Answer:
Psychographic
Explanation:
Psychographic segmentation is the method which is used for the group prospective, previous or present customers through their shared traits of the personality, lifestyles, beliefs, attitudes, values and other factors.
Under the marketing aspect, this segmentation is a form which divides the consumers into sub- groups grounded on the shared characteristics involving conscious beliefs, priorities and motivations to define as well as predict the behavior of consumer.
So, in this case, the Disney institute explained or stated the example of the psychographic segmentation or method.
Answer:
Psychographic
Explanation:
13. In an efficient market the correlation coefficient between stock returns for two non-overlapping time periods should be a. positive and large. b. positive and small. c. zero. d. negative and small. e. negative and large.
Answer:Option C
Explanation:
According to the Efficient market Hypothesis (EMH) the prices of the product reflect the information. Based on this data the investors plan to invest in the passive investment strategy.
In the efficient market the security prices have quick effects to the new data. The stock share price has random walk in efficient period .The correlation coefficients has to be Zero, or else the returns from one period is used to predict returns of future periods and make abnormal profits.
Paul always hits "reply to all" whenever he answers a team email, even if the email was a question posed by one other person and directed only to Paul. When he initiates an email about his project, he sends it to everyone in his department. Judging only from this information, what impact does Paul have on his department's communications?
Question 14 options:
A) He is spreading confidential information to unauthorized people.
B) He is making everyone in his department feel included as part of the team.
C) He is helping make the department work more efficiently.
D) He is ensuring that each person on the team clearly knows his or her assignment.
E) He is contributing to email overload in his department
Answer:
the correct answer is A) He is spreading confidential information to unauthorized people.
Explanation:
the "open" way paul acts seems like motivating the team spirit. but there is something called "privacy" and "confidentiality" as well.
it is both harmful and unethical for the company and its employees to share all the personal information that are sent to paul's email.
"even if the email was a question posed by one other person and directed only to Paul" this behavior is intolerable and the management must make paul aware of the potential harm he can do to the employees and the company.
Paul's frequent sending of emails to the entire team, even when not necessary, is likely contributing to email overload in his department.
Explanation:Based on the description given, it seems that Paul's choice to constantly 'reply all' to emails and send his project updates to everyone can lead to email overload in his department. This is option E. While some may argue it makes everyone feel like part of the team (option B), or aids efficiency (option C), the information in the question does not suggest these benefits. In fact, it's more likely that, with the excess emails, his colleagues might have to spend unnecessary time sifting through emails that may not pertain to their own work or responsibilities. This can reduce efficiency and potentially cause confusion.
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Which of the following is TRUE about objective criteria?
a. Their scope is often quite narrow.
b. They are often based on personal experience.
c. They are often based on a person's judgment.
d. They are often expressed as ratings.
Answer: C. They are often based on a person's judgment is the original fact about objective criteria.
Explanation:
The objective criteria are often well explained with the reference of our thought of appropriate reasoning thought. It will be the clear choice of preference of the individuals. This is often used in the decision of the customers to convey their wish to buy a certain type of product.
The valuable unbiased nature of choosing the particular product is usually considered as the important factor of individuals Judgement. It will force the customer to act effectively to scrutinize the quality and the history of the product description.
Hank brings several thousand dollars in cash to a small bank and exchanges it for cashier's checks. If this transaction is part of a money laundering scheme, it represents which stage in the process?
Answer:
Placement
Explanation:
Money laundering is an illegal process of concealing the money obtained through an illegal act by passing it through a series of other complex transactions .
It involves the three stages of placement , layering and integration.
Placement is the first stage of money laundering after movement from the source where illegal proceeds are disguised by placing them into circulation through deposit into financial institution to allow easy layering.
Hank's action of exchanging the stolen money for cashier's check is a typical example.
If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one month of interest accrues?
Answer:
560
Explanation:
Thats your answer.
