Phase I
CURRICULUM VITAE
Personal information
Name: ABC
Email address:
Telephone number:
Career summary
Business management, risk management, and financial management are all parts of an MBA profession that entail management.
I have a strong track record of putting successful management techniques into practice and am an excellent problem solver.
I take great interest in all of my responsibilities and perform them with a lot of enthusiasm because I know they'll help with performance reviews.
Experience and abilities:
I obtained a lot of experience from different college programmes, including business administration and appropriate leadership for use in an organisation, after getting my bachelor's degree in my MBA career.
Along with that, I took part in a six-month internship programme that gave me the essential experience I needed for MBA employment.
I have all the necessary experience to use my management talents to increase production for your company as a result of my obtained experience.
Several of my abilities make me a good fit for this position:
Managing the workload.
Managing relationships with customers.
Strong leadership abilities.
Effective workplace communication.
Business prowess logical planning
Education.
2016–2020 Stanford University MBA Bachelor's Degree Program.
Accounting, finance, marketing, organisational behaviour, economics, management, and corporate ethics are pertinent course topics.
Additional details: language and skill.
Job as a volunteer.
Hobbies.
Phase II
Writing my CV offered me the opportunity to highlight my abilities, experience, and the job description that best fits me.
I had the chance to demonstrate my expertise and the calibre of my education, both of which I believe is crucial for landing a job today or in the future.
Writing my resume also gave me the chance to emphasise my successes, including finishing my MBA programme, getting an internship, and the many talents I've picked up from my experiences.
I was able to acquire the knowledge and expertise I needed for my work thanks to my resume.
The exercise was crucial to me since it allowed me to describe my background, schooling, and most significantly, my accomplishments to date.
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the sandy beach inn is located on the oregon coast and caters to an upscale clientele, offering such services as in-room massage, wedding packages, and catered beach picnics. after the rooms have been cleaned each day, all linens and towels are sent out for professional laundering. under activity-based costing, the cost of laundry service is a(n) activity.
Under activity-based costing, the cost of laundry service is a Batch Level activity.
Costs associated with the production of a batch of a single product are known as batch-level activities. Activities at the batch level could include ordering supplies, maintaining equipment, and doing quality checks. The five-faceted structure of activity-based costing includes batch-level activities.
Costs associated with the production of a batch of a single product are known as batch-level activities.
Activities at the batch level could include ordering supplies, maintaining equipment, and doing quality checks.
The five-faceted structure of activity-based costing includes batch-level activities.
Compared to more conventional types of volume accounting, activity-based costing offers a more thorough assessment of costs.
Eric Kohler pioneered activity-based costing in the 1930s, which led to the development of batch-level activity accounting.
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Lily is involved in the
part of the selling process.
Answer: selling process
Explanation:
Here are seven steps that are typically involved in making a sale:
1. Prospecting
2. Preparation or pre-approach
3. Approach
4. Presentation
5. Handling objections
6. Closing
7. Follow-up
according to the reaching beyond our borders box, which of the following is true? select one: a. corporate ethics are intended to be consistent with cultural ethics. b. corporate ethics have priority over corporate profit. c. corporate profits have priority over corporate ethics. d. corporate ethics can clash with cultural ethics. skip quiz navigation
(d.) corporate ethics can clash with cultural ethics. The extending beyond our boundaries box states that the following is true on how business ethics and cultural ethics might conflict.
Making a living or earning money via the production, acquisition, and sale of items is referred to as doing business (such as goods and services). Additionally, it includes "any activity or operation undertaken for profit." The owner of the business is responsible and liable for any obligations made by the business as the business entity is not legally distinguished from the owner by the use of a business name. In the event that a firm accrues debt, creditors may seize the owner's personal property. Corporate tax rates are not permitted in a firm structure. All business income is subject to personal taxation for the proprietor.
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several small vineyard owners in the napa valley region of california banded together to market their grapes and wine in an attempt to get better prices. over the years they expanded the organization to include other services such as buying and selling farm supplies and equipment and providing financial and technical services. the arrangement established by these vineyard owners is an example of a select one: a. closed corporation. b. joint venture. c. limited agricultural partnership. d. farm cooperative.
A Farm cooperative arrangement was established by these vineyard owners.
What exactly is a farm cooperative?
A farm cooperative is a type of agricultural business owned by farmers who pool their resources in their farm or livestock production by performing and adding various services methods such as packaging, distribution, providing financial and technical services, and marketing their production in order to obtain better prices and increased sales.
