You are choosing between two goods, X and Y, and your marginal utility from each is as shown below.Units of X MUx Units of Y MUy1 20 1 162 16 2 143 12 3 124 8 4 105 6 5 86 4 6 6a. If your income is $9.00 and the prices of X and Y are $2.00 and $1.00 respectively, what quantities of each will you purchase to maximize utility?X=_____ units. Y=_____ units.b. What total utility will you realize?c. Assume that other things unchanged, the price of X falls to $1.00. What quantities of X and Y will you now purchase?X=_____ units. Y=_____ units.d. Using the two prices and quantities for X, derive a demand schedule (a table showing prices and quantities demanded for X.Price Quantity Demanded$ $
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Based on the marginal utility and budget constraint, if your income limit is $9, then:
The price of X and Y are $2 and $1, the quantity of each you will purchase to maximize utility is: X = 2 units, Y = 5 unitsThe total utility of (1) is 96If the price of X is reduced to $1, the quantities of X = 4 and Y = 5 will give the optimized utility. The table comparing quantity demanded of X for each price is attached below (table 3)Your budget constraint can be formulated as:
X.P(X) + Y.P(Y) = I
where:
X = units of X
P(X) = price of X per unit
Y = units of y
P(Y) = price of Y per unit
I = Income
Based on the given data, you might rewrite your budget constraint formula as:
2X + Y = 9
Next, you need to find the right bundle that could be created within your budget. To create a bundle, you need to find the amount of each X and Y where their marginal utility per dollars are equal. You might find the marginal utility per dollar for each products by dividing the marginal utility with the product's price for each units.
Take a look at the table 1
Based on the table 1, you find 3 possible scenarios (1,4), (2,5), (3,6). Then, we need to confirm which bundle could meet our budget constraint.
(1,4) --> 2X + Y ... 9
2(1) + (4) ... 9
2 + 4 ... 9
6 < 9 --> below budget constraint
(2,5) --> 2X + Y ... 9
2(2) + (5) ... 9
4 + 5 ... 9
9 = 9 --> at budget constraint
(3,6) --> 2X + Y ... 9
2(3) + (6) ... 9
12 > 9 --> above budget constraint
Then, the right bundle for this case is 2 units of X and 5 units of Y.
The total utility for this scenario would be:
TU (X) = 10 + 8 = 18
TU (Y) = 16 + 14 + 12 + 10 + 8 = 60
TU = TU (X) + TU (Y)
TU = 18 + 60 = 78
In the second case, the price of X falls to $1. Hence, we need create a new table to help us determine the possible budle scenarios for this case.
Please refer to table 2
Since there is a change in price of X, our budget constraint will change into:
X + Y = 9
Based on table 2, we have 3 possible scenarios for the product bundle, they are (2,1), (3,3), and (4,5). We will check each scneario's location within the budget constraint.
(2,1) --> X + Y ... 9
(2) + (1) ... 9
3 < 9 --> below budget constraint
(3,3) --> X + Y ... 9
(3) + (3) ... 9
6 < 9 --> below budget constraint
(4,5) --> X + Y ... 9
(4) + (5) ... 9
9 = 9 --> meet budget constraint
The budle of 4 units of X and 5 units of Y is the correct budget for this case. The total utility for this bundle is:
TU (X) = 20 + 16 + 12 + 8 = 56
TU (Y) = 16 + 14 + 12 + 10 + 8 = 60
TU = TU (X) + TU (Y)
TU = 56 + 60 = 116
The comparison between price and quantity demanded for product X is:
Price Quantity
$2 2
$1 4
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Related Questions
when is a process layout the best choice for a facility? when multiple different products need the same type of work done to make one part when a variety of products are made when a large quantity of a single product is made when a small number of large, complex products are made
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The technique/process layout is exceptional for corporations that produce small numbers of a broad variety of products, commonly the use of general-
purpose machines that can be changed hastily to new operations for exceptional product designs. For example, a producer of custom machinery would use a method layout.
What is a process diagram exact for?A process diagram is a kind of facility layout. Organizations frequently use technique layouts to graph floor plans and arrange gear for maximized efficiency. Plants with a method design may additionally organize work stations, machinery, tools and other equipment in organizations in accordance to the functions they perform.
Process diagram is encouraged for batch production.
