If the economy is in long-run equilibrium with 6% inflation and 3% economic growth, and the federal reserve permanently decreases the rate of money supply growth, the long-run result will be A) the Solow Growth Curve shifts to the right.
A frame is said to be in equilibrium if it does now not reveal an exchange in its rest or uniform movement, even below the effect of external forces. Forms of equilibrium: strong equilibrium. Unstable equilibrium.
The three characteristics of equilibrium are: The ahead rate and the reverse charge need to be identical. The value of the equilibrium regular does now not exchange at a given temperature but adjusts as the price of temperature adjustments. There's no effect on equilibrium by using a catalyst.
Equilibrium is achieved when the forward charge of a response is identical to the opposite fee of a response. This very simple precept may be discovered in a closed container of liquid. In the box the liquid has vapor stress this is prompted by using the pressure above the liquid.
Disclaimer: The question is incomplete. Please read below to find the missing content.
Question: If the economy is in long-run equilibrium with 6% inflation and 3% economic growth, and the Federal Reserve permanently decreases the rate of money supply growth, the long-run result will be...
A) the Solow Growth Curve shifts to the right.
B) An inflation rate of less than 6%, and an economic growth rate of 3%.
C) An inflation rate greater than 6% and economic growth of 3%.
D) An inflation rate greater than 6% and economic growth greater than 3%.
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When the direct write-off method is used, an entry for bad debt expense is required.
The entry for bad debt expense must debit Bad Debts Expense and credit Accounts Receivable when the direct write-off technique is applied.
When using the direct write-off technique, a bad debt expense item is necessary.When a customer's account is really written off, the bad debt charge is first shown on a company's income statement via the direct write-off technique. This usually happens months after the credit sale was made and is recorded using an entry that credits Accounts Receivable and debits Bad Debts Expense.
Businesses can reconcile these amounts in financial statements by using the direct write off technique of accounting for bad debts. The business records the debt in two accounts in order to use the direct write off method: Bad debts are charged as expenses. Receivables from Customers as a Credit.
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consider a company which had revenues of $28 million over the last twelve months. depreciation and amortization expenses were $9 million. operating margin was 37.2%. it has $20 million of debt, $4 million in cash, and 13 million shares outstanding. comparable companies are trading at an average trailing ev/ebitda multiple of 24. how much is each share worth using relative valuation?
Revenue is the cash generated from ordinary commercial enterprise operations, calculated because the common income fee instances the wide variety of devices sold.
The required details for Revenue in given paragraph
Revenues or income = $ forty one million
Depreciation & Amortization ( D&A) = $ 8
Operating margin = EBIT / income = 31.3 % = 0.313
EBIT = income x 0.313
EBIT = $ forty one m x 0.313
EBIT = $ 12.833
EBITDA = $ 12.833 + D&A = $ 12.833 + $ 8 = $ 20.833 m
Given
Comparable enterprise EV / EBITDA = 15
EV = EBITDA x 15 = $ 20.833 m x 15 = $ 312.forty nine m
Enterprise Value (EV ) = marketplace cost of equity + marketplace cost of debt - cash
marketplace cost of debt = $ 27 m
cash = $ 7 m
Substituting the values we get
$ 312.forty nine m = marketplace cost of equity + $ 27 m - $ 7 m
marketplace cost of equity = $ 312.forty nine m - $ 27 m + $ 7 m
marketplace cost of equity = $ 292.forty nine m
Number of stocks outstanding = 7 million
marketplace cost of equity = Price of percentage x wide variety of stocks outstanding
$ 292.forty nine m = Price of percentage x 7 m
Price according to percentage = $ 292.forty nine m / $ 7 m
Price according to percentage = $ forty one.78
Therefore enterprise's percentage fee = $ forty one.78
Revenue is cash delivered right into a enterprise with the aid of using its commercial enterprise activities. There are exclusive approaches to calculate revenue, relying at the accounting approach employed.
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images from the great depression included lines of people standing at their financial institution waiting to withdraw their money because they didn't trust the money would be there when they needed it. what was this an example of?
