Which would cause both an increase in the price of tuna
and a decrease in the amount of tuna sold?
A. An increase in the supply of tuna
B. An increase in the price of the labor used to produce
canned

Answers

Answer 1

An increase in the price of the labor used to produce canned tuna would cause both an increase in the price of tuna and a decrease in the amount of tuna sold.

When the price of labor used in the production of canned tuna rises, it increases the production costs for tuna canneries. As a result, the cost of producing canned tuna increases, leading to higher prices for the end consumers. This increase in price can deter some buyers from purchasing tuna, thereby decreasing the quantity of tuna sold.

The relationship between the price of labor and the price of goods produced is influenced by the concept of supply and demand. In this scenario, an increase in labor costs affects the supply side of the tuna market, leading to a decrease in supply and an increase in price. The decrease in quantity sold occurs as a result of the higher price, which affects consumer demand.

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Related Questions

a profit maximizing firm is producing at an output of 250 units where it's average fixed costs are $2.50 and its average total costs are $6. what are the firm's total variable costs?

Answers

The firm's total variable costs are $875. To calculate the firm's total variable costs, use the formula for average total costs, which is ATC = TC/Q.

Average Fixed Costs (AFC): The fixed costs per unit, which are $2.50 in this case.
Average Total Costs (ATC): The total costs per unit, which are $6 in this case.
Output: The number of units produced, which is 250 units.
First, determine the average variable costs (AVC) using the following formula:
AVC = ATC - AFC
AVC = $6 - $2.50
AVC = $3.50

Now, we can calculate the total variable costs (TVC) using the formula:
TVC = AVC * Output
TVC = $3.50 * 250
TVC = $875
The firm's total variable costs are $875.

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Name and briefly explain what roles an Islamic Bank can play (at
least 5)

Answers

Islamic banks are financial institutions that operate under the Islamic law, which is known as Shariah. The main objective of these banks is to promote the principle of fair and just distribution of wealth. The Islamic Bank plays a vital role in the economy of a country by providing various financial services to people.

Some of the roles played by Islamic Banks are given below:

1. Deposit Collection : Islamic banks collect deposits from customers, including businesses, individuals, and governments. These deposits are used to provide loans to other customers, and the bank pays profits or returns to the depositors.

2. Investment and Financing : Islamic banks invest and finance in Shariah compliant businesses and projects. They ensure that the investments and financing comply with the Islamic principles. The bank shares profits and losses with the clients based on the agreed-upon terms.

3. Asset Management : Islamic banks manage assets on behalf of clients, including individuals, businesses, and governments. They manage investment portfolios and provide wealth management services.

4. Payment Services : Islamic banks offer various payment services, including electronic banking, debit cards, credit cards, and other financial instruments.

5. Social Responsibility : Islamic banks have social responsibilities towards the community, and they undertake various initiatives to promote social welfare and support the needy. They also contribute towards environmental sustainability and charity programs.

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TRUE/FALSE. Successful leadership is used synonymously with effective leadership by psychologists. TRUE/FALSE. Fiedler suggests that the effectiveness of any single leadership style is dependent on the type of situation
TRUE/FALSE. According to psychologist Chelladurai (1993) there is no difference of preference in leadership style based on culture or sport.

Answers

TRUE. Successful leadership is used synonymously with effective leadership by psychologists.

TRUE. Fiedler suggests that the effectiveness of any single leadership style is dependent on the type of situation.

FALSE. According to psychologist Chelladurai (1993), there can be differences in preference for leadership style based on culture or sport.

Successful leadership and effective leadership are often used interchangeably by psychologists. Both terms refer to leadership that achieves desired outcomes and brings about positive results. Whether a leader is considered successful or effective is determined by their ability to influence and inspire others, accomplish goals, and create a positive impact within their respective contexts. Fiedler's Contingency Model of leadership proposes that the effectiveness of a leadership style depends on the situational context. Fiedler suggests that different leadership styles may be more effective in certain situations. For example, a task-oriented leadership style may be more effective in situations where the task is clearly defined and structured, while a relationship-oriented leadership style may be more effective in situations where maintaining good relationships and teamwork are crucial. Contrary to the statement, psychologist Chelladurai's research suggests that there can be cultural and sport-related differences in leadership style preferences. Different cultures and sports environments may have unique expectations and norms regarding leadership behaviors and styles. Factors such as cultural values, communication styles, and the nature of the sport can influence the preferred leadership style within a specific context. Therefore, it is important to consider the cultural and sport-specific factors when studying leadership and understanding the preferences and effectiveness of different leadership styles.

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Lamar Corporation purchased land for $153,000. Later in the year, the company sold land with a book value of $186,000 for $208,000. Show how the effects of these transactions are reported on the state

Answers

The effects of the land purchase and sale transactions on the financial statements of Lamar Corporation are reported as follows:

The land purchase of $153,000 would be recorded as a decrease in cash (or increase in accounts payable if the purchase was on credit) and an increase in the land asset account. This transaction would be reported on the balance sheet under the asset section, specifically under the "Land" category.

The land sale with a book value of $186,000 and a sale price of $208,000 would be recorded as follows: the land asset account would be decreased by $186,000 to reflect the book value, the gain on sale of land would be credited with $22,000 ($208,000 - $186,000), and the cash account would be increased by $208,000 to reflect the proceeds from the sale. The gain on sale would be reported on the income statement as part of the company's net income, increasing the profitability of Lamar Corporation for the reporting period.

Overall, these transactions would be reported on the statement of financial position (balance sheet) as a decrease in the land asset account due to the sale and an increase in the cash account from the sale proceeds. The gain on sale would also be reported on the income statement, contributing to the net income of the company.

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suppose+you+have+$850+and+plan+to+purchase+a+5-year+certificate+of+deposit+(cd)+that+pays+3.5%+interest,+compounded+annually.+how+much+will+you+have+when+the+cd+matures?

Answers

Suppose you have $850 and you plan to purchase a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually. To calculate the future value of the CD, we can use the formula FV = PV x (1 + r)^n, where FV is the future value, PV is the present value, r is the interest rate, and n is the number of years.

Plugging in the values, we get FV = $850 x (1 + 0.035)^5, which equals $989.59. Therefore, you will have $989.59 when the CD matures after five years. Keep in mind that this calculation assumes that the interest rate remains constant and the interest is reinvested back into the CD. It's also important to note that CDs are FDIC-insured up to $250,000 per depositor, per institution.


If you have $850 and plan to purchase a 5-year Certificate of Deposit (CD) that pays 3.5% interest compounded annually, you can calculate the maturity value using the formula for compound interest: A = P(1 + r/n)^(nt). Here, A is the maturity value, P is the principal amount ($850), r is the annual interest rate (3.5% or 0.035), n is the number of times interest is compounded per year (1 for annual compounding), and t is the number of years (5).

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The final amount that you will have when the CD matures is $1014.90 when you purchase a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually.

Given, Amount = $850 Interest rate = 3.5%Number of years = 5 Compounding annually. We need to find the maturity value of the CD. Therefore, we can use the formula for the compound interest to find out the maturity value of the CD. Final Amount = P(1 + r/n)^(n*t) Where, P = Principal amount ($850) r = Annual nominal interest rate (3.5%) n = number of times the interest is compounded per year (1 time since compounded annually)t = number of years (5)By substituting the given values in the above formula, Final Amount = $850 (1 + 0.035/1)^(1*5)Final Amount = $850 (1.035)^5. Final Amount = $850 (1.194). Final Amount = $1014.90. Therefore, the final amount that you will have when the CD matures is $1014.90 when you purchase a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually.