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https://brainly.com/question/15101405#SPJ4Employers typically base decisions on false impressions and stereotypes when they fail to clarify in advance what traits and knowledge are necessary for a specific job.TrueFalse
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Employers typically base decisions on false impressions and stereotypes when they fail to clarify in advance what traits and knowledge are necessary for a specific job. - True
Employers may use preconceptions and unconscious biases to decide who to recruit or promote if they fail to specify the precise skills and credentials needed for a position. This may result in prejudice towards particular categories of people and a less qualified and varied workforce. Employers must explicitly state the requirements and duties of a position in job advertising and throughout the interview process to prevent this.
Additionally, they ought to offer managers training and tools to help them prevent unintentional prejudice while making hiring and promotion choices. They should also evaluate candidates using objective indicators of job performance, such as work samples and skill exams.
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Determine if each of ratio are equivalent or not equivalent
equivlent pair of ratio and not equivalent ratio
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Compare the two ratios to determine whether you can use a shared factor to scale one ratio to the other to accomplish this.
What is a comparison example?
When writers do this, they contrast two different things. Metaphor and simile are two examples of the many ways that comparisons can be made.
Writers frequently use analogies to contrast unfamiliar people, places, objects, and ideas with well-known ones in order to help readers better understand what they are attempting to convey.
Examples of comparisons
The path of life is winding and difficult.
The young person with the painful throat awoke to find himself a bear.
The leaves dropped like copper coins that were sparkling.
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how does the date of this article compare with the date on the new york journal and advertiser article? close reading 2. according to these headlines, what happened to the maine? 3. what kinds of evidence does the new york times include to support its account of the incident?
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This article's date is identical to the one in the New York Daily News and Advertiser.
What types of proof is used by the NY Times to back up their version of the incident?Secretary Long was directly quoted in the New York Times as saying that he didn't believe the ship got blown up by an opponent that the explosion was an error brought on by the magazine breaking.
The USS Maine was sunk in what way?In January 1898, the USS Maine, a 1st battleship constructed during 1888 and 1895, was dispatched to Havana to defend American assets during the island nation's protracted uprising against the Spanish authority. Maine sank in the early hours of February 15, 1898, after her forward ammunition ignited magazines blew up.
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the types of accounts which affect retained earnings are
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Revenues, costs, and dividends are the three main transaction types that have an impact on retained earnings.
A dividend example is what?
The cash distributed to shareholders from earnings is an illustration of a dividend. Quarterly payments are the norm for them. As an illustration, AT&T has been providing these distributions for a number of years, with its 2021 third-quarter issuance set at $2.08 per share. The source of a dividend, which is the company's net profit, is a reward that publicly traded corporations give to their shareholders. These benefits could be given in the form of cash, currency equivalents, shares, etc.
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shippers did not immediately shift to the railroads because a. they received financial incentives to stay with canal routes. b. they were not convinced of their reliability. c. canal boats were cheaper. d. they distrusted the safety of the steam engine.
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Option (C), Because canal boats were less expensive than railroads, shippers did not quickly switch to them.
Why did people choose railroads over canals for the purpose of moving goods?Railroads shortened travel times across the country, making it easier and more cheap to transport goods and people.
Why were railroads thought to be better than canals?Railroads could be built more quickly and cheaply than canals, and they did not freeze over in the winter. Although these advantages plainly made railroads preferable to traditional canal systems, their growth was first restrained due to the earlier investments made in canals by many states.
The effects of railroads and canalsA developing train network and rivers linked the frontier to the eastern towns. Produce was delivered in tiny boats through canals and rivers from the farms to the ports. Massive steamships carried both people and freight between ports. Rail links between towns made it possible for everyone to travel more quickly.
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rae, a designer for a business that installs underground sprinkler systems for residential and commercial customers, is experiencing some frustration. she has two bosses, bill and bailey, who both share the ownership responsibilities of the business. while bill is in charge of commercial accounts, bailey is in charge of residential accounts. sometimes, however, bill and bailey double book rae's time, creating irritations and animosity. since they share managerial responsibility, there is no clear way to decide whose accounts are most important. this type of situation represents a violation of fayol's principle of
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The unity of command premise of Fayol is broken in situations like this.
Which of the following best defines a team of workers from several departments who collaborate on a regular basis?A cross-functional team is a workgroup made up of staff members from various functional departments who cooperate to accomplish a given goal.
In the list of possible answers, which of the following is a line organization's benefit?To provide people with guidance along the way, specialists are not necessary.
