kennesaw credit union offers a 4.25%, 15-year mortgage. sadie wants to borrow $300,000 and purchase enough negative points to eliminate her $9,000 closing costs. each point increases her apr by 0.125% and reduces the bank's closing costs by 1% of the principal. a. how many points will she need? 3 b. what will her new apr be? 4.625% (round your answer to 3 decimal places) c. what is the breakeven time for sadie's loan? (express your answer in months)

Answers

Answer 1

a. 3 points, b. New APR = 4.625%, c. Breakeven time is 180 months.

a. To calculate the number of points needed, we can first find out how much 1% of the principal is.

1% of $300,000 = 0.01 * $300,000 = $3,000

Sadie wants to eliminate $9,000 in closing costs, so we need to determine how many points she needs to buy.

$9,000 / $3,000 = 3 points

So, Sadie needs 3 points to eliminate her closing costs.

b. To find her new APR, we need to add the increase for each point to the original APR.

Original APR: 4.25%
Increase per point: 0.125% * 3 points = 0.375%

New APR = 4.25% + 0.375% = 4.625%

c. To calculate the breakeven time, we need to find out the monthly savings due to the reduced closing costs and then divide the cost of the points by the monthly savings.

Monthly savings = ($9,000 closing costs eliminated) / (15 years * 12 months/year) = $50 per month

Cost of points = 3 points * $3,000/point = $9,000

Breakeven time = $9,000 / $50 per month = 180 months (15 years)

So, the breakeven time for Sadie's loan is 180 months, or 15 years.

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Related Questions

the gross profit percentage is the ratio to watch if you are worried about increased competition. if the company lowers its prices to retain market share without lowering its cost of goods sold, its gross profit percentage will . multiple choice question. decrease stay the same increase

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If a company lowers its prices without lowering its cost of goods sold, its gross profit percentage will decrease.

Gross profit percentage is an important financial metric used to assess a company's financial health and performance. It is calculated as (Gross Profit / Revenue) x 100. If you are worried about increased competition, monitoring this ratio can provide valuable insights. When a company lowers its prices to retain market share without lowering its cost of goods sold, its revenue decreases while its cost of goods sold remains the same.

Consequently, the gross profit (Revenue - Cost of Goods Sold) decreases as well. Since the gross profit decreases while the revenue also decreases, the gross profit percentage will decrease. This indicates that the company's profit margin is shrinking due to increased competition, and its ability to generate profit from its sales is weakened.

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1. what are the main elements of the maritime transportation infrastructure? how does the quality and dependability of the maritime transportation infrastructure affect an international shipment?

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Cranes, wharves, dredged channels, locks, dams, and other tangible constructions are commonly considered to be part of the maritime "infrastructure". Among other things, port infrastructure consists of docks, piers, and channel harbors.

Generally speaking, a port's terminal to terminal circumstances differ. However, maintaining infrastructure in severe marine conditions is a difficulty for all ports. Business executives' opinions of their home country's port infrastructure are gauged by the Quality of Port Infrastructure. The scale goes from 1 to 7, with a higher score signifying stronger port infrastructure development.

Every nation's success depends on its port infrastructure. The length of India's coastline is roughly 7,500 kilometers. In terms of volume and value, ports handle nearly 95% and 70%, respectively, of India's exports. Imports of crude oil, iron ore, coal, and other essential materials are made via the sea route.

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When using cost–per–acquisition (CPA) bidding, an advertiser bids using a maximum CPA and pays by:
 a. Viewthrough
b. Impression
c. Click
d. Conversion

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When using cost-per-acquisition (CPA) bidding, an advertiser bids using a maximum CPA and pays by conversion. The correct option is d.

CPA bidding is a type of digital advertising bidding strategy where advertisers pay for a specific action taken by the user, such as a purchase or a form fill, rather than paying for clicks or impressions.

With CPA bidding, the advertiser sets a maximum cost-per-acquisition they are willing to pay and the advertising platform will use machine learning algorithms to automatically adjust bids to achieve the advertiser's target CPA.

