Answer: Frequency
Explanation: In simple words, frequency refers to the number of times a unit repeat itself in a specified time period or as in the given sample base.
In the given case, the company wants to advertise their product in a limited area as often as possible. Hence they wants their promotional ads to repeat often so that they can reach to wider customer base or maximum people who go through that area witness those ads.
Hence they were concerned about the frequency as they wanted to the add to repeat as much as possible.
The owners of the toy store were concerned with frequency in their advertising strategy to ensure repeated exposure to their messages. Frequency helps increase the chances that potential customers will remember and act on the advertisement.
The owners of the small toy store were very concerned about spending their advertising dollars wisely.
One of their primary advertising goals was to expose customers to their advertising messages as often as possible.
Frequency in advertising refers to the number of times potential customers are exposed to an advertisement within a certain period.
High frequency helps ensure that the message sticks with the target audience, making it more likely they will remember and act on it.
Therefore, the owners of the toy store were concerned with frequency.
Brianna, a salesperson for Cosmetics Corporation, learns that Cosmetics will increase the dividend it pays to shareholders. Brianna buys 10,000 shares of Cosmetics stock. When the price increases, Brianna sells the shares for a profit. If Brianna is liable for insider trading, it is because she:__________
Answer: traded on material non public information
Explanation: Material non public information refers to the information that is not made available to the general public by the firm and can influence the decision making of a general investor regrading buying or selling of the stock.
Insider trading refers to the practice in which the top level employees of an organisation trade the stock of the company on the basis of the information they possess that are not made available to the public yet.
Hence we can conclude that Brianna is liable for insider trading as she had the inside information that the dividends of the company are gonna increase.
Bryan tells his friend Jane, "I don't think it's fair that you don't have a cell phone and the rest of our friends do. In consideration of that unfairness, I will pay you $400 for you to buy a new phone." This contract is:____________
Answer: unenforceable, because it is not a bargained-for exchange.
Explanation: In simple words, an agreement will be considered as a contract only when there is a bargain of exchange. Bargain of exchange refers to the provision in which both the parties involved in a contract promises to perform an activity in exchange for one another.
In the given case, there is only one party performing something for the other. Hence it is not a contract and thus not enforceable.
At the end of a period (before adjustment), Allowance for Doubtful Accounts has a credit balance of $250. The net credit sales for the period total $500,000. If the company estimates uncollectible accounts expense at 1% of net credit sales, the amount of bad debt expense to be recorded in an adjusting entry is $4,750.
Answer:
Bad debt expense is $5,000 and not $4,750. So, Statement is false.
Explanation:
As per calculation of bad debt expense based on percentage of sales method, bad debt expense recognized is the percentage of credit sales irrespective of any balance in allowance for doubtful account.
Balance in allowance for doubtful debt is not considered at all.
In this case, credit sales = $500,000
Estimation of uncollectible account = 1%
Bad debt expense = 0.01× 500,000
= $5,000
Adjusting entry to record bad debt expense is:
Bad debt expense......................Dr $5,000
Allowance for doubtful debt $5,000
(Bad debt expense recognized)
New balance in allowance for doubtful account = 5,000 + 250
= $5,250
When individuals use their home computers to buy and sell stock that is not listed on a securities exchange, they are participating in the , which has existed since long before home computers were invented.
Answer:
Over the counter market
_____ involves determining the specific job tasks and responsibilities, the work environment, and the methods by which the tasks will be carried out to meet the goals of operations.
a. Job enlargement
b. Job enrichment
c. Job design
d. Job posting
Answer:
c. Job design
Explanation:
Job design refers to establishing tasks, responsabilities and procedures that are necessary in order to perform a specific job. Also, job design has a goal of organizing the work in a way that it encourages employees satisfaction so they have a good performance that will help to accomplish the objectives set by the company. So, according to this, the answer is job design.
Which diversification strategy is based on the idea that the company creates value by applying the distinctive competencies it developed in one line of business to another business activity?