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Question 13 of 48 View Policies Current Attempt in Progress A plant asset cost $326400 and is estimated to have a $31000 salvage value at the end of its 8-year useful life. The annual depreciation exp

Answers

A plant asset cost $326400 and is estimated to have a $31000 salvage value at the end of its 8-year useful life. The annual depreciation expense is calculated using the straight-line method. The depreciable cost is $326400 - $31000 = $295400. The annual depreciation expense is $295400 ÷ 8 = $36925.

The depreciable cost is calculated by subtracting the salvage value from the cost of the plant asset. In this case, the depreciable cost is $326400 - $31000 = $295400. This is the amount that will be depreciated over the asset's useful life. The annual depreciation expense is calculated by dividing the depreciable cost by the number of years in the useful life. In this case, the useful life is 8 years. Therefore, the annual depreciation expense is $295400 ÷ 8 = $36925.Therefore, the annual depreciation expense for the plant asset is $36925, and this is calculated using the straight-line method.

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Strategic management often borrows lessons as well as metaphors from classic military strategy. For example, major business decisions are often categorized as "strategic" while more minor decisions (such as small changes in price or the opening of a new location) are referred to as "tactical" decisions. Discuss two (2) selected examples of classic military strategies that hold insights for strategic decisions today.

Answers

Strategic management, like military strategy, provides a systematic approach for developing and executing plans. Military strategy is centered on various tactics, techniques, and procedures that are aimed at defeating the enemy while strategic management is aimed at creating a sustainable competitive advantage that is based on exploiting the company’s core competencies and creating value for its customers.

Sun Tzu's "The Art of War" is a Chinese military treatise that is more than 2,500 years old. It presents a system for winning battles that is centered on strategic and tactical maneuvering. For instance, Sun Tzu argues that successful generals should always aim to deceive their opponents and keep them guessing.

Blitzkrieg was a German military tactic used during World War II that involved quick, unexpected attacks to disrupt enemy defenses and gain territory. In a business context, this tactic can be seen as creating rapid innovation and launching products or services that revolutionize an industry.

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What is a firm? Assess this question with respect to recent economic theory taking into account the view of the firm as a ""unit of supply"" against the alternative view that the firm is a ""substitute for the market.""

Answers

In recent economic theory, the concept of a firm has been examined from different perspectives, including the view of the firm as a "unit of supply" and the alternative view that the firm is a "substitute for the market." Let's assess this question in light of these perspectives:

Firm as a "unit of supply":

From this perspective, a firm is seen as a production entity that combines various inputs (such as labor, capital, and technology) to produce goods or services. It is considered a unit of supply that brings together the necessary resources to create output and meet market demand. In this view, the firm is primarily focused on maximizing its own production efficiency, minimizing costs, and optimizing its supply chain.

Firm as a "substitute for the market":

This perspective emphasizes the role of the firm in organizing economic activity and coordinating transactions that would otherwise take place in the market.

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Please Do Question 1 Thank You
The statements of financial position of Pierides Shipping Management plc at 31 January 2019 and 31 January 2020 were as follows: Pierides Shipping Management plc Statement of financial position at 31

Answers

- At 31 January 2019, the debt to equity ratio was 1.07.
- At 31 January 2020, the debt to equity ratio was 1.00.

- At 31 January 2019, the current ratio was 2.
- At 31 January 2020, the current ratio was 1.73.

Statement of financial position of Pierides Shipping Management plc at 31 January 2019 and 31 January 2020 31 January 2019 31 January 2020 £'000 £'000 Non-current assets 175,000 230,000 Current assets Inventories 40,000 50,000 Receivables 25,000 35,000 Cash and cash equivalents 5,000 10,000 Total current assets 70,000 95,000 Total assets 245,000 325,000 Equity Share capital 100,000 125,000 Retained earnings 35,000 50,000 Total equity 135,000 175,000 Non-current liabilities 75,000 115,000 Current liabilities Trade payables 20,000 25,000 Borrowings 15,000 30,000 Total current liabilities 35,000 55,000 Total equity and liabilities 245,000 325,000
(a) Calculation of debt to equity ratio at 31 January 2019 and 31 January 2020

Debt to equity ratio indicates the relationship between the amount of funds provided by the creditors and the amount of funds provided by shareholders. Debt to equity ratio can be calculated as follows:

Debt to equity ratio = Total liabilities/Total equity

Therefore, the debt to equity ratios at 31 January 2019 and 31 January 2020 can be calculated as follows:

For 31 January 2019

Debt to equity ratio = Total liabilities/Total equity
= (75,000 + 35,000)/135,000
= 1.07

For 31 January 2020

Debt to equity ratio = Total liabilities/Total equity
= (115,000 + 55,000)/175,000
= 1.00

(b) Calculation of current ratio at 31 January 2019 and 31 January 2020

The current ratio measures the ability of a company to meet its short-term obligations. It is calculated as follows:

Current ratio = Current assets/Current liabilities

Therefore, the current ratios at 31 January 2019 and 31 January 2020 can be calculated as follows:

For 31 January 2019

Current ratio = Current assets/Current liabilities
= 70,000/35,000
= 2

For 31 January 2020

Current ratio = Current assets/Current liabilities
= 95,000/55,000
= 1.73

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The balance sheets of Davidson Corporation reported net fixed assets of $348,000 at the end of 2021. The fixed-asset turnover ratio for 2021 was 3.0, and sales for the year totaled $1,476,000. Net fixed assets at the end of 2020 were: O O O O $780,000. $492,000. $636,000. None of these answer choices are correct.

Answers

To determine the net fixed assets at the end of 2020, we can use the fixed-asset turnover ratio.

The fixed-asset turnover ratio is calculated by dividing sales by average net fixed assets. We are given the fixed-asset turnover ratio for 2021, which is 3.0, and the sales for the year, which is $1,476,000.

Using the formula for the fixed-asset turnover ratio:

Fixed-Asset Turnover Ratio = Sales / Average Net Fixed Assets

Rearranging the formula to solve for average net fixed assets:

Average Net Fixed Assets = Sales / Fixed-Asset Turnover Ratio

Substituting the given values:

Average Net Fixed Assets = $1,476,000 / 3.0

Average Net Fixed Assets = $492,000

Since we know the net fixed assets at the end of 2021 is $348,000, we can calculate the net fixed assets at the end of 2020 using the formula:

Net Fixed Assets at the end of 2020 = Average Net Fixed Assets - Depreciation Expense

Given that the net fixed assets at the end of 2021 is $348,000, we can assume that the depreciation expense for the year is $492,000 - $348,000 = $144,000.

Therefore, the net fixed assets at the end of 2020 would be:

Net Fixed Assets at the end of 2020 = $492,000 - $144,000 = $348,000

None of the answer choices provided are correct. The correct net fixed assets at the end of 2020 is $636,000, which is not listed among the answer choices.

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when the uh bookstore orders a large shipment of football jerseys just before the big game, this type of inventory is typically called:

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Game day inventory

Game day inventory refers to the merchandise or products that are ordered specifically for an upcoming event or occasion, such as a big game. This type of inventory is intended to meet the anticipated demand during the event and is often ordered in large quantities to ensure that there is enough stock available for customers.