What are some typical reactions of employees to change?Fear, uncertainty, and worry are typical emotional reactions to change. It's possible that workers won't be able to express their emotions. Or maybe they don't want to tell the boss.
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are you a member of the board of directors, executive officer, 10% shareholder or someone who has the ability to control corporate action of a public or nonpublic company?
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An organization that is privately held by its founders, management, or a group of individual investors is known as a private company. A firm is said to as a public company if it has sold all or a portion of itself to the general public through an IPO.
What purpose does an investor fulfill?A person or organization that utilizes its own funds or funds borrowed from others with the goal of creating a profit is an investor. Anyone who wishes to buy stocks online from the convenience of their home may be considered an investor.
What sort of work does an investor do?It's possible to acquire stocks and bonds with the intention of later selling them at a profit. You may make money by speculating on foreign exchange rates, mutual funds, gold, or real estate..
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Review each of the investment opportunities provided by Earll Investments and Pima Financial Trading. In a three paragraph essay (a minimum of 4-5 sentences), write an analysis of these opportunities that answers the following questions.Based on the evidence available to you, which investment opportunity is more likely to be fraudulent
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Although the financial specialist usually ignores it when marking the agreement, they do define the risk element when they mark the agreement of speculation.
What does the level of investment in markets indicate?A risk or danger is associated with every investment. We cannot ignore the reality that there is always a chance of failure when undertaking any enterprise, regardless of whether it involves real estate, stocks, goods, joint assets, or any other type of asset.
A risk or danger is associated with every investment. We cannot ignore the reality that there is always a potential for danger while undertaking any enterprise, whether it be with regard to real estate, stocks, goods, joint assets, or anything else. Additionally, they do define the risk element while marking the agreement of speculation, although the financial specialist typically ignores it at the time of marking the agreement.
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Common trade agreements include the World Trade Association, economic communities, bartering, countertrade, and free-trade zones. What are possible concerns regarding trade agreements?
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Explanation:
1. Unequal terms: Trade agreements could potentially create an unfair balance of power between two entities, allowing one country or party to benefit while the other is left with unfavorable terms.
2. Exploitation: Trade agreements could be manipulated to allow countries or entities to exploit resources or labor in the other countries in exchange for unfair terms.
3. Job Loss: Trade agreements can lead to job losses in countries that are unable to compete globally due to their industry not being competitive enough. This can create economic instability in countries as well as social unrest.
4. Impacts on Local Communities: Trade agreements can lead to adverse impacts on local communities, such as displacement from their traditional lands, decreased access to natural resources, or ecological destruction.
5. Risk of Dumping: Dumping is the practice of exporting products at very low prices to create an unfairly competitive market for other countries, potentially resulting in major losses for countries that cannot compete. This practice is often seen in trade agreements.
a marketer needs to split up an audience stored in a data extension. which two ways could that data extension population be divided using a split. (choose 2)
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A marketer needs to split up an audience stored in a data extension. He/she can use random sets by fixed number and random sets by percentage.
A random data extension divides subscribers from a standard data extension and places them in new sets of data extensions. You can build up to 12 data sets at a time.
There are two ways to split data extension population.
First, by fixed number. You can choose how many data will be included in the new data sets.
Second, by percentage. Determine the percentage of each data segments you will create.
If the size of data population is big, use random split.
Hence, the possible two ways of splitting are: random sets by fixed number and by percentage.
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abc corporation has just completed an ipo raising $100 million. the investment bankers handling the offering made total commissions of $4 million. it is most likely that this was
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The answer is A Best Efforts Underwriting
What is mean by Best Efforts Underwriting?
The promise made by a service provider to go above and beyond to carry out the terms of a contract is referred to as "best efforts." In the world of finance, an underwriter promises an issuer that they will make every attempt to sell all of the securities they are offering. The underwriter does not promise to sell all of the securities, even when the two parties agree to sell some of them.
Commissions are the answer to the question. Investment bankers who participate in a best efforts underwriting are not held financially accountable and receive a commission on all sales. The syndicate members have accepted financial responsibility and earned the spread by a hard commitment underwriting (considered to be a markup rather than a commission). Due to the fact that rights are covered by a standby underwriting, which would not apply to an IPO, this would not be one.
