Mark Granovetter has argued that the people you know best are likely to possess only information you already have, it is advantageous to have: more casual acquaintances who are connected to different social networks.
Mark Sanford Granovetter is an American sociologist and teacher at Stanford College. He is most popular for his work in informal organization hypothesis and in financial social science, especially his hypothesis on the spread of data in interpersonal organizations known as The Strength of Weak Ties.
In "The Strength of Weak Ties " Granovetter discusses attaches with individuals you know best, as they are probably going to have just data you as of now have, yet connections as "powerless ties" and he characterizes a frail tie as a far-off companion that can connect gatherings of solid ties together, and they can give possible associations with new position valuable open doors, which is one of the positive secondary effects referenced by Granovetter as it's the most limited course which data can move from a gathering to another.
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learned corporation has provided the following information: cost per unit cost per period direct materials $ 5.00 direct labor $ 4.25 variable manufacturing overhead $ 1.85 fixed manufacturing overhead $ 35,000 sales commissions $ 0.70 variable administrative expense $ 0.60 fixed selling and administrative expense $ 9,100 required: a. for financial reporting purposes, what is the total amount of product costs incurred to make 7,000 units? b. for financial reporting purposes, what is the total amount of period costs incurred to sell 7,000 units? c. if the selling price is $23.80 per unit, what is the contribution margin per unit sold? (round your answer to 2 decimal places.) d. if 8,000 units are produced, what is the total amount of direct manufacturing cost incurred? e. if 8,000 units are produced, what is the total amount of indirect manufacturing costs incurred?
Answer:
Explanation:
nv hh
For financial reporting purposes, the total amount of product costs incurred to make 7,000 units is $89,750. The total amount of period costs incurred to sell 7,000 units is $102,800. The contribution margin per unit sold is $11.40.
a. To calculate the total amount of product costs incurred to make 7,000 units, we need to sum up the direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead. The total product costs can be calculated as follows:
Total product costs = (Direct materials cost per unit + Direct labor cost per unit + Variable manufacturing overhead cost per unit) x Number of units
= ($5.00 + $4.25 + $1.85) x 7,000
= $89,750
b. The total amount of period costs incurred to sell 7,000 units can be found by summing up the sales commissions, variable administrative expenses, and fixed selling and administrative expenses. The total period costs can be calculated as follows:
Total period costs = (Sales commissions cost per unit + Variable administrative expense per unit + Fixed selling and administrative expense) x Number of units
= ($0.70 + $0.60 + $9,100) x 7,000
= $102,800
c. The contribution margin per unit sold can be calculated by subtracting the total variable costs per unit (direct materials, direct labor, variable manufacturing overhead, sales commissions, and variable administrative expense) from the selling price per unit:
Contribution margin per unit sold = Selling price per unit - Total variable costs per unit
= $23.80 - ($5.00 + $4.25 + $1.85 + $0.70 + $0.60)
= $23.80 - $12.40
= $11.40
d. To find the total amount of direct manufacturing cost incurred for 8,000 units, we can multiply the direct manufacturing cost per unit by the number of units:
Total direct manufacturing cost = Direct manufacturing cost per unit x Number of units
= ($5.00 + $4.25) x 8,000
= $74,000
e. The total amount of indirect manufacturing costs can be found by subtracting the total direct manufacturing costs from the total product costs:
Total indirect manufacturing costs = Total product costs - Total direct manufacturing costs
= $89,750 - $74,000
= $15,750
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most job interviews and first dates are clear examples of which characteristic of impression management? a. high-context impression management b. unconscious impression management c. deliberate impression management d. low-context impression management
Most job interviews and first dates are clear examples of deliberate impression management.
What qualities does impression management have?Goffman identifies seven main impression management strategies we employ to govern how other people view us: affiliation, conformity, justifications, praise, flattery, self-promotion, and acclaim.
People use impression management as a strategy to try and influence how others see them. This entails stressing favorable features while downplaying negative ones, and it can either be deliberate or subconscious. Another name for it is "self-presentation."
A "defensive IM strategy" is accepting accountability for an unfortunate incident but simultaneously requesting forgiveness for the behavior. Self-Promotion. A "self-focused IM method" includes highlighting your strengths, downplaying your weaknesses, and drawing emphasis to your accomplishments.