In all, 9,000 banks failed--taking with them $7 billion in depositors' assets. And in the 1930s there was no such thing as deposit insurance--this was a New Deal reform.
An asset is any aid owned or managed by a commercial enterprise or a monetary entity. it's miles something (tangible or intangible) that can be used to provide tremendous financial value. assets represent the value of ownership that may be transformed into coins (despite the fact that coins themselves are also considered an asset).[1] The balance sheet of a firm records the economic[2] value of the assets owned by that company. It covers money and different valuables belonging to a character or to a business.[1]
Belongings can be grouped into major instructions: tangible assets and intangible belongings. The tangible property comprises various subclasses, which include contemporary belongings and glued property.[3] cutting-edge belongings include cash, inventory, and accounts receivable, while fixed belongings include land, buildings, and gadget.
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a salesperson's best chance for making a sale is to get involved with the buyer when they are in the stage of the buying process?
When a buyer is in the "Recognition of Need" stage of the buying process, a salesperson has the best chance of making a sale.
How many steps are there in the sales process?
Make contact with the client.Find out what the client wants.Provide an answer...Finish the sale.Finish the sale and keep in touch.What are the seven stages or steps of the process for a new product?
The seven stages of the product development process are essentially the same regardless of industry: planning, ideation, research, prototyping, sourcing, costing, and commercialization are all phases.
Analyses of Other Options The consumer has already conducted sufficient research regarding the kind of product that can address his issue. The next thing to do is look into other products that might help him.
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why does the inclusion of women on corporate boards improve company performance? all of these answers are correct. women bring different life experiences to discussions. women are more likely to raise multiple stakeholder concerns. alternative courses of action are more realistically considered.
The inclusion of women on corporate boards improve company performance as women alternative courses of action are more realistically considered, Women bring different life experiences to discussions, Women are more likely to raise multiple stakeholder concerns.
More frequently than ever before, women in leadership positions are shifting jobs, and driven young women are prepared to follow suit. If companies want to make genuine, long-lasting progress toward gender equality, they must go above and beyond the bare criteria.
Compared to male executives, women leaders are far more likely to leave their jobs in order to have more flexibility or work for a company that is more committed to the welfare of its people. They are more than 1.5 times as likely to have left a previous role as males at their level, and these traits have only risen in importance for female leaders over the last two years.
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about 80% of all wholesalers are . they typically are independent companies that take title to goods that they resell to retailers.
Merchant wholesalers account for approximately 80% of all wholesalers. They are typically independent businesses that take ownership to products and resale them to retailers.
A merchant is a business or individual who sells goods or services. An ecommerce merchant is someone who only sells on the Internet. A merchant will sell the items to the consumer for a profit and, by law, will owe the customer a duty of care owing to his knowledge of the things he is selling. A merchant can be either a wholesaler or a retailer, and things can be sold from one source to another. A merchant is a broad term for someone who sells anything, with the only criterion being that the product or service is being sold for a profit. Local dealers such as bakers, grocers, and shopkeepers were included among merchants in the 16th century.
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putting a bold disclaimer at the front of the handbook that says it is not a contract and requiring employees to sign the disclaimer is an attempt by businesses to:
Putting a bold disclaimer at the front of the handbook that says it is not a contract and requiring employees to sign the disclaimer is an attempt by businesses to protect themselves from being found to create an implied contract.
The implied contract refers to a legal obligation occurring due to the action, behavior, or situation of the parties involved in that contract. It is considered legal just like any other contract created legally and voluntarily between the parties.
The implied contract does not require any verbal or written confirmation between the parties involved in it. In some circumstances, it is difficult to enforce an implied contract due to a lack of evidence.
The underlying principles in an implied contract are based on fair play, where no party gets an undue advantage or benefit at the loss of the other party.