Answer:
Related diversification
Explanation:
Related diversification
As the name indicate related diversification is related to expansion of business in the same field to which it is currently working. This can be explained by one example. If any corporation are in a business of making computer parts and the very same corporation expand their business by making related articles like calculator, smart watch etc. These all are come in the related diversification.
In a fixed-order-quantity system, when demand is uncertain, using economic order quantity (EOQ) based only on the average demand will result in a low probability of a stockout. True or False?
Answer:
False
Explanation:
If the demand is uncertain, if you use average demand to calculate the economic order quantity (EOQ), you will have a high probability of a stock-out occurring.
EOQ = √(2DS / H)
where:
D = annual demand in units
S = order cost per purchase order
H = holding cost per unit, per year
If D is uncertain, then the whole calculus will either be understated or overstated.
You are part of an information systems project team. your job is to ensure that the technology and vendor suggested for use in the project are consistent with the is strategy. your role in the project steering team is _____.a. project championb. project sponsorc. is managerd. project manager
Answer:
The correct answer is (c)
Explanation:
Information systems manager (IS Manager) represent data innovation in an association, regulating a group of IT experts. The job incorporates data frameworks arranging, establishment, and support, including equipment and programming overhauls. IS directors may concentrate on a particular issue, for example, arrange security or Internet administrations, or they may organise all innovation tasks
Final answer:
In an information systems project team, ensuring alignment of technology and vendors with IS strategy is typically the job of an IS Manager, not a project manager, sponsor, or champion.
Explanation:
Your role in an information systems project team with a focus on ensuring that the technology and vendor selected aligns with the IS strategy is typically that of a IS Manager. This position is not necessarily responsible for managing the entire project or championing it, nor are they the sponsor providing the funds or resources. Instead, the role involves strategic oversight regarding the technology's fit with company goals and strategic planning around information systems.
Suppose transactions costs for a product are zero and the product can be resold. Why might the firms that sell a product charge different prices? Firms might charge different prices for the same product even when transactions costs are zero and the product can be resold if the
Answer: The correct answer is "firms offer different levels of service".
Explanation: Firms might charge different prices for the same product even when transactions costs are zero and the product can be resold if the firms offer different levels of service. Because depending on the level and quality of the service offered they may charge a higher or lower price.
After the main meeting, the meeting planner would like attendees to attend smaller break out sessions designed to provide more detail instructions about the company's products and participants will be taking extensive notes. What type of meeting room set-up would you suggest?
Answer: Classroom set-up
Explanation: The classroom set-up would be the best arrangement to host the smaller meetings which would require attendees to extensively take down notes on the information about the organization they receive.
The various sub-meeting groups would be headed by a facilitator who would take charge of teachings.
Crane Company incurs these expenditures in purchasing a truck: cash price $23,030, accident insurance (during use) $1,690, sales taxes $1,380, motor vehicle license $670, and painting and lettering $2,140.What is the cost of the truck?
Answer:
Cost of truck = 27,220
Explanation:
The Cost of the Truck is Calculated as Follows
$
Cost Price 23,030
Accident Insurance(
its a revenue expenditure
as it will reoccur after 1 year) -
Sales Tax
( One time Cost Capital expenditure) 1,380
Motor Vehicle License
( One time Cost Capital Expenditure) 670
Painting and Lettering
( Capital Expenditure ) 2,140
Cost of truck 27,220
Innovative Products reported net income of $222,000. Beginning and ending inventory balances were $45,000 and $46,000, respectively. Accounts Payable balances at the beginning and end of the year were $38,500 and $35,500, respectively. Assuming that all relevant information has been presented, the company would report net operating cash flows of:
Answer:
net operating cash flows = $218000
Explanation:
given data
net income = $222,000
Beginning inventory = $45,000
ending inventory = $46,000
Beginning Accounts payable = $38,500
ending Accounts payable = $35,500
to find out
net operating cash flows
solution
first we get here Increase in Inventory that is
Increase Inventory = ending inventory - Beginning inventory .......................1
put here value
Increase Inventory = $46,000 - $45,000
Increase Inventory = $1000
and
Decrease in Accounts payable will be here as
Decrease in Accounts payable = Beginning Accounts payable - ending Accounts payable ........................2
put here value we get
Decrease in Accounts payable = $38,500 - $35,500
Decrease in Accounts payable = $3000
so net operating cash flows will be
net operating cash flows = Net Income - Increase Inventory - Decrease in Accounts payable .......................3
put here value
net operating cash flows = $222,000 - $1000 - $3000
net operating cash flows = $218000
Which of the following is the federal agency charged with protecting consumers from "unreasonable risks of injury and death" from products such as toys, lawn mowers, washing machines, bicycles, fireworks, pools, portable heaters, and household chemicals?A.The Consumer Product Safety CommissionB.The Consumer Goods Commerce AgencyC.The Consumer Financial Protection BureauD.The Federal Trade Commission
Answer:
The correct answer is option A.