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a u.s. auto manufacturer establishes plants in europe and in asia. this is an example of a (n) . group of answer choices vertical integration global expansion unrelated diversification horizontal integration
A U.S. automaker opens factories in Asia and Europe. Here is an illustration of a global expansion.
What does global expansion mean?The process of a company's operations being expanded into a foreign market from their home market is known as global expansion .
Why is globalization so crucial?Your company could achieve new heights through global expansion. It gives your company access to worldwide markets, a talent pool from around the world, and most significantly, growth potential. A strategic business decision is to broaden a company's services internationally.
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Correct question:
A U.S. auto manufacturer establishes plants in Europe and in Asia. This is an example of a (n) ________.
A) vertical integration
B) global expansion
C) horizontal integration
D) unrelated diversification
brenda saves money during the summer because she works fewer hours during the fall and her income drops then. brenda is practicing which type of coping strategy?
Brenda is practicing a type of coping strategy known as "anticipatory coping."
Anticipatory coping involves taking proactive measures to prepare for future stressors or challenges, rather than simply reacting to them when they arise. In this case, Brenda is anticipating the financial stress she may experience during the fall when her income drops due to working fewer hours, so she is proactively saving money during the summer to help alleviate that stress. Anticipatory coping can be an effective way to manage stress because it allows individuals to feel more in control of their situation and better prepared to handle challenges as they arise.
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this is the o'donnells' monthly budget. living expenses fixed expenses annual expenses income food $467 mortgage $489 home insurance $146 $1720 transportation $175 car payment $107 car insurance $780 household $194 savings $35 life insurance $150 personal $124 contingency $30 vacation $700 what are the total living expenses?
The total living expenses $960.
What are fixed expenses?
Simply said, a fixed expense is one that you can plan on keeping constant or quite comparable over time in your budget. When you get down to make your monthly budget, you don't have to make a wild guess as to how much you'll spend on fixed expenses. These funds from the previous month's budget can simply be carried over.
Including one or more fixed expenditures in your budget makes sense from a planning perspective. Because these expenditures are frequently steady, budgeting becomes more dependable. Utilizing some budgeting strategies, such the 50/20/30 budget or zero-based budgeting, may be made easier as a result.
In addition to being paid roughly on the same day each month, fixed costs may also be paid in a fixed amount.
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Which term refers to the usefulness or satisfaction?
The term "utility" refers to the usefulness or satisfaction of something. Usefulness can refer to a variety of things, from the usefulness of a product or service to the satisfaction one experiences from an activity. Utility can also refer to the amount of satisfaction or benefit derived from a particular action.
In economic theory, it is often used to measure the value of a good or service because it is often associated with the amount of pleasure or satisfaction received from consuming the good or service. Utility is also used to describe the overall benefit of a proposed change, such as the potential to reduce costs or increase efficiency.
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the band is breaking up and rob, sue, tim and vito each want the tour bus. using the method of sealed bids, rob bids $4600, sue bids $3100, tim bids $2400, and vito bids $7100 for the bus. since vito's bid is the highest, he gets the bus and has to compensate the others to make the division fair. how much money will rob get from vito?
Competitive bids, public opening of bids, and rewards are all used in the sealed bidding method of contracting and the money that Rob gets from Vito is $2,500.
What are sealed bids?A technique of contracting known as sealed bidding uses competitive bids, public opening of bids, and awards.
There are several steps involved: (a) The creation of bid invites. Invitations must clearly, thoroughly, and accurately outline the government's requirements.
There is no longer a need for negotiations, and the format for best and final offers ensures that prospective purchasers always disclose their budgets.
This is advantageous for sellers since it ensures a high price and drives away potential later-pulling-out purchasers.
So, the money that Rob gets from Vito:
= 7100 - 4600
= $2,500
Therefore, competitive bids, public opening of bids, and rewards are all used in the sealed bidding method of contracting and the money that Rob gets from Vito is $2,500.
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the common market arrangement that groups brazil, argentina, paraguay, uruguay, bolivia, chile, colombia, ecuador, peru, and suriname is called
The agreement that unites Brazil, Argentina, Paraguay, Uruguay, Bolivia, Chile, Colombia, Ecuador, Peru, and Suriname is known as Mercosur, or the Southern Common Market.
