Acme Computers, a computer store, takes unethical steps to divert the customers of Cyber Goods, an adjacent competing store. Acme may be liable fora. appropriation.b. wrongful interference with a business relationship.c. wrongful interference with a contractual relationship.d. none of the above.

Answers

Answer 1

Acme Computers may be liable for wrongful interference with a business relationship. This occurs when a party intentionally interferes with the business relationships of another party, causing economic harm. Therefore, the correct answer is option B.

In this case, Acme is taking unethical steps to divert customers from Cyber Goods, which could result in a loss of business for Cyber Goods.

Examples of wrongful interference with a business relationship could include spreading false information about the competitor or offering incentives to customers who switch to the interfering company.

If Cyber Goods can prove that Acme's actions were intentional and caused economic harm, they may have grounds to pursue legal action against Acme.

It is important for businesses to compete fairly and ethically in the marketplace, and actions such as those taken by Acme can damage the reputation of the business and result in legal consequences.

Companies should focus on providing high-quality products and services rather than engaging in unethical practices to gain a competitive advantage.

In conclusion, Acme Computers may be liable for wrongful interference with a business relationship due to their unethical actions to divert customers from Cyber Goods.

Such actions can result in legal consequences and damage the reputation of the business. Therefore, the correct answer is option B.

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Related Questions

A distant uncle works for a firm that provides a 3-year final average salary pension plan. The firm provides a unit benefit of 3%. He has 30 years of service at the normal retirement age (65). His salary in the last years of employment are given below. Employees earn one unit for each year worked. Calculate the annual benefit that your uncle is entitled at retirement.
Age Salary earned during year
62 – 63 $52,000
63 – 64 $53,000
64 – 65 $54,000

Answers

Based on the information given, your uncle's annual benefit at retirement can be calculated using the formula.Therefore, your uncle is entitled to an annual benefit of $45,900 at retirement. It's important to note that this is just an estimate and actual benefits may vary depending on the specific details of your uncle's pension plan.


Annual Benefit = (Final Average Salary x Years of Service x Unit Benefit)/100 .First, we need to calculate your uncle's final average salary. The final average salary is the average of his highest three consecutive years of salary. In this case, his highest three consecutive years of salary are $54,000, $51,000, and $48,000. So, his final average salary would be: Final Average Salary = ($54,000 + $51,000 + $48,000)/3 = $51,000

Next, we can use the unit benefit of 3% and your uncle's 30 years of service to calculate his annual benefit at retirement :Annual Benefit = ($51,000 x 30 x 3)/100 = $45,900Therefore, your uncle is entitled to an annual benefit of $45,900 at retirement. It's important to note that this is just an estimate and actual benefits may vary depending on the specific details of your uncle's pension plan.

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Douglas is a business professional in sales. He has a new product to promote, and he believes the product will be very popular and in demand. Douglas knows that a number of companies would benefit from offering the product. To build connections with these companies, which approach should Douglas first take

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The approach that Douglas should first take to build connections with companies is through networking. Networking allows individuals to establish and cultivate relationships with professionals and organizations in their industry.

By attending industry events, trade shows, conferences, and professional networking gatherings, Douglas can connect with representatives from the companies that would benefit from offering his new product.

Engaging in conversations, exchanging contact information, and expressing genuine interest in their businesses can help Douglas establish initial connections. Additionally, leveraging online platforms, such as LinkedIn, can provide opportunities to connect with industry professionals and initiate conversations virtually. Networking enables Douglas to establish rapport, demonstrate the value of his product, and explore potential collaborations or partnerships with interested companies.

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Sharpe Products has one million outstanding shares and seven directors to be elected. Cumulonimbus Holdings owns 200,000 shares of Sharpe. How many directors can Cumulonimbus elect with cumulative voting? a) 0. b) 1. c) 2. d) 3.

Answers

The number of directors can Cumulonimbus elect with cumulative voting is 2. Option C

With cumulative voting, Cumulonimbus Holdings can elect a maximum of 2 directors.
First, find the total number of votes that Cumulonimbus Holdings has. Since they own 200,000 shares and there are one million outstanding shares, Cumulonimbus Holdings has 200,000/1,000,000 = 20% of the total votes.

Next, multiply the total number of directors to be elected (7) by Cumulonimbus Holdings' percentage of votes (20%) to get the number of directors they can elect with cumulative voting:
7 x 0.20 = 1.4

Since you can't have a fractional director, you round down to get the final answer: Cumulonimbus Holdings can elect 1 + 1 = 2 directors with cumulative voting. From the above calculations option c is correct.

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When the UH Bookstore orders a large shipment of football jerseys just before the big game, this type of inventory is typically called:
A. Cycle Stock
B. Smoothing Inventory
C. Hedge Inventory
D. Anticipation Inventory
E. Transportation Inventory

Answers

When the UH Bookstore orders a large shipment of football jerseys just before the big game, this type of inventory is typically called d) anticipation inventory.

Anticipation inventory is held in anticipation of future demand and is ordered in advance of peak demand to ensure that the inventory levels are sufficient to meet customer demand. This type of inventory is typically used to reduce the risk of stockouts and to ensure that there is sufficient inventory available during peak demand periods.

Anticipation inventory is commonly used in industries where demand is seasonal or where there are known peaks in demand, such as retail or sports merchandising. By holding anticipation inventory, companies can ensure that they are able to meet customer demand during these peak periods and avoid the costs associated with stockouts or lost sales.