Explanation:
The consumer product safety commission is an independent agency of the US government. It works to promote the safety of consumer products. It addresses the unreasonable risk of injury and develops uniform safety standards.
This agency was founded in the year 1972 by the consumer product safety act. It basically protects the public from the products that can be dangerous, for instance, lawnmowers, washing machines, etc.
How would Skaters World, Inc.'s return on equity (ROE) be different if the company were to issue $200,000 of 10% bonds instead of $200,000 in stock? Assume income before interest and taxes is estimated to be $100,000, income taxes are 35% and stockholders' equity is initially $300,000.
a. ROE would be the same.
b. ROE would be higher with bonds.
c. ROE would be lower with bonds.
Answer:
B) ROE would be higher with bonds.
Explanation:
If the company issued $200,000 bonds with 10% interest rate, the return on equity (ROE) would be:
EBIT = $100,000
interests = ($20,000)
net income = (ebit - interest) x (1 - 35%) = ($100,000 - $20,000) x 65% = $80,000 x 65% = $52,000
ROE = $52,000 / $300,000 = 17.3%
If the company issued $200,000 in new stocks, the return on equity (ROE) would be:
EBIT = $100,000
net income = ebit x (1 - 35%) = $100,000 x 65% = $65,000
ROE = $65,000 / $500,000 = 13%
A major international corporation has steadily bought up all of a certain resource so they control it. Because they have done this, they are the only corporation manufacturing and marketing the finished product. _________ is occurring.
Answer: Monopoly
Explanation: In simple words, monopoly refers to a market structure in which there is only one participant in the market that is offering that particular product or service.
Generally, such kind of market structure arises due to patent rights or some innovation etc. Although there is only one participant in such structures, it can not over price it commodities as the law of demand applies to such structure also.
Hence from the above we can conclude that a monopoly is occurring in such a structure.
quizlit Businesses finance their operations using a mixture of ______. debt, such as issuing bonds, and equity, such as issuing stock interest and dividends capital investments, such as issuing stock and equity, such as issuing bonds debt, such as issuing stock, and borrowings, such as issuing bonds
Answer:
The correct answer is debt, such as issuing bonds, and equity, such as issuing stock.
Explanation:
Any of the capitals mentioned in each company has an exact measure, its deficit or excess are difficult situations that make the difference between losing or successful companies. Although when talking about financial resources, the desired situation is that they exceed the needs of the company, it is also true that if they exceed prudent levels, they fail to comply with a primary mandate of the business world: profitability, generate maximum profits with the least amount possible of assets or capital.
The sources of financing can be internal or external and at the same time have a link in the form of capital contributions or in the form of debt. Inmates refer to the ability to generate retained earnings and / or cash flows that can be reinvested in growth processes. In many cases the internal cash generation does not run at the same speed of the growth processes, this happens when the surpluses only partially cover what is required to leverage the expansion. In these cases, internal sources via capital are considered. On the other hand, the company can also resort to internal sources via labor liabilities or through provisions, which have a behavior by debt modality.
Martha used a SWOT analysis to assess her own internal business plan. Her store would cater to students who could also use the location to study and socialize. This unique aspect of her shop represents which element of the SWOT analysis?
