The amount of loss that the company should disclose as "discontinued operations" in the year five income statement as of December 31, 2016, is $262,500 [$375,000 (1 - 30%)].
What is in a financial statement?The revenues, expenses, and profitability of a company over time are shown on an income statement. An earnings statement or a profit-and-loss (P&L) statement may also be used to refer to it. Your revenue from sales of goods and services is shown.
An income statement consists of what three elements?Financial statements other than income statements are typically given less consideration in business financial releases. From this reading, the following main concepts emerged: The income statement contains information on revenue, expenses, and net profit.
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identify the characteristics of operations where repetitive processing is used. multiple select question. the system has low flexibility. an assembly line system is used. highly skilled workers are employed. goods or services are standardized.
The repeating process makes use of modules and is product-focused. Modules are pieces or elements of a finished good that have already been produced or prepared, frequently in a continuous process.
What is repetitive process?Manufacturers who have a set output rate in mind use repetitive manufacturing. The procedure makes use of particular production lines that consistently produce the same products—or extremely similar ones—in large quantities.The repeating process makes use of modules and is product-focused. Modules are pieces or elements of a finished good that have already been produced or prepared, frequently in a continuous process. A company that uses modules in repeated processes is a fast-food chain. A repeatable process in project management is a series of steps that are simple to repeat. A repeatable process in this context can be a business process, a workflow schematic, a template, a programming instantiation, or a reusable program component.Equipment can be adapted for each individual activity, and discrete products follow the same flow of processes.The majority of repetitively produced goods are produced for stock.Operations managers typically concentrate on creating standardized practices and procedures to continuously raise quality and save costs.To learn more about repetitive process refer to:
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simultaneous production and consumption is a unique aspect of sport marketing as far as price is concerned. True/False ?
Simultaneous production and consumption are a unique aspects of sports marketing as far as price is concerned. The statement is False.
What is Sports marketing?The marketing or promotion of the sports industry is referred to as sports marketing. In sport marketing products related to sports industries are promoted by marketing agencies in order to gain the attention of viewers.
Assuming that there are live games played, sports marketers must also manage campaigns throughout these events. Since they were so widely visible during this time, sports marketers increased the recognized value of their products.
Therefore, the statement is false.
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Directions: There are 6 scenarios weirdly spaced Supply and Demand: For each problem do the following: Label s1 and d1 (Label the equilibrium point as e1) Read Scenario Is the scenario affecting Supply or Demand
It can be events affecting supply and demand such as changes in income, population, preferences, prices of substitutes and supplements, expectations of future prices, and so on.
Alternatively, it could be an event that affects supply, such as changes in natural conditions, input prices, technology, or government policies that affect production.
There is a four step process that allows us to predict how events will affect equilibrium prices and quantities using the supply and demand framework.
first step: Draw market models (supply and demand curves) that represent the situation before an economic event.
Step 2: Determine whether the analyzed economic event affects demand or supply.
Step 3: Determine whether the effect on demand or supply will increase (shift right) or decrease (shift left) the curve, and sketch a new demand or supply curve on the graph.
Step 4: Identify the new equilibrium price and quantity and compare the original equilibrium price and quantity with the new equilibrium price and quantity.
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The complete question is:
There are 6 scenarios weirdly spaced Supply and Demand: For each problem do the following: Label s1 and d1 (Label the equilibrium point as e1) Read Scenario Is the scenario affecting Supply or Demand and explain what are the 6 factors that can cause the supply curve to shift to the right?
beginning in 1866, texas cowboys would move cattle north more than 1,000 miles to bring them to market. this annual ritual became known as the .
The South overtook New England as the top producer of textiles between 1880 and 1900.
Which cattle trails did Texas cowboys use and what were cattle drives like?As early as the 1840s, the Shawnee Trail—also called the Texas Road or the Texas Trail—played a crucial role in Texas. However, in 1853, while 3,000 cattle were being trailed across western Missouri, local farmers obstructed their way and ordered the herds to turn around because the Longhorns were carrying ticks that transmitted Texas fever.