What is the Mercosur, or the Southern Common Market?Mercosur, or the Southern Common Market, is the agreement that brings together Brazil, Argentina, Paraguay, Uruguay, Bolivia, Chile, Colombia, Ecuador, Peru, and Suriname.
Argentina, Brazil, Paraguay, and Uruguay previously made up the economic and political bloc known as Mercosur or the Southern Common Market.
In 2019, the European Union and Mercosur established a preliminary understanding of the proposed free trade deal between the two parties.
The proposed agreement was unveiled on June 28 at the G20 summit in Osaka, Japan, after 20 years of talks.
The association agreement would cover political discourse and collaboration in addition to trade.
On June 18, 2020, negotiations for these two components came to an end.
Therefore, the agreement that unites Brazil, Argentina, Paraguay, Uruguay, Bolivia, Chile, Colombia, Ecuador, Peru, and Suriname is known as Mercosur or the Southern Common Market.
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Answer: Mercosur is the market arrangement that groups of south american countries made.
Explanation:
A reaction in which A,B, and C react to form products is zero order in A, one-half order in B and second order in C.
(b) What is the overall order of the reaction?
(c) By what factor does the reaction rate change if A is doubled (and the other reactant concentrations are held constant)? Express your answer numerically.
(d) By what factor does the reaction rate change if B is doubled (and the other reactant concentrations are held constant)? Express your answer numerically.
(e) By what factors does the reaction rate change if C is doubled (and the other reactant concentrations are held constant)? Express your answer numerically.
(f) By what factor does the reaction rate change if the concentrations of all three reactants are doubled? Express your answer numerically.
(a) Rate = k[A]0[B]1/2[C]2 is the rate equation for the reaction provided, where k is the rate constant and the exponents of the reactant concentrations denote the ordering of the reactants.
How can it be calculated in detail?(b) The individual orders of the reactants are added to determine the reaction's overall order, which in this instance is:
0 + 1/2 + 2 = 5/2 or 2.5
As a result, the response has a 2.5 overall order.
(c) Because there is no order in the reaction in A, the rate is unaffected by the concentration of A. A's concentration can be doubled without affecting the reaction's pace.
(d) The concentration of B to the power of 1/2 has a direct relationship with the reaction rate. As a result, if the concentration of B doubles, the reaction's rate will rise by a factor of sqrt(2), or around 1.41.
(e) The concentration of C to the power of 2 directly affects the rate of the reaction. Hence, the rate of the reaction will rise by a factor of 22 or 4 if the concentration of C is doubled.
(f) The reaction will proceed at the following pace if the concentrations of all three reactants are doubled:
rate = k[A]^0[B]^1/2[C]^2 * 2^0 * 2^1/2 * 2^2
= k[B]^1/2[C]^2 * 2^5/2
= (2^5/2) * rate
Therefore, the rate of the reaction will increase by a factor of 2^5/2 or approximately 11.31.
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an economic model should include all possible details. an economic model should never use simplifying assumptions. an economic model should make clear assumptions. an economic model always accurately predicts cause and effect.
Option (c), A clear set of assumptions should be included in an economic model before proceeding.
What underlying assumptions does an economic model contain?People have understandable, value-related preferences for specific outcomes. In order to maximize their utility, both consumers and enterprises (as producers). Individuals make their own decisions based on complete and relevant information.
When forecasting using an economic model, what premise is essential?When building economic models, economists frequently employ a combination of finite and unlimited resources as their underlying premise. As outcomes that can be connected to a particular value, people's justifiable behaviors are also taken into consideration.
Why do economic models employ assumptions?Economists use assumptions in economic models for a variety of reasons, including the fact that it helps to simplify analysis and make the complex less daunting. Assumptions highlight the problem that is being investigated. Aid economists in quantifying effects using math.
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The correct question is:
Which of the following statements about an economic model is true?
Multiple Choice
an economic model should include all possible details. an economic model should never use simplifying assumptions. an economic model should make clear assumptions. an economic model always accurately predicts cause and effect.24. the desire to fund a project should be based upon a. time savings b. resource constraints c. cost savings d. the value the completed project will provide to an organization. e. none of these
None of these: resource limits, cost savings, or the value the completed project will give to an organization.