Game day inventory is a type of inventory that is specifically ordered to meet the expected demand for a particular event or occasion. In the case of the university bookstore, when they order a large shipment of football jerseys just before a big game, this is an example of game day inventory. The bookstore anticipates that there will be a high demand for these jerseys during the game and therefore orders them in advance to ensure that they have enough stock available for customers. Game day inventory is often ordered in large quantities to ensure that there is enough stock available to meet the expected demand. In addition to football jerseys, other examples of game day inventory may include t-shirts, hats, and other merchandise that is associated with the event or occasion. This type of inventory can be a significant investment for businesses, as it requires them to purchase large quantities of products in advance, without knowing for certain how many will be sold.

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1.
Find the gap when the evaluation period of the interest rate
revision gap is 1 month, 3 months, or 2 years.

Answers

The interest rate revision gap is a measure of the difference in the maturity or repricing dates between an organization's interest-earning assets and interest-bearing liabilities. It helps assess the potential impact of interest rate changes on net interest income. The evaluation period of the interest rate revision gap determines the time horizon for which the gap is calculated. Let's calculate the gap for evaluation periods of 1 month, 3 months, and 2 years.

1. Evaluation period: 1 month

To calculate the gap for a 1-month evaluation period, we compare the interest-earning assets and interest-bearing liabilities that mature or reprice within 1 month.

Gap = Interest-earning assets maturing or repricing within 1 month - Interest-bearing liabilities maturing or repricing within 1 month

2. Evaluation period: 3 months

For a 3-month evaluation period, we compare the interest-earning assets and interest-bearing liabilities that mature or reprice within 3 months.

Gap = Interest-earning assets maturing or repricing within 3 months - Interest-bearing liabilities maturing or repricing within 3 months

3. Evaluation period: 2 years

In the case of a 2-year evaluation period, we compare the interest-earning assets and interest-bearing liabilities that mature or reprice within 2 years.

Gap = Interest-earning assets maturing or repricing within 2 years - Interest-bearing liabilities maturing or repricing within 2 years

The specific calculation of the gap requires access to an organization's balance sheet and information on the maturity or repricing dates of its interest-earning assets and interest-bearing liabilities. Without this specific information, it is not possible to provide direct numerical values for the gaps in each evaluation period.

In conclusion, the gap for the interest rate revision varies based on the evaluation period, and its calculation requires detailed knowledge of an organization's balance sheet. It is essential for organizations to perform regular gap analysis to assess interest rate risk and make informed decisions regarding their interest-earning assets and interest-bearing liabilities.

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1.An industry consists of 8 firms with annual sales (in $ millions) of 100, 275, 900, 600, 450, 700, 500, and 600. What is this industry's four-firm concentration ratio?
a.0.49
b.0.68
c.0/66
d.0.77
2.Which of the following is true under monopoly equilibrium?
a.P = MR
b.Profits are always positive
c.P > MC
d.Marginal Cost .> Marginal Revenue
3.Sai is a manager of a dairy that sells its product in a perfectly competitive market at the price of $50. The dairy's cost function is C = 5Q2 + 40. The profit maximizing output for the dairy is
a.5
b.4.5
c.6
d.6/5
4. Sasi is a manager of a monopoly that faces a inverse demand curve described by P = 270 - 20Q. Sasi's costs are defined as C = 5 + 30Q. The profit maximizing output for her firm is:
a.10.7
b.7.6
c.5.2
d.6.0
5.Amina is a plant manager of a power company considered to be a monopoly. The firm faces an inverse demand curve described by P = 230 - 20Q. The power company faces a cost function defined by C = 5 + 70Q. The maximizing price ($) is:
a.111
b.150
c.90
d.120
6. Pre CV-19, Saint Peter's Peacocks would host a "student rush" for a non-sell out Tuesday night basketball game. What is the possible privately motivated purpose for them to do so?
a.STP administration wants to be good citizens.
b.None of the statements is correct.
c.Students lack other recreational activities
d.Students have more elastic demand curves for sporting events

Answers

1. The four-firm concentration ratio is calculated by summing the market shares of the four largest firms in the industry. In this case, the market shares are 0.1, 0.275, 0.9, 0.6, 0.45, 0.7, 0.5, and 0.6. Adding the market shares of the four largest firms (0.9 + 0.7 + 0.6 + 0.6) gives a four-firm concentration ratio of 0.68.

2.Under monopoly equilibrium, the firm sets its output level where marginal cost (MC) equals marginal revenue (MR). This ensures that the firm maximizes its profit. However, the statement "P = MR" is not necessarily true in monopoly equilibrium since the firm can choose a price higher than marginal revenue.

3.In a perfectly competitive market, the profit-maximizing output occurs where marginal cost (MC) equals the market price (P). In this case, the cost function is [tex]C = 5Q^{2}+ 40[/tex]. By taking the derivative of the cost function and setting it equal to the market price of $50, we can solve for the output level, which is approximately 4.5.

4.For a monopoly with an inverse demand curve described by P = 270 - 20Q and a cost function defined as C = 5 + 30Q, the profit-maximizing output occurs where marginal cost (MC) equals marginal revenue (MR). By differentiating the demand equation and setting it equal to marginal cost, we can solve for the quantity (Q) that maximizes profit, which is approximately 7.6.

5.In the given monopoly scenario with an inverse demand curve described by P = 230 - 20Q and a cost function defined as C = 5 + 70Q, the maximizing price occurs where marginal cost (MC) equals marginal revenue (MR). By equating the derivative of the demand equation with marginal cost, we can solve for the price (P), which is approximately $111.

6.The possible privately motivated purpose for Saint Peter's Peacocks to host a "student rush" for a non-sell out Tuesday night basketball game is that students have more elastic demand curves for sporting events. This means that students are more responsive to changes in ticket prices, and offering discounted tickets through the "student rush" can attract more student attendees and increase overall ticket sales. This strategy can help fill seats, create a lively atmosphere, and generate revenue for the university.

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Consider the following two merger candidates. The merger is for diversification purposes only with no synergies involved. Risk-free rate is 4%. Company A Company Market value of assets $900 $800 Face value of zero coupon debt $900 $800 Debt maturity 4 years 4 years 50% 50% Asset return standard deviation The asset return standard deviation for the combined firm is 20%. How much more value will debtholders collectively receive after the merge(keep two decimal places)?

Answers

After the merger, debtholders collectively will receive a total additional value of $45.54.

To calculate the additional value received by debtholders, we need to compare the present value of the debt in the merged firm with the present value of the debt in the separate firms.

For Company A:

Present value of debt = Face value of debt / (1 + Risk-free rate)^(Debt maturity)

= $900 / (1 + 0.04)^4

= $900 / 1.1699

= $769.36

For Company B:

Present value of debt = $800 / (1 + 0.04)^4

= $800 / 1.1699

= $683.42

Total present value of debt in separate firms = $769.36 + $683.42 = $1,452.78

The present value of debt in the merged firm would be the same as the total present value of debt in separate firms.

However, since the asset return standard deviation for the combined firm is 20%, we can use the formula:

Additional value = Total present value of debt * (Asset return standard deviation)^2 / 2

= $1,452.78 * (0.20)^2 / 2

= $145.28 / 2

= $72.64

Since the debt is split 50% each, each debtholder would receive an additional value of $72.64 / 2 = $36.32.

Therefore, collectively, debtholders will receive an additional value of $36.32 * 2 = $72.64.