The Spanish word vaquero, which refers to someone who controls livestock while riding on a horse, was the source of the English word "cowboy." The name "vaquero" is derived from the Latin word "vacca," which originally meant "cow."
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Balance sheet items are usually entered in order of declining liquidity. Select the terms to place them in appropriate order in the balance sheet. Liabilities and Equity a. Cash and marketable securities b. Accounts receivable c. Inventories d. Total current assets e. Net fixed assets j. Long-term debt Total assets Total liabilities and equityPrevious questionf. Accounts payable g. Debt due for repaymert h. Total current liabilities Assets
Assets, liabilities, and equity are the three parts that make up the balance sheet. On the left are the assets, while on the right are the total liabilities and equity. The balance sheet, as the name implies, must always be in a state of equilibrium.
It is critical for a company to evaluate its financial health on a regular basis. Also, the balance sheet is a key analytical tool because it shows your company's financial position at a given point in time. Not only may a balance sheet be helpful in the aforementioned three situations, but it can also be put to a wide variety of additional purposes.
A fundamental skill is an ability to create a balance sheet. It is used by business owners as a financial journal. When deciding whether or not to extend credit to a business, banks and other financial institutions look at their applicants' balance sheets. Investors compare a company's assets to its liabilities to gauge its financial health.
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The right way of asking the question is:
Balance sheet items are usually entered in order of declining liquidity. Select the terms to place them in the appropriate order on the balance sheet. (Liabilities and Equity)
-Accounts Payable
-Net fixed assets
-Debt due for repayment
-cash and marketable securities
-equity
-total current assets
-accounts receivable
-total current liabilities
-inventories
-long-term debt
charlie has $40 in a savings account that earns 10% interest, compounded annually. to the nearest cent, how much interest will he earn in 2 years? use the formula b
Only for interest:
Alternatively, enter B=40(1+.05)
3 B=40(1.05) (1.05)
3 B=40(1.157625) (1.157625)
What exactly is interest?The price you offer to lend money or the expense of borrowing money is called interest. The most popular way to display interest is as a yearly proportion of the amount borrowed. This percentage indicates the loan's interest rate. The payment of extra over and above the principle amount to a lender or depositor by a lender or deposit-taking finance company is known as interest in the domains of economy and finance. It is distinct from any fees the borrower may be required to pay the borrower or another person.
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Companies generally design pension plans that areO noncontributory.O qualified.O insured.O contributory.
Companies typically create qualifying pension plans. Plans with defined benefits or defined contributions are both considered defined benefit arrangements.
Qualified pension plan: what is it?A defined benefit plan is a detailed plan created by an employer that satisfies certain IRS Code standards in terms of both structure and operation and is intended to provide state pension to selected workers and their beneficiaries.Employers may deduct their contributions to qualified plans, which allow for tax-deferred contributions from employees. Nonqualified plans are funded with after-tax monies, and often, employers cannot deduct their contributions from their taxes.Plans with defined benefits or defined contributions are both considered defined benefit arrangements. Traditional pension plans, 401(k) plans, or profit-sharing plans are a few examples of qualifying retirement plans.A qualified plan must comply in both format and operation with the Internal Revenue Code. Thus, the plan elements must be adhered to and must meet the criteria of the Code as stated in the plan document.To learn more about qualified pension refers to:
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Denver, Incorporated, has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. Assume the profit margin is 5 percent. a. What is net income? (Do not round intermediate calculations and enter your answer in dollars not in millions, e.g., 1,234,567.) b. What is ROA? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)a. Net income: ___b. ROA: ___c. ROE: ___
Denver Incorporated has a net income of $0.71 million.
Income margin is a statistic that measures how profitable an enterprise is. The efficiency of a company's use of its assets is measured by profitability ratios. Sales margin measures how much of a profit you make on each sale.