A contract known as an underwriting agreement is made between the issuing company of a new securities issue and a group of investment bankers known as an underwriting group or syndicate.A pledge from an underwriter to do their best efforts to sell as many shares as feasible is referred to as "best efforts."In general service agreements, it's a word that's substituted for a firm deliverable commitment.A firm commitment or acquired transaction, on the other hand, requires the underwriter to purchase all of the shares or debt and sell it all in order to profit.To know more about Best Efforts Underwriting, Refer to :
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anthony company has analyzed its customer base and realizes that it has a few customers who provide both high revenue and high profitability. this suggests that the appropriate commitment to those customers would be:
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Customer Success would be the proper dedication to those clients given their high revenue and high profitability.
What does the word "revenue" mean?According to the definition, revenue is the total sum of money obtained through conducting commercial activities like sales. It is sometimes referred to as sales on the income statement. It is known as the top line since it appears first on any company's income statement.
What does "profitability" mean to you?How much money a corporation makes compared to the amount it spends determines its profitability. More effective businesses will make more money relative to their costs than less effective businesses, which must spent more to make the same amount of money.
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As a manager, when faced with ethical crises you should . A. take the initiative to address the problem. B. focus on issues most relevant to stockholdersC. wait for the other party to make the first move. D. cover up as much as possible.
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As a manager faced with ethical cries you should Take the initiative to address the problem.
What is Ethical crises?A problem with ethics affects your organization as a whole, not just one or two unethical actions. But you can lessen the damage they cause. It is a case where a business is discovered to have broken the law as a result of unethical behavior.Many issues that begin as corporate crises turn into ethics crises, whether it is the BP oil spill or the GM ignition switch. This change is typically triggered by a failure to accept responsibility for inappropriate actions.To learn more about Ethical crises: https://brainly.com/question/30226876
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The federal government approves additional funding for food resources in Africa. Which of the following would be a potential negative externality for the global environment?O more groundwater pollutionO this one doesnt make senseO other countries follow suit and shift funds from conservation to foodO no if the safety of being insured was worth more to her than the monetary costs of the premiums
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A potential negative externality for the global environment from the federal government approving additional funding for food resources in Africa could be other countries following suit and shifting funds from conservation to food.
An externality is a side effect of an economic activity that affects a third party not directly involved in the activity. In this case, if other countries see the success of the federal government's funding for food resources in Africa, they may also shift their funds from conservation efforts to food production. This could lead to a decrease in global conservation efforts and potentially negative impacts on the environment.
It is important to consider the potential negative externalities of any economic activity, in order to minimize harm to the environment and other third parties. In this case, it may be beneficial for countries to explore ways to increase food production without sacrificing conservation efforts.
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true or false: long-term liabilities are not due in the current year (from the date of the balance sheet).
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The given statement "there are no long-term liabilities this year (from the date of the balance sheet)" is TRUE.
What are Long-term liabilities?Long-term liabilities are monies owing by a corporation to third parties that are due after a year, also referred to as long-term debts.
This distinguishes them from current liabilities, which must be paid off within a year for a business.
Long-term obligations are not due this year (from the date of the balance sheet).
Current liabilities are a business's short-term debts that are due in a year or during a typical operational cycle (e.g. accounts payable).
Long-term (non-current) liabilities are obligations with a maturity date greater than one year. These obligations are reported as such on the balance sheet.
Long-term liabilities, also known as noncurrent liabilities, are debts and other financial commitments that don't include debt and have maturities longer than a year.
Deferred tax liabilities, loans, debentures, and pension commitments are a few examples.
Therefore, the given statement "there are no long-term due dates this year (from the date of the balance sheet)" is TRUE.
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world trade has both benefits and costs. which of the following statements best attests to this fact? select one: a. the u.s. economy and all businesses that participate in this economy were negatively impacted by recent wars. b. the standard of living for citizens in developing nations has significantly decreased due to globalization. c. economists are convinced that global job creation will never occur if our politicians support world trade. d. large companies and small companies agree that the green movement is a global issue. firms are embracing opportunities to bring value to consumers by creating green products and services.
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Large companies and small companies agree that the green movement is a global issue. firms are embracing opportunities to bring value to consumers by creating green products and services.
What does a corporation mean?A group of people can come together to legally form a corporation to do business and run a commercial or industrial venture. Depending on its jurisdiction's corporate legislation, a corporation may be set up in a variety of ways for tax and financial liability reasons.