Overall, anticipation inventory plays an important role in supply chain management, as it allows companies to ensure that they are able to meet customer demand during peak periods while minimizing the risk of stockouts and lost sales.

Therefore, the correct answer is D. Anticipation Inventory

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when a deferred tax liability is created, the deferred tax liability account is ______; when the item reverses, the deferred tax account is ______.

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When a deferred tax liability is created, the deferred tax liability account is credited, indicating an increase in liability.

This is because a deferred tax liability represents the amount of income tax that a company will have to pay in the future, as a result of temporary differences between the financial statement and tax basis of assets and liabilities. When the item reverses, the deferred tax account is debited, indicating a decrease in liability. This is because the temporary difference that originally gave rise to the deferred tax liability has now been reversed, either because the asset or liability has been realized or settled or because the tax law has changed. It is important to note that deferred tax liabilities are non-cash expenses, which means that they do not affect a company's cash flow or cash position. However, they do impact a company's financial statements and tax obligations. Therefore, it is important for companies to properly account for deferred tax liabilities and ensure that they are accurately reflected in their financial statements. Failure to do so can result in penalties and legal issues.

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(Legal restrictions on dividend payments) Describe the types of limitations firms can face from legal restrictions on dividend payments Which of the following statements describe the types of limitations firms can face from legal restrictions on dividend payments? (Select all that apply.) A. A corporation may not pay a dividend if the amount of the dividend exceeds the firm's retained earnings. C. A corporation may not pay a dividend if the dividend is being paid from capital invested in the firm. E. A corporation may not pay a dividend when any preferred dividends are delinquent. B. A corporation may not pay a dividend if the firm's liabilities exceed its assets. D. A corporation may not pay a dividend before the debt is repaid

Answers

Legal restrictions on dividend payments can place limitations on a corporation's ability to pay dividends to shareholders.



A. This statement is correct. Legal restrictions may prevent a corporation from paying a dividend that exceeds the firm's retained earnings. This is to ensure that a corporation does not distribute dividends that exceed its profits and therefore protect the interests of its creditors.

B. This statement is also correct. Legal restrictions may prevent a corporation from paying a dividend if its liabilities exceed its assets. This is because a corporation must first pay off its obligations before it can distribute dividends to its shareholders.

C. This statement is correct. Legal restrictions may prevent a corporation from paying a dividend if it is being paid from capital invested in the firm. This is to ensure that a corporation does not distribute dividends that are funded by its shareholders' capital.

D. This statement is not correct. A corporation may choose to pay dividends before repaying debt. However, it may impact the corporation's ability to raise capital in the future as investors may prefer corporations that prioritize debt repayment.

E. This statement is correct. Legal restrictions may prevent a corporation from paying a dividend when any preferred dividends are delinquent. This is to ensure that a corporation first satisfies its obligations to its preferred shareholders before distributing dividends to its common shareholders.

A. A corporation may not pay a dividend if the amount of the dividend exceeds the firm's retained earnings. This is because retained earnings represent the accumulated profits available for distribution to shareholders.
B. A corporation may not pay a dividend if the firm's liabilities exceed its assets. This is to ensure that the company does not jeopardize its financial stability by distributing dividends when it is in a financially distressed situation.
C. A corporation may not pay a dividend if the dividend is being paid from capital invested in the firm. Dividends should be paid from the profits generated by the company and not from the initial investment made by shareholders.
E. A corporation may not pay a dividend when any preferred dividends are delinquent. Preferred stockholders have a priority claim on dividends, and companies must satisfy these obligations before paying dividends to common stockholders.


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Mutual funds must send financial statements to shareholders at least a. semiannually b. bimonthly c. monthly d. quarterly

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Mutual funds must send financial statements to shareholders at least quarterly. Thus, option D is the correct option.

Mutual funds have up to 60 days after the quarter to declare their holdings, which they are required to do on a quarterly basis. Annual and semi-annual reports must be given to shareholders by mutual funds, ETFs, and registered closed-end funds.

Some variable contracts must typically also give contract holders access to the underlying mutual funds' yearly and semi-annual reports. The annual report covers the complete fiscal year of the fund, while the semiannual report only covers the first six months.

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Pharoah Company has assets of $4429000, common stock of $1099000, and retained earnings of $620000. What are the creditors' daims on their assets? OA. $4894000 OB. $4040000 C.$2024000 D.$2710000

Answers

Their assets are subject to $2710000 in demands from creditors. As a result, choice (D) is accurate.

The two main categories of assets are physical assets and intangible assets. There are several subcategories of tangible assets, including current assets and fixed assets.

Current assets include cash, inventories, and accounts receivable, whereas fixed assets are comprised of real estate, creditors structures, and machinery.

Intangible assets are non-physical resources and rights that are valuable to a company because they provide it a competitive edge.

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the process of lowering the land surface by wind erosion is known as ________. group of answer choices desertification deflation escarpment saltation

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The process of lowering the land surface by wind erosion is known as Option B. deflation.

Deflation occurs when wind removes and transports loose particles such as sand, silt, and dust from the Earth's surface. This process contributes to the shaping and alteration of various landscapes, including desert environments.

