The probability density function of waiting time at Kroger is zero. The probability that a customer will have to wait between 15 and 30 seconds is 0.2462. The probability that a customer will have to wait more than 2 minutes is 0.99.
1. F(x)= 1/26 e^-x/26 = 0
2. The probability that a customer will have to wait between 15 and 30 seconds is e^-15/26 - e^-3026= 0.5616238- 0.3154213 = 0.2462.
3. The probability that a customer will have to wait more than 2 minutes is e^-120/26 = 0.009898= 0.99.
Commercial enterprise records are information that holds means, value, or importance for your business. it'd include any reviews, spreadsheets, metrics, regulatory reporting, internet pages, documents, dashboards, and so on that match the definition of getting that means, value, or significance on your commercial enterprise.
The right statistics are that that is used and which creates price. experience and research suggest that true statistics have numerous features. top records are relevant for their motive, sufficiently accurate for their purpose, entirely sufficient for the hassle, reliable, and focused on the proper person. The facts need to be understandable i.e. clean, properly organized, and dependent, and ought to be timelines i.e. suitable to finish the associated project, and ought to be accurate to generate the predicted end result well.
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Complete Question:
Do you dislike waiting in line? Supermarket chain Kroger has used computer simulation and information technology to reduce the average waiting time for customers at 2300 stores. Using a new system called QueVision, which allows Kroger to better predict when shoppers will be checking out, the company was able to decrease average customer waiting time to just 26 seconds (Information Week website and the Wall Street Journal web site, January 5, 2015).
a) Assume that Kroger waiting times are exponentially distributed. Show the probability density function of waiting time at Kroger.
b) what is the probability that a customer will have to wait between 15 and 30 seconds?
c) what is the probability that a customer will have to wait more than 2 minutes?
check my work janie received her monthly credit card bill from express visa and discovers a billing error. which law will provide janie a remedy?
The law that would give her with a remedy would be the Fair Credit Billing Act( FCBA), If Janie received her habitual credit card bill from Express Visa and discovered a billing error.
The FCBA is a civil law that outlines the rights of consumers in billing controversies with creditors, including credit card companies. Under the FCBA, Janie has the right to dispute the billing error and request an disquisition from Express Visa. The credit card company is also needed to respond to Janie's disagreement within a specific timeframe and give a resolution to the error.
However, Janie may be entitled to damages, including a refund of any overcharged price, If Express Visa fails to misbehave with the FCBA.
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Beginning Balance $1000
19-Jul ACH Outgoing Transfer $(730)
20-Jul Incoming App Transfer $1800
23-Jul ACH Incoming Transfer
$20
24-Jul E-bill Pay Utilities
$(100)
What is the ending
balance on this
account after
these transfers
are completed?
Answer:
the ending balance after these transfers are completed is $1990.
Explanation:
Beginning Balance: $1000
19-Jul ACH Outgoing Transfer: -$730
Balance after transaction: $1000 - $730 = $270
20-Jul Incoming App Transfer: +$1800
Balance after transaction: $270 + $1800 = $2070
23-Jul ACH Incoming Transfer: +$20
Balance after transaction: $2070 + $20 = $2090
24-Jul E-bill Pay Utilities: -$100
Balance after transaction: $2090 - $100 = $1990
Developing a strategic vision for a company entails:
a) prescribing a future strategic direction for the company to pursue and a rationale for why this strategic path makes good business sense.
b) describing its business model and the kind of value that it is trying to deliver to customers.
c) putting together a story line of why the business will be a moneymaker.
d) describing "who we are and what we do"
e) coming up with a 5-year term plan for outcompeting rivals
Developing a strategic vision for a company entails: "a) prescribing a future strategic direction for the company to pursue and a rationale for why this strategic path makes good business sense."
Why it is ?
Developing a strategic vision involves setting a long-term direction for the company and creating a clear rationale for why this direction makes sense for the business. This involves identifying the company's goals, mission, and values, as well as understanding its competitive environment and market trends.
The strategic vision should provide a clear roadmap for where the company is headed and what it hopes to achieve, and it should be aligned with the company's overall strategy and goals. It should also be communicated clearly to all stakeholders, including employees, customers, investors, and partners.
While describing the business model, identifying value proposition, and coming up with a 5-year term plan are important components of developing a strategic vision, they are not sufficient on their own. A strategic vision needs to be comprehensive, forward-looking, and grounded in a clear understanding of the company's market and competitive environment.