What is the distinction between a resource limit and a request?
Limits are defined by Kubernetes as the maximum quantity of a resource that a container can utilize. This implies that the container can never utilize more memory or CPU than is specified. Requests, on the other hand, are the guaranteed minimum quantity of a resource reserved for a container. The maximum total value of all resources in which an individual can have an ownership interest while still qualifying for Medicaid is referred to as the resource limit.
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a clothing store sells $125,000 of shoes in a year. by what percentage would it need to increase its sales if it wanted to realize $200,000 in sales of shoes the next year?
If it wanted to realize $200,000 in the sales of shoes next year by 60%.
What are sales?Sales refer to the exchange of goods or services for money or other forms of compensation. It is the process of persuading and convincing customers to purchase a product or service. Sales involve the identification of potential customers, determining their needs, presenting a solution to fulfill those needs, and closing the deal. It is a crucial aspect of business as it generates revenue and helps businesses grow. Sales can be conducted through various channels such as online, direct, and indirect methods. Sales professionals are responsible for building relationships with customers, managing accounts, negotiating prices, and ensuring customer satisfaction. Sales strategies include marketing, advertising, promotions, discounts, and incentives to attract and retain customers.
% increase = (new value - old value) / old value x 100%
% increase = ($200,000 - $125,000) / $125,000 x 100%
% increase = $75,000 / $125,000 x 100%
% increase = 60%
Therefore, store would need to increase its sales of shoes by 60% to realize $200,000 in sales next year.
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what company is sponsoring the halftime show this year for the first time? what company has been the sponsor for the last 10 years?
Pepsi, the show's previous ten-year sponsor, has been replaced by Apple Music.
What is a brief description of the apple company?The American company Apple creates and markets computer hardware, software, personal computers, and portable devices around the world. Apple was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. It was incorporated in 1977.
Why is Apple well-known?Every project Apple works on is preplanned. Apple tries to show its uniqueness, from the newest features to the product packaging. The group stands out from the other due to its versatility and thoughtfulness, which leads in the majority of clients loving and desiring its products.
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a 10-year treasury note as a face value of $1,000, a price of $1,200, and a 7.5% coupon rate. based on this information, we know the
A $1,000 face value, $1,200 price, and 7.5% coupon rate on a 10-year Treasury note. Using this data, we can determine that this bond's coupon payment is $75.
A Treasury note is what?A commercial U.S. government debt product having a set interest rate and a term between three and 10 years is known as a Treasury note (abbreviated T-note). The government will sell you Treasury notes in either a competing or noncompetitive offer.
Is it wise to invest in treasury notes?Since they are completely guaranteed by the U.S. government, Treasury bonds are regarded as low-risk securities that are typically threat when held to maturity. Treasury bonds yield less than higher-risk investments like equities.
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What records all the transactions in a blockchain?
A merkle tree is a data structure used in computer science to record transactions in a blockchain
Using cryptographic hashes, a blockchain is a growing list of documents (blocks) that are securely connected to one another. Each block includes transaction information, a timestamp, and a cryptographic hash of the one before it. A blockchain is a shared distributed database or ledger between computer network nodes. A blockchain serves as an electronic database for storing data in digital form. The most well-known use of blockchain technology is for preserving a secure and decentralised record of transactions in cryptocurrency systems like Bitcoin. Blockchain is a decentralised, immutable database that makes it easier to track assets and record transactions in a corporate network.
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the intercept of planned aggregate spending is: please choose the correct answer from the following choices, and then select the submit answer button. answer choices autonomous consumer spending plus planned investment. autonomous consumer spending. the marginal propensity to consume. the marginal propensity to consume plus the marginal propensity to save.
The intercept of planned aggregate spending is "autonomous consumer spending," which is the amount of consumer spending that is independent of income and interest rates. This is the Keynesian model of macroeconomics
The intercept is the point at which the planned aggregate spending line intersects the vertical axis, where income is zero. Autonomous consumer spending includes spending on necessities such as food and housing, as well as spending on non-essential goods and services. It does not depend on changes in income or interest rates, and it is not affected by changes in disposable income or savings. Autonomous consumer spending is a critical component of the Keynesian model of macroeconomics, which emphasizes the role of aggregate demand in driving economic growth and stability. By identifying the level of autonomous consumer spending, policymakers can better understand the factors that influence aggregate demand and develop appropriate policies to manage economic fluctuations.