The payment is made based on the actual conversions that are generated by the advertising campaign. A conversion occurs when a user completes a specific action that the advertiser has defined as a valuable outcome, such as making a purchase or filling out a lead form.

The advertising platform tracks these conversions and charges the advertiser for each one that occurs within the specified time period.

CPA bidding is an effective way for advertisers to control their advertising costs while still achieving their desired results.

By focusing on the cost of acquiring a customer rather than the cost of generating clicks or impressions, advertisers can ensure that they are only paying for advertising that is driving real results.

Additionally, the use of machine learning algorithms can help advertisers optimize their bidding strategy over time, leading to even better performance and lower costs. Therefore, the correct option is d.

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farm z has the following information from the balance sheet. the farm expects a rate-of-return on assets of 15% and a cost of debt of 9%. the farm needs to pay an income tax rate of 25% and consumes 75% from after-tax net income. find the rate of growth of equity capital.

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The rate of growth of equity capital for Farm Z is 4.875%.

The rate of growth of equity capital for Farm Z can be calculated using the DuPont Model as follows:

Return on Equity (ROE) = Net Income / Equity

ROE can be further broken down into two components: Return on Assets (ROA) and the Equity Multiplier. The Equity Multiplier is calculated as Total Assets / Equity.

ROE = ROA x Equity Multiplier

Given that the farm expects a rate of return on assets of 15%, we can calculate the Equity Multiplier as follows:

Equity Multiplier = Total Assets / Equity = 1 + (Total Debt / Equity)

Assuming that the farm has no preferred stock, we can calculate the after-tax cost of debt as follows:

After-Tax Cost of Debt = Cost of Debt x (1 - Tax Rate) = 9% x (1 - 0.25) = 6.75%

Using these values, we can calculate the Equity Multiplier as:

Equity Multiplier = 1 + (Total Debt / Equity) = 1 + (0.0675 / (1 - 0.25)) = 1.3

Now, we can calculate the ROE as:

ROE = ROA x Equity Multiplier = 0.15 x 1.3 = 0.195

Finally, we can calculate the rate of growth of equity capital as:

Rate of Growth of Equity Capital = ROE x (1 - Dividend Payout Ratio) = 0.195 x (1 - 0.75) = 0.04875 or 4.875%

Therefore, the rate of growth of equity capital for Farm Z is 4.875%.

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compute the lost social welfare (deadweight loss) that stems from the $40 price floor.

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To compute the deadweight loss from a $40 price floor, you need to understand the concepts of supply and demand. A price floor is a minimum price set by the government above the equilibrium price, which can lead to a surplus of goods. When a price floor is set at $40, it disrupts the market equilibrium, creating inefficiencies.

The lost social welfare or deadweight loss occurs when resources are not allocated optimally. In this case, the deadweight loss is represented by the area of a triangle formed between the supply curve, the demand curve, and the price floor. To calculate the deadweight loss, you need to know the base and height of this triangle, which would require information on the supply and demand curves.

In conclusion, to compute the deadweight loss, you would need additional information about the market's supply and demand curves. With that information, you can find the base and height of the triangle and calculate the lost social welfare resulting from the $40 price floor.

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Which of the following financial assets might be least likely to have an active secondary market?
A. Common stock of a large firm
B. Bank loans made to smaller firms
C. Bonds of a major, multinational corporation
D. Debt issued by the United States Treasury

Answers

Bank loans made to smaller firms might be the least likely to have an active secondary market.

They  are not traded on organized exchanges, and there may be restrictions on transferring them to other parties.

Additionally , bank loans made to smaller firms may be less attractive to investors because they often carry higher risk and may be harder to evaluate than publicly traded securities. As a result, the secondary market for bank loans may be less active and less liquid than the markets for other types of financial assets.

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the nai is an industry association formed to help with which of the following?

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The NAI (Network Advertising Initiative) is an industry association formed to help with the self-regulation of online advertising and data collection practices.