The formula for calculating a company's profit margin is as follows:
Profit Margin = net income / net sales
Given, Assume the profit margin is 5%.
5% = net income / $14.2 million
Net income = $14.2 million x 0.05 = $0.71 million
The term "return on assets" is commonly used in business. Return on assets is used as a metric for a company's profitability (ROA). Executives, analysts, and shareholders can gain insight into a company's asset utilization efficiency through calculations of its Return on Assets (ROA).
Return on Assets = [tex]\frac{Net Income}{Total Assets}[/tex]
Therefore, Return on Assets(ROA) = [tex]\frac{0.71 million}{11.3 million}[/tex] = $0.063 million
The return on equity is a measure of a company's efficiency in allocating shareholder funds (ROE). Profitability is evaluated by looking at how much money has been returned to shareholders. Gaining a greater rate of return on equity improves a company's ability to generate gains from equity funding.
Return on Equity = [tex]\frac{Net Income}{Shareholder Equity}[/tex] = [tex]\frac{0.71 million}{0.063 million}[/tex] = $11.3 million
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The right way of asking the question is:
Denver, Incorporated, has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. Assume the profit margin is 5 percent.
a. What is net income? (Do not round intermediate calculations and enter your answer in dollars, not in millions, e.g., 1,234,567.)
b. What is ROA? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c. What is ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
a. Net income: ___ b. ROA: ___ c. ROE: ___
the number of customers who want to purchase a specific product inside any market is best described as the:
The easiest way to describe demand in any industry is how many consumers desire to buy a particular product.
What do we mean by Demand?Demand is the term used to express a consumer's willingness and need to buy a product at a certain time or over an extended period of time.
Additionally, based on their planned disposable income, customers must be able to afford the goods they need or want.
Therefore, demand has an effect on market expansion and economic expansion.
Demand in economics refers to a consumer's willingness and desire to purchase products and services at a specific price.
When a good or service's price increases, demand often decreases.
Therefore, the easiest way to describe demand in any industry is how many consumers desire to buy a particular product.
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jane enters into a contract with jill to provide 100 roses for a dinner party. jill fails to deliver the roses. jane initiates a suit against jill, asking the court to order jill to refund jane's payment. jane is:
Jane files a lawsuit against Jill and requests that the judge force Jill to pay back the money she received from Jane.Jane is Plaintiff
What is the role of a plaintiff?Jane files a lawsuit against Jill and requests that the judge force Jill to pay back the money she received from Jane.Jane is Plaintiff .In contrast to the defendant, the party who is being sued, the plaintiff is the party who initiates or is represented in an action.In civil law and equity, this phrase is equivalent to petitioner, while in admiralty it is equivalent to libelant.Typically, "The People," or the State acting on behalf of the victim, is referred to as the plaintiff in criminal cases.The person or persons accused with a crime or violation of a law are known as the Defendant.The plaintiff in a civil case is the individual or people who claim that they have been the victim of wrongdoing.To learn more about plaintiff refer
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equifinality means . a. the final member of the team usually becomes a superior performer. b. when the team is adjourning, it invents a final history or story about itself. c. brainstorming is not used properly in teams d. there are several for a team to operate successfully. e. teams usually make a final decision based on the first idea discussed.
Equifinality means there are several for a team to operate successfully.
According to the Equifinality Principle, there are numerous methods to accomplish a task. According to the principle of equifinality, there are typically several outcomes for a particular scenario, and there is no one answer that applies to all circumstances.
The German scientist and philosopher Hans Driesch is responsible for the terminology and concept.
Equifinality is a hypothesis of the factors that influence behavior. Understanding this idea is crucial since it implies that there are multiple paths to achievement rather than just one.
This means that even though it may seem as though they have nothing in common, if one approach fails, another might succeed.
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what type of economic growth do most developed economies experience?two doctors who join forces in business form
Rapid growth is a type of economic growth do most developed economies experience.
