Answer:
False
Explanation:
A shift in the demand curve is caused by :
A change in consumers income, taste changes in seasonA shift can either be outward or inward. It is inward when demand decreases and outward when demand increases.
The magnitude of change needs to be determined to determine the effect on price and quantity . An outward shift would have a different effect from an inward shift
Compute the dollar amount of working capital that can be reduced at year-end if the ending heel raw material inventory is cut by half.
Answer:
Note: The full question is attached as picture below
a. No of units Cost per unit Total Cost
Beginning Inventory 1,200 $8 $9,600
Add Purchase 35,000 $8 $280,000
Inventory available for 36,200 $8 $289,600
production
Less Inventory transferred to 33,200 $8 $265,600
production (16,600 Pairs*2 Heels)
Ending Inventory 3,000 $8 $24,000
b. Working capital will be reduced by: (3,000*$8)/2 = $12,000
Which of the following are arguments that are given to support trade barriers?
A. To increase exports.
B. Foreign firms can pay lower wages.
C. To increase employment domestically.
D. To increase employment abroad.
E. To prevent dumping.
Answer:
E To prevent dumping
Explanation:
There are several arguments that are given to support trade barriers; one of which is to prevent dumping. A country would place embargo on imports with respect to some of the goods that are produced in her country. This is to enable and encourage local production of such goods. Where a country permits importation of goods that are produced locally, such action could being down the efforts of local production ; hence local industries might not thrive in terms of production.
Also, placing embargo on the importation of goods that are produced locally in a country would take away the possibility of making the country for dumping ground in terms of goods that are not up to standard, produced in a foreign country and same would have been imported.
Consider the following 4 bonds A B C D:(a) What is the percentage change in the price of each bond if its yields to maturity falls from 6% to 5%
Answer:
Answer is explained and solved in the explanation section below.
Explanation:
Note: This question is not complete and lacks necessary data to solve. But I have found a similar question on internet and will be using its's data to solve this question for the sake of concept and understanding.
Data Missing:
Bonds Coupon Rates Maturity
A 0% 15 years
B 0% 10 years
C 4% 15 years
D 8% 10 years
Par Value = $1000
Required = % age change in price of bonds, if yields to maturity falls from 6% to 5%.
New YTM = 5%
Old YTM = 6%
For Bond A:
Formula for Old Price = PV(6%, maturity, -annual coupon, -1000)
You need to put this function into Microsoft Excel to solve for old price.
Annual coupon formula = $1000 x coupon rate.
So,
We have,
Maturity = 15 years
Annual Coupon = $1000 x 0% = 0
Old price = PV(6%, maturity, -annual coupon, -1000)
Old price = PV(6%, 15, 0, -1000)
Old Price = $417.27
Now, for new price:
Formula for New Price = PV(5%, maturity, -annual coupon, -1000)
New Price = PV(5%, maturity, -annual coupon, -1000)
New Price = PV(5%, 15, 0, -1000)
New Price = $481.02
Now, we need to find the %age change of bond A.
%age change = (New Price - Old Price) divided by Old Price x 100
%age change = ( $481.02 - $417.27) / ($417.27) x 100
%age change = 15.28%
For bond B:
Old Price = PV(6%, maturity, -annual coupon, -1000)
Maturity = 10 years
Annual Coupon = $1000 x 0% = 0
Old Price = PV(6%, 10, 0, -1000)
Old Price = $558.39
For New Price:
New Price = PV(5%, maturity, -annual coupon, -1000)
New Price = PV(5%, 10, 0, -1000)
New Price = $613.91
%age change = (New Price - Old Price) divided by Old Price x 100
%age change = ( $613.91 - $558.39) / ($558.39) x 100
%age change = 9.94%
For Bond C:
Old Price = PV(6%, maturity, -annual coupon, -1000)
Maturity = 15 years
Annual Coupon = $1000 x 4% = 40
Old Price = PV(6%, 15, -40, -1000)
Old Price = $805.76
New Price = PV(5%, maturity, -annual coupon, -1000)
New Price = PV(5%, 15, -40, -1000)
New Price = $896.20
%age change = (New Price - Old Price) divided by Old Price x 100
%age change = ( $896.20 - $804.76) / ($805.76) x 100
%age change = 11.23%
For Bond D:
Old Price = PV(6%, maturity, -annual coupon, -1000)
Maturity = 10 years
Annual Coupon = $1000 x 8% = 80
Old Price = PV(6%, 10, -80, -1000)
Old Price = $1,147.20
New Price = PV(5%, maturity, -annual coupon, -1000)
New Price = PV(5%, 10, -80, -1000)
New Price = $1,231.65
%age change = (New Price - Old Price) divided by Old Price x 100
%age change = ( $1231.65 - $1147.20) / ($1147.20) x 100
%age change = 7.36%
Hence,
% age change of A = 15.28%
% age change of B = 9.94%
% age change of C = 11.23%
% age change of D = 7.36%
12. When computer professionals take on jobs, they may not enter into relationships with which of the
following?
a) emplover
b) government
c) client
d) society
13. Which of the following does not come under the category of strongly differentiated profession?
a) doctor
b) engineer
c) policeman d) computing professional
14. Which of the following is not a characteristics of profession?
a) knowledge b) code of ethics
c) autonomy
d) happiness
15. Which of the following is a mutual right duty of employer and employee?
a) Fair wage paid promptly
b) Work well done
c) Respect for company reputation d) Honesty of contrast.
Please need help
Answer:
12. When computer professionals take on jobs, they may not enter into relationships with the:
d) society
13. This does not come under the category of strongly differentiated profession:
c) policeman
14. This is not a characteristics of a profession:
d) happiness
15. This is a mutual right duty of employer and employee:
b) Work well done
Explanation:
There is no obvious relationship between a computer professional and the society. While the computing profession is differentiated like a doctor's and an engineer's, the profession of a policeman is not so differentiated. Any of these professionals can also work as policeman. Every profession is known for its specific knowledge, code of ethics, and autonomy, among other characteristics.
