Although customer-based metrics are crucial, they must also be converted into metrics for the internal work that needs to be done by the business to satisfy its clients.
How do effective performance measures relate to customers?A consumer won't be dissatisfied with the services provided if performance metrics are good. Customer service will be excellent and other business processes will run smoothly if a company has good performance metrics. A business that provides excellent goods and services will be preferred by all customers.
How are performance evaluations made in relation to the principal demands of the client?You may find out how many of your customers would rate their level of satisfaction as very or extremely satisfied by conducting frequent customer satisfaction surveys. The better the results are when more customers give their experiences good ratings.
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what term describes a statistical method that shows the proportion (or number) of employees in different job categories at different times? multiple choice question. leading indicator transitional matrix strategic plan forecasting method
The term transitional matrix refers to a statistical technique that displays the percentage (or total number) of workers in various employment categories across time.
The required details about transitional matrix is mentioned in below paragraph.
A Markov transition matrix is a square matrix that represents the chances of changing states in a dynamic system. The probability of transferring from the state represented by each row to the other states are listed in each row. As a result, a Markov transition matrix's rows all add up to one. If a power of P has only positive entries, then a transition matrix P is said to be regular. If a Markov chain's transition matrix is regular, the chain is a regular Markov chain. As an illustration, the entries of the matrix D will always be positive if you take its successive powers (or so it appears).
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what are some advantages experienced by pioneer firms over later entrants? (choose every correct answer.)
more prone to develop brand aficionados. -Establish a sizable market share advantage. -Easier for clients to identify
The ability for a corporation to expand is one advantage of technological growth, right?or products that significantly alter both the rules of the market and client preferences, as well as whole new markets. One advantage of product innovation is the capability of a corporation to specialize into new product categories.
What ways do early adopters play a key role in the advertising of new brands?An early adopter is someone who tests new things before the majority of clients do. Early adopters are essential to a product with respect because they inform companies and other customers about how the product will function in practical scenarios.
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an economist estimates the value of a beautiful nature preserve by calculating the price premium people pay for houses located adjacent to the preserve. this is an example of what type of economic valuation?
Hedonic pricing. this is an example of hedonic pricing type of economic valuation.
Economic value is the value that people add to an economic good based on the utility they derive from it. Often quoted based on willingness to pay for the item. This is usually measured in currency units.
Economic value should not be confused with market value, which is the market price of goods or services. Market value may be higher or lower than the economic value that a particular person attributes to the commodity.
Economic value is subjective and depends on human will, so it cannot be measured directly. However, various methods have been developed that attempt to quantify or estimate economic value. Economic value is the value that people add to goods and services based on the benefits they derive from them.
Economic value is subjective and difficult or impossible to measure, but there are ways to estimate it.
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What restrictions on business speech are allowed by the First Amendment? Choose 2 answer choices.
Limitations on advertisements for alcohol
A billboard for a hotel on an urban highway
Some advertising venues for tobacco
Business political contributions to a controversial candidate
A. and C. The First Amendment permits limitations on commercial speech as well as restrictions on alcohol and cigarette advertisements.
The provisions of a contract or other instrument may be amended or supplemented. An amendment is a new addition or change that largely maintains the integrity of the original document. The First Amendment, which was adopted on December 15, 1791, and was authorised by Congress on September 25, 1789, protects the rights of Americans to free speech, the press, assembly, and petition. All of these rights are safeguarded under the First Amendment as "freedoms of expression." The First Amendment serves as the cornerstone of the limited government philosophy popular among Western liberals contract. Additionally, financial paperwork are amendable. The Securities and Exchange Commission must receive quarterly and annual earnings reports from publicly traded companies (SEC).
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karume starts his own business as a sole proprietor. this form of business has the advantage of .
Karume starts his own business as a sole proprietor. The advantage of this type of business is that he will get all the profits of the business and he is the sole owner of the business.
What is a business?A business is an organization that engages in commercial, industrial, or professional activities with the aim of earning a profit.
The primary objective of most businesses is to create and deliver products or services that meet the needs or wants of their customers while generating revenue and profits for the owners or shareholders.