The Network Advertising Initiative (NAI) is an industry association that promotes responsible data collection and usage practices in online advertising. Its members include advertising networks, data exchanges, and other digital advertising companies. NAI works to create self-regulatory guidelines that its members voluntarily adhere to, in order to protect user privacy and promote transparency. They advocate for ethical advertising standards, address privacy concerns, and provide tools to help users manage their online privacy.

By establishing a code of conduct and providing resources to educate both businesses and consumers about responsible online advertising practices, the NAI aims to foster a trustworthy environment in the digital advertising industry and maintain the balance between personal privacy and the benefits of targeted advertising.

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The National Association of Insurance Commissioners (NAIC) is an industry association that was formed to help regulate the insurance industry in the United States. The NAIC was established in 1871 and has since grown to become one of the most influential organizations in the insurance industry.

The main goal of the NAIC is to promote uniformity and consistency in insurance regulations across all 50 states and the District of Columbia. This is achieved through the development of model laws and regulations that states can adopt and implement as they see fit.The NAIC also provides a forum for insurance regulators to share information and best practices, as well as to collaborate on issues of common concern. In addition, the association conducts research and provides educational resources to help regulators stay up-to-date on the latest developments in the insurance industry. Overall, the NAIC plays a critical role in ensuring the stability and effectiveness of the insurance industry in the United States. Its efforts help to promote consumer protection, maintain market stability, and foster innovation and growth within the industry.

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why is it important to call for assistance if a guest is not cooperative? select all that apply.

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It is important to call for assistance if a guest is not cooperative for several reasons. Firstly, it ensures the safety and security of all individuals present in the area. If a guest is behaving in a threatening or aggressive manner, calling for assistance can help to diffuse the situation before it escalates and potentially becomes dangerous.

Additionally, calling for assistance can also help to protect the reputation and liability of the establishment. If a guest is not cooperative and their behaviour leads to damage or injury, having called for assistance shows that the establishment took all necessary steps to ensure the safety and well-being of its patrons. Lastly, calling for assistance can also help to resolve the situation more effectively and efficiently.

If an individual is not responding to the staff's requests or attempts to diffuse the situation, calling for assistance can bring in additional resources and expertise to help resolve the issue in a timely and effective manner. Overall, calling for assistance when a guest is not cooperative is crucial in maintaining a safe and secure environment for all individuals involved.

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Which of the following is not among the 'deadly sins of software security'? a.Implementationsins b.Networking sins c.Web applicationsins d.Extortion sins.

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Extortion sins, as it is not one of the commonly recognized categories of software security sins.

The deadly sins of software security are a set of common programming mistakes that can lead to security vulnerabilities. The correct answer is d. Extortion sins, as it is not one of the commonly recognized categories of software security sins.

The seven deadly sins of software security, as identified by security experts, are:

1. Input validation and representation sins
2. Authentication and password management sins
3. Access control sins
4. Security configuration sins
5. Cryptographic sins
6. Error handling and logging sins
7. Code quality sins

None of these categories include "extortion sins," which is not a recognized category of software security issues.

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business researchers can safely assume that the great majority of web sources are reliable. True or False

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FALSE. While the internet provides a vast amount of information that can be useful for business research, it is not safe to assume that the great majority of web sources are reliable.

The internet is filled with unreliable, biased, or outdated information that can negatively impact the research process. It is important for business researchers to carefully evaluate the credibility of each source they use and to use multiple sources to verify information. This includes assessing the authorship, publication date, and quality of the source, as well as checking for any potential biases or conflicts of interest. Ultimately, it is the responsibility of the researcher to ensure the reliability and accuracy of the sources they use in their research. Business researchers should not assume that the great majority of web sources are reliable. It is crucial for researchers to evaluate the credibility, accuracy, and trustworthiness of web sources before relying on them for decision-making or research purposes.

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Given that MUX/Px < MUy/Py, consumers who spend all their income on these two goods a can increase utility by buying more of X and less of Y. Ob have maximized total utility. Occan never maximize utility O d. can increase utility by buying more of Y and less of X

Answers

If MUX/Px < MUy/Py, This indicates that the consumer- a. can increase their overall utility by purchasing less of good Y and more of good X.

What is the reason?