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robert, who's 17 years old, signed a contract to purchase stan's house. stan didn't realize robert was underage until robert's mother figured out what was happening and called robert's agent. because robert is a minor, the contract is voidable by whom?
Since Robert is a minor (under the age of 18), he is considered to lack legal capacity to enter into a contract.
What is a Contract law?Under contract law, a minor is generally considered to lack the legal capacity to enter into a contract. This means that a contract entered into by a minor is voidable, which means it can be either affirmed or disaffirmed by the minor.
In the case presented, since Robert is only 17 years old and therefore a minor, he has the right to void the contract he signed with Stan, and this would release him from any obligations under the agreement. If Robert chooses to disaffirm the contract, he must return any consideration received from Stan, such as a down payment or any other form of payment. Stan would then be obligated to return any property that Robert had transferred to him, such as the title to the house.
It's important to note that while minors have the right to void a contract, the law generally seeks to protect the interests of the other party to the contract. Therefore, if a minor receives benefits under the contract, the law may require them to compensate the other party to the extent of the benefits received.
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greg tobin wishes to invest a $5000 bonus check into a savings account that pays 6.3% interest. find how many years it will take for the $5000 to grow to at least $11,000 if interest is compounded (a) quarterly. (be careful; interest is added to the account only every quarter. see example 5.) (b) continuously.
A. It will take approximately 8.56 years for $5000 to grow to $11,000 if interest is compounded quarterly.
B. It will take approximately 11.03 years for $5000 to grow to $11,000 if interest is compounded continuously.
(a) To find the number of years it will take for $5000 to grow to $11,000 if interest is compounded quarterly, we can use the formula:
A = P(1 + r/n)^(nt)
where:
A = amount after time t
P = principal (initial amount)
r = annual interest rate (as a decimal)
n = number of times interest is compounded per year
t = time (in years)
Plugging in the given values, we get:
11000 = 5000(1 + 0.063/4)^(4t)
Simplifying, we get:
2.2 = (1.01575)^(4t)
Taking the natural logarithm of both sides, we get:
ln(2.2) = 4t ln(1.01575)
Solving for t, we get:
t = ln(2.2)/(4 ln(1.01575))
= 8.56 years
Therefore, it will take approximately 8.56 years for $5000 to grow to $11,000 if interest is compounded quarterly.
(b) To find the number of years it will take for $5000 to grow to $11,000 if interest is compounded continuously, we can use the formula:
A = P e^(rt)
where:
e = the mathematical constant e (approximately 2.71828)
A, P, r, and t have the same meanings as in the previous formula
Plugging in the given values, we get:
11000 = 5000 e^(0.063t)
Dividing both sides by 5000 and taking the natural logarithm of both sides, we get:
ln(2.2) = 0.063t
Solving for t, we get:
t = ln(2.2)/0.063
= 11.03 years
Therefore, it will take approximately 11.03 years for $5000 to grow to $11,000 if interest is compounded continuously.
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QuestionWhich of the following gives a vertical demand curve?APerfectly elastic demandBPerfectly inelastic demandCImperfect elastic demandDImperfect inelastic demand
The correct option is B. Perfectly inelastic demand gives a vertical demand curve.
When a price adjustment has no impact on the quantity required, the demand is said to be perfectly inelastic. The demand curve is vertical in this instance, and there is no demand elasticity. Products that are regarded as essential typically have very low elasticities. That is, we will continue to purchase them regardless of their increasing cost. Gasoline, basic foods, and healthcare are examples of items having low elasticities. A demand curve is said to be totally inelastic if it is perfectly vertical (up and down). The excellent is referred to as "elastic" or "very elastic" if the curve is shallow rather than steep. This implies that a little change in the good's price will result in a significant change in the amount required. We refer to a curve as being perfectly elastic if it is perfectly flat (horizontal). Luxury goods are frequently quite elastic; if the price goes up slightly, customers will switch to something else.
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What is the opportunity cost of samsung repairs production (in terms of iphone repairs/samsung repairs)?
The opportunity cost of Samsung repairs production in terms of iPhone repairs/Samsung repairs is the ratio of the number of iPhone repairs that could have been performed instead of producing one more unit of Samsung repairs.
Opportunity cost is the expense of giving up the next best option while making a decision. The finest option in this situation is Samsung repair production, with iPhone repair coming in second.