For example, Napa Valley vine owners banding together to include other services in order to increase profits from the sale of their produce.
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a funded excess benefit plan differs from a qualified plan because it a) provides benefits that are higher than qualified plan limits. b) is not taxed until benefits are actually received, even if there is no risk of forfeiture. c) is not subject to any erisa requirements. d) is taxed immediately upon its nontransferability.
A funded excess benefit plan differs from a qualified plan because it provides benefits that are higher than qualified plan limits.
'What is a Qualified Retirement Plan?'
An employer-sponsored retirement plan that satisfies the standards of the Internal Revenue Code and the Employee Retirement Income Security Act is referred to as a qualified retirement plan and qualifies for specific tax advantages. Tax deductions for employee and employer contributions as well as the deferral of investment gain taxes are a few examples.
Tax deductions for contributions and tax deferral on investment gains up until account withdrawal are a few of these advantages.
Plans with defined benefits or defined contributions are both considered qualified retirement arrangements. Traditional pensions, 401(k) plans, and profit-sharing plans are a few examples of qualifying retirement plans.
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in a system of 100-percent-reserve banking, question 8 options: deposits are banks' only assets. currency is the only form of money. banks do not make loans. all of the above are correct.
The right response is b, as banks have no impact on the money supply. All deposits are held by the banks themselves when the banking system is based on 100% reserve banking.
A bank is a type of financial institution authorised to grant loans and take deposits for checking and savings accounts. Individual retirement accounts (IRAs), certificates of deposit (CDs), currency exchange, and safe deposit boxes are other services that banks offer. Retail banks, commercial or corporate banks, and investment banks are just a few of the several sorts of banks. In the United States, banks are subject to both federal and state regulation. Since the fourteenth century, at least, banks have existed. They give customers and company owners a secure location to store their cash as well as a way to get loans for both personal and professional endeavours. Banks provide loans and charge interest on them using the money that is deposited.
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Which of the following represents the order and flow of manufacturing costs through the inventory accounts
The standard costs demonstrate the typical sequence and progression of production costs through the inventory accounts.
What are standard costs?The standard costing system's inventory and cost of products sold accounts will typically include the standard expenses for manufacturing activities. However, there may be some variations as the company may have to pay its suppliers and manufacturing staff based on actual costs incurred. These cost variations are recorded in separate variance accounts and reflect the differences between the standard costs and the actual manufacturing costs.
A positive balance in a variance account indicates that the business deviates from the profit plan. Even though standard costs might be a useful management tool, the manufacturer's external financial statements must still adhere to the cost principle and the matching principle.
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you are helping a friend list her home, but she is unsure of her acreage. she knows her property is 770 ft. x 524 ft. how many acres is the lot?
Answer:
9.26 acres
Explanation:
First multiply 770 by 524 to find the area of the property in feet
770 x 524 = 403,480 ft
now, divide the value in feet by 43,560, as that is how many feet are in one acre.
403,480/43,560 = 9.26 acres.
4.when an import tariff is imposed, explain how each of the following are impacted a.domestic price b.world price c.domestic sellers d.domestic buyers e.domestic government f.foreign sellers
The tariff's overall impact. to raise the domestic market price of the imported commodity.
What is import tariff?Industrial tariffs are customs taxes imposed on imports of non-agricultural goods and are assessed either on an ad valorem basis (as a percentage of value) or on a per-unit basis (for instance, $1 per 100 pounds). Definition of import tariffs. taxes a government imposes, either per unit or ad valorem, on the cost of imported foreign goods. The tariff's overall impact. to raise the domestic market price of the imported commodity. A tariff is a tax that a government imposes on goods and services that are imported from other nations. Its purpose is to raise the price of the imported goods and services and reduce their appeal or at the very least their ability to compete with domestic products.To learn more about import tariff refer to:
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T/F. Joel has a 1966 Mustang, which he sells to Susie, an avid car collector. Susie is pleased since she paid $8,000 for the car but would have been willing to pay $11,000 for the car. Susie's consumer surplus is $2,000.
True, Joel has a 1966 Mustang that he sells to Susie, an enthusiastic automobile collector, and Susie's consumer surplus is not $2,000.00,it is $3,000.00.
Consumer surplus, often known as buyer's surplus, is an economic indicator of an user's excess benefit. It is calculated by comparing the public's intention to pay for an item to the amount they actually pay, also termed as the market rate.A surplus happens when a product's willingness to pay is larger than its market price. The economic notion of marginal utility, which is the additional satisfaction gained by consuming one more unit of a product or service, provides the foundation for consumer surplus. Because of variances in personal tastes, customer satisfaction differs.