Answer:
561
Explanation:
Answer on knowledge matters
Justin owns a surf shop in Hawaii. His business is doing well, catering to local surfers and tourists who want to learn to surf. He has developed a strong organizational culture, a good marketing plan, and a coherent business strategy. What serves as the foundation for developing these strengths?
Final answer:
The foundation for developing a strong organizational culture, marketing plan, and business strategy in a surf shop lies in having the right skills, knowledge, and competencies. Some essential skills for worker-owners include surfing expertise, business acumen, communication and interpersonal skills, creative problem-solving, and adaptability.
Explanation:
The foundation for developing a strong organizational culture, marketing plan, and business strategy lies in having the right skills, knowledge, and competencies. For a surf shop like Justin's, some of the essential skills and competencies that worker-owners need to successfully support their organizations include:
Surfing Expertise: A deep understanding and experience in surfing is crucial for catering to local surfers and teaching surfing to tourists.Business Acumen: Knowledge of business principles and practices, including marketing, finance, operations, and customer service, is essential for running a successful surf shop.Communication and Interpersonal Skills: The ability to effectively communicate with customers, build relationships, and collaborate with employees is important for establishing a strong organizational culture.Creative Problem-Solving: Being able to think creatively and find innovative solutions to challenges that arise in the surf shop business is key.Adaptability and Resilience: The ability to adapt to changing market conditions, quickly learn new trends and technologies, and bounce back from setbacks is essential in the dynamic surf shop industry.Ocean Gate sells external hard drives for $200 each. Its total fixed costs are $30 million, and its variable costs per unit are $140. The corporate tax rate is 30%. If the economy is strong, the firm will sell 2 million drives, but if there is a recession, it will sell only half as many.
Answer:
What is the firm's degree of operating leverage?
the degree of operating leverage measures the proportion of fixed costs vs. variable costs
total fixed costs = $30,000,000
contribution margin per hard drive = selling price - variable cost = $200 - $140 = $60
tax rate = 30%
expected sales = 2,000,000 hard drives
degree of operating leverage = contribution margin / (total sales - total costs) = (2,000,000 x $60) / ($400,000,000 - $280,000,000 - $30,000,000) = $120,000,000 / $90,000,000 = 1.33
DOL = 1.33
If the economy enters a recession, what will be the firm's after tax profit?
firm's EBIT = total revenue - variable costs - fixed costs
total revenue = 1,000,000 x $200 = $200,000,000total variable costs = 1,000,000 x $140 = $140,000,000total fixed costs = $30,000,000EBIT = $200,000,000 - $140,000,000 - $30,000,000 = $30,000,000
firm's after tax profit = EBIT x (1 - tax rate) = $30,000,000 x (1 - 30%) = $21,000,000
firm's after tax profit = $21,000,000
Percentage decline in sales = 50%
Profit in Recession is = $30,000,000
Decline in profit percentage is= 66.67%
Operating leverage is = 1.33 times..
Kindly see attached picture for explanation.
A section in a contract that ensures that providers of goods and services do not encounter unreasonable financial hardship as a result of uncontrollable increases in the costs of or decreases in the availability of something required to deliver products to customers is referred to as a(n) _________.
Answer:
Escalator clause
Explanation:
A section in a contract that ensures that providers of goods and services do not encounter unreasonable financial hardship as a result of uncontrollable increases in the costs of or decreases in the availability of something required to deliver products to customers is referred to as an escalator clause.
Escalator clause: It is a legal clause that allows automatically an increase in the wage or price. These clauses are kept in a contract under certain conditions. It ties the price or wages with the inflation rate, which protects the buyer and seller from loss. It also controls the price of goods and services.
What is a flexible budget? A. The difference between the master budget and the flexible budget B. The orginally planned budget C. A restated master budget based on the actual quantity versus the orgianlly planned quantity D. Difference between the actual and the master buget
A restated master budget based on the actual quantity versus the orgianlly planned quantity is a flexible budget. Hence, option C is correct.
What is flexible budget?A flexible budget changes over time to account for variations in real revenue levels. Actual revenues or other activity metrics are added to the flexible budget once an accounting period is complete, which produces a budget that is customized to the inputs.