This is because the consumer is getting more satisfaction per dollar spent on X compared to Y. Therefore, buying more X and less Y will increase their overall utility.

However, it is important to note that this strategy will only work if the consumer has not already maximized their total utility.

If the consumer has already reached the point of maximum utility, then no amount of redistribution between the two goods will increase their overall satisfaction.

Hence, option a. is correct.

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according to the textbook, the key to effective merchandise and character licensing is ________.

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According to the textbook, the key to effective merchandise and character licensing is establishing a strong brand identity and maintaining control over the use of the brand.

This involves ensuring that the licensed merchandise aligns with the brand's values and image and that the licensing agreements are clear and specific in terms of what products can be produced and how they can be marketed.

It is also important to continually monitor the use of the licensed products to ensure they are being used in a way that is consistent with the brand's image and values, as well as to protect against any infringement or unauthorized use.

Additionally, it is essential to work with reputable licensees who have a track record of producing high-quality products and who are committed to upholding the brand's standards.

By following these principles, companies can effectively leverage their brands to generate additional revenue streams and build stronger connections with their customers.

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during execution of a project, an identified risk event occurs that results in additional cost and time? the project had provisions for contingency and management reserves. how should these be accounted for?

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When a risk event occurs during the execution of a project, it can result in additional costs and time. However, if the project had provisions for contingency and management reserves, these can be used to mitigate the impact of the risk event.

Contingency reserves are funds set aside to cover unforeseen events that may arise during the course of a project.

These reserves are typically built into the project budget and can be used to cover the additional costs that result from the risk event. It is important to note that the use of contingency reserves should be documented and approved by the project sponsor or other appropriate stakeholders.Management reserves are additional funds set aside for unforeseen events that are outside of the control of the project team. These reserves are typically held by senior management and are not included in the project budget. If the risk event exceeds the available contingency reserves, management reserves can be used to cover the additional costs and time.In summary, if an identified risk event occurs during the execution of a project that results in additional cost and time, contingency reserves should be used first to mitigate the impact. If the risk event exceeds the available contingency reserves, management reserves can be used to cover the additional costs and time. The use of these reserves should be documented and approved by the appropriate stakeholders.

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once an issue becomes public and subject to debate and media exposure, it becomes more difficult to a. Hide b. Identify c. Define d. Resoolve

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The answer to your question is a. Hide. Once an issue becomes public and subject to debate and media exposure, it becomes more difficult to hide.

The public scrutiny and attention make it harder for individuals or organizations to keep the issue under wraps and avoid accountability. It may also lead to further investigations and discussions that can bring more attention to the issue. While identifying, defining, and resolving the issue may also become more challenging due to the increased complexity and intensity of the public discourse, hiding the issue becomes nearly impossible.

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The profit graph allows users to easily identify: (Check all that apply.)
a) the profit at any given sales volume.
b) the sales volume required to reach the break-even point.
c) total expenses incurred at any given sales volume.

Answers

The profit graph provides valuable information to businesses as it helps users to identify various aspects related to profits. Users can easily determine the profit at any given sales volume.

The profit graph is a graphical representation of the profits earned by a business at different sales volumes. It plots the total revenue and total expenses incurred by the business against the sales volume, which helps in analyzing the profitability of a business. By looking at the profit graph, users can easily identify the profit earned at any given sales volume. This information can be used to make informed decisions regarding pricing strategies and determining the optimum sales volume to maximize profits.

Moreover, the profit graph also helps users in identifying the break-even point. The break-even point is the point where the business earns enough revenue to cover all its expenses, and its profit is zero. By looking at the profit graph, users can determine the sales volume required to reach the break-even point. This information is critical for businesses as it helps them in setting sales targets and in making important decisions regarding pricing and cost management.

However, the profit graph does not provide information on the total expenses incurred at any given sales volume. It only represents the total expenses incurred by the business against the sales volume. To calculate the total expenses at any given sales volume, users need to look at the detailed financial statements of the business. Nonetheless, the profit graph is a valuable tool that provides critical information to businesses, helping them to make informed decisions and achieve profitability.