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barbara's annual performance review incorporates performance appraisal data collected not only from her supervisor but also from her coworkers, subordinates, and even her customers. what type of performance management practice does barbara's company use?
Barbara's organization uses the 360-degree performance style of performance management.
A 360-degree performance management system: what does it involve?Employers who use a 360-degree performance evaluation, also known as 360-degree feedback or multi-rater feedback, to evaluate employee performance from a range of perspectives as opposed to only one-on-one feedback from a direct boss are said to be doing so.
Why 360-degree performance is importantThrough the completion of 360-degree feedback, raters have a greater understanding of the values and behaviors necessary for a successful team. By basing them on how others are seen, team members can establish their own expectations for behavior and performance.
What benefits does doing a 360-degree review when assessing performance have?An employee's areas of strength and weakness should be identified and understood as part of a 360-degree performance evaluation in order to improve both personally and organizationally. It supports the definition of roles, talent evaluation, career planning, growth of leaders, and team building.
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as a result of roosevelt's embrace of the economic policies of john maynard keynes and the need for social welfare legislation, the term liberalism came to be associated with
As a result of Roosevelt's embrace of the economic policies of Keynes and the need for social welfare legislation, the term liberalism came to be associated with government intervention to guarantee citizens' basic welfare.
What is liberalism?
The principles of individual rights, freedom, consent of the governed, political equality, and equality before the law form the foundation of liberalism, a political and moral philosophy. Depending on how they interpret these guiding ideas, liberals hold a variety of positions. The goal of liberalism was to eliminate governmental limitations on the flow of money and products.
In a democracy, what is liberalism?
A system of checks and balances between the executive and legislative branches of government, as well as the separation of powers, are all important aspects of liberal democracy. Liberal democracies often have multi-party systems with at least two enduring, viable political parties.
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The local alpaca rancher begins year 1 with 80 animals. She acquires 4 additional animals each year, and each year 10% (rounded to the nearest integer) of the alpacas present at the beginning of the year are stolen by rustlers. For example, in a year where there are 73 animals at the beginning of the year, 7 would be abducted at the end of the year. The rancher needs to know how many alpacas she will have at the end of year 10. The spreadsheet she employs can be found below. In cell E6 the first cell address referred to was cell C6. If the formula is entered in cell E6 and is copied down through E7:E15, what completes the formula
The correct answer to the following question will be "B9:B18-ROUND(0.1*B9:B18,0) +C9:C18".
What is spreadsheet?A spreadsheet is a software program for organizing, calculating, and storing data in tabular form. Spreadsheets were created as digital counterparts to traditional paper accounting spreadsheets. Data entered into table cells is what the application uses to operate. Each cell may include text, numeric data, or formula results that calculate and display values according to the contents of neighboring cells. One such electronic record may also be referred to as a spreadsheet. Users of spreadsheets can change any fixed amount and watch the changes in calculated values. This enables quick investigation of numerous scenarios without the need for manual recalculation, making the spreadsheet helpful for "what-if" study. Multiple sheets can interact in modern spreadsheet software, which can also show data as text or numbers.
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"B9:B18-ROUND(0.1*B9:B18,0) +C9:C18" will be the right response to the following query.
What is a spreadsheet?A spreadsheet is a piece of software used for tabular data organization, calculation, and storage. Spreadsheets were developed as electronic replacements for the old-fashioned paper accounting spreadsheets. The programme runs on data entered into table cells. Text, numerical information, or formula results that compute and display values based on the contents of nearby cells may all be included in a cell. An example of one such electronic record is a spreadsheet. Spreadsheet users may alter any fixed quantity and observe how the computed numbers change. The spreadsheet is useful for "what-if" analysis since it permits speedy exploration of several situations without the need for manual recalculation.
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there are four principal prerequisites for transforming a mobile home into real property: (1) obtaining a building permit; (2) attaching the mobile home to an approved foundation; (3) recording a document reflecting that the mobile home has been affixed to an approved foundation system; and:
1) Obtaining a Building Permit: Before transforming a mobile home into real property, you must obtain a building permit from the local government agency responsible for issuing such permits.
What is permits?A permit is an official document issued by a government or other authorized body that grants permission to do something, such as build a structure, operate a business, or conduct an activity that would otherwise be illegal.