It is usually based on fluctuations in a company's actual revenue and uses percentages of revenue rather than fixed amounts. When using a flexible budget, for instance, you can decide to pay salaries out of 25% of a company's sales rather than $100,000 annually.
A flexible budget is one that can be altered based on the intensity of an activity or the output of individual units. The set budget never changes and is always the same.
Thus, option C is correct.
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A flexible budget is a variation of the master budget adjusted based on actual activity levels, allowing organizations to better manage resources and adapt to changes. It is particularly useful for performing cost analysis and managing budget variances, enabling more efficient and strategic planning.
A flexible budget is a restated master budget based on the actual activity level or volume rather than on the original budget's assumptions. It adjusts for variations in activity levels, allowing managers to perform sensitivity analysis and to understand how changes in key cost assumptions affect a program's unit costs, total costs, and service-delivery volume. The flexible budgeting process typically follows four basic steps, enabling organizations to adapt to changes efficiently and to manage resources effectively.
Contrary to a fixed master budget, which is set before the fiscal period begins and is based on predetermined outputs and inputs, a flexible budget adapts to changes in output levels or other factors that affect the budget. This adaptability makes flexible budgets particularly useful for conducting cost analysis and for managing budget variances, which are the differences between actual results and what was budgeted. By understanding and analyzing these variances, managers can identify inefficiencies, adjust strategies, and improve future budgeting processes.
Identify the corrective control below.
a. Reconciling the bank statement to the cash control account.
b. Approving customer credit prior to approving a sales order
c. Maintaining frequent backup records to prevent loss of data
d. Counting inventory on hand and comparing counts to the perpetual inventory records
Answer:
The answer is D. Counting inventory on hand and comparing counts to the perpetual inventory records
Explanation:
Corrective controls are designed to correct errors or irregularities that have been detected and this can only be achieved if comparison of counts are made be going through the records another time.
Take a stab at this question (you’ll need to do some multiplication). Every day, 500,000 drivers in Los Angeles incur an additional 30 minutes of traffic delays when commuting by car to their jobs. In Boston, the delays amount to 45 minutes for 200,000 drivers. If the price of time is $15/hour in Los Angeles and $25/hour in Boston, which city incurs the largest opportunity cost?
Answer / Explanation
Numbers of drivers in Los Angeles that incur an additional 30 minutes of traffic delays = 500000
Neither of the cities
Hence,
L.A. = O.50 hrs. x 500,000 drivers at $15/hr implies a cost of $3,750,000 ) Boston = 0.75 hrs. x 200,000 drivers at $25/hr implies $3,750,000
Final answer:
Both Los Angeles and Boston incur the same opportunity cost of $3,750,000 for traffic delays experienced by drivers.
Explanation:
To calculate the opportunity cost for each city, we need to multiply the number of drivers by the delay (in hours) and then by the price of time. For Los Angeles, the calculation is 500,000 drivers × 0.5 hours × $15/hour. For Boston, it's 200,000 drivers × 0.75 hours × $25/hour.
Los Angeles: 500,000 × 0.5 × $15 = $3,750,000
Boston: 200,000 × 0.75 × $25 = $3,750,000
Interestingly, both cities incur the same opportunity cost of $3,750,000 for the delays experienced by drivers.
This is the central, comprehensive, integrated, and externally oriented set of choices structuring how a company exploits its core competencies to achieve its objectives: a. Code of ethics b. Business plan c. Strategy d. None of these
Answer:
Strategy-C
Explanation:
Strategies exist at all levels in every organisation . It involves choices on the working model of organisations made by companies which involves prioritizing best ideas and financial optimization to achieve primarily laid down objectives, vision and goals.
It is very necessary for companies to develop strategies that will always give them an advantage over thier competitors since the primary aim of most buisness is profit making.
