Paul has been forced to retire from his company after over 30 years of employment. compared with his peers who voluntarily retired, he is more likely to be:
A company has $100,000 in cash, $300,000 in accounts receivable, $50,000 in inventory and a $300,000 office building. its current liabilities are $250,000. what is the company's current ratio, and does that ratio good short-term financial strength?
Final answer:
The company's current ratio is 1.8, implying it has $1.80 in assets for every $1.00 of liabilities, indicating good short-term financial strength.
Explanation:
The company's current ratio is calculated by dividing its current assets by its current liabilities. Current assets include cash, accounts receivable, and inventory. The total current assets of the company are $100,000 (cash) + $300,000 (accounts receivable) + $50,000 (inventory) = $450,000. The current liabilities are $250,000. Therefore, the current ratio is $450,000 / $250,000 = 1.8.
A current ratio of 1.8 indicates that the company has $1.80 in current assets for every $1.00 of current liabilities. This is considered to be a good sign of short-term financial strength, as a ratio above 1 typically indicates that a company should be able to cover its short-term obligations without liquidating any fixed assets.
​________ is a publication that provides unbiased ratings and recommendations for a host of products and services
You buy a $10,000 par treasury bill at $9,575 and sell it 60 days later for $9,675. what was your ear?
Answer:
The effective annual rate (EAR) is 6.52% .
Explanation:
EAR is the actual annualized return rate of an investment brings about, in which effect from compounding times within a year is taken into consideration.
Assume we use a 365-day-per year basis for compounding purpose, we have the below EAR calculation:
+ Return on 60-day investment = 9,675/9,575 - 1 = 1.044%;
+ EAR of the 60-day investment = (1+1.044%)^(365/60) - 1 = 6.52% ( which is understood that a year has 365/60 = 6.10 compounding periods).
So, the answer is 6.52%.
Friendlys quick loans, inc., offers you $4.00 for $5.00 or i knock on your door. this means you get $4.00 today and repay $5.00 when you get your paycheck in one week (or else). if you were brave enough to ask, what apr would friendlys say you were paying
The APR for borrowing $4.00 and repaying $5.00 after one week is 1300%, calculated by converting the 25% weekly interest rate to an annual rate by multiplying it by the number of weeks in a year.
To compute the Annual Percentage Rate (APR) for the scenario presented where you receive $4.00 today and repay $5.00 in one week, you need to consider the interest rate over the course of a year. First, calculate the weekly interest rate by taking the interest amount of $1.00 (which is $5.00 - $4.00) and dividing it by the principal amount of $4.00, which gives you 0.25 or 25%. As there are 52 weeks in a year, multiplying the weekly rate by 52 gives the APR:
0.25 x 52 = 13
So, the APR charged by Friendly's Quick Loans, Inc., in this case, would be 1300%.
This is an extremely high rate and is indicative of practices typically associated with payday loans, which are known for their exorbitant interest rates.
The cost of financing the national debt (in terms of average interest rate paid on the debt) has generally _____ over the last 30 years.
a) fluctuated wildly
b) risen
c) fallen
d) stayed the same
The average interest rate paid on the national debt has generally fallen over the last 30 years. The U.S. unemployment rate has fluctuated without a clear long-term upward or downward trend. U.S. federal government spending and taxes have both seen an upward trend in recent decades.
Explanation:The cost of financing the national debt, in terms of the average interest rate paid on the debt, has generally fallen over the last 30 years. While there have been fluctuations, the overall trend has been downward due to factors such as deliberate monetary policy actions and global financial market conditions. It's important to note, however, that interest rates can at times rise due to various economic factors, including inflationary pressures and fiscal policy decisions.
Concerning the U.S. unemployment rate over the long term, it has neither trended significantly up nor down, but has instead experienced periods of both increases and decreases corresponding to economic cycles. Similarly, life expectancy rates in the U.S. have overall continued to gradually rise, although momentarily influenced by events such as pandemics or military conflicts.
Regarding the spending and taxes of the U.S. federal government, there has been a general upward trend in the last few decades. This reflects increases in government obligations, such as social programs and health care, as well as changes in tax policies in response to the needs of the country.
If a union raises the wage in its industry above equilibrium then there is an increase in
When a union raises wages above the equilibrium level, unemployment increases because the supply of labor exceeds the demand. Workers benefit from higher wages, but fewer jobs are available. This reduces firms' incentive to hire.
Impact of Union Wage Increases on Employment
If a union raises the wage in its industry above the equilibrium wage, there is an increase in unemployment. This happens because the higher wage, denoted as Wu, is above the equilibrium wage We. As a result, the quantity of labor supplied (Qs) exceeds the quantity of labor demanded (Qd) by firms.