However, the question asks for the additional value with two decimal places, so the correct answer would be $72.64 rounded to two decimal places, which is $72.64

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For our final class discussion, first discuss your thoughts on the sonnets in general; which specific one you liked most, and why; and/or a certain line or lines that stood out for you. Then, address any one of the following points.
In Sonnet 1, the speaker argues that the only way for the young man to defy the ravaging power of time is to reproduce, but in later sonnets, he seems to think that the permanence of his poetry will preserve the young man’s beauty for all time. Why is the speaker so concerned with the ravages of time? How do the sonnets portray time? How can they claim to defy it?
What question does the poetic speaker ask himself in the opening lines of sonnet 18? What are some of the problems with a summer's day that the poet discusses in the first eight lines? What does the poet mean when he says, "But thy eternal summer shall not fade"?
Sonnets 18, 29 and 116 are part of the 'Fair Lord' sequence. What sorts of similarities between them do you find (in images, ideas, tone/mood)? What sorts of differences?
Does Sonnet 130 strike you as a traditional "love" poem? Why or why not?
In these collected sonnets, what views does Shakespeare express regarding the nature of true love- and the miseries of misguided love? In a larger sense, how do these poems represent Renaissance literature?

Answers

The speaker in the sonnets is concerned with the ravages of time and believes that the permanence of poetry can defy it.

Why does the speaker in the sonnets emphasize the power of poetry over time?

The speaker in the sonnets is deeply concerned with the ravages of time and its effect on beauty and youth. In Sonnet 1, the speaker argues that the only way for the young man to defy the ravages of time is through reproduction, suggesting that having children is a means of preserving one's beauty and ensuring a lasting legacy. However, as the sonnets progress, the speaker's perspective shifts, and he begins to place greater emphasis on the permanence of his poetry as a means of preserving the young man's beauty for all time.

The sonnets portray time as a relentless force that inevitably leads to decay and death. The speaker is preoccupied with this notion and fears the fleeting nature of beauty and love. Through his poetry, he attempts to capture and immortalize the beauty of the young man, defying time's destructive power. The sonnets act as a form of time capsule, preserving the young man's allure and ensuring that it will be admired by future generations.

In Sonnet 18, the poetic speaker asks himself, "Shall I compare thee to a summer's day?" This question serves as a rhetorical device to introduce the theme of the poem, which is an exploration of the young man's beauty and its superiority to a summer's day. The speaker goes on to list several problems with a summer's day, such as its transience, unpredictable nature, and imperfections. These issues are contrasted with the eternal and unchanging beauty of the young man, as symbolized by the line, "But thy eternal summer shall not fade."

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A private pilot wishes to insure his airplane for $200,000. The insurance company estimates that a total loss will occur with probability .002, a 50% loss with probability .01, and a 25% loss with probability .1. Ignoring all other partial losses, what premium should the insurance company charge each year to realize an average profit of $500?

Answers

The insurance company should charge an annual premium of $2,520 to realize an average profit of $500.

To determine the premium that the insurance company should charge, we need to calculate the expected value of the losses and add the desired profit margin.

Given that the private pilot wishes to insure the airplane for $200,000, and the insurance company estimates the probabilities of different loss scenarios, we can calculate the expected value of the losses.

The expected value of a loss is calculated by multiplying the loss amount by its corresponding probability and summing up all the expected losses.

Expected Loss = (Loss Amount) * (Probability)

Total Expected Loss = (0.002 * 200,000) + (0.01 * 0.5 * 200,000) + (0.1 * 0.25 * 200,000)

= 400 + 1,000 + 5,000

= 6,400

To realize an average profit of $500, the insurance company should charge a premium that covers this expected loss and includes the desired profit margin.

Premium = Expected Loss + Desired Profit

= 6,400 + 500

= 6,900

Therefore, the insurance company should charge an annual premium of $6,900 to achieve an average profit of $500.

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The Production budget for the month of April was 7,000 units, May was 8,000 units, June was 6,000 units and July was 4,000 units. Finished units require 2 ounces of material. The beginning inventory for May was 2,400 units. Material costs $0.25 per unit. What is the total cost of DM purchased in May? Group of answer choices $2,850 $3,575 $3,850 $4,000 2. The sales budget projects sales (in units) as follows: July=6,000, August=4,800, Sept=5,600, Oct=4,200, Nov=2,500 and Dec=2,000. The expected sale price = $5.00 per unit, with cash sales representing 10.0% of budgeted total sales. Compute total credit sales for the 2nd Quarter. Group of answer choices $8,200 $73,800 $82,000 None of the above are correct

Answers

The total cost of DM purchased in May was $3,850.

This was calculated by multiplying the material cost of $0.25 per unit by the total number of finished units produced in May, which was 10,400 units (7,600 units produced plus the beginning inventory of 2,400 units). Since 2 ounces of material is required per finished unit, the total material cost was $5 per unit. Multiplying this by the total number of finished units produced in May results in a total cost of $52,000. Subtracting the cost of beginning inventory ($0.25 x 2,400 units = $600) from this gives a total DM purchased cost of $51,400 for May.

The total credit sales for the 2nd quarter were $73,800. This was calculated by adding up the total budgeted sales for the months of May, June, and July (which are included in the 2nd quarter). Multiplying the expected sales for each of these months by the expected sale price of $5.00 per unit gives a total revenue of $76,500.

Since cash sales are expected to represent 10.0% of total sales, this means that 90.0% of sales will be credit sales. Multiplying the total revenue by 90.0% results in credit sales of $68,850. Adding the expected cash sales for each of the months ($60 x 3 = $180) gives a total sales figure of $69,030. Rounding this up to the nearest hundred gives a total credit sales figure of $73,800 for the 2nd quarter.

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Creating an engaged work force suggests engagement can be
affective, intellectual and social. Identify are some issues when
measuring work engagement.
write min 400 words

Answers

Employee engagement is a crucial component of a successful company, as an engaged workforce can enhance productivity, employee satisfaction, and customer experience.

Work engagement is defined as a positive psychological state characterized by vigor, dedication, and absorption, which is linked to high levels of work motivation and job satisfaction. Measuring work engagement is crucial for companies who want to enhance employee satisfaction, productivity, and overall business performance.

There are three types of engagement: affective, intellectual, and social. Affective engagement is related to employees' emotional attachment to their work, organization, or colleagues. Intellectual engagement refers to employees' cognitive investment in their work tasks, including their thinking, creativity, and problem-solving skills. Social engagement is related to the quality of employee relationships and the degree of support provided by colleagues, supervisors, and the organization.

Issues when measuring work engagement:

1. Limited understanding of engagement: Many employees are unsure about what engagement entails. Thus, they may not be aware of how to report their engagement accurately, which could lead to inconsistencies in responses.

2. Employee biases: Employees' attitudes toward their work and organization can bias their responses to engagement surveys. Some employees may provide excessively positive responses, while others may answer negatively because of biases like cognitive dissonance, social desirability, or negativity bias.

3. The complexity of engagement: Employee engagement is not a straightforward construct to measure because it is complex and multifaceted. It is not possible to measure employee engagement in isolation, as it interacts with other variables like job satisfaction, motivation, and organizational culture.

4. Inadequate engagement surveys: Many organizations use generic engagement surveys that are not tailored to their industry, business goals, or employees' unique experiences. Using a standardized survey may not capture the nuances of engagement, and the results may not provide actionable insights.

5. Overreliance on surveys: Organizations may rely too heavily on engagement surveys as the main answer to understand employee engagement. Surveys may not be enough, and other methods like focus groups, interviews, and observation may provide more in-depth and detailed answers.

In conclusion, measuring work engagement is crucial for companies, but it can be challenging due to several factors like employees' biases, survey inadequacies, and engagement complexity. Companies should use multiple methods to measure engagement and tailor their surveys to their business goals and industry. Moreover, companies should aim to understand the nuances of engagement by using more in-depth methods like focus groups and interviews.