Deflation typically involves three main components: A. saltation, the bouncing and hopping of sand grains due to wind; C. desertification, the process of fertile land transforming into a desert due to various factors such as drought, deforestation, or improper agricultural practices; and D. escarpment, which is a steep slope or long cliff formed by erosion or faulting.

While saltation plays a role in deflation by causing particles to become airborne, desertification and escarpment are not directly related to the lowering of the land surface by wind erosion but are associated with broader environmental and geological processes.

In summary, deflation is the process responsible for lowering the land surface through wind erosion, and saltation is one of the mechanisms involved in this process. Desertification and escarpment, although related to broader environmental and geological processes, are not directly involved in the process of deflation. Therefore, the correct option is B.

The question was incomplete, Find the full content below:

The process of lowering the land surface by wind erosion is known as ________.

A. saltation

B. deflation

C. desertification

D. escarpment

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During the current year, Maine Salvage Company took out new loans of $11 million. In addition, the company repaid $2.6 million of prior loans and paid $1.95 million of interest expense. Explain how these cash flows will appear in the company's statement of cash flows, indicating the classification and the dollar amount of each cash flow. (Enter your answers in millions rounded to 1 decimal place.)Cash Flow Amount (in millions) ActivityNew loans made Loan repaid Interest expense

Answers

The cash flow of Maine Salvage Company from the new loans made of $11 million will appear as a cash inflow under the financing activities section. The loan repaid of $2.6 million will appear as a cash outflow under the financing activities section. The interest expense paid of $1.95 million will appear as a cash outflow under the operating activities section of the statement of cash flows.

The cash flows for Maine Salvage Company will appear in the statement of cash flows as follows:

New loans made: This will be recorded as a cash inflow under the financing activities section of the statement of cash flows. The dollar amount of the new loans made is $11 million.Loan repaid: This will be recorded as a cash outflow under the financing activities section of the statement of cash flows. The dollar amount of the loan repaid is $2.6 million.Interest expense: This will be recorded as a cash outflow under the operating activities section of the statement of cash flows. The dollar amount of the interest expense is $1.95 million.

In summary:

New loans made: +$11 million (financing activities)

Loan repaid: -$2.6 million (financing activities)

Interest expense: -$1.95 million (operating activities)

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as discussed in class, fresh direct's marketing strategy to sell and deliver groceries directly to the customer is an example of:

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As discussed in class, Fresh Direct's marketing strategy to sell and deliver groceries directly to the customer is an example of a direct-to-consumer (DTC) approach. By doing so, Fresh Direct is able to reduce costs, maintain control over its brand and customer relationships, and offer a more personalized shopping experience.

To achieve this, Fresh Direct relies on digital marketing channels, such as its website and mobile app, to reach its target audience directly. They use data-driven marketing techniques to create personalized offers, promotions, and recommendations for their customers, ensuring they receive the most relevant information and incentives to make a purchase.

Additionally, Fresh Direct's emphasis on delivering fresh groceries to the customer's door aligns with the convenience and time-saving expectations of modern consumers. By offering a wide variety of high-quality products and a seamless online shopping experience, Fresh Direct effectively addresses customer needs and preferences.

In summary, Fresh Direct's marketing strategy is an example of a direct-to-consumer approach that focuses on eliminating intermediaries, leveraging digital channels, and providing a personalized and convenient shopping experience for customers.

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Data backup should be based on a(n) __________ policy that specifies how long log data should be maintained.
a) incident response
b) retention
c) replication
d) business resumption

Answers

Data backup should be based on a (b) retention policy that specifies how long log data should be maintained.

A data backup retention policy is a set of guidelines that outlines how long backup data should be kept and when it should be deleted or destroyed.

This policy specifies the retention periods for different types of data, including log data, which records the events and actions that occur in an information system.

A well-defined retention policy ensures that data is retained for a sufficient period of time to meet legal or regulatory requirements, as well as business needs, while minimizing the risk of data breaches or privacy violations.

A retention policy also helps to ensure that backup data is easily accessible and recoverable in the event of a disaster or other unexpected event.

Incident response, replication, and business resumption are other policies that relate to different aspects of data management and information security, but they do not specifically address the issue of how long log data should be maintained.

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Write up a two-column cash book for a second hand bookshop from the following during the month of November 2020. 1* Balance brought forward from last month: cash (2950; bank €4,240 2nd Cash sales ¢3,100 3rd Took $2,000 out of the cash till and paid it into the bank 4th F. Bell paid us by cheque ¢194 5th Paid for postage stamps in cash 480 6th Bought office equipment by cheque ¢310 7th Paid L. Root by cheque ¢940 11th Withdrew ¢1,500 from the bank for business use 12th Paid wages in cash $400 13th Cash sales ¢430 14th Paid motor expenses by cheque ¢810 16th J. Bull lent us ¢1,500 in cash 20th K. Brown paid us by cheque ¢174 28th Paid general expenses in cash ¢350 30th Paid insurance by cheque ¢320

Answers

In the two-column Cash Book, the first column is for the date of the transaction, the second column is for the particulars of the transaction, the third column is for cash transactions, and the fourth column is for bank transactions. Positive numbers indicate inflow while negative numbers indicate outflow.

