projected future cash flows, including the initial capital investment, are calculated as to their current value (NPV).
Net present value (NPV) is the current value of cash inflows minus cash outflows over a period of time (NPV). NPV is a metric used in capital budgeting and investment planning to assess the profitability of a proposed investment or project.
The current value of a stream of future payments, or NPV, is calculated using the appropriate discount rate. The general rule is that projects with a positive NPV are beneficial to pursue, whereas those with a negative NPV are not.
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according to the resource-theory of the firm discussed in mcnett's article the ethics of workplace diversity, the main reason for an organization to have a more diverse workforce would be
To draw in the most exceptional and varied talent that can give one a competitive edge in various areas.
How do you define resource-based theory?
According to resource-based theory, a corporation is best positioned for long-term success if it has access to valuable, uncommon, difficult-to-replicate resources. These strategic resources can act as a springboard for developing solid competencies that, over time, may result in improved performance.
What does the word "resources" mean?
It means a source of supply or support—an option. A natural source of riches or income; generally used in the plural. Frequently used in the plural.: a natural phenomenon or feature that improves the standard of living for people.
The original question is:
According to the resource theory of the firm discussed in McNett's article the ethics of workplace diversity, the main reason for an organization to have a more diverse workforce would be _______.
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When purchasing her new car, molly traded in her previous car, which was a buick in good condition. the dealer offered her 80% of the listed trade-in value for her car, giving her a total of $1,340.80. what was molly’s previous car?
The value of Molly's car, given the trade - in value and percentage of the previous car, can be found to be $ 1, 676
What is a trade - in value ?The car that customers trade in when they purchase a new car from the dealership is known as a trade-in. The trade-in value that a dealer will typically offer for the car is almost always less than the market value that you could obtain by selling it privately.
A well-kept example of a well-liked model may be a trade-in, which the dealer can repair and resell on the used car lot for a profit. Second, the dealer is facilitating the customer's decision to purchase the new vehicle. Any other justification for accepting a trade-in entails extra work, extra expense, and unpredictability for the dealer.
The trade - in value for Molly's car can be found by the formula :
= Listed trade in value of Molly's car / Percentage of the car
= 1, 340.80 / 80 %
= $ 1, 676
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year 1 2 3 4 5 free cash flow $25 million $28 million $32 million $36 million $41 million home industries is expected to generate the above free cash flows over the next five years, after which free cash flows are expected to grow at a rate of 4% per year. if the weighted average cost of capital is 10% and home industries has cash of $20 million, debt of $40 million, and 100 million shares outstanding, what is the expected current share price of home industries?
Free cash flow at Year 6 = FCF 5 x (1 + Growth rate) = 32 x 1.03 = $32.96. Business value at Year 5 = 32.96 / (0.06 - 0.03) = $1,098.6667 million.
What is cash flow? Cash flow is the money that comes in and goes out of a company. It is the generation of income and the payment of expenses. Cash inflows result from either the generation of revenue through the selling of goods and services, money borrowed, or money earned through investments.If more cash is coming into the company than leaving the company, you are experiencing positive cash flow. But if more cash is leaving the company than coming into the company, then you are experiencing negative cash flow. Keep in mind that just because you are experiencing negative cash flow for the moment doesn't mean you are going to suffer a loss, because cash flow is dynamic. Cash flow is reported on the company's cash flow statement, which is also called a statement of cash receipts and disbursements.
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how to calculate federal funds target rate with target inflation rate current inflation rate real equilibriujm federal funds rate and output gap
When inflation exceeds the Fed's inflation objective, the rule calls for a higher federal funds rate, and if inflation is below target, a lower one.
How are federal funding rates targeted determined?The Taylor Rule is a formula that central bankers can use to calculate what their overnight interbank lending rate goal should be based on variables including actual inflation, an inflation objective, actual output, potential production of the economy, and an estimate of the equilibrium real fed.Maintaining stable pricing is one of the Fed's primary objectives, along with low unemployment. Since 1996, Fed policymakers have often held the position that their goal was to achieve an inflation rate of about 2%.When inflation exceeds the Fed's inflation objective, the rule calls for a higher federal funds rate, and if inflation is below target, a lower one.To learn more about Federal funds rate refer to:
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Federal Funds Target Rate = Real Equilibrium Federal Funds Rate + Target Inflation Rate - Current Inflation Rate - Output Gap
Output Gap = The difference between actual Gross Domestic Product (GDP) and potential GDP
The federal funds rate is the rate at which banks lend their reserves to other banks overnight. The Federal Reserve sets the target federal funds rate, which is currently 150 points or 1.50 percent.
The federal funds rate is calculated using the real equilibrium funds rate, which is the federal funds rate that balances the economy in the long run.
The real equilibrium federal funds rate is determined by several factors, including the target inflation rate, the current inflation rate, and the output gap.
The formula for calculating the federal funds target rate is as follows:
Federal Funds Target Rate = Real Equilibrium Federal Funds Rate + Target Inflation Rate - Current Inflation Rate - Output Gap
where:
Real Equilibrium Federal Funds Rate = Federal Funds Rate that balances the economy in the long run
Target Inflation Rate = The inflation rate targeted by the Federal Reserve
Current Inflation Rate = The current rate of inflation
Output Gap = The difference between actual Gross Domestic Product (GDP) and potential GDP
The federal funds rate target can be adjusted by the Federal Reserve depending on the state of the economy and inflation levels.
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a technology company wants to increase sales for their newest product, so they decide to invest in advertising and direct marketing for the product. this is an example of
Answer:
Traditional marketing or direct response marketing
A technology company wants to Increase sales for their newest product, so they decide to invest in advertising and direct marketing for the product. This is an example of traditional marketing or direct response marketing.
What is traditional marketing?Traditional marketing is the process of fulfilling the target audience’s needs using offline channels and making a profit out of it. In simpler terms, traditional marketing refers to the satisfaction of needs and wants for consumers via those marketing channels that existed before individuals had access to modern digital platforms.
It involves fulfilling the 4ps of marketing without making use of digital marketing channels. This traditional marketing mix includes: Building a product that operates and fulfils customers’ demands online. For example, a washing machine. Using a pricing strategy that’s not dependent on online channels. Using offline channels of distribution to reach out to the customers. Promoting the product using offline channels like TV, radio, newspapers, etc.
Traditional marketing encompasses a wide range of advertising and marketing strategies.
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