The opportunity cost of creating Samsung repairs, for instance, would be 2 iPhone repairs for every Samsung repair if generating one extra unit of Samsung repairs meant forgoing two units of iPhone repairs. This indicates that the potential cost of the manufacture of Samsung repairs was two units of iPhone fixes for every unit of Samsung repairs produced.
The worth or benefit lost by engaging in a specific activity in comparison to engaging in a different task is defined as the opportunity cost in microeconomic theory.
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why do labor organizations downsize their labor force and what are some of the nrgative effects of this practice\
Changes to the workplace have long-term effects, such as rising voluntary turnover and declining innovation.
What is voluntary turnover?When an employee quits their position voluntarily, whether it's due to retirement, internal transfer, or finding a new employment, it's referred to as voluntary turnover. Because they frequently result in the loss of a tall employee, these kinds of turnover are usually more expensive to firms.
Is voluntary turnover beneficial?The opportunity it provides for new talent and innovative ideas makes voluntary turnover not necessarily a bad thing. However, it is typically an expensive activity because it is frequently unanticipated and can impede workflow.
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5. which of the following is the best mov statement? a. our project should make dayton customers flock to the stores in droves to buy our products. b. our project should be completed in no more than 180 days and should cost no more than $150,000 and be completed 100% in-house. c. our project should increase sales in the dayton market by 15% next year to complete our company's ohio expansion strategy. d. d) our project should utilize the spiral development approach to eliminate 95% of the major risks to our dayton sales program. e. e) our project should produce an advertising campaign in dayton that wins the ohio advertising guild's award for most creative campaign.
The best MOV (Measurable Organizational Value) statement is: Our project should increase sales in the Dayton market by 15% next year to complete our company's Ohio expansion strategy i.e. Option C
Measurable Organizational Value (MOV) is a concept used in project management to define and measure the expected benefits or value that a project will deliver to an organization. It is a quantitative and qualitative statement that describes the specific goals, outcomes, or benefits that an organization seeks to achieve by implementing a project.
A MOV statement typically outlines the expected financial and non-financial benefits that a project will provide, such as increased revenue, cost savings, improved customer satisfaction, or enhanced brand recognition. It should be specific, measurable, achievable, relevant, and time-bound (SMART) to ensure that it can be accurately measured and achieved within the specified timeline.
The MOV statement serves as a guidepost for the project team, providing a clear understanding of what success looks like and what benefits the project should deliver. It also helps project sponsors and stakeholders to evaluate the performance of the project and determine whether it has achieved its objectives. By defining and measuring the MOV, project managers can demonstrate the value that the project adds to the organization and justify the resources and investment required to complete it.
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Complete Question -
Which of the following is the best MOV statement?
A. Our project should make Dayton customers flock to the stores in droves to buy our products.
B. Our project should be completed in no more than 180 days and should cost no more than $150,000 and be completed 100% in-house.
C. Our project should increase sales in the Dayton market by 15% next year to complete our company's Ohio expansion strategy.
D. Our project should utilize the Spiral Development approach to eliminate 95% of the major risks to our Dayton sales program.
E. Our project should produce an advertising campaign in Dayton that wins the Ohio Advertising Guild's Award for most creative campaign
The asset section of a balance sheet normally presents assets in: A) Alphabetical Order B) Order of Largest to smallest dollar amounts C) In the order what will be converted into cash D) No order
The asset section of a balance sheet normally presents assets in the order what will be converted into cash. Option C is correct.
The asset section of a balance sheet normally presents assets in the order of liquidity or the order what will be converted into cash first. This means that the assets that are most easily converted into cash are listed first, followed by assets that will take more time and effort to convert into cash.
The typical order of assets on a balance sheet is as follows: Cash and cash equivalents, such as checking accounts, savings accounts, and money market accounts.
Short-term investments, such as marketable securities.
Accounts receivable, or amounts due from customers.
Prepaid expenses, or expenses paid in advance that will be used up over time.
Long-term investments, such as stocks and bonds.
Intangible assets, such as patents, trademarks, and goodwill.
This order allows users of the balance sheet to quickly determine the liquidity and financial strength of the company.
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a customer has asked ch for an estimate on a basic, 1,500 square-foot home on a vacant lot, which already has utilities installed. the client is a cooking enthusiast, and also wants luxury appliances. based on the engineering estimates above, what will such a house cost to build?
Without more information about the specific location and other details about the house and appliances, it's difficult to provide an accurate estimate for the cost of building a 1,500-square-foot home with luxury appliances on a vacant lot with utilities installed.