What kinds of economic growth are there?
In an economy, there are typically three different types of growth. There are three types of growth: trend, potential, and actual.
A developed country, also known as an industrialized country, has a sophisticated economy that is typically gauged by average income per resident and/or gross domestic product (GDP).
Therefore, Developed nations have diversified industrial and service sectors as well as cutting-edge technological infrastructure.
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stockholders' equity total was $82,000 at the beginning of the year. during the year, net income was $60,000, dividends of $5,000 were declared and paid and $10,000 of common stock was issued at par value. calculate total stockholders' equity at the end of the year. (use only numbers in your answer.)
Closing stock holders equity = opening stock holders equity + Net income - Devidends + Stocks issues during the year
= 82000+60000-5000+10000 = $147000
When discussing ownership of assets with future liabilities, such as debts, we use the term equity. Liabilities are subtracted from asset values to determine equity for accounting purposes. For instance, if a person owns a car worth $24,000 and owes $10,000 on the loan used to buy the vehicle, the difference of $14,000 is equity. Equity may apply to a single item, such as a car or home, or to the entire business. A business that wishes to start out or expand its operations may sell shares to generate funds that don't have to be repaid within a specific time frame.
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investments in held-to-maturity debt securities are always current assets. group of answer choices true false
Investments in held-to-maturity debt securities are always current assets is false.
What is the actual meaning of debt?Anything owed to another person is considered a debt. Real estate, cash, services, or other considerations can all be included in debt. Debt is more specifically described as funds raised through the issuance of bonds in the field of finance. A loan is a type of debt, but it's also an arrangement where one person loans money to another.
Which four debt types are there?Debt can be classified as either secured or unsecured. Revolving and installment debt are included in those categories. These kinds of debt are distinct, despite the fact that you owe money.
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benton company is preparing its annual profit plan. as part of its analysis of the cost of its purchasing activity, management estimates that the $48,000 for purchasing support should be assigned to the individual vendors from the information given as follows: vendor avendor b units purchased100,000200,000 purchase orders (annually)624 number of shipments received1252 what is the amount of the purchasing costs that should be allocated to vendor b, assuming benton uses purchases orders to compute activity-based costs?
The percentage of purchasing costs that should be allocated to the vendor A Assuming Benton uses the number of shipments received,
[ 12 / (12 + 52) ] x48000
=$9000
A company buys cleaning supplies from the same vendor on a regular basis and orders relatively consistent amounts of the same products with each purchase. This is an illustration of a (n)
A straight rebuy occurs when a client purchases the same items in the same quantity and under the same terms from the same supplier.
It refers to a situation in corporate purchasing where the buyer reorders something without making any changes. It is usually handled on a regular basis by the purchasing department. In order to retain business, "in" providers strive to maintain product and service quality. "Out" providers look for novel ways to add value or exploit unhappiness in order to entice customers to consider them.
As a result, the answer is straight rebuy
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If the SEC does not agree with a standard issued by the private sector, it can: __________
A standard may be changed by the SEC if it is not in agreement with one that the private sector has issued.
The portion of the economy that is run by people and businesses for profit and is not under state control is known as the private sector. As a result, it includes all for-profit companies that are not owned or run by the government. Government-run businesses and companies are considered to be in the public sector, whereas charities and other nonprofits are considered to be in the voluntary sector.
A country's private sector is the portion of the economy that is owned, controlled, and run by private persons or businesses. In comparison to the public sector, the private sector employs more people and seeks to make money. A public sector entity can be privatized or a new business might be established to operate in the private sector. Large private sector corporations might be privately held or traded publicly. Private sector companies compete for consumers' dollars by lowering prices for goods and services; in theory, consumers won't pay more for an item if they can get it elsewhere for less money.
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Which is the best description of mixed economy ?