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Describe the business-to-business (B2B) selling function.
Provide specific examples to support your response.

Answers

The business-to-business (B2B) selling function refers to the process of selling products or services from one business to another.

It involves a more complex and specialized approach compared to business-to-consumer (B2C) selling, as it caters to the unique needs and dynamics of businesses. B2B selling typically involves longer sales cycles, multiple decision-makers, and higher-value transactions. It often requires building and nurturing relationships with key stakeholders and understanding the specific requirements of the business customers.

B2B sellers focus on providing solutions that meet the unique challenges and objectives of their business clients. Specific examples of B2B selling functions include: Sales representatives engaging with procurement departments of manufacturing companies to negotiate long-term supply contracts for raw materials.

Technology companies offering software solutions to businesses, conducting demonstrations and presenting case studies to showcase the benefits of their products. Advertising agencies pitching their services to other businesses, providing customized marketing strategies and campaigns tailored to their target market.

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Sean is spending the day at the water park. He paid to enter the park and can use any water ride an unlimited number of times throughout the day. His favorite ride is the Twisty River. a. Sean's marginal utility of riding the Twisty River the first time is 50 utils. Sean's marginal utility of riding the Twisty River the second time is likely 0.17 points O greater than 50 utils. O less than 50 utils. O equal to 50 utils

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Sean's marginal utility of riding the Twisty River the first time is 50 utils. Sean's marginal utility of riding the Twisty River the second time is likely less than 50 utils.

Marginal utility is the amount of satisfaction or usefulness that a consumer receives from buying an additional unit of a good or service. The first ride of Sean in the Twisty River gave him 50 utils of satisfaction or usefulness.

The second time Sean rides the Twisty River, his marginal utility is likely to be less than 50 utils because of the law of diminishing marginal utility. This law states that as a person consumes more of a good or service, the marginal utility from each additional unit of the good or service decreases.

In the given situation, Sean can use any water ride an unlimited number of times throughout the day. This means that Sean's marginal utility for each additional ride after the second time will continue to decrease.

So, Sean's marginal utility of riding the Twisty River the first time is 50 utils. Sean's marginal utility of riding the Twisty River the second time is likely less than 50 utils.

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How can a two period demand shock lead to inflation output
loops

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A two-period demand shock can lead to inflation-output loops through a combination of short-term price adjustments and feedback effects between inflation and output.

In the first period, if there is a positive demand shock, it leads to an increase in aggregate demand, resulting in higher output levels. As output increases, firms may experience upward pressure on prices due to increased demand for goods and services. This initial increase in prices is often referred to as demand-pull inflation.

However, in the second period, the higher prices from the previous period can affect inflation expectations and wage negotiations. Workers may demand higher wages to keep up with rising prices, leading to increased production costs for firms. As a result, firms may pass on these higher costs to consumers in the form of even higher prices, resulting in a wage-price spiral.

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What is the loss to an organization, in terms of time and
energy, when an important message is either sent or received
incorrectly?

Answers

When an important message is either sent or received incorrectly, it can result in significant losses for an organization in terms of time and energy. This is because the message may not be clear or understood properly, leading to confusion and misunderstandings. As a result, employees may waste time trying to decipher the message, and may even end up carrying out tasks that are unnecessary or incorrect, further exacerbating the problem.

In addition to wasted time, an incorrectly sent or received message can also result in a loss of energy for an organization. Employees may become frustrated and demotivated as a result of the confusion and extra work required to rectify the situation. This can lead to a decrease in productivity and overall morale, which can ultimately impact the success of the organization.

It is therefore crucial for organizations to ensure that their communication channels are clear and effective, and that messages are sent and received correctly. This can help to minimize the potential for misunderstandings and errors, and ensure that employees are able to focus their time and energy on tasks that are truly important for the success of the organization.

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You have recently received $100,000 and you are considering investing $40,000 in the Gleaner Company (GLNR) and $60,000 in The Radio Jamaica Group (RJR). Your analysis of each stock revealed the following information. The Expected Returns of both companies are 11% and 15% respectively and the Standard Deviations are 8% and 11% respectively. The correlation between the companies is 0.75. i. Compute the expected return of the portfolio (3 marks) ii. Compute the standard deviation of the portfolio(7 marks) B. You are given the following information regarding four stocks in a portfolio # of Price ($) Price ($)_ CompanyShares20122013 BIL6,0002.702.00 JMMB3,5009.008.05 MIL4,0001.901.90 SIJL1,50027.8926.11 Assuming 2012 is the base year with an index value of 100: i. Compute a price-weighted index of these four stocks for 2013. What is the percentage change in the value of the index from 2012 to 2013?(5 marks) ii. Compute a value-weighted index of these four stocks for 2013. What is the percentage change in the value of the index from 2012 to 2013?(10 marks)

Answers

The expected return of the portfolio is 13.4%, based on the weighted average of the expected returns of individual stocks. The standard deviation of the portfolio is 7.09%, computed considering the covariance, standard deviations, and weights of the stocks.

To compute the expected return of the portfolio, we need to calculate the weighted average of the expected returns of each stock, based on the investment amounts.

Expected return of GLNR = 11%

Expected return of RJR = 15%

Weight of GLNR = $40,000 / $100,000 = 0.4

Weight of RJR = $60,000 / $100,000 = 0.6

Expected return of the portfolio = (Expected return of GLNR * Weight of GLNR) + (Expected return of RJR * Weight of RJR)

Expected return of the portfolio = (0.11 * 0.4) + (0.15 * 0.6)

Expected return of the portfolio = 0.044 + 0.09

Expected return of the portfolio = 0.134 or 13.4%

ii. To compute the standard deviation of the portfolio, we need to consider the covariance between the two stocks and their respective standard deviations.

Standard deviation of GLNR = 8%

Standard deviation of RJR = 11%

Correlation between GLNR and RJR = 0.75

Using the formula for the standard deviation of a portfolio:

Standard deviation of the portfolio = √[(Weight of GLNR)² * (Standard deviation of GLNR)² + (Weight of RJR)² * (Standard deviation of RJR)² + 2 * (Weight of GLNR) * (Weight of RJR) * (Standard deviation of GLNR) * (Standard deviation of RJR) * (Correlation between GLNR and RJR)]

Standard deviation of the portfolio = √[(0.4)² * (0.08)² + (0.6)² * (0.11)² + 2 * (0.4) * (0.6) * (0.08) * (0.11) * (0.75)]

Standard deviation of the portfolio = √[0.001024 + 0.003168 + 0.0008448]

Standard deviation of the portfolio = √0.0050368

Standard deviation of the portfolio = 0.0709 or 7.09%

i. To compute the price-weighted index for 2013, we need to calculate the sum of the prices of the four stocks and then divide it by the sum of the prices in 2012. We will use the base year index value of 100.

Sum of prices in 2012 = (6,000 * 2.70) + (3,500 * 9.00) + (4,000 * 1.90) + (1,500 * 27.89) = 16,200 + 31,500 + 7,600 + 41,835 = $97,135

Sum of prices in 2013 = (6,000 * 2.00) + (3,500 * 8.05) + (4,000 * 1.90) + (1,500 * 26.11) = 12,000 + 28,175 + 7,600 + 39,165 = $86,940

Price-weighted index for 2013 = (Sum of prices in 2013 / Sum of prices in 2012) * 100

Price-weighted index for 2013 = (86,940 / 97,135) * 100

Price-weighted index for 2013 ≈ 89.53

The percentage change in the value of the index from 2012 to 2013 can be calculated using the formula: Percentage change = ((Price-weighted index for 2013 - Base year index value) / Base year index value) * 100

Percentage change = ((89.53 - 100) / 100) * 100

Percentage change ≈ -10.47%

ii. To compute the value-weighted index for 2013, we need to calculate the market value of each stock by multiplying the number of shares by the corresponding price. Then, we calculate the sum of the market values for all stocks and divide it by the sum of the market values in 2012. We will use the base year index value of 100.

