Consider an open economy with flexible exchange rates. Output is at the natural level and there is a trade deficit. Also, the Marshall-Lerner condition holds. The government wants to reduce the trade deficit and leave the level of output at its natural level. What is the appropriate fiscal and monetary policy mix? a. an increase in interest rates and no fiscal policy variation b. an increase in interest rates and a fiscal expansion c. an increase in interest rates and a fiscal contraction d. a cut in interest rates and a fiscal expansion e. a cut in interest rates and a fiscal contraction

ROE refers to Return on Equity, whereas ROA refers to Return on Assets. The debt-to-equity ratio, on the other hand, compares a company's debt to its equity. It's used to determine how much leverage a company has. It indicates how much of a company's financing comes from debt compared to equity.Company B's ROE is 0.452 or 45.2%.

ROE can be determined by multiplying ROA by Asset Utilization, which is the measure of how effectively a company is using its assets. It can be represented by the equation:

ROE = ROA * Asset Utilization * Financial Leverage

ROE = ROA * (Total Assets / Equity) * (Total Assets / Total Equity)

Here, Company B's ROA is 6.8%, and its Debt-to-Equity Ratio is 1.8.,ROA = 6.8%,Debt-to-Equity Ratio = 1.8

Let's substitute these values into the ROE formula to find out its value:

ROE = 6.8% * (Total Assets / Equity) * (Total Assets / Total Equity)

Total Assets / Equity = Debt-to-Equity Ratio + 1

Total Assets / Total Equity = Debt-to-Equity Ratio * ROE = 6.8% * (1.8 + 1) * (1.8 * ROE)

1 = 6.8% * 2.8 * 1.8 * ROE

ROE = 0.228 / 0.504

ROE = 0.452

It implies that Company B's ROE is 0.452 or 45.2%. The solution is to be rounded to 3 decimal places. Thus, the final answer is 0.452.

To know more about Return on Equity visit:

https://brainly.com/question/27821130

#SPJ11

After the first year of tenancy, the landlord is permitted to retain a security deposit in a maximum amount equal to one month rent. A security deposit is an amount of money paid by the tenant to the landlord at the beginning of a lease or rental agreement.

This amount acts as a safeguard for the landlord against any property damage or unpaid rent caused by the tenant during the lease period. Once the lease period is over, the landlord is required to return the security deposit to the tenant within a certain period of time. One such circumstance is when the tenant breaches the lease agreement.

This can include causing damage to the property, breaking lease terms, or leaving the property without notice. In these cases, the landlord can use the security deposit to cover the cost of repairing damages, unpaid rent, or other expenses related to the breach of lease terms. After the first year of tenancy, the landlord is permitted to retain a security deposit in a maximum amount equal to one month rent.

To know more about landlord visit:

https://brainly.com/question/29741978

#SPJ11

Fiesta Royale's Custom Cakes currently sells 4 birthday, 3 wedding, and 2 specialty cakes each month for $45,415 and $105 each, respectively.

The cost of labor is $50 per hour (including benefits) and it takes 90 minutes to produce a birthday cake, 240 minutes to produce a wedding cake, and 60 minutes to produce a specialty cake.

Overhead cost is estimated to be $250 for the production of the cakes.

The production cost of a birthday cake:

It takes 90 minutes to produce a birthday cake.1 hour = 60 minutes.

90 minutes = $90/60 = $1.5

Cost of producing a birthday cake = $1.5 × 2 = $3

The production cost of a wedding cake

:It takes 240 minutes to produce a wedding cake.

1 hour = 60 minutes.

240 minutes = $240/60 = $4

Cost of producing a wedding cake = $4 × 3 = $12

The production cost of a specialty cake:

It takes 60 minutes to produce a specialty cake.

1 hour = 60 minutes.