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.Which type of utility is created when a company makes products available where consumers want them?
A) Time
B) Place
C) Possession
D) Form
E) Operations

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The type of utility created when a company makes products available where consumers want them is Place utility.

The marketing concept of the "Four Ps" refers to the four key elements of a marketing mix: Product, Price, Place, and Promotion. Place, also known as distribution, refers to the process of getting a product from the manufacturer to the customer. By making products available where consumers want them, companies create place utility.

Place utility can be created by having a strong distribution network, convenient store locations, online shopping platforms, and other strategies that ensure that products are available in the right place at the right time. This helps to make the product more accessible and convenient for the customer, and can increase sales and customer satisfaction. Time, Possession, Form, and Operations are other types of utility that can be created through marketing efforts.

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Sandy’s Socks makes the world’s best socks. Information for the last eight months follows: Month Number of Socks Produced Total Cost January 1,000 $1,800 February 3,250 4,000 March 4,300 5,350 April 1,250 2,150 May 5,350 6,800 June 6,900 7,818 July 3,500 4,750 August 4,250 5,300 Using the high-low method, calculate the total fixed cost per month and the variable cost per sock. (Round your "Variable Cost per Unit" answer to 3 decimal places.) Variable Cost per unit: Fixed Cost:

Answers

Using the high-low method, we can calculate the total fixed cost per month and the variable cost per sock for Sandy's Socks.

To start, we need to determine the variable cost per unit. We can do this by subtracting the total fixed cost from the total cost of production at the highest and lowest levels of production and then dividing by the change in units produced.

The highest level of production occurred in June, with 6,900 socks produced at a total cost of $7,818. The lowest level of production occurred in January, with 1,000 socks produced at a total cost of $1,800.

Variable cost per unit = (Total cost at high production - Total cost at low production) / (High production - Low production)
Variable cost per unit = ($7,818 - $1,800) / (6,900 - 1,000)
Variable cost per unit = $1.20 per sock

To calculate the total fixed cost per month, we can subtract the variable cost per unit multiplied by the number of socks produced in a month from the total cost for that month. This will give us the total fixed cost for that month.

For example, in June, we can calculate the total fixed cost as follows:

Total fixed cost = Total cost - (Variable cost per unit * Number of socks produced)
Total fixed cost = $7,818 - ($1.20 * 6,900)
Total fixed cost = $7,818 - $8,280
Total fixed cost = -$462 (rounded to the nearest dollar)

This calculation indicates that there may be some error or outlier in the data for June. To calculate the total fixed cost per month for the other months, we repeat the same calculation using the number of socks produced and the total cost for each month.

The results are:

January: $800
February: $1,700
March: $2,000
April: $450
May: $2,050
July: $1,450
August: $1,700

Overall, using the high-low method, we can estimate that the total fixed cost per month for Sandy's Socks ranges from $450 to $2,050. The variable cost per sock is $1.20

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Joe owns a business which produces wooden furniture.He employs 20 workers in the Operations department and three workers in the offices.Joe pays all his workers by time rate but he is thinking of changing to piece rate.he has a high labour turnover from the factory as his workers are not well motivated.

Identify two examples of fringe benefits Joe could give to his employees.

Answers

As Joe is considering changing his payment structure from time rate to piece rate, he may want to consider offering some fringe benefits to his employees in order to improve their motivation and reduce his high labour turnover.


One example of a fringe benefit that Joe could provide is health insurance. This could include coverage for medical and dental expenses, as well as vision and prescription drug coverage. Offering health insurance can help to improve the overall well-being of Joe's employees and their families, which can result in higher morale and a more loyal workforce.

Another example of a fringe benefit that Joe could consider is a retirement plan. This could be in the form of a pension plan, a 401(k), or other investment options. Offering a retirement plan can help Joe's employees to feel more secure about their future and their ability to retire comfortably. This can lead to higher job satisfaction and a more dedicated workforce.