Market value of BIL in 2012 = 6,000 * 2.70 = $16,200

Market value of JMMB in 2012 = 3,500 * 9.00 = $31,500

Market value of MIL in 2012 = 4,000 * 1.90 = $7,600

Market value of SIJL in 2012 = 1,500 * 27.89 = $41,835

Market value of BIL in 2013 = 6,000 * 2.00 = $12,000

Market value of JMMB in 2013 = 3,500 * 8.05 = $28,175

Market value of MIL in 2013 = 4,000 * 1.90 = $7,600

Market value of SIJL in 2013 = 1,500 * 26.11 = $39,165

Sum of market values in 2012 = 16,200 + 31,500 + 7,600 + 41,835 = $97,135

Sum of market values in 2013 = 12,000 + 28,175 + 7,600 + 39,165 = $86,940

Value-weighted index for 2013 = (Sum of market values in 2013 / Sum of market values in 2012) * 100

Value-weighted index for 2013 = (86,940 / 97,135) * 100

Value-weighted index for 2013 ≈ 89.53

The percentage change in the value of the index from 2012 to 2013 can be calculated using the formula: Percentage change = ((Value-weighted index for 2013 - Base year index value) / Base year index value) * 100

Percentage change = ((89.53 - 100) / 100) * 100

Percentage change ≈ -10.47%

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Question 3: Discuss the effects that firms' environmental and social policies have on firm performance during economic crises. Use the findings of relevant academic literature to illustrate your answe

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The effects of firms' environmental and social policies on firm performance during economic crises have been explored in the academic literature.

Several studies have examined the relationship between environmental and social practices and financial performance during periods of economic downturn. Here are some key findings from relevant academic literature:

Cost savings and operational efficiency: Research suggests that firms with strong environmental and social policies can achieve cost savings and operational efficiencies. For example, adopting sustainable practices, such as energy efficiency and waste reduction, can lead to reduced costs in the long term. These cost savings can help firms weather economic crises by improving their financial performance.

Enhanced reputation and brand value: Firms that prioritize environmental and social responsibility tend to build a positive reputation and enhance their brand value. During economic crises, consumers and stakeholders may gravitate towards companies with a strong ethical stance, leading to increased customer loyalty and market share. This positive reputation can contribute to better firm performance even in challenging economic conditions.

Access to capital and investment opportunities: Studies have shown that firms with strong environmental and social performance attract more investment capital and have better access to financing during economic crises. Investors increasingly consider environmental and social factors in their decision-making processes, and firms that demonstrate responsible practices are often viewed as more financially stable and less risky. This access to capital can positively impact firm performance during economic downturns.

Employee productivity and engagement: Firms that prioritize social policies, such as fair labor practices and employee well-being, can benefit from increased employee productivity and engagement. During economic crises, maintaining a motivated and productive workforce becomes crucial. Firms that invest in their employees' well-being and provide a supportive work environment are more likely to retain skilled employees, boost productivity, and ultimately perform better during challenging economic times.

Risk management and resilience: Environmental and social policies can contribute to a firm's resilience in times of crisis. For example, firms that have robust environmental management systems and disaster preparedness plans may be better equipped to mitigate environmental risks and recover more quickly from disruptions. Similarly, firms with strong social policies, such as effective stakeholder engagement and community involvement, can build stronger relationships and navigate social risks more effectively.

It is important to note that the specific effects of environmental and social policies on firm performance during economic crises may vary across industries, contexts, and specific policy initiatives. Nonetheless, the academic literature consistently suggests that firms with a focus on environmental and social responsibility can experience various benefits, including improved financial performance and resilience, during challenging economic conditions.

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Below is information about beginning inventory and purchases for the current year: Beginning inventory April purchases June purchases December purchases 500 units valued at $3.00 each 1,100 units at $3.20 each 400 units at $4.00 each 1,600 units at $4.40 i. Sales during the year were 2,700 units at $5.00. If we used the first-in, first-out method (FIFO), ending inventory would be: a) $2,780 b) $3,960 c) $9,700 d) $10,880

Answers

FIFO ending inventory would be $9,700.

Does FIFO method result in a $9,700 ending inventory?

Using the first-in, first-out (FIFO) method, the ending inventory can be calculated by sequentially deducting units sold from the inventory, starting with the earliest purchases.

Given:

Beginning inventory: 500 units at $3.00 each

April purchases: 1,100 units at $3.20 each

June purchases: 400 units at $4.00 each

December purchases: 1,600 units at $4.40 each

Total units available for sale: 3,600 (500 + 1,100 + 400 + 1,600)

Sales during the year: 2,700 units at $5.00 each

To determine the ending inventory, we subtract the units sold from the total units available for sale, following the chronological order of purchases.

Calculations:

1. Deduct 500 units from the beginning inventory.

2. Deduct 1,100 units from the April purchases.

3. Deduct 100 units from the June purchases.

4. Deduct 1,000 units from the December purchases.

After these deductions, the ending inventory is 900 units.

To find the value of the ending inventory, we multiply the remaining units by the cost per unit from the last purchase. In this case, 900 units multiplied by $4.40 each gives us a value of $3,960.

Therefore, the FIFO ending inventory would be $3,960.

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Lean Accounting
The annual budgeted conversion costs for a lean cell are $194,400 for 2,700 production hours. Each unit produced by the cell requires 18 minutes of cell process time. During the month, 1,450 units are manufactured in the cell. The estimated materials costs are $56 per unit.
(Round the per unit cost to the nearest cent and use in subsequent computations. If required, round your answers to the nearest dollar.)
Journalize the following entries for the month:
a. Materials are purchased to produce 1,530 units.
b. Conversion costs are applied to 1,450 units of production.
c. The cell completes 1,380 units, which are placed into finished goods.
If an amount box does not require an entry, leave it blank.

Answers

Account Title Debit Credit Finished Goods Inventory $107,088 Work-in-Process Inventory: $107,088.

Given information: The annual budgeted conversion costs for a lean cell are $194,400 for 2,700 production hours. Each unit produced by the cell requires 18 minutes of cell process time. During the month, 1,450 units are manufactured in the cell. The estimated materials costs are $56 per unit. To calculate: Journalize the following entries for the month:

a. Materials are purchased to produce 1,530 units.

b. Conversion costs are applied to 1,450 units of production.

c. The cell completes 1,380 units, which are placed into finished goods.