A. The people and the government both play a role in economic decisions.
B. Economic decisions are determined based off of what has always been done.
C. The government makes all of the economic decisions.
D. The people make all of the economic
decisions.
The correct option is C. The best description of a mixed economy of the government makes all of the economic decisions.
A mixed financial system is variously defined as an economic machine mixing elements of a marketplace financial system with elements of a deliberate financial system, markets with state interventionism, or private agency with a public organization. not unusual to all blended economies is a combination of loose-market ideas and concepts of socialism. at the same time as there may be no single definition of a mixed economy, one definition is set as a mixture of markets with country interventionism, referring especially to a capitalist marketplace financial system with robust regulatory oversight and enormous interventions into markets.
Another is that of lively collaboration of capitalist and socialist visions. but every other definition is apolitical in nature, strictly relating to an economy containing an aggregate of private corporations with a public company. as a substitute, a blended economic system can seek advice from a reformist transitionary phase to a socialist financial system that permits an enormous position for the non-public company and contracting inside a dominant economic framework of public ownership. this could amplify a Soviet-type deliberate financial system that has been reformed to incorporate a more role for markets inside the allocation of factors of manufacturing.
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rococo furniture was designed to be attached to walls as permanent fixtures in rooms. question 4 options: true false
Rococo furniture was designed to be attached to walls as permanent fixtures in rooms are false.
What kind of furniture is in the Rococo style?
By utilizing lighter wood, pastel colors, or white hues, Rococo furniture had a light appearance. Because cabriole legs were frequently used on furniture, it was distinguished by airy weightlessness (legs that are light and thin with elegant s-like curves).
It is untrue that Rococo furniture was intended to be permanently affixed to walls as fixtures in rooms. A cross-shaped design was practically universal in baroque churches and basilicas.
Therefore, Rococo Revival furniture used a range of woods, with rosewood and mahogany predominating in more expensive pieces.
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which of the following best describes an entrepreneur? group of answer choices a special type of capital. a person who works as an office clerk at a major corporation. a person who combines the factors of production to produce innovative products. wealthy individuals who provide savings that stimulates the economy.
An entrepreneur is defined as an individual wealthy individuals who provide savings that stimulates the economy.
What exactly is an entrepreneur?
An entrepreneur is a person who has an idea, tries to turn that concept into a marketable product or service, and establishes a business to help them in their endeavor.
An entrepreneur, who typically assumes the majority of the risk and responsibility for their new company, is seen as a visionary or an inventor.
What makes anything an entrepreneur?
Entreprendre, a French verb from the thirteenth century that means "to accomplish something" or "to undertake," is where the word "entrepreneur" comes from.
By the sixteenth century, a person starting a business enterprise was referred to as an entrepreneur using the noun form.
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why is there a large presence of petroleum in the top chart, but only a small presence in the bottom chart
Because oil and gas are more buoyant than pore-filling waters under pressure, they will gradually move upward to areas of lower pressure and will rise all the way to seeps at the surface unless they are blocked by a caprock or seal—that is, one or more layers with permeability so low that they effectively block the flow of oil and gas.
Water, which is also the substance that all known living things use as a fluid, is the primary component of the hydrosphere on Earth. It is an inorganic substance that is clear, tasteless, odorless, and almost colorless. Despite not providing food, energy, or organic micronutrients, it is essential for all known forms of life. Its molecules are made up of two hydrogen atoms joined by covalent bonds and have the chemical formula H2O. At a 104.45° angle, the hydrogen atoms are joined to the oxygen atom. H2O in its liquid condition at standard pressure and temperature is also referred to as water. In the natural world, water is present almost everywhere.
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Marketers who want to evaluate whether or not a specific marketing initiative was successful would do so by using business metrics to measure performance. This marketing strategy is referred to as ____________.
a. Logistics
b. A SWOT analysis
c. A situation analysis
d. Marketing analytics
e. The marketing concept
Marketers evaluating whether or not a specific marketing initiative was successful would do so by using business metrics to measure performance. This marketing strategy is marketing analytics
The analysis of data for marketing purposes is known as marketing analytics. Businesses are able to better understand what motivates consumer behaviour, hone their marketing strategies, and maximise their return on investment by applying technology and analytical procedures to marketing-related data.