However, we can provide some general information about factors that can impact the cost of a new home build.
One of the biggest factors that affects the cost of building a new home is the location. Construction costs can vary widely depending on factors such as local building codes, the availability of skilled labor, and the cost of materials in the area. Other factors that can impact the cost of a new home build include the complexity of the design, the type of foundation, and the quality of the materials used.
Additionally, the cost of luxury appliances can vary widely depending on the specific products chosen. Luxury appliances can range from high-end refrigerators and ovens to specialized equipment such as built-in espresso machines and wine coolers. The cost of these appliances can add significantly to the overall cost of a new home build.
To provide an accurate estimate for the cost of building a specific home, it would be necessary to have more information about the location, design, and materials to be used. A professional contractor or builder could work with the client to create a detailed estimate that takes all of these factors into account.
In summary, the cost of building a new home can vary widely depending on a number of factors, including location, design, materials, and appliances. To get an accurate estimate for the cost of building a specific home, it's important to work with a professional contractor or builder who can provide a detailed estimate based on the specific details of the project.
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the goal and plan selection step of the formal planning process comes after which action?
Answer:
goal and plan evaluation
Explanation:
major trends in today's dynamic world of work include increased emphasis on self-directed work groups and virtual teams, heightened global competition, innovative communication technologies, new work environments, and focus on
Heavy focus on identity project teams and virtual teams, increased global rivalry, cutting-edge multimedia applications, new work spaces, and a focus on corporate ethics are some prominent developments in today's dynamic workplace.
What are the main tendencies in the fast-paced workplace of today?The importance of inner project teams and virtual teams is increasing, and there is greater competition on a worldwide scale as well as new work spaces and novel communication tools. Many workers today don't require an office because they can work from home or elsewhere.
What kind of writing, in a variety of media, must employees in the modern workforce be capable of producing?Today's workers must develop their ability to write emails effectively. In today's employment, workers must be ready to interact with customers, coworkers, and the general public utilizing a range of media, including e-mail, messaging, texting, blogs, content sharing, and social media.
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which of the following is least likely to promote economic growth? a investment in tools and machines. b investment in training of labor. c increase in consumption of nondurable goods. d tax credit for technology improvement. e none of the above - all of these would promote economic growth.
c. Increase in consumption of nondurable goods is least likely to promote economic growth
Nondurable goods are any consumer items that must be replaced in subsequent purchases because they are either used up quickly or consumed in one use, depending on the type of economy. The least likely way to encourage economic growth is to boost nondurable goods consumption.
Little increases or declines in the purchasing of nondurable products are not regarded as economic indicators because they are a stable component of an economy. Whereas, investments can help create the aggregate demand that is necessary for economic growth, whereas durable products, such as automotive fuel, are often a larger part of short-run economic growth than nondurable items.
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Kaizen meansA.bringing the entire person to work.B.empowered employees.C.mistake-proofing of processes.D.a focus on continuous improvement.E.standard practice.Q2:The 5s technique is used on the tarmac at Alaska Airlines toA.position ground staff.B.arrange baggage as it is moved to the plane.C.organize the galley.D.mark location of ground equipment.
Kaizen is a Japanese term that means "continuous improvement". It is a philosophy that focuses on making small, incremental improvements to processes and products over time, with the goal of improving quality, efficiency, and productivity.
This involves a culture of teamwork, constant learning, and problem-solving, where all employees are empowered to identify and make suggestions for improvement. The 5S technique is a system used to organize workspaces for maximum efficiency and productivity. The five S's stand for Sort, Set in order, Shine, Standardize, and Sustain. At Alaska Airlines, the 5S technique is used on the tarmac to organize the movement of baggage to and from the plane. This involves sorting out items that are not needed, setting everything in order to create a more streamlined process, and ensuring that everything is clean and in good condition. This technique also helps to standardize the process so that all ground staff work in the same way, and to sustain the improvements over time. By implementing the 5S technique, Alaska Airlines can improve efficiency and reduce errors, resulting in a better experience for passengers.