Cash Book for Second Hand Bookshop for November 2020

| Date | Particulars | Cash | Bank |
|------|------------|------|------|
| 1st | Balance brought forward | 2950 | 4240 |
| 2nd | Cash sales | 3100 | - |
| 3rd | Cash deposited into bank | - | 2000 |
| 4th | F. Bell paid by cheque | - | 194 |
| 5th | Paid for postage stamps | 480 | - |
| 6th | Bought office equipment by cheque | - | 310 |
| 7th | Paid L. Root by cheque | - | 940 |
| 11th | Withdrew from bank | 1500 | - |
| 12th | Paid wages in cash | 400 | - |
| 13th | Cash sales | 430 | - |
| 14th | Paid motor expenses by cheque | - | 810 |
| 16th | Cash lent by J. Bull | 1500 | - |
| 20th | K. Brown paid by cheque | - | 174 |
| 28th | Paid general expenses in cash | 350 | - |
| 30th | Paid insurance by cheque | - | 320 |
| Total | | 10760 | 7888 |

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Income Summary, before closing to Capital, contains a debit balance of $190 and a credit balance of $270. What is the entry to close Income Summary to Capital? OA) Debit Income Summary $190; credit Capital $270 B) Debit Income Summary $80; credit Capital $80 C) Debit Capital $80; credit Income Summary $80 D) Debit Income Summary $80 credit Capital $190

Answers

Option D) Debit Income Summary $80 credit Capital $190.

The Income Summary account is used to accumulate all revenues and expenses for the period. At the end of the period, the balance in the Income Summary account is transferred or closed to the Capital account.

In this case, the Income Summary account has a debit balance of $190 and a credit balance of $270. To close the Income Summary account to Capital, we need to transfer the net income (credit balance) to Capital and also reduce any net loss (debit balance) from Capital.

Therefore, we need to debit Income Summary for the amount of the net loss ($190) and credit Capital for the amount of the net income ($270). This will reduce the balance in Income Summary to zero and transfer the net income to the Capital account.

Hence, the detailed answer is: Debit Income Summary $190, credit Capital $270, and the entry to close Income Summary to Capital is option D) Debit Income Summary $80 credit Capital $190.

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Using the following balance sheet and income statement data, what is the total amount of working capital?
Current assets
$35200 Net income
$46200
Current liabilities
17600 Stockholders' equity
85800
Average assets
176000 Total liabilities
46200
Total assets
132000 Average common shares outstanding was 16500.
$8800
$35200
$11000
$17600

Answers

The total amount of working capital for the company is $17,600.

Working capital is defined as the difference between current assets and current liabilities, and is an important metric in evaluating a company's financial health. In this case, we can calculate the total amount of working capital as follows:
Working capital = Current assets - Current liabilities
Current assets = $35,200
Current liabilities = $17,600
Working capital = $35,200 - $17,600
Working capital = $17,600
Therefore, the total amount of working capital for the company is $17,600.
It's important to note that working capital can be positive or negative, depending on the relationship between current assets and current liabilities. A positive working capital indicates that a company has enough short-term assets to cover its short-term liabilities, while a negative working capital indicates that a company may have difficulty paying off its short-term debts.

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If 1. 5 thousand gallons are in stock at the beginning of the week and no new supply is due in during the week, how much of the 1. 5 thousand gallons is expected to be left at the end of the week

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If 1.5 thousand gallons are in stock at the beginning of the week and no new supply is due in during the week, the expected amount of 1.5 thousand gallons that will be left at the end of the week is 1.5 thousand gallons, assuming no usage has occurred.

This is because there is no new supply of stock that will be available for usage throughout the week.What is a gallon?A gallon is a unit of measurement for volume and capacity in both the US customary system and the British imperial system. A gallon is defined as 128 fluid ounces, 231 cubic inches, or approximately 3.785 liters. It is commonly used to measure liquid substances such as water, gasoline, and milk.

In the context of this problem, 1.5 thousand gallons refers to 1,500 gallons.What is stock?Stock refers to the total amount of a product that is available for sale, distribution, or use at a given time. In the context of this problem, the stock refers to the total amount of gallons available at the beginning of the week. No new supply is due in during the week, so the stock will remain at 1.5 thousand gallons throughout the week.

What is the answer?The expected amount of 1.5 thousand gallons that will be left at the end of the week is 1.5 thousand gallons, assuming no usage has occurred. This is because there is no new supply of stock that will be available for usage throughout the week.

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decision point: asking mike about a sponsorship what is your best approach to use first?

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When approaching Mike about sponsorship, the best approach to use first would be to highlight the benefits and potential ROI that the sponsorship can offer for his business.

Before jumping into the conversation, it is important to have a clear understanding of Mike's business goals and target audience. This will allow you to tailor your pitch to his specific needs and demonstrate how the sponsorship can help him achieve his objectives.

Once you have this information, you can start by highlighting the potential benefits of the sponsorship, such as increased brand visibility, access to a new audience, and the opportunity to align with a reputable organization or event. It is important to be specific and provide examples of how these benefits have helped other businesses in the past.

Additionally, you can offer data and metrics to support your claims and demonstrate the potential ROI of the sponsorship. This can include information such as expected attendance numbers, social media reach, and past sponsor success stories.

Overall, the key to a successful sponsorship pitch is to approach the conversation from a place of understanding and partnership. By demonstrating how the sponsorship can benefit both parties, you increase the likelihood of a positive outcome.