Business indicators used by marketers to assess the performance of certain marketing campaigns include conversion rates, return on investment (ROI), and customer lifetime value. It enables the company to better target its marketing efforts, optimise consumer insights, and increase return on investment. Marketing analytics can therefore be used by marketers to determine whether or not a particular marketing endeavour was effective by using business data to gauge performance.
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what is the first step in managing quality effectively? a. achieving six sigma b. understanding the meaning of quality c. making a strategic commitment d. winning the malcolm baldrige award e. balancing cost with quality
The first step in managing quality effectively achieving six sigma.
Which steps include quality management?Quality planning, quality control, quality assurance, and quality improvement are the four primary phases of project quality management.Your company procedures are the main focus of this phase. Steps consist of: Find out what your company's main operations are, as well as what part each person plays in carrying them out. Determine how each element of your business will perform within the organisation by identifying it.Development and QMS certification. The four quality process types ISO 9001, AS9100, Six Sigma, and CMMI are widely used in many different sectors. The selection of one is based on how well it fits the industry and how well workers and consumers are aware of the specific QMS.
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lacroix sparkling water advertises itself as a natural, zero-calorie alternative to other sweetened canned drinks like coke and pepsi. what approach to positioning is the soft-drink company using?
Soft-drink company using product category approach for positioning.
A soft drink is a beverage that typically contains water (often carbonated water), a sweetener, and a natural and/or artificial flavour. See Terminology for additional names for this type of beverage. Sugar, high-fructose corn syrup, fruit juice, a sugar substitute (in the case of diet beverages), or a combination of these may be used as the sweetener. Caffeine, colorings, preservatives, and/or other substances are all possible additions to soft drinks. In contrast to "hard" alcoholic beverages, soft drinks are referred to as "soft." A soft drink may include trace levels of alcohol, but in order for the beverage to be deemed non-alcoholic in many nations and regions, the alcohol concentration must be less than 0.5% of the entire volume of the beverage. Soft drinks come in a variety of flavours, including lemon-lime sodas, orange soda, cola, grape soda, ginger ale, and root beer.
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If a licensee has fiduciary duties to obey all lawful instructions from a client and also to exercise reasonable skill and care, which answer describes a situation in which there is a conflict between the two fiduciary duties
Ronna's duty of reasonable skill and care prohibits her from providing legal advice and supersedes her duty of obedience to Jefferson, her client.
A client is a person who receives advice or services from a professional, such as a lawyer or a health care provider, in business, commerce, and economics. Consumers are regarded of as "one-time purchases," whereas clients are looked of as "long-term recipients," and customers buy both products and services.
Client is derived from the Latin clientem or clinare, which means "to incline" or "to bend," the same origin as many other words including climate and slope. Clients of health care professionals are traditionally referred to as patients, while therapists frequently use the term client.
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what are some of the features of common project management software? (select all that apply.) multiple select question. assign resources to project activities track progress/performance of scheduled project activities flag missing precedence relationships between activities evaluate risk levels of activities such as probability of occurrence
assign resources to project activities, track progress/performance of scheduled project activities, and flag missing precedence relationships between activities are some of the features.
Whenever we talk about resources, we're talking about all the things that are available to us in our surroundings that are both economically and culturally viable, technologically accessible, and assist us meet our needs and desires. Resources may be roughly divided based on their availability into renewable and non-renewable resources. On the basis of their level of development and usage, they may also be divided into real and prospective categories. They can also be divided into biotic and abiotic categories according to their origin, and regional and omnipresent categories according to their dispersion. With time and the advancement of technology, an object becomes a resource. Increasing money, ensuring a system works well, or improving wellbeing are all advantages of resource use.