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What promotional mix methods will you use to promote your product/service?(For example, how will you use the following methods:
Advertisements
Personal selling
Direct marketing
Public relations
Sales promotion
1 paragraph for each of them
Answer: When you promote your business, you're engaging in persuasive communication: You want to convince others to buy from you. You must select the right promotional strategy to:
Capture the attention of the right group of potential customers in a credible yet catchy way.
Educate them about your products or services.
Influence them to buy from you.
Advertisements: Advertising is any paid form of media communication. This includes print ads in magazines, trade journals and newspapers, radio and TV announcements, Web-based visibility-building, and billboards. Advertising is a nonpersonal promotional activity because the seller has no direct contact with the potential customer during the communication process.
Personal selling: Face-to-face communication between buyer and seller.
Direct marketing: A form of advertising aimed directly at target customers (usually in their homes or offices) that asks the receiver to take action, such as ordering a product, clipping a coupon, phoning a toll-free number or visiting a store. Catalogs, coupon mailers and letters are common forms of direct marketing.
Public relations: These activities promote a positive image, generate publicity and foster goodwill with the intent of increasing sales. Generating favorable media coverage, hosting special events and sponsoring charitable campaigns are examples of public relations.
Sales promotion: In-store demonstrations, displays, contests and price incentives (50% off, buy-one-get-one-free) are sales promotion techniques.
one of the greatest impacts on large numbers of struggling farmers was a new deal program to________
The Agricultural Coordination Agency (AAA) is the primary New Deal program in U.S. history to restore agricultural prosperity during the Great Depression by curbing agricultural production, reducing export surpluses, and raising prices.
Initially, it was aimed at the unemployed. Federal emergency relief agencies have provided direct assistance to states to take over for the unemployed. The following winter, a job relief program quickly created jobs. President Franklin D. Roosevelt's "New Deal" was intended to accelerate economic recovery through federal action and get Americans back to work. The new federal agency sought to control agricultural production, stabilize wages and prices, and create a massive public works program for the unemployed.
The Agricultural Adjustment Act (AAA) is a federal law passed by US President Franklin D. Roosevelt in 1933 as part of his New Deal. The law provided subsidies to farmers in exchange for limiting the production of certain crops. The subsidies were intended to limit overproduction as it could increase the price of crops.
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refer to table 3.1 above. how much will you need to deposit today in an account paying 7% if you wish to have $1,000 in 5 years?
The amount you deposit now is $712.986 in order to have $1,000 in 5 years with a rate of 7% annually.
What does the financial term FV mean?Potential value (FV) is indeed the proportion that a present investment will increase in value over time when kept in a compound interest account. In other respects, it represents the future worth of a dollar once interest has been taken into account.
You can solve this using the Future Value formula which is:
Future value = Present value x ( 1 + rate)^ number of years
You have everything except the present value so solve for it:
1,000 = PV x (1+7%)[tex]^{5}[/tex]
1,000 = PV x 1.4025517307
PV = 1,000 / 1.4025517307
PV = $712.986
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What is true about informational interviewing?
A. It’s used to gather information, not ask about current or future job openings.
B. Interview questions should only include asking about upsides and benefits of the career.
C. A benefit from conducting informational interviews is that it helps expand your network.
D. Typically, job seekers will interview three people in three completely different career fields.
The truth about informational interviewing is that all of the options are correct
What is meant by informational interviewing?All of the statements are true about informational interviewing:
A. It’s used to gather information, not ask about current or future job openings.
B. Interview questions should only include asking about upsides and benefits of the career. (This is not a requirement, but can be a part of the discussion in informational interviewing.)
C. A benefit from conducting informational interviews is that it helps expand your network.
D. Typically, job seekers will interview three people in three completely different career fields. (This is not a strict requirement, but conducting informational interviews with people in different fields can give a broader perspective and more diverse information.)
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How would you know that the certain cost is direct or indirect cost?
Indirect costs are those associated with sustaining and running a business, whereas direct costs are those that can be linked to a specific product.