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Suppose a monopolist produces in a market with two distinct segments: market 1 (M1) and market 2 (M2). The firm faces a marginal cost and average cost equal to $20. Price ($) 5105750945546579858f0SU120 Quantity a. What is the profit in market 1? b. What is the profit in market 2? c. In which market is demand more elastic? (Click to select)

Answers

a. Profit in market 1 is $1600.

b. Profit in market 2 is $900.

c. Demand is more elastic in market 2.

How to analyze monopolist profits and demand?

a. To determine the profit in market 1, we need to know the demand and marginal revenue functions for that market.

Let's assume that the demand function for market 1 is

                     Q1 = 100 - P1

and the demand function for market 2 is

                     Q2 = 80 - P2,

where P1 and P2 are the prices in each market.

The monopolist's total revenue function is:

                     TR = P1Q1 + P2Q2.

The marginal revenue in market 1 is

                     MR1 = 100 - 2Q1,

and the monopolist's profit-maximizing quantity is found by equating MR1 to marginal cost (MC = $20):

                   100 - 2Q1 = 20

                              Q1 = 40

Plugging this into the demand function, we find:

                         P1 = 60

Thus, the profit in market 1 is:

                  π1 = (P1 - MC)Q1 = (60 - 20) x 40 = $1600

b. To determine the profit in market 2, we need to repeat the same analysis.

The marginal revenue in market 2 is:

                         MR2 = 80 - 2Q2,

and the monopolist's profit-maximizing quantity is found by equating MR2 to marginal cost (MC = $20):

                         80 - 2Q2 = 20

                                   Q2 = 30

Plugging this into the demand function, we find

                                    P2 = 50

Thus, the profit in market 2 is:

             π2 = (P2 - MC)Q2 = (50 - 20) x 30 = $900

c. To determine which market has a more elastic demand, we can look at the price elasticity of demand (PED) in each market.

The formula for PED is:

             PED = (%ΔQ / %ΔP) x (P / Q)

Using the demand functions,

we can find the PED for each market:

                   PED1 = (dQ1/dP1) x (P1/Q1) = -1 x (60/60) = -1

              PED2 = (dQ2/dP2) x (P2/Q2) = -1 x (50/30) = -1.67

Since PED2 is greater than PED1, we can conclude that demand is more elastic in market 2.

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Which organizational control system uses shared values, norms, and socialization as measures of control?
Multiple Choice
output control
behavior control
feedback control
clan control
concurrent control

Answers

The organizational control system that uses shared values, norms, and socialization as measures of control is "clan control."

Clan control is based on creating a strong organizational culture where employees share common values, beliefs, and norms. It emphasizes fostering a cohesive work environment and promoting employee commitment to the organization's goals and objectives.

In clan control, control measures are implemented through socialization processes, including orientation programs, training, mentorship, and team-building activities. The focus is on developing a sense of shared responsibility, mutual trust, and collaboration among employees.

By establishing a strong culture and socializing employees into the desired norms and values, clan control influences employee behavior and decision-making. It relies on the belief that when individuals identify with the organization and its values, they will naturally act in alignment with those values, reducing the need for external control mechanisms.

Therefore, the correct answer is: clan control.

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What tool might the Fed use to boost the economy during a recession? a. releasing more paper currency and coins. b.raising interest rates. c. Buying government securities d.Sell government securities to the public

Answers

During a recession, the Fed may use various tools to boost the economy, including buying government securities, option C). Buying government securities is one tool that the Fed might use to increase the money supply in the economy, hence option C) is the correct option.

The Federal Reserve, commonly known as the Fed, is responsible for implementing monetary policies that help stabilize the US economy. During a recession, the Fed may use various tools to boost the economy, including buying government securities. Buying government securities is one tool that the Fed might use to increase the money supply in the economy. When the Fed buys government securities, it injects money into the economy, thereby increasing the money supply. This increased money supply helps to lower interest rates, which can stimulate borrowing and spending, leading to increased economic activity. In contrast, selling government securities to the public can reduce the money supply in the economy. By selling government securities, the Fed reduces the amount of money in circulation, which can lead to higher interest rates and decreased economic activity. Therefore, this tool is not typically used to boost the economy during a recession. Raising interest rates is another tool that the Fed might use to stabilize the economy. Higher interest rates can encourage saving and discourage borrowing, which can help to slow down inflation. However, during a recession, higher interest rates can also lead to decreased borrowing and spending, which can further depress the economy. Releasing more paper currency and coins is not typically used as a tool to boost the economy during a recession. Increasing the money supply in this manner can lead to inflation, which can actually make the recession worse. In conclusion, buying government securities is one tool that the Fed might use to boost the economy during a recession. This tool can increase the money supply, lower interest rates, and stimulate borrowing and spending, leading to increased economic activity. Therefore option C) is the correct answer.

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consider the following sql statement: select * from employee where loc_num = '1004' and title = 'manager'

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This SQL statement is querying the employee table and looking for employees who are located in location number 1004 and have the job title of manager. The result set will include all columns for those employees who meet these criteria.



The purpose of this query may be to retrieve a list of all managers who work in location 1004. This information could be useful for various business purposes, such as identifying key decision makers in that location or determining the hierarchy of employees in that department. The use of SQL statements like this one can help managers and other decision makers in a company to access important information about their employees quickly and easily. By querying the database, they can gain insights into employee performance, location, job titles, and other factors that can help them make informed decisions about their workforce. In conclusion, this SQL statement is a simple yet powerful way to retrieve specific information about employees who meet certain criteria. It is an essential tool for managers and other business leaders who need to make informed decisions about their employees and their organization as a whole.