Seventeen years ago, Susan designed a corrugated steel culvert for a rural road. Her work was accepted and paid for by the county engineering department. Last winter, the culvert collapsed as a loading logging truck passed over. Although there were no injuries, there was damage to the truck and the roadway, and the county tried unsuccessfully to collect on Susan's company's bond. The judge denied the claim on the basis that the work was done too long ago. This defense is known as:________.
(a) privity of contract
(b) duplicity of liability
(c) statute of limitations
(d) caveat emptor
(c) statute of limitations
Answer:
C. Statute of limitations.
Explanation:
Statute of limitations are laws which states the time limit of when legal proceedings must be initiated between concerned parties from the date in which alleged offence was perpetrated.
In statue of limitations, the time limit for somebody is wronged to initiate legal action is not fixed in all jurisdiction. It means that depending on the nature of the alleged offense under statute of limitation, time allowed to institute legal actions varies.
Example of statue of limitation is that for certain states, the time limit to initiate legal case say on fraud is two years. It means that one must bring up the case in a court of law within the stipulated two years period. Once the two year grace elapse, one can no longer sue for fraud in the court of law.
Although there is no time limit for certain offence like murder case, sex offence with minor etc.
As in the case above, the judge threw away the case because according to the law of statute of limitation, a party that is wronged can only sue the wrong doer within the stipulated time as spelt out within the jurisdiction where the alleged offence was committed.
c. The judge denied the county's claim based on the defense known as the statute of limitations.
The statute of limitations is a law that sets the maximum time after an event within which legal proceedings may be initiated. In this case, because the culvert was built seventeen years ago, the judge ruled that too much time had passed for the county to successfully make a claim.
The statute of limitations varies depending on the type of case. For example, in many jurisdictions, a statute of limitations for contract disputes might be around 6-10 years, but this can differ significantly based on local laws and the specific nature of the case.
The balance of payments (bop) measures all international transactions between two countries. the chart below shows six different transactions between the us and china united states china • purchased $800 of goods and services • sent $100 of humanitarian aid • americans spent $200 in chinese stock market • american tourists spend $1000 in china • chinese tourists spend $1000 in the us • purchased $300 of goods and services • chinese purchased a $600 business in the us • chinese government purchased us. bonds
a. which country has a trade deficit and which has a trade surplus
Answer:
Answer: US had a trade deficit and China had a surplus in its BOP
Explanation:
Inflow to US economy / Outflow of Chinese economy
1. Chinese tourist spent $ 1000
2. Chinese purchased a business $600
3. Puchased goods $300
Total Inflow $1900
US Outflow / China' inflow
US purchases goods $800
Sent aid $100
Investment in stocks $200
US tourist spent $1000
Total Outflow $2100
US had a trade deficit and China had a surplus in its BOP
Chinese government purchase of US bonds' value is not given, the purchase will be treated as credit to US BOP and the income received will be credit to China's BOP.
The US has a trade deficit of $500 after importing $1800 worth of goods and services and China has exported $1300 to the US, resulting in a trade surplus for China.
Calculating Trade Balance between the US and China:
To determine which country has a trade deficit and which has a trade surplus, we must compare the value of imports and exports between the two nations.
United States Transactions:
Purchased goods and services: $800 (Import)Humanitarian aid: $100 (Not counted in trade balance)Spent in Chinese stock market: $200 (Financial transaction, not trade)American tourists spend in China: $1000 (Import)Chinese Transactions:
Purchased goods and services: $300 (Export)Chinese purchased a business in the US: $600 (Financial transaction, not trade)Chinese government purchased U.S. bonds (Financial transaction, not trade)Chinese tourists spend in the US: $1000 (Export)Adding these up, the US has imported a total of $1800 worth of goods and services, while China has exported a total of $1300 worth of goods and services to the US.
The US has a trade deficit of $500 ($1800 - $1300), and China has a trade surplus of the same amount.