Overall, offering fringe benefits can help Joe to attract and retain high-quality employees, while also improving their motivation and job satisfaction. By providing benefits such as health insurance and retirement plans, Joe can demonstrate to his employees that he values their well-being and wants to invest in their future.

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is the yen selling at a premium or a discount?is the australian dollar selling at a premium or a discount?do you expect the value of the dollar to increase or decrease relative to the value of the yen?do you expect the value of the dollar to increase or decrease relative to the value of the australian dollar?

Answers

Currently, it is difficult to determine whether the yen is selling at a premium or a discount as it depends on various factors such as economic conditions, political events, and global market trends.

However, generally speaking, the yen is known to be a safe-haven currency and tends to appreciate during times of global economic uncertainty or geopolitical tensions. Conversely, during periods of economic stability or growth, the yen may be seen as less attractive and may weaken in value.As for the Australian dollar, it is currently selling at a discount. This is due to a few factors such as the country's high dependency on exports, particularly to China, which has been impacted by the ongoing trade tensions between China and the US. Additionally, the Reserve Bank of Australia has lowered interest rates to record lows in an effort to boost economic growth, which has put pressure on the Australian dollar.Regarding the value of the US dollar, it is difficult to predict its future direction relative to the yen as it also depends on various factors. However, currently, the dollar is relatively strong compared to the yen due to the Federal Reserve's decision to raise interest rates, which makes the dollar more attractive to investors seeking higher yields. Additionally, the ongoing trade tensions between China and the US have also contributed to the dollar's strength as investors seek safe-haven assets such as the dollar.

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how does an organization promote fairness and reduce political behavior in the appraisal system?

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An organization can promote fairness and reduce political behavior in the appraisal system by implementing the following steps:
Set clear performance criteria: Establish transparent and objective criteria for performance evaluation. This helps employees understand what is expected of them and reduces the chances of biased appraisals.
Provide regular feedback: Regularly communicate with employees about their performance, allowing them to make adjustments and improvements as needed. This helps to minimize surprises during the appraisal process.
Train managers: Train managers on how to conduct fair and unbiased performance evaluations, emphasizing the importance of objectivity and consistency in the appraisal process.
Use multiple raters: Involve multiple raters, such as peers, subordinates, and supervisors, in the evaluation process to ensure a well-rounded and balanced perspective on an employee's performance.
Encourage self-assessment: Allow employees to self-assess their performance, creating an opportunity for reflection and self-improvement.
Document performance: Maintain thorough documentation of employee performance, including both positive and negative aspects, to support appraisal decisions and minimize the influence of personal biases.
Review appraisal process: Regularly review and update the appraisal system to ensure it remains fair, unbiased, and effective in evaluating employee performance.
By implementing these strategies, an organization can work towards fostering a culture of fairness and minimizing political behavior in the appraisal system.

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true or false any contract involving a sale of goods of $100 or more must be in writing.

Answers

True. Under the Uniform Commercial Code (UCC), any contract involving the sale of goods for $100 or more must be in writing to be enforceable.

This is known as the "Statute of Frauds" and is meant to prevent fraud and misunderstandings in business transactions. The written contract must contain essential terms such as the parties involved, the description of the goods being sold, the price, and any warranties or guarantees.

However, there are some exceptions to this rule, such as when the goods are custom-made, the buyer has accepted the goods, or when there is part performance by one of the parties. In these cases, a verbal contract may be enforceable.

It's important to note that each state may have its own variations of the UCC, so it's best to consult with an attorney to ensure compliance with state laws.

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suppose you invest $10,000 in boeing (ba) stock, and $30,000 in merck (mrk) stock. you expect a return of 10% for boeing and 16% for merck. what is the expected return for your portfolio?

Answers

The expected return for your portfolio is 14.5%.

To calculate the expected return for your portfolio, you need to find the weighted average of the expected returns of each stock. Here's a step-by-step explanation:
1. Determine the total investment amount: $10,000 (Boeing) + $30,000 (Merck) = $40,000.
2. Calculate the weight of each stock in the portfolio:
  - Boeing weight: $10,000 / $40,000 = 0.25 (25%)
  - Merck weight: $30,000 / $40,000 = 0.75 (75%)
3. Multiply each stock's weight by its expected return:
  - Boeing: 0.25 * 10% = 0.025 (2.5%)
  - Merck: 0.75 * 16% = 0.12 (12%)
4. Add the results from step 3 to find the portfolio's expected return: 2.5% + 12% = 14.5%.
So, the expected return for your portfolio is 14.5%.