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Nancy Cotton bought 400 shares of NeTalk for $15 per share. One year later, Nancy sold the stock for $21per share, just after she received a $0.90 cash dividend from the company.
a) What is dollar return earned by Nancy for the year?
b) What is the rate return earned by Nancy?
c) separate the rate of return computed in part (b) into the dividend yield and the capital gains yield. In other words, compute the dividend yield and the capital gains yield that Nancy earned by holding NeTalk for one year.

Answers

a) Nancy earned a dollar return of $2,421 for the year. b) Nancy earned a rate of return of 40.35%. c) Nancy earned a dividend yield of 6% and a capital gains yield of 36.67%.

a) The dollar return earned by Nancy for the year can be calculated as follows:

Total revenue = (Number of shares x selling price per share) + dividend received
= (400 x $21) + $0.90
= $8,421

Total cost = Number of shares x purchase price per share
= 400 x $15
= $6,000

Dollar return = Total revenue - Total cost
= $8,421 - $6,000
= $2,421

Therefore, Nancy earned a dollar return of $2,421 for the year.

b) The rate of return earned by Nancy can be calculated as follows:

Rate of return = (Dollar return / Total cost) x 100%
= ($2,421 / $6,000) x 100%
= 40.35%

Therefore, Nancy earned a rate of return of 40.35%.

c) The dividend yield and the capital gains yield can be calculated as follows:

Dividend yield = (Dividend received / Purchase price per share) x 100%
= ($0.90 / $15) x 100%
= 6%

Capital gains yield = (Selling price per share - Purchase price per share - Dividend per share) / Purchase price per share) x 100%
= ($21 - $15 - $0.90) / $15 x 100%
= 36.67%

Therefore, Nancy earned a dividend yield of 6% and a capital gains yield of 36.67%.

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the united states most closely resembles which type of economic system?

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The United States most closely resembles a mixed economic system, which combines elements of both capitalism and socialism. In a mixed economic system, the government and private sectors both play important roles in the economy.

The United States has a capitalist economy, which is based on private ownership of property and resources, and the production of goods and services for profit. However, the government also plays an important role in regulating the economy, protecting consumers, and providing certain public goods and services, such as infrastructure, education, and healthcare.

The United States also has a social safety net, which provides assistance to those who are unemployed, disabled, or in need of other forms of support. This safety net is funded by taxes and administered by government agencies.

Overall, the United States economic system is characterized by a mix of private enterprise and government intervention, with a focus on promoting economic growth and providing basic needs for all citizens.

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A sailboat costs $20,537. You pay 20% down and amortize the rest with equal monthly payments over a 12-year period. If you must pay 6.9% compounded monthly, what is your monthly payment? How much interest will you pay? Monthly payments: $(Round to two decimal places.)

Answers

To calculate the total interest paid over the 12-year period, we can subtract the amount financed from the total of all monthly payments:

Total interest paid = (PMT * 12 years * 12 months) - Amount financed

Total interest paid = ($187.61 * 12 * 12) - $16,430.40

Total interest paid = $13,053.12

Therefore, you will pay $13,053.12 in interest over the 12-year period.

To calculate the monthly payment and interest, we need to use the formula for a loan payment:

PMT = (P * r) / (1 - (1 + r)^(-n))

where:

PMT = monthly payment

P = loan principal (amount financed)

r = monthly interest rate (annual rate / 12)

n = total number of payments (12 years * 12 months per year)

First, we need to calculate the amount financed:

Amount financed = sailboat cost - down payment

Amount financed = $20,537 - ($20,537 * 20%) = $16,430.40

Next, we can calculate the monthly interest rate:

r = annual interest rate / 12

r = 6.9% / 12 = 0.575% per month

Finally, we can calculate the monthly payment:

PMT = ($16,430.40 * 0.00575) / (1 - (1 + 0.00575)^(-12*12))

PMT = $187.61

Therefore, your monthly payment is $187.61.

To calculate the total interest paid over the 12-year period, we can subtract the amount financed from the total of all monthly payments:

Total interest paid = (PMT * 12 years * 12 months) - Amount financed

Total interest paid = ($187.61 * 12 * 12) - $16,430.40

Total interest paid = $13,053.12

Therefore, you will pay $13,053.12 in interest over the 12-year period.

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You will pay approximately $11,287.36 in interest over the life of the loan.

The amount of the down payment is:

20% of $20,537 = 0.20 x $20,537 = $4,107.40

The amount to be amortized is:

$20,537 - $4,107.40 = $16,429.60

The term of the loan is 12 years, or 144 months. The monthly interest rate is:

6.9% / 12 = 0.575% per month

The monthly payment can be calculated using the formula for the present value of an annuity:

PMT = r(PV) / [1 - (1 + r)^(-n)]

where PMT is the monthly payment, r is the monthly interest rate, PV is the present value of the loan, and n is the number of payments.

Plugging in the values, we get:

PMT = 0.00575(16,429.60) / [1 - (1 + 0.00575)^(-144)]

PMT ≈ $168.84

Therefore, your monthly payment is $168.84.

The total amount of interest paid over the life of the loan can be calculated by subtracting the principal borrowed from the total amount paid and rounding to the nearest cent:

Total interest = ($168.84 x 144) - $16,429.60 ≈ $11,287.36

Therefore, you will pay approximately $11,287.36 in interest over the life of the loan.