The unique aspect of Martha's shop that caters to students who can use the location to study and socialize is an Opportunity in SWOT analysis. Opportunities are part of the external factors in a SWOT assessment, in this case the opportunity is linked to a specific target audience.
Explanation:Martha's unique aspect of her shop catering to students who could also use the location to study and socialize represents the Opportunities element of the SWOT analysis. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. Strengths and Weaknesses generally refer to internal factors, while Opportunities and Threats refer to external factors. In this context, the opportunity is the specific niche of students who would value a place to study and socialize alongside shopping.
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The unique aspect of Martha's shop represents the opportunity element of the SWOT analysis.
Explanation:The unique aspect of Martha's shop, where students can study and socialize, represents the opportunity element of the SWOT analysis. Opportunities are external factors that can contribute to the success of a business. In this case, the opportunity lies in catering to the needs of students by providing a location that fulfills their studying and socializing needs.
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Bethesda Water has an issue of preferred stock outstanding with a coupon rate of 5.50 percent that sells for $95.02 per share. If the par value is $100, what is the cost of the company's preferred stock?
Answer:
Cost of preferred stock will be 5.78 %
Explanation:
We have given par value = $100
Dividend rate = 5.5 %
So annual dividend [tex]=\frac{100\times 5.5}{100}=$5.5[/tex]
We know that cost of preferred stock is given by [tex]=\frac{Annual\ dividend}{current\ price}[/tex]
Current price is given as $95.02
So cost of preferred stock will be = [tex]=\frac{Annual\ dividend}{current\ price}=\frac{5.5}{95.02}=0.0578=5.78[/tex] %
The Coalition of Independent Music Stores, a group of 44 prominent independent record stores in 25 states, operates as a way for these stores to strengthen themselves with tactics such as cooperative advertising. This form of ownership is known asA. an administered system.B. a vertically integrated chain.C. a corporate system.D. a cooperative system.E. a contractual system.
Answer:
E. A contractual system.
Explanation:
A contractual system is basically are where firms at all kind of levels working together in production and distribution to achieve even greater than they would on their own.
Consider the following story:Diversifun, Inc., an insurance company, recently decided to offer boat insurance. Diversifun was concerned that the most likely boat insurance customers would be the least competent, highest-risk boat captains, because they stand to benefit most from boat insurance coverage. Since Diversifun cannot distinguish perfectly between high-risk and low-risk skippers, it decided to set its boat-insurance premiums a bit higher to account for the foolhardy sea captains.The economic problem in this story is known as________________.A) Adverse selectionB) SignalingC) Moral hazardD) Screening
Answer:
correct option is A) Adverse selection
Explanation:
to find out
the economic problem in the story
A) Adverse selection B) Signaling C) Moral hazard D) Screening
solution
Diversifun boat insurance so here in economic problem story is Adverse selectionadverse selection is the tendency of those in the risky job or the high risk lifestyles to get life insuranceIt is the situation where sellers has information that buyers do not about some aspect of product quality ( and the vice versa)so here correct option is A) Adverse selection
A baseball fan with a Mike Trout baseball card wants to trade it for a Giancarlo Stanton baseball card, but everyone the fan knows who has a Stanton card doesn't want a Trout card. Economists characterize this problem as a failure of the___________.
A. principle of a double coincidence of wants.
B. theory of comparative advantage.
C. irrational exuberance doctrine.
D. market clearing mechanism
Answer:
The correct answer is option A.
Explanation:
The double coincidence of wants or coincidence of wants refers to the situation where two parties possess items that the other one wants so they exchange it directly without using money.
Here, a fan possesses a Mike Trout baseball card who wants to trade it for a Giancarlo Stanton baseball card but he does not know anyone who wants a Trout card and possesses a Stanton card.
Simply put, the fan doesn't know anyone who possesses the item he wants and is willing to trade it for the item he possesses. This is an example of failure in the double coincidence of wants.