Th business that Karume start is sole proprietorship. He gets all the profits of the business by himself and he is the only owner of the business.
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the world income appreciation fund has current assets with a market value of $7.1 billion, 535 million shares outstanding, and a current market price quotation of $14.35. calculate the front-end load. (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
The front-end load is 6.88%. Enter your answer as a percent rounded to 2 decimal places.
NAV = Market Value / Number of shares outstanding
Market Value = $7.1 b = $7100 million
Number of shares = 535 million
=> NAV = 7100 / 535 = $13.27
Current Market Price = $14.35
Hence, Front End Load = (Market Price - NAV)/Market Price * 100% = (14.25 - 13.27)/14.25 *100% = 6.88%
Earnings are difficult to outline conceptually and the definition can be extraordinary for the duration of fields. for instance, a person's income in a financial experience may be unique from their income as described with the resource of the regulation.
A very essential definition of income is Haig–Simons earnings, which defines earnings as intake + trade-in internet truly worth and is widely applied in economics. For households and individuals within America, income is defined with the useful resource of tax law as a sum that consists of any earnings, earnings, profit, interest rate, rent, or some other shape of earnings acquired in a calendar year. Discretionary earnings are frequently described as gross profits minus taxes and special deductions (e.g., compulsory pension contributions), and are broadly used as a basis to take a look at the welfare of taxpayers.
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the primary objective of financial reporting is to provide information: multiple choice 1 about a firm's management team. useful to capital providers. concerning the changes in financial position resulting from the income-producing efforts of the entity. about a firm's financing and investing activities.
Option B. Useful to capital providers. The primary objective of financial reporting is to provide useful information to capital providers.
This includes investors, creditors, and other stakeholders who rely on financial statements to make informed decisions about the allocation of their resources. The information provided through financial reporting includes a firm's financial position, performance, and changes in financial position resulting from its income-producing activities, financing, and investing activities. Financial reporting is necessary to ensure transparency, accountability, and good governance, and it helps to promote efficient capital markets. Therefore, financial reporting must be reliable, relevant, comparable, and understandable to be of value to capital providers.
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Complete question:
The primary objective of financial reporting is to provide information:
A. about a firm's management team
B. useful to capital providers
C. concerning the changes in financial position resulting from the income-producing efforts of the entity
D. about a firm's financing and investing activities.
The account used to summarize the owner's equity in a business is called capital.a. trueb. false
a. true. The account used to summarize the owner's equity in a business is commonly referred to as "capital."
It represents the residual interest in the assets of the business after deducting its liabilities.
In a business, the owner's equity represents the amount of money or assets that the owner has invested in the business, along with any profits or losses earned by the business. The account used to summarize this equity is commonly referred to as "capital." This account represents the ownership interest of the business owner, and it is typically listed on the balance sheet alongside the business's assets and liabilities. By tracking the capital account, the owner can see how much of their own money is tied up in the business, and how much the business is worth overall.
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Transcribed image text: Why should you encourage Derin to use groups to make decisions? Multiple Choice O Groups seek decisions that are good enough. O Groups subsume the primary goal with secondary goals. O Groups have a greater pool of knowledge. Groups cut down on the variety of ideas.
We should encourage Derin to use groups to make decisions because Groups have a greater pool of knowledge. The correct option is c.
What is knowledge?Knowledge is often understood as awareness of facts or as practical skills, and may also mean familiarity with objects or situations. Knowledge of facts, also called propositional knowledge, is often defined as true belief that is distinct from opinion or guesswork by virtue of justification. While there is wide agreement among philosophers that propositional knowledge is a form of true belief, many controversies in philosophy focus on justification.
Whether it is needed at all, how to understand it, and whether something else besides it is needed.
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within the first opening video within session 02, the supply chain professional was describing how he chose scm as a major and the things he liked most about supply chain management as a career. these are the things he likes most:
For supply chain management to be successful, communication skills are essential. They support your ability to lead people, train workers, and convey needs throughout the supply chain.
What does management mean in its most basic sense?Management is the process of carrying out the work or activity required to achieve an organization's objectives in an efficient and effective manner. The procedure implies the management duties.