60 minutes = $60/60 = $1

Cost of producing a specialty cake = $1 × 2 = $2

Production cost for selling all cakes = $3 × 4 + $12 × 3 + $2 × 2 =$12 + $36 + $4 = $52

Labour cost:

Labour cost per hour is $50.

1 hour = 60 minutes.

90 minutes = $50/60 × 90 = $75L

abour cost of producing 4 birthday cakes = 4 × $75 = $300

Labour cost of producing 3 wedding cakes = 3 × 4 × $50 = $600

Labour cost of producing 2 specialty cakes = 2 × $50 = $100

Total labour cost = $300 + $600 + $100 = $1000

The overhead cost is $250.

Total production cost = $52 + $1000 + $250 = $1302

Total revenue from selling cakes = 4 × $45 + 3 × $105 = $180 + $315 = $495

Total profit = $495 - $1302 = -$807

Therefore, the total profit is -$807.

Hence, option A is correct.

Question in correct format is given as:

Fiesta Royale's Custom Cakes currently sells 4 birthday, 3 wedding, and 2 specialty cakes each month for 45, 155, and 105 each, respectively. The cost of labour is 50 per hour (including benefits) and it takes 90 minutes to produce a birthday cake, 240 minutes to produce a wedding cake, and 60 minutes to produce a specialty cake. Overhead cost is estimated to beFiesta Royale's Custom Cakes currently sells 4 birthday, 3 wedding, and 2 specialty cakes each month for 45, 155, and 105 each, respectively. The cost of labour is50 per hour (including benefits) and it takes 90 minutes to produce a birthday cake, 240 minutes to produce a wedding cake, and 60 minutes to produce a specialty cake. Overhead cost is estimated to be 250 for the production of the cakes.

a. Calculate Fiesta Royale's labour productivity ratio in Cedis per hour for each type of cake.

i. Birthday cake  

ii. Wedding cake

iii. Specialty cake

To know more about Overhead Cost, click here

brainly.com/question/13037939

#SPJ11

Net capital spending for 2019 can be calculated by using the formula given below: Net capital spending = (ending net fixed assets − beginning net fixed assets) + Depreciation expense.

Net capital spending can be defined as the difference between net fixed assets of the current year and the previous year along with the depreciation expenses incurred during the current year.

By using the formula given above, we can find the net capital spending of Lucky Charms Breakfast Lover, Inc. in 2019.The net fixed assets of Lucky Charms Breakfast Lover, Inc. in 2019 were 6.1 million and net fixed assets of the firm in 2018 were 5.5 million. Therefore, the change in net fixed assets for the year 2019 is:6.

To know more about capital visit:

https://brainly.com/question/32408251

#SPJ11

The statement that is NOT correct is c) Financial media seems to recognize how overconfident CEOs describe their business opportunities. A description of the correct statement has been discussed below.Overconfident CEOs are likely to exercise their ESOs nearer the ESO’s expiration date than non- overconfident CEOs: Financial media is not capable of recognizing CEO's overconfidence while describing their business opportunities.

This statement is correct. Overconfident CEOs believe that their firm's stock prices will rise in the future, hence the overconfidence in their abilities makes them postpone the exercise of their ESOs.CEO’s overconfidence is likely to increase when it takes time before the outcome is revealed: This statement is correct. CEOs become more overconfident when it takes a more extended period to observe the outcome of their decisions. CEO's Overconfidence is one form of agency conflict between owners and managers: This statement is correct. The agency conflict arises when the CEO’s interest is not aligned with the owner's interest, leading to a conflict of interest. CEO's Overconfidence is a type of conflict that arises due to CEO's overestimating their ability to make successful decisions. Therefore, option c) is NOT correct. Financial media is not capable of recognizing CEO's overconfidence while describing their business opportunities.

To know more about Financial media visit:

https://brainly.com/question/32328616

#SPJ11

The price and advertising budget that will maximize profit can be determined using the method of Lagrange multipliers. We need to maximize the profit function subject to the constraints. The profit function is given by P = (p - 700)(s) - a, where p is the price, s is the sales, and a is the advertising budget.