In early 2008, it appeared that the U.S. economy was either in a recession or growing very slowly. President Bush announced a program of tax rebates. This program can be described as and was intended to_________a.discretionary fiscal policy; increase government spending.b.discretionary fiscal policy; decrease government spending.c.discretionary fiscal policy; increase consumer spending.d.an automatic stabilizer; increase consumer spending.e.an automatic stabilizer; increase government spending.
Answer:
C. Discretionary fiscal policy and meant to increase consumer spending.
Explanation:
Discretionary fiscal policy is basically the tax rebates that changes the expansion or shrink the economy as needed.
A person wants to invest $24,000 for 2 years and is considering two different investments. The first investment, a money market fund, pays a guaranteed 6.7% interest compounded daily. The second investment, a treasury note, pays 6.8% annual interest. Which investment pays the most interest over the 2-year period?
Answer:
The first investment in money market fund.
Explanation:
The first investment, a money market fund, pays a guaranteed 6.7% interest compounded;
Compound Interest Calculation
=[tex]P [(1 + i)^{2} -1][/tex]
=[tex]24000 [(1 + 0.067)^{2} -1][/tex]
=$27,323.74 - $24,000
=$3,323.74
The person will get a total interest of $3,323.74 in 2 years
The second investment, a treasury note, pays 6.8% annual interest
=$24,000 * (6.8/100) = $1,632
= $1,632 * 2 = $3,264
The person will get a total interest of $3,264 in 2 years
With the above computations. It will be favourable if the person invested in the money market fund.
If the Canadian dollar to U.S. dollar exchange rate is 1.21 and the British pound to U.S. dollar exchange rate is 0.68, what must be the Canadian dollar to British pound exchange rate?
Answer:
Canadian Dollar/US dollar= 1.21
British Pound to US dollar = 0.68
Canadian Dollar to British pound =?
In order to find Canadian dollar to British pound we will have to multiply Canadian Dollar/US dollar with US Dollar to British pound this way US dollar will cancel each other out as one will be in the numerator and one in the denominator and then Canadian dollar will be in numerator and British pound will be in the denominator and we will get Canadian dollar/ British Pound. We know the Canadian Dollar/ US dollar rate but we need to find the US dollar to British Pound rate and in order to do that we will divide 1 by the British Pound to US dollar rate. So
US Dollar to British Pound rate = 1/0.68 = 1.47
Canadian Dollar/British Pound = Canadian Dollar/US Dollar * US Dollar/ British Pound
Canadian Dollar to British Pound = 1.21*1.47= 1.78
Explanation:
The Canadian dollar to British pound exchange rate is 0.8232, obtained by multiplying the given exchange rates. This represents how much one unit of a currency can be exchanged for another.
Explanation:The question asked was: "If the Canadian dollar to U.S. dollar exchange rate is 1.21 and the British pound to U.S. dollar exchange rate is 0.68, what must be the Canadian dollar to British pound exchange rate?"
This question involves the principle of currency exchange rates. To find the exchange rate from the Canadian dollar to the British pound, we use these exchange rates to relate the Canadian dollar to the U.S. dollar and then the U.S. dollar to the British pound.
Step 1: 1 Canadian dollar = 1.21 U.S. dollars (from given)
Step 2: 1 U.S. dollar = 0.68 British pounds (from given)
Step 3: Multiply these exchange rates (as one would do in unit conversions) and cancel the U.S. dollar units.
So, 1 Canadian dollar = 1.21 * 0.68 British pounds = 0.8232 British pounds.
Hence, the Canadian dollar to British pound exchange rate is 0.8232, meaning 1 Canadian dollar can buy 0.8232 British pounds.
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Can there be constant returns to scale in an industry with an upward-sloping supply curve?
Explain. Constant returns to scale with an upward-sloping long-run industry supply curve
A. are possible because proportional increases in inputs yielding the same proportional increase in output may induce higher input prices.
B. are possible because proportional increases in inputs yielding greater thangreater than proportional increases in output may induce higher input prices.
C. are not possible because proportional increases in inputs will only yield the same proportional increase in output if input prices remain constantinput prices remain constant.
D. are possible because proportional increases in inputs yielding the same proportional increase in output may induce lower input prices.