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he fomc has instructed the frbny trading desk to purchase $500 million in u.s. treasury securities. the federal reserve has currently set the reserve requirement at 5 percent of transaction deposits. assume u.s. banks withdraw all excess reserves and give out loans. a. assume also that borrowers eventually return all of these funds to their banks in the form of transaction deposits. what is the full effect of this purchase on bank deposits and the money supply? b. what is the full effect of this purchase on bank deposits and the money supply if borrowers return only 95 percent of these funds to their banks in the form of transaction deposits
As per the requirements in the question -
a. Increase in bank deposit and money supply by (1/.05)*$500m= 10 billion
b. increase in bank deposits and money supply by (1/(.05+(1-.95)))*$500m= 5 billion
The money supply is the whole of the entirety of the money and other fluid resources in a country's economy on the date estimated. The cash supply remembers all money for the course and all bank stores that the record holder can without much of a stretch believer to cash.
Governments issue paper currency and coins through their national banks or depositories, or a blend of both. To keep the economy stable, banking controllers increment or decrease the accessible cash supply through approach changes and administrative choices. The Fed likewise impacts the cash supply, through activities that increment or abate how much money is in the framework.
Monetarists, who view the cash supply as the primary driver of interest in an economy, accept that rising the cash supply prompts expansion.
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green co. has an inventory conversion period of 80 days and annual revenue of $4,200,000. how many times per year (360 days) does green turn over its inventory?
The inventory turnover ratio is calculated as the number of times inventory is sold and replaced in a given period.
It is calculated by dividing the cost of goods sold by the average inventory level. However, in this case, we are given the inventory conversion period, which is the number of days it takes to sell and replace inventory. The formula for calculating inventory turnover using inventory conversion period is:
Inventory turnover = Number of days in period / Inventory conversion period
To find the number of times Green Co. turns over its inventory in a year, we need to divide the number of days in a year (360) by the inventory conversion period (80):
Inventory turnover = 360 / 80
Inventory turnover = 4.5
Therefore, Green Co. turns over its inventory 4.5 times per year.
Inventory turnover is a financial ratio that measures how efficiently a company manages its inventory. It indicates how many times a company sells and replaces its inventory during a given period. A higher inventory turnover ratio is generally considered better because it suggests that a company is selling products quickly and efficiently, and not holding onto excess inventory. The inventory conversion period is the average number of days it takes a company to turn its inventory into sales.
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if direct materials are added at the beginning of a process, the equivalent units completed of direct materials will be:
It will be equivalent units completed as to conversion costs if direct materials are added.
Direct material is what?Direct material refers to the tangible components that make up a product. For instance, flour, eggs, yeast, sugars, oil, and water are material objects for a baker. Cost accounting uses the direct material concept to categorize this cost independently for various forms of financial analysis.
How is the variance in the pricing of direct materials calculated?The differential between both the standard price (SP) and the actual price (AP), multiplied by the actual quantity (AQ), is used to calculate the direct materials price variance: Variance in the direct materials price equals (SP - AP) x AQ.
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the balance sheet for jim's hardware has the following items listed. current liabilities, $25,345; long-term debt, $100,000; total liabilities, $125,345; total assets, $325,490. what is the owner's equity for this company?
200145 is the owner's equity for this company .
What does owner's equity mean?
Equity, also known as shareholders' equity or owners' equity for privately held businesses, is the sum of money that would remain with a company's shareholders after all of its assets have been sold and all of its debt has been settled in the event of a liquidation.
The amount of a company's value that can be claimed by its shareholders is shown on the balance sheet.
Owner's Equity= $200145
Workings
Owner's Equity= Total Asset - Total Liabilities
= 325490 - 125345
= 200145
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which of the following options increases the strength of the market entrant force? (1 point) an increase in the cost of necessary equipment high customer loyalty toward existing businesses the availability of a younger workforce with the necessary knowledge and skills at an advantageous cost an increase in the government or local regulations that govern an industry an industry with highly competitive rivals with very low profit margins
A reduction in government or local regulations that govern an industry increases the strength of the market entrant force.
Although this question is incomplete this is what I have figured out-
When the government reduces its regulation that governs the organization or establishment of business, then it becomes very easier for new players to enter the market and open their businesses.
When new people open their businesses it ultimately increases the competition and provides strength to the market. By reducing the regulations new businesses can compete with an established businesses in a more effective way as these regulations increase the cost of doing business.
Please see the complete question-
Which of the following options increases the strength of the market entrant force? A. A reduction in government or local regulations that govern an industry B. An increase in the government or local regulations that govern an industry C. High customer loyalty toward existing businesses D. An industry with highly competitive rivals with very low-profit margins E. An increase in the cost of necessary equipment
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during what decade of the twentieth century did australia and new zealand decide to dramatically reduce government intervention and regulation of the economy? group of answer choices
Only groups historically regarded as "white" were allowed to immigrate to Australia and New Zealand.