Costs are direct costs. A company may easily connect to a specific "cost item," which could be a project, department, or item. This category might include equipment, raw materials, and tools. It may also require labour as long as the labour is specific to the component, division, or project.
Indirect costs, which go beyond the expenses you pay when manufacturing a product, include the costs related to maintaining and managing a firm. These overhead costs are what remain after direct expenses have been estimated.
For instance, the labour for a project is a direct expense if a person is employed to work on it entirely or for a specified amount of hours. Direct expenditures are incurred when your business creates software and requires certain resources, such as acquired frameworks or development tools.
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operational strategies in manufacturing to improve efficiency is typically classified at which strategy level?
Operational strategies in manufacturing to improve efficiency are typically classified at the operational strategy level.
What is Operational strategy?The method a business uses to manage its ongoing operations in order to accomplish its long-term objectives is known as an operational strategy.
The pattern of strategic decisions and actions that define the purpose, goals, and activities of an operation is known as its operations strategy.
The tools used to produce goods and services are operations. Operational, which means daily and specific, is the antithesis of strategy. Operations can be studied from both a tactical and a strategic perspective. It is also customary to make a distinction between the operations strategy's method and substance.
Therefore, Operational strategies in manufacturing to improve efficiency are typically classified at the operational strategy level.
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A plantwide overhead rate based on direct labor hours is ______ appropriate.
a. sometimes
b. never
c. always
A plantwide overhead rate based on direct labor hours is a. sometimes appropriate.
How does direct labor hours affect the calculation of a plantwide overhead rate?The calculation of a plantwide overhead price is based at the direct hard work hours, as it is used to allocate the overhead charges related to production products. Direct hard work hours are the hours spent by using employees at once concerned in the production process. The full overhead costs for the plant are divided via the total direct hard work hours to reach at the plantwide overhead fee. This rate is then used to allocate overhead prices to person products or departments, based at the wide variety of direct hard work hours required to supply them. Using direct exertions hours ensures that the overhead prices are appropriately assigned to the products that require the most hard work and assets. This method enables a employer understand the real value of manufacturing each product and make informed decisions.
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if the inflation index for earnings at the 1st quarter (before resetting) was 120, what would the equivalent 2nd quarter figure be? ethiopian economic summary
Where it states "inflation index" , it should read "price index." Let X represent the cost of a basket of groceries at the time.
What are the figures for Ethiopia's inflation rate?
Ethiopia's annual inflation rate decreased from a six-month high of 35.1% in November 2022 to 33.8% in December 2022. Due to lower costs for most cereal items, edible oil, meat, milk, and eggs, food inflation decreased slightly (to 32.9% from 34.2% in November). As assessed by the yearly change in the price index for personal consumption expenditures, the Federal Open Market Committee (FOMC) believes that inflation of 2% over the longer run is most compatible with the Federal Reserve's mission for maximum
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all else equal, compared to small-budget items such as paper towels, the price elasticity of demand for big-ticket items such as refrigerators is
All else equal, compared to small-budget items such as paper towels, the price elasticity of demand for big-ticket items such as refrigerators is higher.
What is demand?The word demand is defined as the desire of a consumer to buy products as well as services. As in the demand, the consumers immediately pay the prices associated with them. As demand is also defined as the number of things the consumers are prepared for it.
The elasticity of demand is referred to as there are certain demands are there which change in an economic factor in it. As when we see the price is considered the most common economic factor.
Therefore, The right option (A) is correct.
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The correct option is as follows.
higher
lower
very low
equal
there is a change in the manner in which people devote their time. before there was a lot of home production. now, a larger fraction of the adult population is now working in the marketplace, which means that a smaller fraction of the adult population is now occupied with household production. the production in the marketplace is ? a. not counted in real gdp, and the gdp decreases. b. counted in the real gdp, and the gdp decreases. c. not counted in the real gdp, and the gdp increases. d. counted in the real gdp, and the gdp increases.
Option D is the correct solution to this question here. The production in the marketplace is counted in the real GDP, and the GDP increases.
When more adults work in the production sector, the GDP will rise since it measures the domestic production of an economy, which includes all production for the market and excludes household work.