E. are not possible because proportional increases in inputs yielding the same proportional increase in output will induce lower input prices.
Answer:
A) are possible because proportional increases in inputs yielding the same proportional increase in output may induce higher input prices.
Explanation:
Constant returns to scale mean that any proportional increase in inputs will result in an equally proportional increase in outputs.
The price of inputs might also rise because their supply curves are also upward sloping. This would result in an increasing cost industry, that will have an upward sloping long run supply curve.
So an industry can have constant returns to scale and upward sloping supply curve.
Which of the following is excluded from calculations of GDP?
A) All of the above.
B) Goods that are produced but not sold during the time period.
C) Income received by managers of corporations.
D) The value of laundry services provided by a homemaker for their family.
Answer: All of the above.
Explanation: None of the listed options would be included when calculating the gross domestic product of a country. This is so because gross domestic product only calculates the total value of commodities/services produced by a country during a fixed time frame.
Gretchen has just started as a fashion marketing intern for an up-and-coming design firm. She expected to begin right away implementing the four Ps she had learned about in class. Instead, she was asked to work on a project identifying important events where celebrities might wear the fashions. Gretchen soon realized that this activity was part of __________, directly related to marketing.
Select one:
a. a push-pull strategy
b. press release development
c. cause-related marketing
d. sales promotions
e. public relations
Answer: (E) Public relations
Explanation:
The public relation is one of the important function in the business and marketing as for generating the positive response and the awareness about the various type of products, business and the services.
It is basically refers to the practices for managing the communication between the public and the organization. The public relation is the process of building the specific platform for achieving the goals.
Therefore, Public relation is the correct option.
5.3 Fraud is gaining an unfair advantage over another person. Legally, for an act to be fraudulent there must be:
A. An intent to deceive.
B. Unfairness.
C. An exchange of monetary consideration.
D. All of these are correct.
Answer: All listed options are correct.
Explanation: Fraud simply means to cheat someone, by presenting a wrong representation of something to the defrauded person.
For fraud to take place it is properly planned with an intent to deceive the target victim, gain an unfair advantage over the victim.
In most cases of fraud there is a monetary exchange between the victim of fraud and the person planning the fraud.
In this module, we say a "good" money burn means you have spent money wisely. A "bad" money burn means you have spent money you did not need to spend. Tell us which answer shows the best "good" money burn. (You don't have to agree with the choice, but only one choice shows the best money burn.)
A You buy designer jeans the day they are advertised.
B. You buy designer jeans two weeks later, on sale.
C. You buy jeans you like just as well, but with no designer label, and they cost half as much as the sale-priced designer jeans.
D. You shop around and buy a pair of the exact same designer jeans at a thrift shop, and they cost virtually nothing.
Answer:
D. You shop around and buy a pair of the exact same designer jeans at a thrift shop, and they cost virtually nothing.
Explanation:
Good money burn refers to the effective use of money, rather than just spending it on some useless stuff.
Here in the given instance the following is the explanation for the given instance:
Option A states that the jeans is just bought for completing the desire, it does not have any difference in the product even if the product can be bought on sale after some days.
Option B is still better than the first day.
Further in option c buying the jeans without any label might not be a good decision as it might have poor quality.
Option D is the best as it is the same jeans but at the least possible cost.
Mr. Smith put his laptop up for sale. He is aware of the fact that the laptop malfunctions frequently. However, none of the potential customers who came to buy the laptop were able to discover the problem and one of them actually bought it at a remunerative price. This occurred due to ________.
a) the selective retention of information by sellers the presence of positive
b) externalities the presence of negative
c) externalities the presence of asymmetric information
Answer: The presence of asymmetric information
Explanation: In simple words, asymmetric information refers to the situation when one party to a contract have extra information regarding a subject than the other party of the contract.
Asymmetric information creates the potential of misconduct from the leading party as they can easily cheat the other party by concealing that important information.
In the given case, Mr. Smith was aware that his laptop is not working properly but still he sold its to a customer who was not aware of it. Thus, we can conclude that the correct option is C.