If a cable news channel decides to report on a senator's financial indiscretions rather than report on a piece of congressional legislation that failed to pass, that news channel is practicing which of the following? a. Blogosphere politics b. Net neutrality c. Hard news d. Gerrymandering e. Agenda setting
Answer:
e. Agenda Setting
Explanation:
Agenda setting refers to a practice adopted by news channels to place higher emphasis on a news, and making it appear important by consistently and repetitively covering such news.
Such a practice influences an individual's thoughts not with what he/she thinks, but what he/she should think about and consider important.
Through such a practice, the news channels underline the extent to which an issue is important i.e assign significance and importance to an issue by affecting the perceptive mindset of the viewer.
So if a political issue gets covered and getting telecast too frequently, it affects the viewers interpretation regarding the sensitivity or significance of the issue.
Many a times, through agenda setting, the media indirectly feeds it's own biased views in the thought process of the viewers. So rather than making the viewer think on his own and assign weight-age, the media itself assigns importance to an issue.
In the given case, the cable news channel preferred the topic of senator's financial indiscretion over a congressional legislation which wasn't passed. So the channel emphasized upon one issue which as per it was more important than the other and thus follows agenda setting.
The Larson and Gobeli study that compared projects that had been managed in a variety of structural types revealed that new product development projects tended to be MOST effectively executed when the organizational structure was a:
Answer:
Project organization.
Explanation:
The Erik W. Larson and David H. Gobeli study that compared projects that had been managed in a variety of structural types revealed that new product development projects tended to be most effectively executed when the organizational structure was a project organization.
Why must operating budgets (The operating budgets include the budgets for sales, manufacturing costs (materials, labor, and overhead) or merchandise purchases, selling expenses, and general and administrative expenses) and the capital expenditures budget be prepared before the cash budget
Answer:
To finance all the budgets sets or in other words finance the departments to achieve the objective set.
Explanation:
The business use budgets as a means to allocate resources to different departments to achieve objectives and in resources cash is one of the best resource the company have. After deriving the cash effects from each of the business operations which include spending and earning. The net effect will go to the cash budget to summaries how much we must have money in hand to fund all these in each month of the year. So to finance the resources allocated we have to plan for having cash in hand to fund these operations set in the budget to achieve the target. Let me explain it with a small example that if you want to go to Texas tomorrow say and you planned to explore the main areas, the traveling cost estimation, food and hotel stay, etc. The last thing you will be assessing the cash budget. If you run out of money you will not be able to achieve the set target so the cash is very important resource which must be allocated in a meaningful way to achieve objects.
On his first business trip to England, an American man asked a Scottish client about how his wife and children were doing. The Scottish client was offended and replied that this was none of his business. The two then had a lengthy conversation about the weather. Which contextual factor did the American man forget to consider?
Answer:
the American man forgot the culture of Scottish people. specifically, the cultural area of human interactions and etiquette.
this is why when the american man asked about his family, the scottish client was offended. but when the two was talking about the weather, they were interacting quite well and the conversation was much engaging.
this is because in Brittain and the soctland regions, "weather" is an interesting topic, but in USA, we don't speak much about it do we???? in USA, talking about one's family and friends seems to be more interesting.
these cultural differences must be understood when we are doing business with clients and customers from different ethnicities, countries and regions.
Explanation:
In the past year, TVG had revenues of $3 million, cost of goods sold of $2.5 million, and depreciation expense of $200,000. The firm has a single issue of debt outstanding with a face value of $1 million, market value of $.92 million, and a coupon rate of 8%. What is the firm's times interest earned ratio
Answer:
Times Interest Earned Ratio = 3.75
Explanation:
The firm has a debt outstanding of face value $1 million and the coupon rate is 8%.
=> The interest expense of the company could be calculate as following:
interest expense = face value * rate = 1 million x 8% = $0.08 million = $80,000
We have, earnings before tax and interest expense of the firms are:
Earnings before tax and interest = Revenue - Cost - Depreciation expense = 3 million - 2.5 mllion - 200,000 = $300,000
The times interest earned ratio of a company can be calculated with the following formula:
Times Interest Earned Ratio = (Earnings before Tax and Interest)/ Interest Expense
= 300,000/80,000 =3.75
Times Interest Earned Ratio = 3.75
Final answer:
The times interest earned ratio for TVG is calculated as the earnings before interest and taxes (EBIT) divided by the interest expense. Here, the ratio is found to be 3.75 after computing EBIT ($300,000) and Interest Expense ($80,000).