Bauxite, diamonds, opals, lead, and coal are among Australia's top exports to the rest of the world. Timber and rich soil may be found in New Zealand. the preservation of public health and safety, the dissemination of accurate information about food to enable customers to make knowledgeable decisions, and the suppression of deceptive behaviour. Each nations are constitutional monarchy and Commonwealth realms with Westminster-based parliamentary democracies, with the same person serving as the sovereign and autonomous head of state in both.
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which of the following statements is incorrect? multiple choice preferred stock prices fluctuate with market interest rates and behave like corporate bond prices. common stock prices changes with the value of the company's underlying business. preferred stockholders have higher precedence for repayment than common stock in the event of firm liquidation from bankruptcy. all of these choices are correct.
All of the given choices are correct. It is correct that the preferred stock prices fluctuate with market interest rates and behave like corporate bond prices. Also, Common stock prices change with the value of the company's underlying business and preferred stockholders have higher precedence for repayment than common stock in the event of firm liquidation from bankruptcy.
Preferred stock prices pay fixed payments like bonds and thus their prices fluctuate with fluctuation in the payment rates. Common stock price changes with the value of the underlying business as the business grows/declines, and so does the share value. Preferred stockholders do have precedence of payment in the event of liquidation as they get paid first and the balance left is then distributed among common stockholders.
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Answer:
The statement that is incorrect is that preferred stock prices fluctuate with market interest rates and behave like corporate bond prices. Preferred stock prices are generally less affected by market interest rates than bond prices, so they tend to move in the opposite direction of bond prices.
your aunt offers you a choice of $22,100 in 30 years or $450 today. a-1. if money is discounted at 14 percent, what is the present value of the $22,100? (do not round intermediate calculations. round your final answer to 2 decimal places.)
Present value is defined as Amount/(1+r)n, which equals 22100 / (1.14), or 22100 * 0.01962702428, or 433.752. Answer So, today, we ought to go with the 450 dollar choice.
What does present value mean?Money's current value is what it is worth today. Due to inflation, money loses value with time and is currently worth $100, but will be worth somewhat less in one year. Whatever sum is exactly identical in value right today, today, is the current value of $100 1 year down the road. It is the estimated value of a future revenue stream in terms of today's money.
How is present value determined?Using this formula, you may determine present value. Divide each amount of cash Y by (1+r)n, in which r is the financial ratio per period (often the interest rate or the assured risk-free rate). Y is the amount of money that will be received over the course of n periods.
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ceteris paribus, if the price of a digital camera rises, then we can expect multiple choice a decrease in the demand for digital cameras. a decrease in the quantity demanded of digital cameras. an increase in the quantity demanded of digital cameras. an increase in the demand for digital cameras.
Growth if its price decreases, otherwise. Generally speaking, we can anticipate the following if the cost of a digital camera increases: the quantity of digital cameras being purchased has declined (movement along the same curve).
What are a few examples of growth?
The cost of the company's automobiles has gone up. The economy will be stabilised by the increased investment. There are more issues that we are dealing with now. He demanded an increase in income tax of 1 pence.
The price of oil has substantially increased. Rents have dramatically increased as a result of the tax. enhance something The amount has increased ten-fold since the previous figure. an improvement over something This is a 12% rise from the prior year.
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if you deposit $11,000 in a bank account that pays 3% interest annually, how much will be in your account after 5 years? do not round intermediate calculations. round your answer to the nearest cent.
Using the interest of 3% we know that after 5 years we will get back the amount of $12,650.
What is interest?In the fields of finance and economics, interest is the payment of a sum over and above the principal amount to a lender or depositor by a borrower or deposit-taking financial institution at a set rate.
It is not the same as a fee that the borrower might pay to the lender or another entity.
Consider borrowing $1,000 at a 10% interest rate for seven years.
Your interest for the first year would be $100.
Your interest payment for the following year would be made up of the principal amount plus interest, or $1,100.
As a result, your interest for the following year would be $110 ($1,100 multiplied by 0.10).
So, the amount we will get after 5 years:
11000/100 * 3
= $330
5 years: 330 * 5
= $1,650
Then, the amount after 5 years: 1650 + 11000 = $12,650
Therefore, using the interest of 3% we know that after 5 years we will get back the amount of $12,650.