What makes it a "company"?Because of the desire of its employees to create value, a corporation is known as a company. The Latin word produco, which means to lead forth or bring forward, is the origin of the English verb "to produce." Old French compaignie, or companionship, is the origin of the word "company." Old English, which combines busy with -ness, is also where the word "business" first appeared.
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howard lumber company mistakenly classified a product cost as an expense that totaled $13,300. the company produced 1,330 units of product and sold 665 of them during the year. management is paid a bonus equal to 2% of net income. in the year in which the mistake was made:
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The corporation understated its net income for the year in which the error was made.
Which errors lead to an understatement of net income?Understating of total sales will arise from failing to report revenue collected but not billed. Net income, total equity, and particularly the retained earnings account at the conclusion of the period will all be understated as a result of understating revenues.
Income: what is it?When a company's assets are greater than its obligations, it makes money. The business generates income from sales and gains, respectively. the enterprise. With the company's investment, the organization makes money.
The costs associated with production are fully included in the expenses; however, only a percentage of the product is sold, and the corporation keeps the unsold inventory. Or, to put it another way, income is undervalued and expenses are excessive.
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if my end product had was 50 after a 20% increase what was m orginal total and how do i figure that out
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The original value is 4.54 and the total value is 10.
Let the original value be x.
End product = 50
Increment in end product = 20%
For the total product = 50/20%
For the total product = 10
Percentage formula= (new value - original value) / |original value| × 100
10% = (50-x)/ x × 100
10/100 = (50-x)/ x × 100
Cross-multiplying of 100
10 = (50-x)/ x
Taking x to LHS
10x= 50-x
10x+x= 50
11x = 50
x = 50/11
x = 4.54
∴ The original value (x)= 4.54 or 50/11 and the total value is 10.
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question 5 if an organization want to issue and sign client certificates, what will it need to set up?
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An organization needs to set up an infrastructure to issue and sign client certificates.
What is the meaning of the Client?As part of the client-server model of computer networks, a client is indeed a piece of computer hardware as well as software that accesses some service made available by a server. The client usually connects to the service through a network when the server, which is frequently on a different computer system, is the case.
A client is a specific kind of customer that purchases technical advice from a firm, whereas a customer is an individual who uses a company's products or services. Customers typically purchase things, whereas clients typically purchase recommendations and fixes.
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One of the things that Tyrone loves being able to do as a licensee is help his friends, family, and business associates with their real estate needs. In which of these situations does Tyrone NOT need to disclose his personal interest in the transaction
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Helping his friends, family, and coworkers with their real estate requirements is one of the things Tyrone enjoys being able to do as a licensee. Which of the following scenarios does Tyrone NOT have to reveal his own financial stake in the deal? His own house is being sold.
A licensee is a person who is on someone else's property even if it is not open to the public because the landowner has given them permission to enter, according to U.S. tort law. The bearer of a license may also be referred to as a licensee. The visitor's legal rights are governed by their status as a licensee if they are hurt as a result of the property owner's negligence. When licensees are present, any actions taken on the property by the owner of the land or under their supervision must be done with the same level of caution that a reasonable person would use. There is a responsibility to alert if a dangerous situation is present on the property.
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The promised cash flows of three securities are listed here. If the cash flows are risk-free, and the risk-free interest rate is 5%, determine the no-arbitrage price of each security before the first cash flow is paid.
Security Cash Flow Today ($) Cash Flow in One Year ($)
A 500 500
B 0 1000
C 1000 0
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Security A's no arbitrage price is $1,360.38. Security B's no-arbitrage price is $1,320.75. Security C's no-arbitrage cost is $1,400. Arbitrage is the simultaneous purchase and sale of an asset on various markets.
No-arbitrage price of Security A is:
= Cash flow today + Cash flow in 1 year / (1 + interest rate)
= $ 700 + $ 700 / 1.06
= $ 700 + $ 660.3773585
= $ 1,360.38
No-arbitrage price of Security B is:
= Cash flow today + Cash flow in 1 year / (1 + interest rate)
= $ 0 + $ 1,400 / 1.06
= $ 0 + $ 1,320.754717
= $ 1,320.75
No-arbitrage price of Security C is:
= Cash flow today + Cash flow in 1 year / (1 + interest rate)
= $ 1,400 + $ 0 / 1.06
= $ 1,400 + $ 0
= $ 1,400
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In credit terms of 3/15, n/45, the "3" represents the:a. number of days in the discount periodb. full amount of the invoicec. number of days when the entire amount is dued. percent of the cash discount
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If the account is settled within the discount period, the consumer will receive a 3% cash discount. In this instance, the discount period is 15 days.