Explanation:
The student's question is related to calculating the times interest earned ratio, which is a financial metric used to measure a company's ability to meet its debt obligations. The firm's times interest earned ratio is calculated by dividing earnings before interest and taxes (EBIT) by the interest expense. To find the EBIT, we need to subtract the cost of goods sold and depreciation expense from the revenues. In this case, the revenues are $3 million, the cost of goods sold is $2.5 million, and the depreciation expense is $200,000.
EBIT calculation:
$3,000,000 Revenue - $2,500,000 COGS - $200,000 Depreciation = $300,000 EBIT
To find the interest expense, we multiply the face value of the debt by the coupon rate:
$1,000,000 * 8% = $80,000 Interest Expense
Finally, to get the times interest earned ratio:
$300,000 EBIT / $80,000 Interest Expense = 3.75
So, the firm's times interest earned ratio is 3.75.
The project will require an investment of $10,000 in new equipment. the equipment will have no salvage value at the end of the project's four-year life. fox pays a constant tax rate of 40%, and it has a weighted average cost of capital of 11%. determine what the project's net present value would be when using accelerated depreciation.
Answer:
The answer is attached
Explanation:
In the long run which of the following is true? The size of a firm's physical plant can be changed but the firm cannot adopt new technology. Total cost = fixed cost + variable cost. The firm can vary its explicit costs but not its implicit costs. There are no fixed costs.
Answer:
There are no fixed cost
Explanation:
Indeed a company may not have fixed costs in the long run because of certain decisions or changes.
For example, if a company's only fixed costs is a piece of land (a fixed assets) it owns, and it then makes enough profit after 10 years that covers the cost of the land, it will no longer have fixed costs anymore.
Answer:
There are no fixed costs.
Explanation:
In economics, the definition of long run is the period of time where all costs are variable. Long run is not something specified, may people confuse it with long term (accounting term) which means more than a year, but the long can be many years from now. On the other hand, the short run is defined as the period of time where at least one of the costs are fixed and cannot be changed.
Short run is a more practical concept while long run is theoretical only, because at no point in time will all costs be variable, at least not with our current economic system. You will always have wages to pay, utilities, furniture, equipment, etc. Also, long run refers to the market being in perfect equilibrium and that is also a theoretical concept, it is not something achievable.
All of the following statements are true of the soup industry EXCEPT: Select one: a. There is high growth in "convenience" soup categories. b. More than 50% of soups are still sold in supermarkets. c. There is little innovation in the category. d. Soups continue to be perceived as a year-round buy.
Answer:
the false statement and the correct answer is c. There is little innovation in the category.
Explanation:
As one of the highest growing sectors in fast moving consumer products sector, there is alot of innovation in the soup industry. specialy, the ready-made soup are now increasing.
moreover, in terms of flavors, tastes and the convenience, there is alot of innovations going on. to make it faster to make and takes less time to prepare the soup.
Also, the packaging and marketing strategies and innovations are changing as well.
Ellie and Brendan both produce apple pies and vanilla ice cream. If Ellie’s opportunity cost of one apple pie is 1/2 gallon of ice cream and Brendan’s opportunity cost of one apple pie is 1/4 gallon of ice cream, Ellie has a comparative advantage in the production of ice cream. a. True b. False
Answer: True
Explanation: Opportunity cost this is the profit lost when one alternative is selected over another based on choice. It's helps us examine all possible alternative before taking decisions. Ellie's has a competitive advantage in Ice cream production due it's opportunity cost for its next best alternative which is half (1/2) for ice cream compared to Brendan's one quarter (1/4) for same product.