Why is management so crucial?Any organization needs managers to accomplish its objectives. They serve as the foundation of any business and are responsible for making sure everything works properly. Whether an organization succeeds or fails depends on how successfully its managers carry out their duties.
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in a small, closed economy, national income (gdp) is $350.00 million for the current year. individuals have spent $100.00 million on the consumption of goods and services. they have paid a total of $60.00 million in taxes, and the government has spent $75.00 million on goods and services this year. use this information and the national income identity to answer the questions. how much is spent on investment in this economy?
By using the given information and the national income we have calculated that $175 million is spent on investment in the economy.
The given data is as follows:
The national income (GDP) = $350.00 million
Money spent = $100.00 million
Taxes = $60.00 million
The government spent = $75.00 million
The computation of amount spent on the investment is calculated by using the formula,
GDP = Consumption + Investment + Government purchase + Net exports
Here, the investment amount is the unknown term and all the remaining values are known terms.
$350.00 million = $100 million + investment + $75 million
investment = $350.00 million - $175 million
investment = $175 million
Therefore, we can conclude that $175 million is spent on investment in the economy.
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In general, progressives differed from labor and farm advocates because the progressives:________
In general, progressives differed from labor and farm advocates because the progressives were mostly middle-class urban reformers.
What are progressives?
Progressives advocate for increased social and economic equality as well as advancement in feminism and homosexual rights. They also support government-run social programs, and they want social movements to have more influence in the US.
What philosophies did Progressives hold?
Progressives were those who supported the notion of human advancement and the virtues of democracy. They believed that society should be built on the idea of human rights and that it is the responsibility of the state to ensure the wellbeing of its citizens.
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which legislation enacted in 1916 provides civilian employees of the federal government with medical care, survivors' benefits, and compensation for lost wages?
The legislation enacted in 1916 that provides civilian employees of the federal government with medical care, survivors' benefits, and compensation for lost wages is the Federal Employees' Compensation Act (FECA).
The FECA is a federal law that establishes a comprehensive workers' compensation program for federal employees who are injured or become ill as a result of their employment.
The law provides compensation for wage loss, medical expenses, and vocational rehabilitation services to help injured workers return to their jobs or find new employment. The FECA is administered by the Office of Workers' Compensation Programs (OWCP), a division of the U.S. Department of Labor.
The FECA is an important federal law that helps protect the rights and well-being of federal workers and ensures that they are fairly compensated in the event of a work-related injury or illness.
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A voluntary association is typically a nonprofit organization formed to pursue some common interest.
T/F
The statement is true i.e., A voluntary association is a typical nonprofit organization formed to pursue some common interest.
What does economics mean by voluntary association?A voluntary association is one that was established for non-profit purposes and is listed in the National Board of Patents and Registration's registry of associations by at least three private individuals who want to join it as members or by an agreement of a company or foundation.
What do non-profit organisations do?In modern civilizations, voluntary associations are utilised to fill the same social needs, psychological gaps, and personal wants that traditional communities were intended to fill. They are public organizations. Members are unpaid volunteers who contribute to a common cause.
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Wollogong group limited of new south wales, australia, acquired its factory building 10 years ago. for several years, the company has rented out a small annex attached to the rear of the building for $30,000 per year. the renter’s lease will expire soon, and rather than renewing the lease, the company has decided to use the annex to manufacture a new product. direct materials cost for the new product will total $80 per unit. to have a place to store its finished goods, the company will rent a small warehouse for $500 per month. in addition, the company must rent equipment for $4,000 per month to produce the new product. direct laborers will be hired and paid $60 per unit to manufacture the new product. as in prior years, the space in the annex will continue to be depreciated at $8,000 per year. the annual advertising cost for the new product will be $50,000. a supervisor will be hired and paid $3,500 per month to oversee production. electricity for operating machines will be $1.20 per unit. the cost of shipping the new product to customers will be $9 per unit. to provide funds to purchase materials, meet payrolls, and so forth, the company will have to liquidate some temporary investments. these investments are presently yielding a return of $3,000 per year.Required:Describe each of the costs associated with the new product decision in four ways.