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new strategies often entail budget reallocations because . a. revamping the performance of value chain activities can be costly b. the accompanying policy revisions and compensation incentives tend to require different levels of funding than before c. business units important in the prior strategy but having a lesser role in the new strategy may need downsizing, while units and activities that now have a bigger and more critical strategic role may need more people, new equipment, additional facilities, and above-average increases in their operating budgets d. empowering employees to carry out the new strategy elements and shifting to a total quality management type of culture to build skills in competent strategy execution typically require substantial new funding and budget revisions e. adopting best practices and pushing for continuous improvement tends to reduce costs and reduce overall resource requirements
New strategies often entail budget reallocations because business units that played a significant role in the previous strategy but have a smaller role in the new strategy.
So, the correct option is C.
The budget reallocation might need to be downsized, whereas activities and units that now play a bigger and more important strategic role might need to be expanded. In addition to above-average increases in operating budgets, it might also require more personnel, new machinery, more space, and other improvements. Reallocating monies from one account to another or to a new account for a different use or purpose is referred to as "budget reallocation."
Changing the authorized award budget through a budget reallocation request requires the sponsor's prior approval (Prior Approval Matrix). Setting specific, manageable tasks for your team to complete can help you take your company's strategy from paper to execution, which is essential for effective and successful strategy implementation.
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Which of the following is unlikely to affect the rate of economic growth?
a. the level of government spending
b. the quantity of available resources
c. technological change
d. the quality of available resources
Given the following, technological change is unlikely to have an impact on the rate of economic growth. Thus option (C) is correct.
What is economics?The term Economics is the study of scarcity and its inferences for the use of resources, manufacture of goods and services, growth of production and welfare over time, and a great diverseness of other complex issues of vital concern to society.
Economic skillfulness is important because it grants businesses to reduce their costs and change their output. For consumers, economic efficiency leads to lower prices for goods and services. For the government, is a normative judgment. More efficient tautens and higher levels of productivity and worldly activity increase economic growth.
Therefore, option (C) is correct.
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in an economy, full employment output is equal to $22 billion and current output is equal to $20.4 billion. the marginal propensity to consume is equal to 0.75. instructions: enter your response rounded to two decimal places. a. this economy is multiple choice 1 in a long-run equilibrium. not in equilibrium. experiencing an inflationary gap. experiencing a recessionary gap. b. if autonomous expenditure (click to select) by $ billion, then current output would be equal to full employment output.
Employment is a courting among two parties regulating the availability of paid labor services.
The required details for Employment in given paragraph
1- as we are able to see that the cutting-edge output degree is much less that the overall employment degree of output as a result the financial system is experiencing recessionary gap,
so solution is C
2- now Multiplier right here is 1/1-0.75 = four
NOW if we growth output by , 1.6/four = 0.four billion greenback we are able to get output to complete employment levels.
Usually primarily based totally on a contract, one party, the employer, which is probably a corporation, a not-for-earnings business enterprise, a co-operative, or every other entity, will pay the other, the worker, in go back for wearing out assigned paintings. Employees paintings in go back for wages, which may be paid on the premise of an hourly rate, by piecework or an annual salary, relying at the kind of paintings an worker does, the winning situations of the arena and the bargaining power among the parties. Employees in a few sectors may also acquire gratuities, bonus payments or inventory options. In a few sorts of employment, personnel may also acquire blessings further to payment.
Benefits may also include fitness insurance, housing, incapacity insurance. Employment is usually ruled by employment laws, business enterprise or felony contracts.
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while alternatives are available to a mutual fund issuer regarding the details of redemption procedures, the issuer must:
The Investment Company Act of 1940 requires mutual funds to pay redemption proceeds within seven calendar days of the shares being properly offered for redemption. (4-38).
A share is a unit used by real estate investment trusts, limited partnerships, and mutual funds in the financial markets. All of a company's shares are referred to as its share capital. A corporation's shareholder (also known as a stockholder) is someone who owns shares in the company. The ownership relationship between the company and the shareholder is expressed by a share, which is an undivided unit of capital. The face value of a share is its denominated value, and the sum of the face values of all issued shares represents a company's capital, which may not correspond to the share's market value.