This permit is necessary to ensure that the mobile home meets all safety and zoning requirements.
2) Attaching the Mobile Home to an Approved Foundation: To make a mobile home real property, the mobile home must be attached to an approved foundation. This foundation must be built to meet local requirements for safety and structural integrity.
3) Recording a Document Reflecting the Mobile Home is Affixed to an Approved Foundation System: Once the mobile home is attached to an approved foundation, you must record a document with the local government agency that reflects that the mobile home has been affixed to an approved foundation system. This document serves as public record, verifying that the mobile home is now real property.
4) Completing all Necessary Paperwork: After the mobile home has been attached to an approved foundation and a document has been recorded, all necessary paperwork must be completed. This paperwork may include filing additional documents, such as a deed, with the local government agency. Once the paperwork is completed, the mobile home is officially considered to be real property.
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the reasons that nations trade includes the fact that a) the wants of their citizens exceeds their productive capacity. b) no one country produces all of what citizens within the country want. c) different countries have different levels of greed.
One of the grounds why nations trade is because no one state can satisfy all of the needs of its citizens. Its population's needs outweigh their capacity for production.
What motivates bridge trade between nations?The five main factors that influence global trade are: the availability of government regulations, variances in innovation, variations in endowments, variations in consumption, and the existence of economies of scale. There is often only one deal motivator in trade models.
Trade occurs when nations are unable to fulfill their own requirements and wants due to a lack of resources or ability. By using and growing their limited domestic resources, governments can generate an overflow and trade it for the funds they need.
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what is an example of a strategic industry? a. automotive b. defense c. general manufacturing d. consumer products
an example of a strategic industry consumer products because it is a strategic industry of value to the country. Hence we can say that D is the right option.
Similar to shipping, shipbuilding is a national strategic business that requires an official national marine policy. It receives subsidies because it is a valuable strategic industry for the nation. This sector not only plays a significant strategic role, but it also affects the entire nation.
These industries include banking, insurance, and financial services, as well as atomic energy, space and defence, transportation and telecommunications, power, petroleum, coal, and other minerals. All CPSEs in the non-strategic sector will be sold or, if that is not practicable, closed.
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Are hazardous materials consumable?
Hazardous materials are substances or compounds that can be harmful to the environment, constitute a risk to human health, or both. dangerous materials are indeed consumable.
Hazardous materials are chemicals or mixtures that pose a risk to human health, the environment, or both. A dangerous good is any solid, liquid, or gas that puts humans, other living things, property, or the environment in danger. Similar terminology known as "hazardous substance" is almost solely used in the United States . Items may be categorized as dangerous if they are radioactive, flammable, explosive, toxic, corrosive, biohazardous, an oxidizer, an asphyxiant, a pathogen, an allergen, or if they possess additional characteristics that make them harmful under specific circumstances. This category should include general topics on the use and handling of hazardous materials. Paints, fluorescent lights, mercury-containing batteries, industrial solvents, and other items are some examples of hazardous wastes.
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If a company is operating in a developing or less-developed country, which type of challenge can arise that would affect the shipping and movement of physical goods in a country?a) a technology challengeb) a leadership challengec) an infrastructure challenge
If a company is operating in a developing or less-developed country, c) an infrastructure challenge can arise that would affect the shipping and movement of physical goods in a country.
When operating in a developing or less-developed country, companies may face an infrastructure challenge that can hinder the effective shipping and movement of physical goods.
This issue can be particularly pronounced in countries with inadequate transportation networks, unreliable energy sources, or a lack of warehouses and other storage facilities. To ensure that goods can be efficiently moved from point A to point B, companies must invest in the necessary infrastructure to facilitate the safe and timely delivery of products.
This can involve constructing warehouses, investing in reliable energy sources, and developing efficient transportation networks.
By taking the necessary steps to address the infrastructure challenges, businesses can ensure that their products reach their destinations on time and in the best condition possible.
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which of the following are advantages of mrp? multiple select question. assumption of constant lead time ability to evaluate capacity requirements a means to allocate production time items being produced differently from the bill of materials low levels of in-process inventory
The benefits of updating MRP data using net change. The system only receives the modifications. Other than that, nothing changes.
What does MRP mean?Planning for material requirements is a strategy for figuring out what materials and parts are required to make a certain product. It entails three main steps: listing the elements and materials already present, deciding which more are required, and then planning for their manufacture or acquisition.