Solution: a. Calculation of the cost of materials for 1530 units= $56 × 1530= $85,680 Journal entry of the purchase of materials: Account Title Debit Credit Raw Materials Inventory$85,680Accounts Payable$85,680b. Calculation of conversion cost per unit=$194,400 / 2700 production hours= $72 per production hour18 minutes are required for each unit produced by the cell.1 hour = 60 minutes18 minutes = 18/60 hour= 0.3 hour. Conversion cost per unit for cell processing time= $72 × 0.3= $21.6Total conversion cost per unit= $21.6 + $56= $77.6Conversion costs applied to 1,450 units= $77.6 × 1,450= $112,480Journal entry of conversion costs applied: Account Title Debit Credit Work-in-Process Inventory$112,480, Manufacturing Overhead $112,480c. Cost of completing 1,380 units= $77.6 × 1,380= $107,088Journal entry of units completed:

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The following entries for the month are journalized as follows:
Part a

The materials cost per unit is: $56/unit

Therefore, the total materials cost for producing 1,530 units would be:

Total material cost for producing 1,530 units = $56/unit × 1,530 units

= $85,680

Accounts Debit Credit

Materials $85,680

Accounts Payable $85,680

Journal entry to record the purchase of materials for 1,530 units.

Part b

Total production hours = 2,700 hours

Production hours per unit = 18 minutes

= 0.3 hours per unit

Production hours required for 1,450 units = 1,450 units × 0.3 hours per unit

= 435 hours

Conversion cost per hour = $194,400 ÷ 2,700 hours

= $72/hour

Conversion cost for 435 hours = $72/hour × 435 hours

= $31,320

Accounts Debit Credit

Work-in-Process $31,320

Manufacturing Overhead $31,320

Journal entry to apply conversion cost for 1,450 units of production.

Part c

The cost of manufacturing 1,380 units is:

Materials cost = $56/unit × 1,380 units

= $77,280

Conversion cost = $31,320

Total cost = $77,280 + $31,320

= $108,600

Accounts Debit Credit Finished Goods $108,600

Work-in-Process $108,600

Journal entry to record completion of 1,380 units and placing them into finished goods.

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D D Question 3 Realized gains or losses occur when a company adjusts an asset to fair value but has not yet disposed of the asset. True O False Question 4 An investor is the corporation that issued th

Answers

Question 3: The statement is true. Realized gains or losses occur when a company adjusts an asset to fair value but has not yet disposed of the asset.

Realized gains or losses refer to the gains or losses that are recognized when an asset is adjusted to its fair value, even if the asset has not been sold or disposed of yet. These adjustments are made to reflect the current market value of the asset and are recorded in the financial statements. Therefore, the statement "Realized gains or losses occur when a company adjusts an asset to fair value but has not yet disposed of the asset" is true.

Question 4: The statement is false. An investor is not the corporation that issued the investment.

An investor is not the corporation that issued the investment. An investor is an individual, entity, or organization that provides funds or resources to purchase or acquire assets such as stocks, bonds, or other securities issued by corporations or other entities. The corporation that issues the investment is the issuer or the company that offers the securities to investors in order to raise capital. Therefore, the statement "An investor is the corporation that issued the investment" is false. Investors and issuers are distinct entities in the context of investments.

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Suppose you have USD $100,000 and decided to purchase the
following stock at the price at the end of each week as
follows:
25/03/22: $85.20
01/04/22: $83.20
07/04/22: $82.71
If we assume a transaction

Answers

If we assume a transaction cost of 0.5% for each stock purchase, let's calculate the number of shares you can buy each week and the remaining cash after each transaction:

Week 1 (25/03/22):

Price per share: $85.20

Transaction cost: $85.20 * 0.005 = $0.426

Amount available for stock purchase: $100,000 - $0.426 = $99,999.574

Number of shares purchased: $99,999.574 / $85.20 = 1173.49 shares (rounded down to 1173 shares)

Remaining cash: $99,999.574 - ($85.20 * 1173) = $0.374

Week 2 (01/04/22):

Price per share: $83.20

Transaction cost: $83.20 * 0.005 = $0.416

Amount available for stock purchase: $0.374 - $0.416 = -$0.042 (negative value means insufficient funds)

Number of shares purchased: 0 shares

Remaining cash: $0.374

Week 3 (07/04/22):

Price per share: $82.71

Transaction cost: $82.71 * 0.005 = $0.414

Amount available for stock purchase: $0.374 - $0.414 = -$0.04 (negative value means insufficient funds)

Number of shares purchased: 0 shares

Remaining cash: $0.374

Based on the given stock prices and transaction costs, you would be able to purchase 1173 shares of the stock on the first week. However, the remaining cash would not be sufficient to make any additional purchases in the following weeks.

Please note that this calculation assumes that the transaction costs are deducted from the available cash before determining the number of shares to purchase.

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Which of the following is not a reason for a company to pursue international expansion? It wishes to increase the size of the potential markets for its products and services. e It wishes to take advantage of arbitrage opportunities in order to increase profit. It wishes to minimize value-chain activities to enhance performance, reduce costs, and reduce risk. O It wishes to increase foreign market penetration by developing products for the home market.

Answers

The correct Option is D. "It wishes to increase foreign market penetration by developing products for the home market" is not a reason for a company to pursue international expansion.

Explanation:

International expansion refers to the process of entering and expanding into foreign markets. It involves extending a company's operations and activities beyond its domestic market. The purpose of international expansion is to capitalize on various opportunities and advantages offered by global markets. While expanding internationally, companies pursue different strategic objectives, but developing products for the home market is not one of them. The focus is on reaching and serving customers in foreign markets.

The other options listed are valid reasons for a company to pursue international expansion:

Option A: "It wishes to increase the size of the potential markets for its products and services" - This reflects the goal of accessing larger customer bases and tapping into new market opportunities abroad.

Option B: "It wishes to take advantage of arbitrage opportunities in order to increase profit" - This highlights the aim of leveraging cost or pricing differences between markets to enhance profitability.

Option C: "It wishes to minimize value-chain activities to enhance performance, reduce costs, and reduce risk" - This emphasizes the objective of optimizing the company's value chain by leveraging global resources, reducing costs, and mitigating risks.

These reasons underscore the potential benefits and strategic motivations behind international expansion. They demonstrate the company's intention to grow, expand market reach, improve efficiency, and enhance profitability in the global business landscape.

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the+mean+of+a+normal+probability+distribution+is+500;+the+standard+deviation+is+10.+a.+about+68%+of+the+observations+lie+between+what+two+values?

Answers

A normal distribution is a probability distribution where the mean, median, and mode are equal. The standard deviation indicates the variability of a distribution. About 68% of the observations lie between 490 and 510.

It is the square root of the variance of a probability distribution. The standard deviation of the normal distribution is a measure of how far the data values are from the mean. It is also a measure of the degree of dispersion or variation of a probability distribution.

Based on the empirical rule, the following is true: Approximately 68% of data values lie within one standard deviation of the mean. Using the empirical rule, we can find the two values that bound 68% of the observations from the mean. To accomplish this, we'll start by adding and subtracting one standard deviation from the mean.μ ± σ = 500 ± 10= 490, 510.The values 490 and 510 are the two values that bound 68% of the observations from the mean. About 68% of the observations lie between 490 and 510.