A dividend is money received from owning shares. Shares come in a variety of forms, including deferred, preference, and equity shares.
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suppose that is invested at an interest rate of per year, compounded continuously. after how many years will the initial investment be doubled?
Using the compounding formula we can conclude that in 20.15 years, the initial investment of $2500 will be doubled.
What is compounding?Compounding is the method through which interest is added to both the principal balance already in place and the interest that has already been paid. Thus, compounding can be thought of as interest on interest, with the result that returns on interest are magnified over time, or the so-called "magic of compounding."Essentially, it refers to reinvesting your initial investment's gains rather than using them elsewhere. For instance, if you invest Rs 100 at an annual interest rate of 8%, your initial investment would be Rs 100, and your annual returns would be Rs 8 (8% of Rs 100).So, years in which the initial investment be doubled:
5000 = 2500(1+3.5%)^n5000/2500 = 1.035^ntaking natural logln(2) = n ln(1.035)n = ln(2)/ln(1.035)n = 20.15Therefore, using the compounding formula we can conclude that in 20.15 years, the initial investment of $2500 will be doubled.
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Correct question:
Suppose that $2500 is invested at an interest rate of 3.5% per year, compounded continuously. After how many years will the initial investment be doubled?
city taxi service purchased a new auto to use as a taxi on january 1, year 1, for $36,000. in addition, city paid sales tax and title fees of $1,200 for the vehicle. the taxi is expected to have a five-year life and a salvage value of $4,000. required using the straight-line method, compute the depreciation expense for year 1 and year 2. assume the auto was sold on january 1, year 3, for $21,000. determine the amount of gain or loss that would be recognized on the asset disposal.
The depreciation expense is $6640. The loss that would be recognized on the sale of asset is $2920.
What is depreciation?The term "depreciation" in accounting refers to two related ideas: first, the actual decline in an asset's fair value over time, such as the value of factory equipment declining annually as used and wears out; and second, the allotment in accounting statements of the asset's original outlay to the periods during which the asset is used. Depreciation is the decrease in asset value and the process of redistributing, or "writing down," the cost of a tangible asset (such equipment), over the period of the asset's useful life. Businesses depreciate long-term assets for accounting and tax purposes.
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if a lien is released because the tax debt has been satisfied prior to further action being taken, the property owner will receive a certificate of .
The property owner will receive a certificate of redemption.
A certificate of redemption is a formal declaration that the owner of a piece of property has fully paid all back taxes, penalties, fees, and interest due on the property.
The contents of a certificate of redemption vary by state. The one used in California, for example, specifies:
The year(s) in default.The amounts to be paid (including taxes, penalties, and other costs).The property’s description.The redemption date.The name and address of the redeemer.For more questions like Property tax click the link below:
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secret jungle resort, currently has common stock of $250,000, additional paid-in capital of $875,000, and retained earnings of $80,000. on may 15 of certain year, it issues 15,000 shares of $10 par common stock at $30 per share. based on this information, value of the stock equity as per that date would be:
Stock equity would be $1205000
Stock equity= common stock + paid in capital+ retained earnings
= 250000 + 875000 + 80000
= 1205000
Stock Equity- Equities are identical to stocks, which are ownership interests in a business. Thus, purchasing stocks entails purchasing equity. When you become an employee of a new company, you could also receive "equity." This indicates that you own a portion of the company's stock.
A form of corporate equity ownership and a kind of security is common stock. Outside of the United States, the words voting share and ordinary share are widely used. In the UK and other Commonwealth nations, they are referred to as equity shares or ordinary shares.
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a client has a variable annuity with an assumed interest rate of 4%. the client received a first benefit check of $110. the separate account rate of return between the first and second month was 10%. the client received a second check for $125. what was the actual rate of return of the separate account between the second and third month if the client's third check was also for $125?
4% was the actual rate of return of the separate account between the second and third month if the client's third check was also for $125. A client has a a variable annuity with an assumed interest of 4%.