Answer:
False
Explanation:
Comparative Advantage was propounded by David Ricardo.
It states that a country or an individual has an advantage over the other if it can produce a product at a lower opportunity cost.
Opportunity cost is the alternative forgone. It can also be called REAL COST or TRUE COST.
Ellie has a higher opportunity cost of producing ice cream compared to Brendan. She doesn't have a comparative advantage.
Brendan has a comparative advantage because she has a lower opportunity cost.
Jane, a stock analyst, is giving a sales presentation to a group of clients. She talks about the various investment options available. She gives each of them a few sheets of paper that contain all the important points covered in the sales presentation because it would help them remember what was discussed during the sales presentation. In this case, the bunch of papers is most likely known as a(n):
Answer:
handout
Explanation:
Jane, a stock analyst, is giving a sales presentation to a group of clients. She talks about the various investment options available. She gives each of them a few sheets of paper that contain all the important points covered in the sales presentation because it would help them remember what was discussed during the sales presentation. In this case, the bunch of papers is most likely known as an HANDOUT
Answer:
Handout
Explanation:
A handout is a tool or an aid given to an audience during a presentation or meeting or any form of formal business gathering containing useful information on what the presenter is speaking about. It accompanies the lecture providing extra/additional information. In this case, the few pieces of paper which was shared by Jane who was the presenter that contained important points covered in the sales presentation is called a Handout.
A 30-year 6% callable corporate bond with a face value of $10,000 was issued in June of 2000. It is now June of 2015, the call protection has expired, and the bond can be immediately called at a call price of 102% of par. As of today, similar bonds trade to yield 3%. How much would the issuer have to pay to the existing bondholders if they were to call the bond? Express your answer in dollars and cents. Do NOT enter the dollar sign
Answer:
13,581.38
Explanation:
We have to calculate the bond's present value using 3% as a discount rate. I will use an excel spread sheet and the NPV function:
n = 15 yearspayments 1 - 14 = $600payment 15 = $10,600r = 3%=NPV(3%, 14 payments of 600, 10600) = $13,581.38
The market value of the bond is $13,581.38, so if the issuer wants to call the bonds, they will need to offer much more than the $10,200 call price since no one would sell them for an amount below their market value.
Vonda and Aleiyah are shopping together at the mall for new jeans. Vonda is willing to pay $90 and Aleiyah is willing to pay $50 for a pair of jeans. What is the gain in total consumer surplus when the price decreases from $59 to $40?
a. $60b. $10c. $31d. $29
Answer:
A. $60
Explanation:
Recall that, consumer's surplus refers to the price that a consumer is willing to pay less the amount he or she actually pays.
Thus
Consumer surplus = maximum price willing to pay - actual market price.
Given that
Market price = $40
Vonda is willing to pay = $90
Aleiyah is willing to pay = $50
Hence.
Vonda consumer surplus = 90 - 40
= $50
Aleiyah consumer surplus = 50 - 40
= $10.
Total consumer surplus = 50 + 10
= $60.
Final answer:
The gain in total consumer surplus when the price decreases from $59 to $40 for Vonda and Aleiyah is $60.
Explanation:
The calculating the change in consumer surplus for Vonda and Aleiyah when the price of jeans decreases from $59 to $40. Consumer surplus is the difference between what consumers are willing to pay for a good and what they actually pay. Initially, at $59, neither Vonda nor Aleiyah would have made a purchase, so the initial consumer surplus is $0 for both. When the price drops to $40, Vonda's consumer surplus becomes $90 (her willingness to pay) - $40 (actual price) = $50, and Aleiyah's consumer surplus becomes $50 (her willingness to pay) - $40 (actual price) = $10. The total gain in consumer surplus is the sum of Vonda's and Aleiyah's individual gains, which is $50 (Vonda) + $10 (Aleiyah) = $60.
Suppose that for each one-percentage-point increase in the interest rate, the level of investment spending declines by $1 billion. the change in the interest rate (according to the change you made to the money market in the previous scenario) therefore causes the level of investment spending to by .