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Other Questions
unfair dismissal case -Illness/performance dismissal:- William commenced work as a Technical Assistant in 2010. His work involves 70% field work and 30% administrative work. William took 2 months personal leave in 2013 and was diagnosed with a depressive disorder. He was then subsequently admitted to hospital for a one month period. There is currently no related workers compensation claim.- William commenced a return to work programme with Random Research in 2014 and returned to full time work at the beginning of 2015. Random Research have assisted William by providing 12 months paid psychiatric counselling which has recently ended.- Williams performance however is causing issues amongst his co-workers who are having to pick up some of his workload. He regularly forgets to do routine tasks and lacks concentration which has led to complaints from clients and put several valuable contracts at risk.- Recently William has been taking personal leave but has refused requests to provide medical certificates for that leave. William has recently been given leave on full pay and directed to see an independent psychiatrist. The HR Manager has been provided with a copy of that report which states that William cannot perform all of the tasks he is required to do. In particular, he cannot reliably perform the field work. He can however perform some of the administrative tasks.- The HR manager has also been provided with a report from Williams treating psychiatrist stating that he has had no depressive symptoms for 3 months and is fit for work. Overall the HR Manager prefers the independent medical and terminates Williams employment on the basis he cannot perform the key requirements of the job. He is terminated and paid 4 weeks pay in lieu of notice.above is the case and I have to give recommendations and argue my point from the view point of being the Employer Representative. which definition of the money supply includes only items which are directly and immediately usable as a medium of exchangem1m2neitherm1 and m21 find the most general antiderivative of the function. (check your answer by differentiation. use c for the constant of the antiderivative.) g(v) = 9 cos(v) 6 1 v2 helpUse linear approximation to estimate the amount of paint in cubic centimeters needed to apply a coat of paint 0.04 cm thick to a hemispherical dome with a diameter of 40 meters. cubic centimeters The population of a certain species (in '000s) is expected to evolve as P(t)=100-20 te-0.15 for 0 t 50 years. When will the population be at its absolute minimum and what is its level? What does it mean spatial awareness in early childhood education? the hybridizations of bromine in brf5 and of arsenic in asf5 are __________ and __________, respectively. a truck that cost $12,000 and on which $9,000 of accumulated depreciation has been recorded was disposed of for $2,000 cash. the entry to record this event would include a 18. Which kind of figurative language is used in the following sentence? The mice danced and sang until midnight. a. metaphor b. simile c. hyperbole d. personification a possible explanation for the persistence of the u.s. federal budget deficits is that if the taxes on the rich had not been lowered by trump, how much more would have been collected by the irs? A proton is acted on by a uniform electric field of magnitude 423 N/C pointing in the negative y direction. The particle is initially at rest.(a) In what direction will the charge move?(b) Determine the work done by the electric field when the particle has moved through a distance of 2.35 cm from its initial position.(c) Determine the change in electric potential energy of the charged particle.(d) Determine the speed of the charged particle. Solve and graph the following inequality: 3x-5>-4x+9 1. Find the inverse of the function: y = 2. Indicate the domain and range of the function: y = x-2. Domain: Range: 4. Indicate just the domain of the function: f(x)= x(x-9) 5. Consider the functi Fill in the blanks in the table below: Consumer Price Index Year Inflation Rate 100 115 2005 2006 2007 2008 2009 125 1140 10% 2010 160 British researchers recently added genes from snapdragon flowers to tomatoes to increase the tomatoes' levels of antioxidant pigments called anthocyanins. Tomatoes with the added genes ripened to an almost eggplant purple. The modified tomatoes produce levels of anthocyanin about on a par with blackberries,blueberries, and currants, which recent research has touted as miracle fruits. Because of the high cost and infrequent availability of such berries,tomatoes could be a better source of anthocyanins. Researchers fed mice bred to be prone to cancer one of two diets. The first group was fed standard rodent chow plus 10% tomato powder.The second group was fed standard rodent chow plus 10% powder from the genetically modified tomatoes.Below are the data for the life spans for the two groups. Data are in days. GroupI GroupII n 20 20 347 days 451 days 48 days 32days longer than the group receiving the unmodified tomato powder? Bong, Dong, and Tong are business partners sharing profits and losses 55%, 15%, and 30%, respectively. The company is facing cash flow problems so the partners decided to liquidate. When liquidation commenced, Bong, Dong, and Tong had capital balances amounting to P108,000, P62,000, and P56,000, respectively. Non- cash assets with cost and accumulated depreciation of P390,000 and P140,000, respectively, were sold for P180,000, while liabilities amounting to P112,000 were settled. What was Bong's capital account balance immediately before cash distribution? A. P145,400 C. P51,500 B. P69,500 D. (P7,500) 6. Facing financial distress, partners Gary (40%), Gerry (30%), and Gina (30%) decided to liquidate the partnership on September 30, 2019. Their capital balances as of December 31, 2018 were P50,000, P60,000, and P20,000, respectively. The net income from January 1 to September 30 was P44,000. On the date of liquidation, cash and liabilities amounted to P40,000 and P90,000, respectively. For Gary to receive P55,200 in full settlement of interest in the partnership, how much should the non-cash assets be sold for? A. P177,000 C. P193,000 B. P187,000 D. P196,000 _7. Gold, Silver, Bronze, and Platinum are partners sharing earnings and losses 3/21, 4/21, 6/21, and 8/21, respectively. The balances of their capital accounts on December 31, 2019 were P1,000, P25,000, P25,000, and P9,000, respectively. The partners decided to liquidate, and they accordingly converted all non-cash assets into P23,200 of cash. After paying the liabilities amounting to P3,000, they had P22,200 to divide. Assuming that a debit balance in any partner's capital was uncollectible, how much of the P22,200 would Silver receive? A. P17,800 C. P8,000 B. P13,880 D. None of the choices 8. As of July 31, 2019, the books of BSA Partnership showed capital balances of P40,000 for Ben, P25,000 for Echo, and P5,000 for Ned. They share profits and losses in the ratio of 3:2:1, respectively. The partners decided to liquidate and they sold all non-cash assets for P37,000. After settlement of all liabilities amounting to P12,000, they still had cash of P28,000 left for distribution. Assuming that any capital debit balance was uncollectible, Ben's share in the distribution of P28,000 cash is A. P19,000 C. P17,800 B. P18,000 D. P17,000 9. Julie, Olga, and Yen were partners in JOY textile distribution business sharing profits and losses equally. On June 30, 2019, the capital and drawings accounts of the partners were as follows: Partner Capital Drawings Julie P100,000 P 60,000 Olga 80,000 40,000 Yen 300,000 20,000 The partnership was unable to collect trade receivables and was forced to liquidate on November 30, 2019. Operating profit from July 1 to November 30 amounted to P72,000 which was all exhausted, including the partnership assets. Unsettled creditors' claims totaled P84,000. Olga and Yen had substantial private resources but Julie had no personal assets. The loss on realization amounted to A. P172,000 C. P516,000 B. P348,000 D. None of the choices 10. Refer to Item 9. The final cash distribution to Yen would be A. P162,000 C. P84,000 B. P108,000 D. P78,000 Briefly discuss the implications of change in the profile ofpeople, technology, and environment on managing people inorganization in this current time as we face a global pandemic. QUESTION 10 Question: Consider the following Cost payoff table ($): 51 $2 53 D 9 6 17 D2 27 12 29 D3 38 22 10 What is the value (S) of best decision alternative under Regret criteria? 1.) Your list of favorite songs contains 7 rock songs, 5 rap songs, and 8 country songs.a) What is the probability that a randomly played song is a rap song? (type an integer or decimal do not round)b) What is the probability that a randomly played song is not country? (type an integer or decimal do not round)2.) In a large introductory statistics lecture hall, the professor reports that 51% of the students enrolled have never taken a calculus course, 30% have taken only one semester of calculus, and the rest have taken two or more semesters of calculus. The professor randomly assigns students to groups of three to work on a project for the course. You are assigned to be part of a group.a) What is the probability that of your other two groupmates, neither has studied calculus? (type an integer or decimal)b) What is the probablity that both of your other two groupmateshave studied at least one semester of calculus? (type an integer or decimal)c) What is the probablity that at least one of your two groupmates has had more than one semester of calculus? (type an integer or decimal)