Regardless of market conditions, an annuity is a financial product that is created and backed by an insurance company and offers guaranteed monthly income payments for the duration of the contract. An annuity can be tailored based on a number of factors, including as how long you anticipate living, the commencement date of your payments, and whether you wish to leave your income stream to a beneficiary after your passing.The fundamental purpose of annuities is to augment more conventional retirement income sources like Social Security and pensions. Tax-deferred growth is one of the common traits. Until you start taking withdrawals or getting recurring payments, you won't have to pay income taxes on the returns from your annuity investments.
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the sherman antitrust act question 40 options: was passed to encourage judicial leniency in the review of cooperative agreements. was concerned with self-interest dominated nash equilibriums in prisoners' dilemma games. enhanced the ability to enforce cartel agreements. restricted the ability of competitors to engage in cooperative agreements.
The Sherman antitrust act restricted the ability of competitors to engage in cooperative agreements.
Technically talking, any association that consists of two or extra events and a not-unusual reason is an agreement. An example of a settlement among events is when one person gives to percentage the fee of the rent, a 2nd individual accepts it, and they grow to be flatmates.
A settlement is any know-how or arrangement reached among or extra events. A contract is a specific kind of agreement that, via its terms and factors, is legally binding and enforceable in a courtroom of regulation.
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if a country has an economy where people can buy and sell freely, but the government sets some price restrictions and regulations then it likely has a ______ economy.
if a country has an economy where people can buy and sell freely, but the government sets some price restrictions and regulations then it likely has a Mixed economy.
What is a mixed economy?A mixed economy is an economy that combines parts of the free market and that of socialism. In terms of the free market, such economies often allow people to buy and sell things freely and without much restrictions.
The socialist part of such economies however, will introduce parts of regulation into the economy such as the regulation of prices. They might also regulate the way employers treat employees.
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the planning process that integrates production, purchasing, and inventory management of interdependent items is called . group of answer choices
The planning process that integrates production, purchasing, and inventory management of interdependent items is called material requirements planning (MRP).
A system called material requirements planning (MRP) determines the materials and parts required to make a certain product. It consists of the three main steps: listing the materials and the components inventory already present, deciding which more are required, and then the planning for their manufacture or acquisition. The manufacturing businesses utilise an MRP system, or central production planning software, to organise, automate, and schedule various steps in the production process. Originally known as Material Requirements Planning, MRP is still used today.
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Bonds that are subject to retirement at a stated dollar amount prior to maturity at the option of the issuer are called?.
Bonds that are subject to retirement at a stated dollar amount prior to maturity at the option of the issuer are called callable bonds.
Bonds are a type of financial instrument for the corporation and are issued to attract funds from investors. Bonds are fixed-income securities that provide bondholders with redeemed bonds at par value and monthly interest payments. Bonds may be issued at face value, above face value, or below face value.
Bonds that have a call feature and are issued at the issuer's discretion are called callable bonds. Before maturity, these bonds are callable at any time for a specified amount of money. The corporation has the opportunity to pay off its debts as soon as feasible rather than waiting until maturity with callable bonds, also known as redeemable bonds.
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Which of the following is a standard that defines how accountants record
financial transactions?
O A. generally accepted accounting principles
OB. government allowed accounting practices
OC. government applied accounting practices
O D. general accounting and auditing procedures
Generally accepted accounting principles.
What is a financial transaction?
An agreement or communication between a buyer and a seller to trade products, services, or assets in exchange for money is a financial transaction.
A unified set of accounting guidelines, methods, and standards known as generally accepted accounting principles (GAAP) were released by the Financial Accounting Standards Board (FASB). When their accountants put together a public company's financial statements, they must adhere to GAAP in the United States.
Ten basic principles serve as the framework for GAAP, which is a set of regulations. The International Financial Reporting Standards (IFRS), which are seen as more of a principles-based norm, are frequently used as a comparison. There have recently been initiatives to move GAAP reporting to IFRS because it is a more global standard.