The Wollogong Group Limited of New South Wales, Australia has decided to manufacture a new product in the annex that was previously rented out.
The company has identified various costs associated with the new product decision, including direct materials cost, rent of warehouse and equipment, direct labor cost, depreciation expense, advertising cost, supervisor salary, electricity cost, shipping cost, and opportunity cost.
Direct Materials Cost: $80 per unit. Variable, Direct cost.Rent of Warehouse: $500 per month. Fixed, Indirect cost.Rent of Equipment: $4,000 per month. Fixed, Indirect cost.Direct Labor Cost: $60 per unit. Variable, Direct cost.Depreciation Expense: $8,000 per year. Fixed, Indirect cost.Advertising Cost: $50,000 per year. Fixed, Indirect cost.Supervisor Salary: $3,500 per month. Fixed, Indirect cost.Electricity Cost: $1.20 per unit. Variable, Direct cost.Shipping Cost: $9 per unit. Variable, Direct cost.Opportunity Cost: $3,000 per year. Opportunity cost.To learn more about Wollogong please click on below link.
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a business cycle reflects changes in economic activity, particularly real gdp. the stages of a business cycle are: a.trough, expansion, recession, peak b.contraction, recession, expansion, boom c.expansion, trough, recession, peak d.expansion, peak, recession, trough
The business cycle model demonstrates how a country's real GDP changes over time, passing through several phases as total output rises and falls. Long-term analysis of the business cycle reveals a constant rise in the economy's potential output.
How does the business cycle relate to variations in real GDP?Numerous other economic indicators typically change along with GDP as the economy goes through the business cycle. Employment, incomes, industrial production, and sales across the board the economy tend to rise together with the rising real GDP during an economic expansion.
When the Gross Domestic Product (GDP) fluctuates around its long-term natural growth rate, it is said to be in a business cycle. It shows how an economy changes through time, expanding and contracting in terms of economic activity.
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the bradford company issued 12% bonds, dated january 1, with a face amount of $96 million on january 1, 2024. the bonds mature on december 31, 2033 (10 years). for bonds of similar risk and maturity, the market yield is 14%. interest is paid semiannually on june 30 and december 31. required: 1. determine the price of the bonds at january 1, 2024. 2. to 4. prepare the journal entries to record their issuance by the bradford company on january 1, 2024, interest on june 30, 2024 (at the effective rate) and interest on december 31, 2024 (at the effective rate). note: use tables, excel, or a financial calculator. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1)
To determine the price of the bonds at January 1, 2024, we need to calculate the present value of the future cash flows using the given market yield of 14%.
First, we need to determine the semi-annual coupon payment. The annual coupon payment is 12% of the face amount, which is $96 million x 12% = $11.52 million. The semi-annual coupon payment is $11.52 million / 2 = $5.76 million. We can use the following formula to calculate the present value of the bonds:
PV = (C / i) x [1 - (1 / (1 + i)^n)] + (F / (1 + i)^n)
Where:
PV = Present value of the bonds
C = Coupon payment
i = Market yield / 2 (semi-annual rate)
n = Number of periods
F = Face value of the bonds
Using the above formula, we can calculate the present value of the bonds:
PV = ($5.76m / 0.07) x [1 - (1 / (1 + 0.07)^20)] + ($96m / (1 + 0.07)^20) = $52,829,152.84
Therefore, the price of the bonds at January 1, 2024, is $52,829,152.84.
Journal entries:
To record issuance of bonds on January 1, 2024:
Cash $52,829,153
Bonds payable $52,829,153
Interest on June 30, 2024, with effective rate:
Interest expense $3,698,041.71
Bonds payable $2,062,078.29
Cash $1,635,963.42
Calculation of interest expense:
Carrying value of bonds at beginning of period = PV of future cash flows at issuance = $52,829,152.84
Effective interest rate = 14% / 2 = 7%
Interest expense = $52,829,152.84 x 7% = $3,698,041.71
Interest on December 31, 2024, with effective rate:
Interest expense $4,298,183.51
Bonds payable $2,062,078.29
Cash $2,236,105.22
Calculation of interest expense:
Interest expense = carrying value of bonds at beginning of period x effective interest rate
Carrying value of bonds at beginning of period = carrying value of bonds at end of June 30, 2024 = $50,766,074.55
Effective interest rate = 14% / 2 = 7%
Interest expense = $50,766,074.55 x 7% = $3,537,623.22
Interest expense for the period = $3,537,623.22 + $760,560.29 (amortization of discount) = $4,298,183.51
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at the end of the current year, james company reported total liabilities of $312,000 and total equity of $112,000. the company's debt ratio was:
Debt Ratio is a financial ratio that indicates the percentage of a company's assets that are provided via debt. It is the ratio of total debt and total assets.