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Product TS-20 has revenue of $102,000, variable cost of goods sold of $52,500, variable selling expenses of $21,500, and fixed costs of $35,000, creating a loss from operations of $7,000. Prepare a differential analysis to determine if Product TS-20 should be continued (Alternative 1) or discontinued (Alternative 2), assuming fixed costs are unaffected by the decision.

Answers

Based on the differential analysis, Product TS-20 should be continued (Alternative 1) as it generates a higher contribution margin compared to discontinuing the product (Alternative 2).

To determine if Product TS-20 should be continued (Alternative 1) or discontinued (Alternative 2), we'll conduct the differential analysis  considering the relevant costs and revenues for each alternative.

1: Identify the relevant costs and revenues for each alternative

Alternative 1 (Continue Product TS-20): Revenue of $102,000, variable cost of goods sold of $52,500, and variable selling expenses of $21,500.

Alternative 2 (Discontinue Product TS-20): No revenue, and no variable costs.

2: Calculate the contribution margin for each alternative

Alternative 1: Contribution margin = Revenue - (Variable cost of goods sold + Variable selling expenses) = $102,000 - ($52,500 + $21,500) = $102,000 - $74,000 = $28,000

Alternative 2: Contribution margin = 0, as there is no revenue and no variable costs.

3: Compare the contribution margins and make a decision

Since the fixed costs of $35,000 are unaffected by the decision, we only need to compare the contribution margins of both alternatives.

The contribution margin for Alternative 1 (Continue Product TS-20) is $28,000, while the contribution margin for Alternative 2 (Discontinue Product TS-20) is $0. In this case, it would be more beneficial to continue Product TS-20, as the contribution margin is higher than if the product were discontinued.

In conclusion, based on the differential analysis, Product TS-20 should be continued.

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Two players are bargaining over a perfectly divisible ice-cream cake of size 4 pound (lb). The cake melts in the following way – in each period, it loses one pound. That is, the cake is 4lb in period 1, 3lb in period 2, and 2lb in period 3, and 1 lb in period 4, and has vanished in period 5. The players are fully patient and only care about the amount of cake they consume, and not the period in which they eat it. The players bargain over the cake using the following protocol. In any period t, one player is the proposer and offers a share of the cake to the the other player, the responder. If the responder accepts this offer, then both players eat their agreed shares in the same period. If the responder rejects the proposer’s offer, the game moves to the next period where the roles of the players are reversed, so that the responder in the previous period becomes the proposer. The game begins in period one with player 1 being the proposer (i.e. player 1 is the proposer in odd periods and player 2 is the proposer in even periods). Solve for a subgame perfect equilibrium of this bargaining game.

Answers

The subgame perfect equilibrium of this bargaining game is for the proposer to offer 3/4 of the remaining cake to the responder, and for the responder to accept any offer that is at least 1/4 of the remaining cake. This leads to an efficient outcome where each player gets half of the cake in each period.

In this bargaining game, two players are dividing a perfectly divisible ice-cream cake of size 4 pounds over 5 periods.

The cake melts at a rate of 1 pound per period, and the players only care about the amount of cake they consume, not the period in which they eat it. The players alternate in being the proposer and responder, and the responder has the option to accept or reject the proposer's offer.

To find a subgame perfect equilibrium, we can work backwards from the final period (period 5) and use backward induction. In period 5, the cake is only 1 pound, so there is no bargaining to be done. The proposer (Player 1) will offer 1/2 pound to the responder (Player 2), and the responder will accept, as there is no incentive to reject since they cannot get a better offer in the next period.

Moving to period 4, the cake is 2 pounds, and Player 2 is the proposer. Player 2 knows that if they offer less than 1/2 pound, Player 1 will reject the offer and become the proposer in period 5, offering only 1/2 pound. So, Player 2 must offer at least 1/2 pound to Player 1. However, Player 1 can reject any offer less than 3/4 pound, as they know that they will be the proposer in period 5 and can offer 1/2 pound. Therefore, the subgame perfect equilibrium offer in period 4 is 3/4 pound to Player 1 and 1/4 pound to Player 2.

Moving to period 3, the cake is 3 pounds, and Player 1 is the proposer. Player 1 knows that if they offer less than 3/4 pound, Player 2 will reject the offer, and they will become the proposer in period 4, offering 3/4 pound. Therefore, the subgame perfect equilibrium offer in period 3 is 3/4 pound to Player 1 and 1/4 pound to Player 2.

Moving to period 2, the cake is 4 pounds, and Player 2 is the proposer. Player 2 knows that if they offer less than 3/4 pound, Player 1 will reject the offer, and they will become the proposer in period 3, offering 3/4 pound. Therefore, the subgame perfect equilibrium offer in period 2 is 3/4 pound to Player 2 and 1/4 pound to Player 1.

Finally, moving to period 1, the cake is 4 pounds, and Player 1 is the proposer. Player 1 knows that if they offer less than 3/4 pound, Player 2 will reject the offer, and they will become the proposer in period 2, offering 3/4 pound. Therefore, the subgame perfect equilibrium offer in period 1 is 3/4 pound to Player 1 and 1/4 pound to Player 2.