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Which of the following are gained by business leaders by when they recognize and show concern for others' needs
Each leadership style has its advantages, while some are more frequently regarded as desirable than others, such as transformative, democratic, and situational leadership.
Being an ethical company leader requires which of the following?
Effective leaders and ethical leaders can be distinguished by how they inspire people and accomplish their aims. The idea of accountability: with the exception of a larger role for business in defending and advancing societal well-being. They don't reciprocate the favours done by coworkers.
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the degree to which members of a work organization are able to satisfy important personal needs through their experiences in the organization is called a. quality of work life. b. system-wide change. c. structural change. d. change agent success. e. total quality management
Option (a), Quality of work life refers to how well employees are able to meet significant personal requirements as a result of their interactions with the company.
What exactly does the phrase "quality of work life" entail inside its literal sense?The phrase "quality of work life" is a caveat that describes how someone feels about all aspects of work, such as the financial advantages and perks the security of the job, the workplace environment, the interpersonal and professional relationships, as well as the intrinsic value of the work in one's life.
Quality of work-life is the extent to which employees of an organization may satisfy their own needs as a result of their time spent there. Its primary focus is on how to create a workplace where employees can work well together, promote corporate objectives, and get along with one another.
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"Answers to management questions are provided by:a. data scientistb. The Board of Directorsc. Informationd. Data"
An worker or business analytics (BI) consultant that specializes in analyzing data, especially huge volumes of data, is known as a data scientist.
What is information from the board of directors?A group of persons who defend the interests of the shareholders in a corporation is known as the board of directors. Additionally, it offers direction and counsel to the executive team and CEO of a company. Without being engaged in day-to-day operations, a board offers overall control of activities.One of the information sources accessible to a board is the CEO and employees. Along with other important executives, clients, and suppliers, directors can establish helpful communication channels the with director of advertising, production, R&D, or other departments.In essence, the board of directors' job is to select the company's CEO or head coach and to evaluate the company's overall strategy and direction. All other staff must be hired by the CEO or head coach, who also oversees the day-to-day management of the company.To learn more about management refers to:
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true or false: a trade obstacle, such as a tariff, may provide revenue for the issuing government, but it can also be a barrier to certain imports.
The following statement "A trade obstacle, such as a tariff, may provide revenue for the issuing government, but it can also be a barrier to certain imports" is true.
Tariffs are the charges placed on commodities when they pass national borders, generally by the government of the importing country. It is acceptable to use the terms tariff and customs duty.
Tariffs may be imposed either to increase income or to safeguard domestic industry. However, a tariff that is primarily intended to increase revenue may also have a significant protective effect, and a tariff that is primarily intended to protect domestic industries may generate revenue. In The Theory of International Trade (1937), Gottfried von Haberler proposed that comparing the impacts of revenue and protective levies on local vs foreign producers is the most effective approach to discern between them (regardless of the lawmakers' intentions).
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a customer purchases 10m of city of los angeles 7% g.o. bonds, maturing in 2041 at 90. interest payments are jan. 1st and jul. 1st. the trade took place on friday, may 2nd. how much accrued interest will the customer be required to pay the seller?
$243.05 accrued interest will the customer be required to pay the seller.
How much accrued interest will the customer be required to pay the seller?Municipal bonds have a 30 day month/360 day year interest accrual schedule, with interest accruing up to but excluding the settlement date. The transaction happened on May 1st, a Thursday.
3 business days after the trade date, settlement takes place. As a result, settlement occurs on May 6th, Tuesday. The buyer owes the seller the following because the final interest payment was received on January 1
January 30 days
February 30 days
March 30 days
April 30 days
May 5 days (up to, not including settlement)
125 days
125 days interest x $70 x 10 bonds
360 = $243.05
Note that "10M" stands for $10,000 face amount of bonds (M is Latin for $1,000).
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