What is the meaning of the Debt ratio?A financial measure called the debt ratio shows what proportion of a company's assets are financed by debt. It measures how much debt to assets there is overall.
A decent debt-to-income ratio is often between 1 and 1.5. The appropriate debt-to-equity ratio will, however, vary by business, as some employ more debt financing than others. Capital-intensive businesses with higher ratios that can exceed 2 include the financial as well as manufacturing sectors.
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according to the law of demand: please choose the correct answer from the following choices, and then select the submit answer button. answer choices a decrease in quantity demanded can arise from a decrease in price. an increase in quantity demanded can arise from a decrease in price. changes in price do not change quantity demanded. an increase in quantity demanded can arise from an increase in price.
The correct option is b. An increase in the price of the complements factor decreases demand.
In economics, the call for is the quantity of a terrific that purchasers are inclined to and capable of purchasing at various charges all through a given time. the relationship between price and quantity called for is also referred to as the call for the curve. call for a particular item is a feature of an object's perceived necessity, fee, perceived pleasant, comfort, available alternatives, purchasers' disposable earnings and tastes, and plenty of different alternatives.
In economics, the call for the curve is the graphical illustration of the relationship between the charge and the quantity that purchasers are willing to buy. The curve suggests how the rate of a commodity or service modifications as the quantity demanded will increase. each point on the curve is a number of consumer calls for and the corresponding marketplace charge. The graph suggests the regulation of call for, which states that humans will purchase much less of something if the charge goes up and vice versa.
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Complete Question:
Which factor decreases demand?
Please choose the correct answer from the following choices, and then select the submit answer button.
A). an increase in income
B). increase in the price of complements
C). a decrease in natural resources
D). a decrease in input prices
businesses that have a central management that determines policies, advertising, and pricing for all stores is called__A. RetailerB. WholesalerC. Chain StoresD. Service Business
Businesses that have a central management that determines policies, advertising, and pricing for all stores is called retailer. Typically, retailers don't produce their own goods. The answer is OPTION A.
They buy products from a manufacturer or a wholesaler and then sell them in small quantities to customers. Wholesalers are people who buy products in large quantities from manufacturers with the intention of reselling them for a profit.
Retailers are people who make purchases from wholesalers and sell goods to consumers in smaller quantities. A retailer buys in bulk from wholesalers and sells the products in small quantities to customers. A retailer products essentially keeps a variety of goods in stock. A retailer's goal is to maximise customer satisfaction by going above and beyond their expectations and providing exceptional services.
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talib was starving as he got on the crowded bus with a greasy cheeseburger he had just purchased. as tempting as it was to eat his messy meal right then and there, he worried what the other passengers might think of him if he did so, and decided to wait until he got home. as illustrated here, talib is fully socialized because he has developed a concept of
Talib is fully socialized because he has developed a concept of the generalized other.
How and why do we utilize buy?Additionally, when a noun form is required, you should use "buy," as it is in: You made a wise purchase when your bought petrol before the price increased. Use "buy" for straightforward activities and "buying" for more organized exchange of money for products.
How do sales and purchases work?A person can get the ownership of certain items or properties in her name from another party through the procedure of purchase in exchange for payment of money. Similar to this, a sale is a procedure where ownership of some commodities or assets is transferred by one people (the seller) to that other person (the buyer) in exchange for a fee.