Describe MRP and ERP.Both MRP and ERP technologies are software applications that assist you in managing your business through wise forecasting and your selected business priorities; however, MRP has a manufacturing specific focus, whilst ERP covers both a business and supply chain management.
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Which of the following statements by Tom demonstrates that his buying plans obey the law of demand? A. The only thing that's changed is the price of textbooks: they've become more expensive and now I'm not buying as many B. I can't afford as many textbooks because my rent has increased. C. At an average price of $80 per text book, I plan to buy 5 text books per semester D. For me, a good course website is a substitute for a textbook.
The correct statement is for obey the law of demand "the only thing that's changed is the price of textbooks, they've become more expensive and now I'm not buying as many.".
In the classroom, textbooks are utilized to teach pupils about a variety of subjects. In order to help students understand more about their subject, they may also be employed as learning tools. Students might learn about significant themes in history, mathematics, physics, and other subjects by consulting textbooks.
The learning process' elements and strategy are predetermined by the textbook. It regulates the learning's topics, approach, and processes. Students pick up the information that is offered in the textbook; in those other words, they learn it in the same way that it is presented in the book.
Therefore, the correct answer will be option (a)
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Answer the question on the basis of the following total utility data for products L and M. Assume that the prices of L and M are $3 and $4 respectively and that the consumer's income is $18.
U of L -TU - U of M TU
1 9 1 16
2 15 2 28
2 18 3 36
4 20 4 40
5 21 5 42
Refer to the data. What level of total utility does the rational consumer realize in equilibrium?
51 utils is the degree of total utility that a logical consumer will realize in a stable situation.
Can you measure utility with utils?Although it is abstract and difficult to evaluate the benefit or satisfaction that consumers experience, the Spanish word for helpful, util, is employed to quantify utility. As a result, economists assess utility in terms of preferences that have been made known by observing consumer behavior.
How does one calculate total utility using utils?Total utility is calculated by economists using the basic formula shown below: MU2 and MU3 together make up TU. The overall utility is calculated as the sum of the utils gained from each unit of consumption. As more units are used, the usefulness of each unit of consumption should slightly decline.
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Potential for variability in the possible outcomes associated with an investment called__
Potential for variability in the possible outcomes associated with an investment called risk. An actual investment is one that a company really makes over a predetermined length of time.
Risk is the potential for variation in the potential results of an investment. This speaks to the ambiguity or unpredictable nature of investment returns. Different investments have varying levels of risk, which is typically quantified by the investment's volatility or standard deviation of returns. High-risk investments have a higher chance of producing significant returns but also a higher risk of losing money. Low-risk investments have a lower chance of yielding high returns, but they also have a lower chance of going under. When choosing which investments to make, investors must take into account their own risk appetite and investment objectives. It's crucial to realise that while risk is a component of all investments, it can be controlled through diversification and other buying techniques.
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Substituting residues in a peptide with which amino acid will most likely result in a peptide with an increased pI? a. Lys b. Glu c. Gln d. Val.
Option b is correct. It has been found that similar substitutions to exchange glutamic acid for lysine can result in mutant proteins with reduced stability or reduced ability to bind DNA as a dimer.
Nucleotide error leading to abnormal synthesis of the beta chain of hemoglobin S, a single amino acid substitution of valine for glutamic acid in the beta chain causing sickle cell anemia.
What four substituents are present in all amino acids? In amino acids, the four valence positions of the nuclear carbon atoms are occupied by four substituents (alpha carbons). These include: hydrogens, carboxyl groups, amino groups, and variable groups known as R groups. Because of the substituents, amino acids are also called substituted methane. Variations in the gene sequence may result in the addition of different amino acids to the polypeptide chain rather than the normal amino acids. This changes the structure and function of the protein.
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Which one of the following terms is defined as the management of the firm's long-term investments:A. Working capital managementB. Financial allocationC. Agency cost analysisD. Capital BudgetingE. Capital Structure
The process of managing a firm's long-term investments is called Capital budgeting.
In the modern era, the most crucial financial activity is the effective deployment of money. Choosing whether to invest company funds in long-term assets is part of the process.
Organizing and managing a company's long-term investments is done through capital budgeting. When developing a capital budget, the finance manager searches for investment possibilities that are more advantageous to the business than they are expensive to attain.
There are seven essential capital budgeting techniques or strategies: payback period, discounted payment period, net present value, profitability index, internal rate of return, and modified internal rate of return. Capital budgeting is a method used by investors to determine the value of new investment projects. \
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the theory of contestable markets places more emphasis than orthodox market structure theories on group of answer choices the issue of entry into and exit from an industry. the number of sellers in an industry. who has access to relevant information. the type of product produced in an industry.