Answer:
We expect investment spending to increase by $ 1 billion
Explanation:
If investment decreases by $ 1 billion if a 1 % change is made then that is sensitivity of investment to change in interest rate. Thus if there is a 1 % reduction in interest rate we expect to see a $ 1 billion increase in spending if this holds true.
Enterprise Rent-A-Car was able to model and better understand how service requests were handled and then optimize the process, greatly benefiting the customer experience. Enterprise achieved this benefit using which tool?
Answer: Business process management
Explanation:
Business process management(BPM) is the tool through which the firm does its designing, modeling, executing, monitoring and optimization of their operations. all the activities are designed to achieve the organisational goals.
Through using the BPM tool Enterprise Rent A car was able to improve its efficiency in performance and productivity. When efficiency is achieved through optimization the customer satisfaction can also be achieved. With betterment in process the capability of the firm to provide deliverable also increases. BPM helps organizational leaders to know the various processes that happen within their organizations.
Helen is the vice-president of gotspeed corporation, a company that designs, manufactures and sells sports shoes. nestor, an independent entrepreneur, designs a new shoe that helps the user's foot grip the shoe better, and he calls it the anklator. nestor's friend schedules an appointment for him to meet helen and present the anklator for possible adoption by gotspeed. instead of presenting the opportunity to gotspeed's board of directors, helen pays nestor's asking price and purchases the anklator design for herself. she then quits and forms her own company to manufacture and sell anklator shoes. helen has breached her duty of loyalty to gotspeed corporation by ________.
Answer:
usurping a corporate opportunity
Explanation:
Based on the scenario being described it can be said that Helen has breached her duty of loyalty to gotspeed corporation by usurping a corporate opportunity. This is when an individual takes advantage of an offer that they have access to for being an insider, which the corporation itself could have taken advantage of. This is a breach of the duty of loyalty because the individual works for the company and needs to put the company's best interests first. Which Helen in this case did not.
Answer:
Hijack a corporate opportunity
Explanation:
A director's duty of loyalty is to always act in the best interest of his organization every time and also to avoid any situation that might lead to a conflict of interest or sing corporate opportunity for personal gain
Helen's decision to hijack a corporate opportunity she was privileged to have as a result of her position violates the duty of loyalty she owes the company and is unethical
Trade between the middle east brought the black death to europe because
Answer:
Trade between the middle east brought the black death to europe because some of the trading ships passing the trade route was infested with rats that carried the plague.
Explanation:
The Black death also referred to as the bubonic plague was pandemic that was brought about by trade between the Middle East and Europe on the silk road. This plagues killed over 30 to 50 million people when it started from the year 1346 to 1352.
The black death was caused by a Enterobacter bacteria called Yersinia pestis which is present in the vector flea called Oriental rat flea carried by host which were rodents(rats). The rats infested the trading ships from Genoese who came to Europe via Italy. The Black death spread from Asia, down to Europe, Africa and finally the Middle East.
This disease spread from animal to human as well as human to human contact. The characteristics symptoms of this disease includes the presence of boils on the body of the sick that turned sores and the sores eventually became black, hence the name black death. Other symptoms included warm, swollen lymph nodes in the groin or armpit, very high fever, headaches, muscle pain after which death was the end result for some people.
Answer:
Trade between the middle east brought black death to Europe because the black death spread through trade routes and when people travel along these trade routes the brought the plague with them and infected others with it.
Explanation:
The medieval silk road is a trade route through which goods, ideas and spices are brought from China and central Asia to Europe, resulting to the spread of the plague in Europe. The black death was an epidemic that happened between 1347 and 1400 spread through contacts with animals. which rat was one of. Rats lived with humans at that time thus increasing the spread of the disease.
Historians named the plague 'Black death', blaming Trade for the spread of the disease. because of the movement of goods through trade routes, The plague had a devastating effect on the world in the mid fourteen century. The plague established itself in central Asia and started spreading to the middle East, Northern African and Europe.