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the affordable care act created program that enables small firms to offer health insurance to their employees. the program provides flexibility, choice, and the convenience of on-line account management. this program is called the
A program made possible by the Affordable Care Act allows small businesses to provide health insurance to their employees. The program offers convenience of online account administration as well as flexibility and choice. The SHOP Marketplace program is the name of this initiative.
Quiz about the Affordable Care Act's functions.Obamacare is most commonly referred to as the Affordable Care Act. The act was passed to increase coverage, hold insurance providers more responsible, reduce healthcare costs, give people more insurance options, and improve the standard of healthcare and health insurance.
What did the individual mandate under the Affordable Care Act serve to accomplish?People who can afford to purchase health insurance are required to do so, or else they must pay a penalty, under the Affordable Care Act's individual responsibility provision, also known as the individual mandate.
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an annuitant receives payments under a variable annuity for a number of years. at his death, his widow receives a lump-sum payment. the annuity was a:
A variable annuity provides payments to an annuitant over a period of years. His widow is given a lump sum payment upon his passing. Variable unit refund annuity was the type of annuity.
Depending on the annuity, payments may continue to be made to a partner or other annuity recipient for years after the "annuitant" has passed away with some annuities.
A unit refund annuity is one in which, upon the annuitant's passing, the beneficiary is given a lump sum payment equal to the value of the remaining annuity units. An instalment refund annuity is one in which the beneficiary received the value of the remaining annuity units over time.
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in cove management v. aflac, galgano, an independent contractor who solicited insurance business for aflac, rented office space from cove under aflac's name. when galgano defaulted on payments, cove sued aflac contending that galgano was its agent when he rented the office, so aflac was liable. the appeals court held that aflac:
A correct answer is option (B): was not obligated to the lease because Galgano did not have apparent authority to sign a lease that would bind AFLAC
Plaintiff Cove Management filed a lawsuit against defendants Darren Galgano, Barbier Group, Inc., and AFLAC, Inc.1. Against defendant AFLAC, the plaintiff alleged counts of breach of contract, "ratification," and unjust enrichment resulting from actions taken by defendant Darren Galgano.2. AFLAC filed a combined motion to dismiss the claims brought against it, in accordance with both sections 2-619(a)(9) and 2-615 of the Illinois Code of Civil Procedure (7 The trial court found that AFLAC had adequately raised affirmative elements that disproved the plaintiff's claims, and so granted AFLAC's section 2-619(a)(9) motion and dismissed the claims against AFLAC with prejudice. In this interlocutory appeal, the plaintiff challenges the Illinois Supreme Court's Rule 304(a)-which required the dismissal of its claims against AFLAC (eff. Feb.26, 2010).
The Complete Question is:
In Cove Management v. AFLAC, Galgano, an independent contractor who solicited insurance business for AFLAC, rented office space from Cove under AFLAC's name. When Galgano defaulted on payments, Cove sued AFLAC contending that Galgano was its agent when he rented the office, so AFLAC was liable. The appeals court held that AFLAC:
a. was not obligated to the lease because real estate deals must be in writing with the principal of the company agreeing to the lease
b. was not obligated to the lease because Galgano did not have apparent authority to sign a lease that would bind AFLAC
c. was obligated on the lease as its employee had apparent authority
d. was not obligated on the lease, but its employee who told Galgano it was ok to enter into such a lease was obligated
e. all of the other choices are correct
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miranda thinks she is ready to invest in the stock market. what should she do to prepare? savestylesformat instructions
when she is ready to invest in the stock market she should have paid off credit card balances, saved up an emergency fund, and learned the basics about investing.
The gathering of buyers and sellers of stocks, which represent ownership claims on companies and may include securities listed on a public stock exchange, is known as a stock market. The exchange of equity shares in publicly traded corporations takes place in stock markets.
Because they allow for more equitable access to investor trading and capital exchange, stock markets are essential components of a free-market economy.
When a user receives a credit card, it is a payment card that enables them to pay for goods and services from a merchant based on their accumulated debt. Another way a credit card differs from a debit card is that the owner of the debit card can use it as money.