The theory of contestable markets places more emphasis than orthodox market structure theories on the issue of entry into and exit from an industry, the number of sellers in an industry, and who has access to relevant information.
What is contestable markets?Contestable markets are markets in which firms can enter or exit easily and quickly. This means that firms can enter or exit the market without facing substantial economic or legal barriers. This type of market structure can lead to increased competition, as firms can enter or exit the market in response to changes in price or other market conditions. Contestable markets are also characterized by low entry and exit costs, few restrictions on entry or exit, and a lack of significant market power. This type of market structure is beneficial to consumers, as it encourages competition and promotes efficient pricing.
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a preferred stock from hecla mining company (hlprb) pays $2.30 in annual dividends. if the required rate of return on the preferred stock is 5.8 percent, what is the fair present value of the stock?
The fair present value of the preferred stock from Hecla mining company will be $39.65.
Value of the stock = dividend per share / required rate of return
= 2.30 / 5.8% = $39.65
Compared to common shareholders, preferred stockholders have priority claims to a company's remaining earnings. In other words, preferred stock dividends are paid out before common stock dividends. Dividend per share by the necessary rate of return equals the price of a preferred stock share.
Compared to common stock, preferred stock frequently offers better consistency and cash flow. As a result, preferred stock is frequently purchased by investors who want to hold stocks without overexposing their portfolio to risk. Preferred stock also has favourable tax status; as a result, institutional investors and big businesses may be drawn to the investment because of its tax benefits.
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Suppose all household incomes in california increase by $5,000. How does that change the standard deviation of the household incomes?
The standard deviation of the household incomes goes up by 5%.
What is standard deviation?
The standard deviation is a measure of variation from the mean that takes spread, dispersion, and spread into account. The standard deviation reveals a "typical" divergence from the mean. It is a popular measure of variability since it retains the original units of measurement from the data set.
There is little variety when data points are near to the mean, and there is a lot of variation when they are far from the mean. How much the data differ from the mean is determined by the standard deviation. Standard deviation, which is based on all data, is the most often used metric for measuring dispersion. As a result, the standard deviation's value can be affected by even a slight change in one number.
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on march 16, john write, owner of complete computer service, contributed a building to the business with a fair market value of $3,000 in exchange for capital. the journal entry to record this transaction would be:
The journal entry to record this transaction would be building debit 3000 write, capital credit 3000.
Which of the following is a list of accounts that exemplifies the arrangement of accounts in the accounting system?
An index of all the accounts in an accounting system is provided by a chart of accounts (COA), a financial and organizational tool. This gives information about all of the business's financial transactions.
The account is the comprehensive record of all adjustments made to a specific asset, liability, or owner's equity over the course of a period.
Therefore, It is a record or statement of the money spent and money received for a specific time or goal.
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which of the following questions that companies consider is most closely related to the scope component of a strategy? a. what feedback have we received from customers about our product? b. what are the markets in which we want to compete? c. how much money should we invest in each of our divisions? d. what are the strengths and weaknesses of our competitors? e. how can we improve our customer service after the sale?
What are the markets in which we want to compete is most closely related to the scope component of a strategy
What is considered as markets?Using a business market is a strategy used by a corporation to offer goods or services to a certain clientele. Business markets frequently enable transactions between businesses when one intends to reuse or resell the goods or services of another. The commercial market is divided into four segments. They include the reseller, producer, institutional, and government markets. Producer markets are businesses that buy goods with the intention of making a profit. This completes your knowledge of the six categories of market segmentation: transactional, needs-based, needs-based geographic, psychographic, and demographic.What markets do we wish to compete in is most directly related to the strategy's scope component.To learn more about markets refer to:
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division of labor is the separation of work into different jobs to be done by different people. a. true b. false
The concept here is the Division of labor, it is the separation of the tasks in any economic system or organization so that participants may specialize. The answer is option A, true.
Division of labor is the division of a work process into a series of tasks, each performed by a separate person or group of people.
Division of labor is an important economic term that refers to the division of labor in a production process. Division of labor can also be referred to as specialization, where employees are assigned smaller, manageable tasks that add up to a larger core business.
The division of labor is essential for economic progress because it enables specialization in certain tasks. Specialization makes workers more efficient, which lowers the overall cost of producing a good or providing a service.
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