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a major labor market trend that contributed significantly to the growth of u.s. real gdp during the second half of the 20th century (1950-2000) was a steady group of answer choices decrease in the natural rate of unemployment. decrease in the average real wage rate. increase in the labor force participation rate for women. decrease in the fraction of young adults attending college instead of working. increase in the fraction of the employed people who work for the government.

Answers

A major labor market trend that contributed significantly to the growth of U.S. real GDP during the second half of the 20th century (1950-2000) was the increase in the labor force participation rate for women.

This trend allowed a greater number of workers to participate in the labor market, increasing the available labor supply, and contributing to the growth of the economy. The other options listed are either not accurate or not as significant in driving economic growth during this time period. For example, a decrease in the natural rate of unemployment and a decrease in the average real wage rate would contribute to economic growth, but these trends were not as significant as the increase in labor force participation by women.

The fraction of young adults attending college instead of working is not directly related to labor market trends, and an increase in the fraction of employed people who work for the government is not necessarily a positive trend for economic growth.

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An annual fee charged by some mutual funds to cover marketing and selling expenses is the:
​a management fee.
​b back-end load.
​c transaction fee.
​d 12(b)-1 fee.
​e low-load.

Answers

The correct answer is d. 12(b)-1 fee. The 12(b)-1 fee is a fee charged by some mutual funds to cover marketing and distribution expenses.

This fee is included in a fund's expense ratio and is assessed annually as a percentage of the fund's net assets. The purpose of the fee is to compensate brokers and other intermediaries for promoting and selling the fund.

Management fees, on the other hand, are paid to the investment advisor who manages the mutual fund's portfolio. These fees are also included in the fund's expense ratio and are typically a percentage of the fund's net assets.

Back-end loads are fees charged when investors redeem shares in a mutual fund. These fees are usually a percentage of the value of the shares redeemed, and are designed to discourage short-term trading in the fund.

Transaction fees are charged when investors buy or sell shares in a mutual fund, and may be charged by the fund company, the broker, or both. Low-load funds typically charge lower sales fees than front-end load funds, but may have higher expense ratios to compensate for the lower fees.

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how studying economics would benefit policy makers​

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Governments utilize economic tools to effect changes as they deem fit, even when external events may have an impact on economic activity. This might involve revisions to tax laws, changes to the federal funds rate, shifts in the quantity of money, or adjustments to government expenditure.

The issue of whether or not the government should become involved in the economy has philosophical roots. Some people think that the government has a duty to shield its people from financial hardship. Others think that free markets and free trade will operate naturally and self-regulate as they should.

The welfare of its population is something that the government has a natural interest in preserving. The government may decide to establish specific legislation in response to global situations in order to protect the standard of living for its citizens.

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three components are required to successfully sell a facilities plan, including which of the following: group of answer choices mathematical program tutorial a presentation of the entire facilities planning project high-quality facilities plan-drawings that has been prepared in a clear and accurate manner written report describing the benefits of a facilities plan and documenting why the particular plan is the best

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The three components required to successfully sell a facilities plan include a presentation of the entire facilities planning project, high-quality facilities plan-drawings that are accurate, and a written report describing the benefits of the plan and why it is the best.

What are the essential components for selling a facilities plan?

Selling a facilities plan requires a comprehensive approach that encompasses various elements. The first component is a presentation of the entire facilities planning project, which involves showcasing the plan's objectives, scope, and key features to stakeholders. This step allows decision-makers to understand the overall vision and potential benefits of the proposed plan.

The second component entails providing high-quality facilities plan-drawings that are visually appealing, precise, and easily understandable. These drawings serve as visual representations of the plan, illustrating how the facilities will be arranged and demonstrating the design's practicality.