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Complete question:
Talib was starving as he got on the crowded bus with a greasy cheeseburger he had just purchased. As tempting as it was to eat his messy meal right then and there, he worried what the other passengers might think of him if he did so, and decided to wait until he got home. As illustrated here, Talib is fully socialized because he has developed a concept of
concerted cultivationthe generalized otherimitationsocializationas of december 31, of the prior year, brookshire company had assets of $925,000 and liabilities of $285,000. during the current year, the stockholders invested an additional $50,000 and paid dividends of $30,000 from the business. what is the net income for the company during current year, assuming that as of december 31, assets were $980,000, and liabilities were $255,000?
The net income for Brookshire Company during the current year is $65000. It can be calculated by subtracting the total liabilities from the total assets.
First, we subtract the liabilities from the assets of the prior year:
$925,000 - $285,000 = $640,000
Then, we add the additional investment of $50,000 and subtract the dividends of $30,000:
$640,000 + $50,000 - $30,000 = $660,000
Finally, we subtract the total liabilities of the current year from the total assets of the current year:
$980,000 - $255,000 = $725,000
The net income for Brookshire Company during the current year is $725,000 - $660,000 = $65,000. This means that the company earned $65,000 in net income during the current year.
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assuming that the current interest rate is 3 percent, compute the present value of a five-year, 5 percent coupon bond with a face value of $1,000. what happens when the interest rate goes to 4 percent? what happens when the interest rate goes to 2 percent?
The present value of the bond at an interest rate of 3% is $1,091.59.
The present value of the bond at an interest rate of 4% is $1,044.52.
The present value of the bond at an interest rate of 2% is $1,141.40.
What Is the Difference Between a Coupon Bond and a Zero Coupon Bond?The distribution of interest, or coupons, is what distinguishes a conventional bond from a zero-coupon bond. Unlike zero-coupon bonds, regular bonds pay interest to bondholders on a regular basis. In contrast, when a zero-coupon bond matures, the bond's owner just receives the face amount. Regular bonds, commonly referred to as coupon bonds, pay interest throughout their lifespan and then return the principal when they mature.
1.When interest rate is 3%:
Information provided:
Face value= future value= $1,000
Yield to maturity= 3%
Time= 5 years
Coupon rate= 5%
Coupon rate= 0.05 × 1,000= $50
The present value of the bond is calculated by entering the below in a financial calculator:
FV= 1,000
I/Y= 3
N= 5
PMT= 50
Press the CPT key and PV to compute the present value.
The value obtained is $1,091.59.
Therefore, the present value of the bond at an interest rate of 3% is $1,091.59.
2.When interest rate rises to 4%:
Information provided:
Face value= future value= $1,000
Yield to maturity= 4%
Time= 5 years
Coupon rate= 5%
Coupon rate= 0.05 × 1,000= $50
The present value of the bond is calculated by entering the below in a financial calculator:
FV= 1,000
I/Y= 4
N= 5
PMT= 50
Press the CPT key and PV to compute the present value.
The value obtained is $1,044.52.
Therefore, the present value of the bond at an interest rate of 4% is $1,044.52.
3.When interest rate falls to 2%:
Information provided:
Face value= future value= $1,000
Yield to maturity= 2%
Time= 5 years
Coupon rate= 5%
Coupon rate= 0.05 × 1,000= $50
The present value of the bond is calculated by entering the below in a financial calculator:
FV= 1,000
I/Y= 2
N= 5
PMT= 50
Press the CPT key and PV to compute the present value.
The value obtained is $1,141.40.
Therefore, the present value of the bond at an interest rate of 2% is $1,141.40.
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goshen industrial sales has sales of $828,900, total equity of $539,200, a profit margin of 4.6 percent and a debt-equity ratio of 0.55. what is the return on assets?
The Return on assets = 4.56%
Return on assets is a metric that shows how profitable a company is in relation to its total assets.
Net Profit / Total Assets = Return on Assets
Net Profit = Revenue * Marin Profit
Net Profit = $828900 * 4.6%
Net Profit = $38129.40
Total assets equal total equity plus total debt.
Total assets = 539200 + (539200*0.55)
Total assets =$835760
Hence ,
Return on assets = 38129.40 / 835760
Return on assets =0.0456
Return on assets =4.56%
Management, analysts, and investors can use Return on assets (ROA) to determine whether a company's assets are being used efficiently to generate a profit.