The upward and downward movement of the GDP, which is primarily influenced by supply and demand dynamics, is referred to as the business cycle. The four stages of the business cycle are peak, peaking, peaking, and trough.
Personal consumption, corporate investment, government spending, and net exports are the four elements that make up gross domestic product.
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you are going to invest in a stock mutual fund with a front-end load of 3.5 percent and an expense ratio of 1.51 percent. you also can invest in a money market mutual fund with a return of 2.3 percent and an expense ratio of .20 percent. if you plan to keep your investment for 2 years, what annual return must the stock mutual fund earn to exceed an investment in the money market fund? what if your investment horizon is 10 years? (do not round intermediate calculations. enter your answers as a percent rounded to 2 decimal places.)
A mutual fund is a pooled assortment of resources that puts resources into stocks, bonds, and different protections. The stock mutual fund must earn an annual return of at least 4.79% (2.5% + 1.29% + 3.79%) to exceed the money market fund return over a 10-year period.
For a 2-year investment horizon:
The effective annual rate of the stock mutual fund is:
(1 + r) = (1 - 0.035) / (1 - 0.0151) = 0.96208
r = 1.00 - 0.96208 = 0.03792 or 3.79%
To exceed the money market fund return, the stock mutual fund must earn an annual return greater than 2.3% + 0.20% = 2.5%.
Therefore, the stock mutual fund must earn an annual return of at least 6.29% (2.5% + 3.79%) to exceed the money market fund return over a 2-year period.
For a 10-year investment horizon:
The effective annual rate of the stock mutual fund is:
(1 + r) = (1 - 0.035) / (1 - 0.0151) = 0.96208
r = 1.00 - 0.96208 = 0.03792 or 3.79%
To exceed the money market fund return, the stock mutual fund must earn an annual return greater than 2.3% + 0.20% = 2.5%.
Assuming that the expense ratio remains constant over 10 years, the required annual return of the stock mutual fund is:
(1 + r)^10 = (1.025 / 0.96208)
r = (1.025 / 0.96208)^(1/10) - 1 = 0.01292 or 1.29%
Therefore, the stock mutual fund must earn an annual return of at least 4.79% (2.5% + 1.29% + 3.79%) to exceed the money market fund return over a 10-year period.
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adeline company, a retail store, sold gift cards totaling $242,000 during the current year. the gift cards do not have an expiration date. at the end of the year, gift cards totaling $83,000 have not yet been redeemed. the $83,000 in unredeemed gift cards should be recognized as
Adeline should be able to recognize $159,000 in sales revenue for the year. Unearned or deferred revenue is recorded as a liability.
Receivables are amounts that will also be returned as well as remitted to different parties at a later date.
Accrued interest payable is interest that has already been incurred and has not yet been paid. Accounts receivable are pledging accounts receivable when they're utilized as a guarantee for a loan.
Customers' advances include gift certificates, magazines and newspapers, easy installment deposits, special order deposit accounts, and airline tickets.
When commodities of which the seller did receive an advance payment have been supplied, the salesperson acknowledges income for the government.
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true or false: if price were outlawed as the rationing device (used in markets), there would be no need for another rationing device to take its place. we would have reached utopia.
There wouldn't be a need for another rationing tool if price were banned as the rationing tool (used in markets). Utopia would have been attained. Discuss. That is untrue. Because there will always be a need for rationing, it is necessary.
There will always be a need for a rationing system since we live in a society where decisions must be made on the allocation of finite resources. Price would therefore be the only method of rationing if it weren't for price. Devices for rationing resources are necessary because they allow for the creation of products and services that are most in demand. Price serves as a means of rationing. Producers base their decisions on the price that consumers are willing to pay for a product.
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what are some advantages and disadvantages of a government continuing to issue paper currency in the face of widespread financial innovation?
Answer:
Some of the advantages of a government continuing to issue paper currency in the face of widespread financial innovation include increased trust and confidence in the currency, a sense of security for citizens and businesses, and regulation of the financial system. Disadvantages include the cost of printing and maintaining paper currency, the risk of counterfeiting, and the difficulty of tracking the circulation of paper currency. Additionally, paper currency may not be able to keep up with the speed of modern financial transactions, and its use may hinder the development of new and innovative financial technology.