The constraints are:Price elasticity constraint: s = 10,000 + 1,005,000(950 - p), Advertising budget constraint: a ≤ 75,000. Using Lagrange multipliers, we set up the Lagrangian function as follows: L = (p - 700)(s) - a + λ[10,000 + 1,005,000(950 - p)] + μ(a - 75,000), where λ and μ are the Lagrange multipliers.By taking partial derivatives of the Lagrangian function with respect to p, s, a, and the Lagrange multipliers, and setting them equal to zero, we can solve for the optimal values of p and a that maximize the profit function.b) The sensitivity of the decision variables (price and advertising) to price elasticity can be analyzed by examining the impact of changes in the price elasticity factor on the optimal values of p and a. By adjusting the price elasticity factor in the price elasticity constraint equation, we can observe the corresponding changes in the optimal price and advertising budget that maximize profit.

To learn more about budget:

https://brainly.com/question/28920558

#SPJ11

Without knowledge of the current market interest rate, it is impossible to determine if the Allegiant bonds are issued at par value, at a discount, or at a premium.

We must contrast the coupon rate (6%) with the going market interest rate for equivalent bonds in order to establish if the bonds issued by Allegiant are being sold at par value, at a discount, or at a premium. The bond is issued at par value if the coupon rate matches the market interest rate. The bond is issued at a discount if the coupon rate is lower than the market interest rate. The bond is instead issued at a premium if the coupon rate is higher than the market interest rate.

It is impossible to say for sure if the Allegiant bonds are issued at par value, at a discount, or at a premium without knowledge of the current market interest rate.

Learn more about Allegiant bonds here:

https://brainly.com/question/29563892

#SPJ11

APY (Annual  Yield) is a financial metric that reflects the amount of interest earned on a deposit account over a year.

To compare the CD offers, we need to find the APYs for each bank and then select the one with the highest APY. Here's how to do it. The formula to find APY is
APY = (1 + r/n)n - 1,

where r is the annual interest rate, and n is the number of compounding periods per year.

For the first bank, r = 4.96% and n = 12 (monthly compounding).
APY = (1 + 0.0496/12)12 - 1

= 5.066%
For the second bank, r = 4.95% and

n = 365 (daily compounding).
APY = (1 + 0.0495/365)365 - 1

= 5.057%
For the third bank, r = 4.97% and

n = 4 (quarterly compounding).
APY = (1 + 0.0497/4)4 - 1

= 5.072%.

To know more about financial visit:
https://brainly.com/question/20123742
#SPJ11

The volume of revenues that a single customer must generate to necessitate disclosing the existence of a major customer can be calculated as follows:

Segment Revenue A 200,000B 400,000C 800,000D 100,000E 50,000F 150,000Total 1,700,000A single customer is considered a major customer if it generates 10% or more of the company's revenue. Therefore, we need to find the 10% of the total revenue.10% of 1,700,000 is:1,700,000 × 10% = $170,000Therefore, if a single customer generates revenues of more than 170,000, it is necessary to disclose the existence of a major customer.

Now, assuming each of the six segments has a profit or loss (in thousands) as follows, which warrants separate disclosure: Segment Profit/Loss A 25B 50C (40)D (10)E (5)F (15)Any segment that reports an operating loss of $20,000 or more warrants separate disclosure as per the accounting standards. Thus, Segment C is the only one that meets this criterion and warrants separate disclosure.

To know more about revenues visit :

https://brainly.com/question/33361969

#SPJ11

A threat to a company's security is any activity or event that could cause harm to a company's hardware, software, or data. It can come from a variety of sources, both internal and external. The following are examples of potential security threats:

1. The log management service on the antivirus server frequently fails.

2. Employees have not been trained on the current company security policies.

3. A competitor plants undetected malware on the company's PC database server.

4. Some of the organization's devices have outdated, unpatched software.

The threat to a company's security comes from different sources, which include internal and external sources.