Because they will have the same asset base, it is always best to compare the ROA of companies in the same industry. Return on assets (ROA) takes into account a company's debt, whereas the return on equity does not.
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how long does it take to get state taxes back after accepted :in 10 to 14 business days.
It takes 10 to 14 business days to get state taxes back after accepted.
What is taxation and what types of taxation exist?The process by which governments collect money from individuals and businesses in order to finance public goods and services is known as taxation. Income tax, sales tax, property tax, corporate tax, and excise tax are all examples of taxes. Individuals and businesses pay income tax on their earnings, whereas consumers pay sales tax on the goods and services they buy. Property tax is a tax on real estate and other types of property, whereas corporate tax is a tax on corporate profits. Excise tax is a type of tax levied on specific items such as gasoline, tobacco, and alcohol, etc.
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The high-low method can be used to estimate the cost equation using just two points. True or False?
True. The highest and lowest levels of activity or production over a specified time period are the two points that the high-low approach uses to estimate the cost equation.
The high-low approach is a cost estimation methodology that generates a cost equation from just two points. It is used to calculate the fixed cost portion of a cost as well as the variable cost per unit. Analyzing the change in total cost that results from changes in the intensity of activity, such as production or sales, is a key component of the technique. The two marks utilised are frequently the peak and trough of activity over a specific time period. The high-low method is a quick and easy way to estimate prices, but the findings might not always be the most accurate. To gain a more thorough grasp of a company's costs, it is generally used in conjunction with other cost estimation techniques.
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felicia and bernard have decided to go into the quarry business together. they start by writing an agreement that explains the parameters of the business they will own and the responsibilities and roles each of them will have in the business. they have created a(n) .
Examples of typical partnership businesses are law firms, medical groups, real estate investment firms, and accounting groups.
What are the different types of partnerships?
There are four different types of business partnerships:
collaborating as an LLC (also known as a multi-member LLC)
Limited-risk enterprise (LLP)
restricted alliance (LP)
common alliance (GP)
What distinguishes simple from compound partnerships?
When two or more people invest their money in a firm, those individuals are referred to as Partners, their relationship is a Partnership, and the money is Capital. If both partners make an investment at once, the relationship is referred to as a simple partnership. If they put money aside for a future date, they create a compound partnership.
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which type of economy is most prevalent in the world today?
The most prevalent type of economy in the world today is a mixed economy.
What is a Mixed economy?
Mixed economy, which is a combination of both market and government intervention. In a mixed economy, there is a private sector that operates on the principles of supply and demand, but there is also a significant role for the government in regulating and controlling certain aspects of the economy. This can include setting taxes, providing social welfare programs, and regulating industries in the interest of public health and safety.
Most countries in the world today have mixed economies, to varying degrees. Some countries, such as the United States, have a relatively more market-oriented approach, while others, such as the Nordic countries, have a more social welfare-oriented approach. However, even in countries with a more market-oriented approach, there is still typically a role for the government in regulating certain aspects of the economy.
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A plantwide overhead rate based on direct labor hours is ______ appropriate.
Multiple choice question.
sometimes
never
always
Answer: sometimes
Explanation:
what is the best way to characterize the impact of existing impediments to globalization? multiple choice question. the impediments make it difficult for companies to maximize production activities. the impediments reduce the national differences in consumer tastes and preferences. the impediments make it significantly easier for firms to sell their products and services internationally. the impediments increase the economic and political stability among various countries.
The impact of current barriers to globalisation is best described as "the barriers make it harder for corporations to maximise production operations."
The term "globalisation" describes the growing interdependence and connectivity of the world's economies, communities, and cultures as a result of advancements in technology, communication, and transportation. Increased global trade, investment, and the flow of products, services, and information are its defining characteristics. The effects of globalisation on economies, civilizations, and cultures are mixed. On the plus side, it may result in higher economic efficiency and growth, a wider selection of products and services for customers, and enhanced cross-cultural interaction. On the down side, it may result in the loss of jobs, stagnant wages, and cultural uniformity.
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