These things are shown on several ledger pages, and debit and credit entries are used to demonstrate changes in their values over time. These postings, which are commonly referred to as entries, are kept in a ledger or book of final postings. Common financial accounts include things like sales, receivables, mortgages, loans, PP&E, common stock, sales, services, wages, and payroll. A chart of accounts is a list of each bank account that a specific business, group of athletes, or governmental entity possesses. The act of acquiring, reviewing, and reporting such data is known as accounting. Accountants are employed in the accounting industry.
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georgia's budget for july was $100,000 in sales; she incurred total costs of 89%. how much profit did she make?
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She made a profit of $11,000, which is the amount of money you make from a certain item or service after deducting costs from sales and determining the profit margin.
What exactly does "profit" mean?Profit is the amount of money you have after paying for operating obligations. Gross profit, operational profit, and net profit are the three basic categories of profit. The largest profit is the gross profit. It displays the amount of money that was left over after buying the products and services that were sold.
Does "profit" solely mean monetary gain?Profit is the amount of money that is left over after all costs, obligations, sources of extra income, and operating costs have now been taken into consideration. While both revenue and profit relate to the money a company makes, it is conceivable for a corporation to make both revenue and a net loss.
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if the reserve ratio is 10% and excess reserves increase by $1,000, what is the maximum possible increase in checkable deposits throughout the banking system?
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The maximum possible increase in checkable deposits throughout the banking system is $10,000.
The reserve ratio is the percentage of deposits that banks are required to hold in reserve, in this case, 10%. This means that for every $100 in deposits, banks must hold $10 in reserves. When excess reserves increase by $1,000, banks can legally lend out 90% of the new reserves, which is $900.
This means that checkable deposits can increase by $900 x 10, which is $9,000. As a result, the maximum possible increase in checkable deposits throughout the banking system is $9,000 + $1,000 = $10,000.
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Which of the following includes a list of the sources of capital and the projected income and expenses of the business?
answer choices
Financial plan
Executive Agenda
Marketing Plan
Business Agenda
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The concept here is a Financial plan, these are documents an individual's long-term financial goals and creates a strategy for achieving them. An answer is option, A.
A financial plan is a comprehensive assessment of an individual's current salary and future financial situation using currently known variables to predict future income, assets, and payment schedules.
A financial plan is sometimes referred to as an investment plan, but in the area of personal finance, a financial plan may focus on other specific areas such as risk management, wealth, education, or retirement. Financial planning helps you achieve your financial goals, such as: buying a family home, saving for your children's education, and securing a comfortable retirement or a dream vacation.
It also prepares you for unexpected situations and emergencies, such as Illness, job loss, or the need to renovate your home. Identification of future investment needs, and determination of funding sources. The effective management or use of these funds.
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Help needed....simple question to answer
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The two places where what you type show up in a spreadsheet are the active cell and The formula bar. The answer is option D
What is Active cell in spreadsheet?The active cell is the selected cell where by data is entered when you start typing. It is surrounded by black border. It is only a cell can be active at a time.
What is Formula BarFormula Bar is where data or formulas you enter into a worksheet appear for the active cell. The formula bar shows the content of the cell that is active or selected in Excel
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Tanner's International wants to start exporting to a foreign market. Due to the fact that your boss is traditional, he prefers the traditional exporting technique. Which of the following would be the best argument you could use to advise a different technique
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High transportation expenses and probable trade restrictions will result from exporting will be the best argument you could use to advise a different technique.
Exports are products and services made in one nation and offered to customers in another. Imports and exports together make up global trade. Countries frequently deliberately seek out foreign markets throughout the world for business, providing for additional income and transactional prospects, as opposed to limiting themselves inside their own geographic limits. Modern economies rely heavily on exports because they give individuals and businesses access to a wide variety of new markets. Fostering economic commerce, boosting exports and imports for the advantage of all trading parties, is one of the main goals of diplomacy and foreign policy between countries.