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you have a market position which allows you to profit when market prices increase but causes you a loss when market prices decline. this position is defined by which one of the following terms?
You have a market position long position allows you to profit when market prices increase but causes you a loss when market prices decline.
Market Price Decline is the difference between the closing price of SIMSCI's stock on the Purchase Date and the value per share of SIMSCI's common stock in the Nasdaq National Market, after taking into account stock position, dividends, and other factors. The Fed has proposed a series of aggressive interest rate hikes in recent months, which is why stocks are declining. The goal of the policy strategy is to reduce price increases by slowing the economy and stifling demand.
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At the end of the film we learn that Chris became a multimillion and successful stockbroker. What lessons do you think this movie showed the class about professional success?
We learn that Chris became a multimillion and successful stockbroker after the two got talking, Mr. Gardner expressed an interest in joining the industry. They met again, and Mr. bridges helped Mr. Gardner secure an interview for an internship.
A stockbroker is a regulated broker, broker-dealer or registered investment adviser who may provide financial advisory and investment management services and execute transactions such as the purchase etc.
Chris Gardner left his job at Dean Witter to start his own firm, Gardner rich and he sold a minority stake in a multi-million dollar deal.
The lessons should take this movie showed the class about professional success is survival, determination, and never give up on your dreams.
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What do the ending balances of permanent accounts for one fiscal period represent at the beginning of the next fiscal period?.
The ending balances of permanent accounts represent the beginning balances of such accounts for the following fiscal period.
What is fiscal period ?A fiscal period, also known as a fiscal year, is a 12-month period in which a business entity accounts for all transactions and events involving that company. The 12-month period does not always correspond to the calendar year, or January 1st to December 31st.A fiscal year is when a company accounts for all of its occurrences over the course of a year. Typically, businesses base their year on the calendar year. Because taxes are always calculated by the calendar year, this simplifies tax calculation.Companies use the fiscal period concept because it is easier to calculate financials if the company's financials resemble the company's natural business cycle.Many annual government fees are levied on a fiscal year basis, such as council tax and licence fees, but others are charged on an anniversary basis.To learn more about fiscal period refer :
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1. describe the three attributes of monopolistic competition. how is monopolistic competition like monopoly? how is it like perfect competition?
The three attributes of monopolistic competition are as follows:
The presence of several vendors.The production of somewhat different goods by each seller.The unrestricted entry and exit of businesses.What is monopolistic competition?Monopolistic competition is a sort of imperfect competition when numerous manufacturers compete with one another yet sell various items that are not exact substitutes for one another. When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals.The three characteristics of monopolistic competition are:
(1) the presence of several vendors; (2) the production of somewhat different goods by each seller; and (3) the unrestricted entry and exit of businesses.Therefore, the three attributes of monopolistic competition are as follows:
The presence of several vendors.The production of somewhat different goods by each seller.The unrestricted entry and exit of businesses.Know more about monopolistic competition here:
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Correct question:
Describe the three attributes of monopolistic competition.
Suppose the monopolist has total fixed costs equal to $5 and a variable cost equal to $4 per unit for all units produced. What is the total profit if she operates at her profit-maximizing price?.
Suppose the monopolist has total fixed costs equal to$ 5 and a variable cost equal to$ 4 per unit for all units produced.$ 11 is the total profit if she operates at her profit-maximizing price.
Total profit = Price x volume
Total cost = Total fixed cost Variable cost per unit x volume
Borderline profit = Current total profit-former total profit/ Current volume-former volume
Borderline cost = Current total cost-former total cost/ Current volume former volume
Maximum profit = Total profit Total cost maximum profit = 24- 13 = 11The total profit if he operates at her profit-maximizing price ice.$ 11.
As Irving Fisher explained, a monopoly is a noncompetitive demand that creates a situation in which a particular person or establishment is the sole supplier of a particular thing. A monopoly zilches an individual, group, or company that controls and controls the demand for a particular good or service. This lack of competition and lack of indispensable goods and services means that monopolists apply enough power in their businesses to charge high prices.
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