Lastly, a written report plays a vital role in selling the facilities plan. This report describes the plan's advantages, highlighting its unique selling points, cost-effectiveness, and potential long-term benefits. It also provides a detailed rationale for why this specific plan is the best option, incorporating research, data, and expert opinions to support the claims.

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the paper money used in the united states is multiple choice treasury notes. united states notes. national bank notes. federal reserve notes.

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The paper money used in the United States is known as federal reserve notes. These notes are issued by the Federal Reserve System, which is the central banking system of the country.

They replaced the older national bank notes and United States notes, which were previously used. The federal reserve notes are backed by the assets of the Federal Reserve Banks and are accepted as legal tender throughout the country. They feature portraits of various American historical figures, such as George Washington and Benjamin Franklin, and are printed in a variety of denominations to suit different needs. The Federal Reserve System plays a crucial role in managing the money supply and ensuring the stability of the US economy. Overall, the federal reserve notes are an important part of the US monetary system and are widely recognized as a reliable and trusted form of currency.

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which of the following can be categorized under the cognitive component of an attitude?

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All of these options refer to a person's beliefs, knowledge, opinions, or perceptions about an attitude object, which is the cognitive component of an attitude.

The cognitive component of an attitude refers to a person's beliefs or knowledge about the attitude object. Therefore, the following options can be categorized under the cognitive component of an attitude:

A. Beliefs about the quality of a product

B. Knowledge about the features of a service

C. Opinions about the reliability of a brand

D. Perceptions about the value of a promotion

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Starbucks employs value-based pricing to maximize profits. Starbucks uses research and customer analysis to formulate targeted price increases that capture the greatest amount consumers are willing to pay. Which of the following statements is true of value-based pricing? a. It presents drawbacks if costs are continually rising. b. It is a modification of uniform delivered pricing.
c. It is sometimes called postage stamp pricing. d. It seeks to understand the attributes customers want.

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Answer:

The correct answer is: d. It seeks to understand the attributes customers want.

Explanation:

Value-based pricing is a pricing strategy that sets prices based on the perceived value of the product or service to the customer. This means that businesses must first understand what customers value and then price their products or services accordingly.

One way to do this is to conduct market research to understand what customers are willing to pay for different features or benefits. Businesses can also use customer surveys or focus groups to get feedback on their pricing strategy.

Value-based pricing can be a very effective way to maximize profits. However, it is important to note that it can be difficult to implement. Businesses must have a good understanding of their customers and their needs in order to set prices that are both fair and profitable.

The other options are incorrect. Value-based pricing is not a modification of uniform delivered pricing, nor is it sometimes called postage stamp pricing. It also does not present drawbacks if costs are continually rising. In fact, value-based pricing can be a very effective way to maximize profits even in times of rising costs.

Suppose the tax on gasoline is decreased from $0.60 per gallon to S0.40 per gallon. As a result, a. tax revenue necessarily decreases. b. the deadweight loss of the tax necessanily decreases c. the demand curve for gasoline necessarily becomes stoeper d. the supply curve for gasoline necessarily becomes flatler.

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When the tax on gasoline decreases from $0.60 to $0.40 per gallon, the following can be observed: b. The deadweight loss of the tax necessarily decreases and

d. the supply curve for gasoline necessarily becomes flatler.

The supply curve for gasoline necessarily becomes flatter: The supply curve for gasoline represents the quantity of gasoline that producers are willing and able to sell at various prices. When the tax rate on gasoline is lowered, the price that producers receive for each gallon of gasoline sold will increase.

This will likely lead to an increase in the quantity supplied of gasoline, but the magnitude of this effect will depend on the elasticity of supply. If supply is relatively elastic (i.e. the quantity supplied changes significantly in response to price changes), then the supply curve will become flatter.

b. The deadweight loss of the tax necessarily decreases: Deadweight loss refers to the loss of economic efficiency that occurs when a tax is placed on a good or service. When the tax rate is lowered, the deadweight loss of the tax will likely decrease, as consumers will have more of an incentive to buy gasoline



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