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1. What is the difference between using the Business Card versus the Card views?
a. Business Card view lists the contacts in full screen mode when the contact is selected.
b. Business card uses a business card format and layout whereas Card displays field names with the data.
c. Business Card lists the contacts who have company names first and then displays other contacts.
d. Business card uses a business card format and layout whereas Card displays information in the Reading Pane.
2. Why might you already have contacts when you start Outlook for the first time? a. These would be all contacts that existed in Outlook before the computer was given to you to use.
b. These contacts are samples of how to enter information into a contact card.
c. These contacts were automatically downloaded from your OneDrive account.
d. This would be a Global Address Book that has been up for everyone listed on a specific mail server. 3. How can you combine a list of contacts currently saved in Excel format with the list of contacts in Outlook?
a. Copy the contents of the Excel file and paste into the list of contacts in Outlook.
b. Save the Excel file as an Access file and then open it in the list of contacts in Outlook. c. Save the Excel file as a text file and then open it in the list of contacts in Outlook.
d. Save the Excel file as a .csv file format and then import into Outlook
4. Which is the most efficient way to create two contacts from the same company?
a. Create the first contact per usual, then make a copy of this card where you can enter the information for the next contac
b. From the list of new items to insert, click New Contacts from Same Company
C Ask each contact to send you the information in a format you can insert automatically in Outlook d. Create the first contact per usual and when finished, click Save and New. Contact from the Same Company
5. How can you enter several email addresses for a contact?
a. Enter the email addresses in the Notes area below the business card for quick reference.
b. Create a separate contact card for the other email addresses
c. Enter email addresses in the Details tab of the contact window
a Click the arrow for the Email field and enter the email address in one of the other two fields
Answers
When a contact is chosen, the business card format and layout of the list of contacts appears in full screen mode.
Some email clients and web browsers have a feature called reading pane that enables users to glimpse a message's contents without having to open it. You can swiftly glance through several messages in the reading pane and just open the ones that need a response. It comes in particularly handy when an inbox is overflowing with emails. To rapidly discover the most crucial emails and discard the rest, utilize the reading window to quickly look through subject lines, sender names, and the first few lines of the email body. It makes message sorting more effective and decreases the amount of time needed to manage emails. When a contact is selected and a business card is being used, the Business Card view displays the contacts in full screen mode.
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Assume that you have been hired as the marketing manager for Andrew's Bicycle World, which has three stores in your state. Andrew's has been in business almost 20 years, but has seen the sales of its new bike models decline at each of its stores over the past couple of years. Andrew's is concerned about this trend and has asked you to conduct marketing research in order to determine what is happening and what actions should be taken. eBook Print References CONCEPT REVIEW The marketing research process is a well-defined set of steps that, if followed, should yield invaluable information concerning a firm's market. Marketing researchers use a variety of techniques and gather data from an assortment of sources to provide the goods and services truly desired by people. Regardless of the technique employed, firms follow five basic steps when they engage in the marketing research process For each action, select which part of the market research process it represents 1. Report your findings to Andrew and the other executives of the company / (Cick to selecti Probiem definition Pian development ta to see why the new bicycle models are not selling at Andrew's Dala colection Data analysis Taking ection
Answers
The steps of the marketing research process should be followed in this order:
Issue description
Plan creation
Data gathering
Data evaluation
Taking a step
What is Data analysis?Although numerous groups, organisations, and specialists approach data analysis in various ways, most of them may be boiled down into a general description. Data analysis is the process of modifying, processing, and cleaning raw data in order to obtain useful, pertinent information that supports commercial decision-making. The process offers helpful insights and statistics, frequently presented in charts, graphics, tables, and graphs, which lessen the risks associated with decision-making. Every time we make a decision in our daily lives, we may observe a basic example of data analysis by assessing what has happened in the past or what will happen if we take that action. In its simplest form, this process involves looking at the past or future and making a choice based on that analysis.
Explanation:
Report your findings to Andrew and the other executives of the company- Data analysis
Evaluate the data to see why the new bicycle models are not selling at Andrew's- Data analysis
Gather information from the bicycle owners in the community- Data collection
Decide that the firm should use descriptive and exploratory research- Plan development
Set research objectives for Andrew's bicycle world- Problem definition
Determine the research design- Plan development
Reject your original theory as to why sales are down- Data analysis
Place an order for a different line of bicycles that are popular with many in your community- Take action
Determine why the new module at Andrew's is not selling as well as expected- Data analysis
Use both primary and secondary data in the research process- Data analysis
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