Union wage negotiations create a situation where workers benefit from higher wages, but the firms' demand for labor decreases. Firms may reduce hiring when wages are higher than the equilibrium, resulting in fewer workers being employed.
In conclusion, while workers who remain employed enjoy higher wages, the overall number of jobs available in the market decreases due to reduced demand for labor.
An ad for asian sensations newest product line of snack foods encourages its readers to "thai something new." the creatives who designed this ad intended its headline to be a(n):
The creatives who designed this ad intended its headline to be an attention-getting device. It is defined as having to show an opening statement in which the speaker uses that is to be engaged to the attention of the audience are likely to be capture after the component of the introduction that the speaker has given.
Question 7 of 25 (1 point) Jump to Question: One of the main responsibilities employers have under OSHA is to: A. Conduct energy audits B. Notify OSHA of any workplace injury or illness C. Provide training required by OSHA standards D. Reduce air pollution in the environment
Axiomatic appeals are generally based on ________.
What is the reason for pooling costs? to shift costs from low-volume to high-volume products. it is a budgeting technique designed to accurately track fixed costs. determining a pool rate for all costs incurred by the same activity reduces the number of cost assignments required. this procedure helps to determine which costs are directly related to production volume. it simplifies departmental overhead costing procedures?
Pooling costs is a budgeting technique used to allocate fixed costs from low-volume to high-volume products or activities, helping to determine costs directly related to production volume and simplifying overhead costing procedures.
Explanation:In business, pooling costs refers to a budgeting technique designed to accurately track fixed costs. It involves combining the costs of multiple low-volume products or activities to allocate those costs to high-volume products or activities.
This pooling of costs helps to determine which costs are directly related to production volume and simplifies departmental overhead costing procedures. By spreading the overhead costs across multiple products or activities, it can result in a more accurate reflection of the cost per unit and help make better informed decisions regarding pricing and resource allocation.
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In an advertising plan, the ____ is the section in which the client and the agency lay out the key factors that define the current conditions and then explain the importance of each factor.
What is the effective rate of a $25,000 interest-bearing simple discount 10%, 90-day note?
________________ refers to the total number of units that are purchased at that price. quantity quantity demanded supply market quantity
Quantity demanded refers to the total number of units that are purchased at that price.
Quantity demanded is defined as the amount of a product that buyers are prepared to purchase at a certain price during a specified period, assuming that all other factors affecting demand (like income levels, preferences, and prices of substitutes) are held constant. This concept is often summarized using the Latin phrase ceteris paribus, which means 'all other things being equal.'
For instance, imagine a town where 100,000 movie tickets are sold each month at a price of $8 per ticket. In this scenario, the quantity demanded for movie tickets at a price of $8 is 100,000. If the price were to increase to $12, we would expect the quantity demanded to decrease; conversely, a price drop to $4 would likely cause the quantity demanded to rise.
Bargeron corporation has a target capital structure of 62 percent common stock, 7 percent preferred stock, and 31 percent debt. its cost of equity is 14.2 percent, the cost of preferred stock is 7.2 percent, and the pretax cost of debt is 8.9 percent. the relevant tax rate is 30 percent.
a. what is the company's wacc? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places,
e.g., 32.16.) wacc %
b. what is the aftertax cost of debt? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places,
e.g., 32.16.) aftertax cost of debt
Carbund is a professional medical fraternity. individuals have to meet certain criteria to become a member of the group. the national association outlines the activities that the members are expected to perform. given the information, carbund is an example of a(n) _____.
how to learn algebra
Final answer:
Learning algebra requires understanding basic arithmetic, learning rules and properties of algebra, practicing different types of problems, seeking help when needed, and using online resources and textbooks.
Explanation:
Learning algebra can be a challenging but rewarding experience. Here are some steps to help you learn algebra:
Start by understanding basic arithmetic operations such as addition, subtraction, multiplication, and division. These operations form the foundation of algebraic expressions.Learn the basic rules and properties of algebra, such as the distributive property, associative property, and commutative property. These rules will help you simplify expressions and solve equations.Practice solving different types of algebraic problems, such as simplifying expressions, solving equations, and graphing linear functions. The more you practice, the more familiar you'll become with algebraic concepts and techniques.Seek help from your teacher or tutor if you're struggling with certain topics or concepts. They can provide additional explanations and examples to clarify your understanding.Use online resources, textbooks, and practice worksheets to supplement your learning. These resources often provide step-by-step explanations and practice problems for you to work on.Remember, learning algebra requires patience, practice, and perseverance. Don't be afraid to make mistakes and learn from them. With time and effort, you'll become more confident in your algebra skills.
Which of the following is true? A. Checks and Debit Cards both withdraw money directly from a bank account. B.Debit cards offer the highest level of fraud protection. C.Checks are the most widely accepted form of payment
D.Debit Cards often have a higher interest rate than Credit Cards.