In conclusion, the subgame perfect equilibrium of this bargaining game is for the proposer to offer 3/4 of the remaining cake to the responder, and for the responder to accept any offer that is at least 1/4 of the remaining cake. This leads to an efficient outcome where each player gets half of the cake in each period.

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In the first period, player 1 (the proposer) knows that if she offers less than 1/2 of the cake, player 2 (the responder) will reject the offer since she can get at least 1/2 of the cake in the next period if she waits. Therefore, player 1 will offer 1/2 of the cake to player 2, and player 2 will accept.

In the second period, player 2 is the proposer and knows that player 1 will only accept a share of at least 1/2 of the remaining cake. Therefore, player 2 will offer 1/2 of the remaining cake (which is 2lb/3lb) to player 1, and player 1 will accept.

In the third period, player 1 is the proposer and knows that player 2 will only accept a share of at least 1/2 of the remaining cake. Therefore, player 1 will offer 1/2 of the remaining cake (which is 1lb/2lb) to player 2, and player 2 will accept.

In the fourth period, player 2 is the proposer and knows that player 1 will only accept a share of at least 1/2 of the remaining cake. Therefore, player 2 will offer 1/2 of the remaining cake (which is 1/2 lb/1 lb) to player 1, and player 1 will accept.

Therefore, the subgame perfect equilibrium of this bargaining game is for player 1 to offer 1/2 of the cake in the first period, and for the proposer in each subsequent period to offer 1/2 of the remaining cake. Each offer will be accepted, and the cake will be divided evenly between the two players.

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is the change in specific entropy the same as the rate of entropy production per mass flow? why or why not?

Answers

The change in specific entropy is not the same as the rate of entropy production per mass flow.

Specific entropy refers to the entropy of a substance per unit mass, while the rate of entropy production per mass flow involves the rate at which entropy is produced in a process per unit mass flow rate.

The change in specific entropy (Δs) is calculated as the difference between the final and initial specific entropies in a process.

On the other hand, the rate of entropy production per mass flow (σ) is calculated as the product of the mass flow rate (m) and the rate of change of specific entropy (ds/dt). These two terms differ in their significance and units.

The change in specific entropy gives insight into the irreversibility of a process, whereas the rate of entropy production per mass flow is more relevant to the analysis of energy conversion processes and efficiency.

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Bond A is a par bond and Bond B is a premium bond. All else equal, which bond has the higher coupon rate?
A
B
A=B
Bond A is a par bond and Bond B is a discount bond. All else equal, which bond has the lower coupon rate?
A
B
A=B
Bond A is a corporate bond and Bond B is a municipal bond. Which bond should have the higher yield to maturity?
A
B
A=B

Answers

a)Bond B should have the higher coupon rate.

b) Bond A should have the lower coupon rate.

c) Bond B should have the higher yield to maturity.

For the first question, a par bond is a bond where the issue price is equal to its face value or par value, while a premium bond is a bond where the issue price is higher than its face value. Assuming that Bond A and Bond B have the same maturity and credit rating, Bond B should have the higher coupon rate. This is because the higher issue price of Bond B means that investors are willing to accept a lower yield or return on their investment, and the coupon rate reflects the yield required by investors.

For the second question, a discount bond is a bond where the issue price is lower than its face value. Assuming that Bond A and Bond B have the same maturity and credit rating, Bond A should have the lower coupon rate. This is because the lower issue price of Bond A means that investors require a higher yield or return on their investment, and the coupon rate reflects the yield required by investors.

For the third question, municipal bonds are issued by state and local governments and are generally exempt from federal income tax and sometimes state and local income tax. Corporate bonds are issued by corporations and are subject to federal income tax. Assuming that Bond A and Bond B have the same maturity and credit rating, Bond B should have the higher yield to maturity. This is because the tax-exempt status of municipal bonds means that investors are willing to accept a lower yield on their investment compared to taxable corporate bonds. Therefore, the yield on municipal bonds needs to be higher to compensate for the tax advantage they provide.

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eoq model deals with two categories of costs, inventory carry costs and inventory ordering costs. (True or False)

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The given statement, "eoq model deals with two categories of costs, inventory carry costs and inventory ordering costs" is true because it takes into account two categories of costs: inventory carrying costs and inventory ordering costs.

Inventory carrying costs are the expenses associated with holding inventory, such as storage costs, insurance, and the cost of capital tied up in inventory. Inventory ordering costs are the expenses associated with placing an order for inventory, such as order processing, shipping, and handling fees.

The EOQ model seeks to find the order quantity that minimizes the total costs associated with inventory, taking into account both carrying and ordering costs. By balancing these two costs, companies can find the optimal order quantity that minimizes their total inventory costs.

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During the year, Newark Boat Yard has incurred manufacturing costs of $250,000 in building three large sailboats. At year-end, each boat is about 60 percent complete. How much of these manufacturing costs should be recognized as expenses in Newark Boat Yard’s income statement for the current year?

Answers

The amount of manufacturing costs that should be recognized as expenses in Newark Boat Yard's income statement for the current year can be calculated using the percentage of completion method.

According to the problem, the total manufacturing costs incurred during the year are $250,000, and each boat is about 60% complete at year-end. This means that the total costs incurred up to year-end for the three boats are:

Total costs incurred up to year-end = $250,000 x 60% x 3 = $450,000

Therefore, the amount of manufacturing costs that should be recognized as expenses in Newark Boat Yard's income statement for the current year is $450,000.

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