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what is the primary benefit that firms acquire if and when they decide to perform supply chain functions themselves?
The primary benefit that firms acquire if and when they decide to perform supply chain functions themselves is the ability to have more control over their supply chain.
By performing these functions themselves, firms are able to ensure that they have greater control over the quality of their products, the timeliness of their deliveries, and the overall efficiency of their supply chain. This can lead to improved customer satisfaction, increased profits, and a stronger competitive advantage in the marketplace.
Additionally, performing supply chain functions in-house can also lead to cost savings, as firms are able to avoid paying fees to third-party providers. Overall, the decision to perform supply chain functions in-house can provide firms with greater control, increased efficiency, and cost savings, all of which are important benefits in today's competitive business environment.
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the computations required to prepare the statement of cash flows include all of the following except equipment purchased with a note payable. the sale of investments in debt or equity securities. borrowing via notes payable or bonds. the sale of goods or services.
Three columns make up a conventional cash flow statement: cash from operating operations, cash from investment activities, and cash from financing activities.
The statement of cash flows contains what?The sum of the cash flows from operations, investments, and financing is known as net cash flow and is included in the cash flow statement. Cash flow from operations, or CFO, is the first section of the cash flow statement and comprises all transactions from operational business activities.
What are the seven procedures for creating a statement of cash flows?How to Create a Cash Flow Statement in 7 Easy Steps
In order to prepare a cash flow statement using the indirect approach, we will now go through the process step by step: To begin, gather the fundamental paperwork.
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Which two things should the Scrum Team do during the first Sprint?
A)
Develop a plan for the rest of the release.
B)
Create the complete Product Backlog to be developed in subsequent Sprints.
C)
Determine the complete architecture and infrastructure for the product.
D)
Develop and deliver at least one piece of functionality.
E)
Deliver an Increment of useful and valuable product.
During the first Sprint, the Scrum Team should develop and deliver at least one piece of functionality and deliver an increment of useful and valuable product. (Option D and E)
A Scrum Team refers to a collection of individuals which work together to deliver the required product increments. During the first Sprint, the Scrum Team should develop and deliver at least one piece of functionality and deliver an increment of useful and valuable product. This is because the first Sprint is meant to set the foundation for the rest of the project and begin delivering value to the customer as soon as possible.
Developing and delivering at least one piece of functionality allows the team to start delivering value and get feedback from the customer early on. Delivering an increment of useful and valuable products also ensures that the team is making progress towards the overall goal of the project and not just focusing on planning or infrastructure.
It is important to note that the Scrum Team should not try to develop a complete plan for the rest of the release or create a complete Product Backlog during the first Sprint. These tasks should be done incrementally throughout the project as the team learns more and adapts to changes. Similarly, determining the complete architecture and infrastructure for the product should also be done incrementally as the team learns more about the product and its requirements.
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in this week's guest video, jill silverboard shares a story of how the city of clearwater responded to the 2008 financial crisis by shifting the city's support functions to what organizational form?
An organizational is a business, institution, or group of people with a single, overarching objective (Commonwealth English; see spelling variations).
The term is derived from the Greek word organon, which is often used to describe a variety of equipment and instruments as well as an organ.There are many different types of legal entities, including corporations, governments, non-governmental organisations, political parties, international organizational , armed forces, nonprofit organisations, for-profit companies, partnerships, cooperatives, and educational institutions, to name a few.A hybrid organisation is one that concurrently generates commercial market activity in the public and private sectors while carrying out public duties.A voluntary association is a group that is run entirely by volunteers. Certain organisations may be allowed to exist without following formal legal rules depending on the jurisdiction.
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for a given set of foreign interest rates, the quantity of u.s. loanable funds demanded by foreign governments or firms will be u.s. interest rates. a. unrelated to b. inversely related to c. positively related to d. none of these choices are correct.
a hypothetical curve that depicts the willingness to borrow money to finance investment projects as the interest rate falls.
How does foreign investment impact loanable funds?2. Foreign investment - When foreign investors transfer their financial resources into a nation, the amount of loanable cash is increased. Real interest rates are a major factor in influencing economic growth.
How does interest rate impact loanable funds?From the perspective of a borrower (the source of demand in the loanable funds framework), as interest rates rise, the cost of borrowing rises and the individual (or firm) is less likely to borrow. As a result, the amount of funds requested lowers as interest rates rise.
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