Security threats refer to the possibility of loss, damage, or theft of digital assets like data, hardware, and software. Security threats come from different sources, including internal and external sources. Internal threats may include negligence on the part of employees, lack of proper security policies, or insufficient access controls. In contrast, external threats include cyberattacks, malware, and hacking attempts.

Security threats can be physical, technical, or administrative. Some of the common types of security threats include viruses, trojans, phishing, social engineering, malware, spam, adware, spyware, and identity theft. These threats can cause significant damage to an organization's systems and data.

The four examples of security threats provided in the question are as follows:

1. The log management service on the antivirus server frequently fails. This could mean that there are gaps in the antivirus software, which could lead to malware or other viruses penetrating the system.

2. Employees have not been trained on the current company security policies. This could mean that employees are not aware of how to secure their data, which could lead to data breaches.

3. A competitor plants undetected malware on the company's PC database server. This could result in loss or theft of data or a compromise of the company's IT infrastructure.

4. Some of the organization's devices have outdated, unpatched software. This could mean that there are gaps in the software that hackers could exploit to gain unauthorized access to the system.

Learn more about Security threats: https://brainly.com/question/29793052

#SPJ11

The direct materials price variance is $2,100 U (Unfavorable), the direct materials quantity variance is $4,500 U (Unfavorable), and the total direct labor cost variance is $49,000 U (Unfavorable).

Direct materials price variance, direct materials quantity variance, and total direct labor cost variance are the variances calculated by Direct Materials and Direct Labor Variance Analysis. What is Variance Analysis?

Variance analysis is an important component of management accounting that helps companies to keep track of their expenditures. This analysis entails determining the difference between actual expenses and budgeted expenses for any given accounting period.

In Shasta Fixture Company's case, the total standard cost per unit is $23.50. Here is the solution to the question: Calculation of Direct Materials Price Variance: Actual Cost = 80,000 ÷ 10,000 = $8 per pound

Actual Quantity = 10,500 pounds

Price Variance = (10,500 * $10) - (10,500 * $8) = $21,000 - $18,900 = $2,100 U (Unfavorable)

Calculation of Direct Materials Quantity Variance: Actual Cost = 80,000 ÷ 10,000 = $8 per pound

Standard Cost = $9 per pound Actual Quantity = 10,500 pounds

Quantity Variance = (10,500 * $9) - (10,000 * $9) = $94,500 - $90,000 = $4,500 U (Unfavorable)

Calculation of Total Direct Labor Cost Variance: Standard Hours = 3,500 * 35 = 122,500

Actual Hours = 3,360 * 35 = 117,600

Standard Rate per Hour = $14

Total Direct Labor Standard Cost = 122,500 * $14 = $1,715,000

Actual Rate per Hour = $15Total Direct Labor Actual Cost = 117,600 * $15 = $1,764,000

Total Direct Labor Cost Variance = Actual - Standard = $1,764,000 - $1,715,000 = $49,000 U (Unfavorable)

Hence, the direct materials price variance is $2,100 U (Unfavorable), the direct materials quantity variance is $4,500 U (Unfavorable), and the total direct labor cost variance is $49,000 U (Unfavorable).

To know more about cost visit:

https://brainly.com/question/14566816

#SPJ11

At the end of the accounting period immediately before the financial statements are prepared, adjusting entries are prepared.What are Adjusting Entries Adjusting entries are entries made in accounting records at the end of a financial period to update income and expenditure accounts to reflect the true account balances.

These entries are used to change revenue and expense account balances, as well as assets and liabilities that are not recorded during daily transactions, such as depreciation and allowances for bad debt. Adjusting entries are prepared at the end of each accounting period after the unadjusted trial balance is drawn up to ensure that the company's financial statements accurately reflect the company's financial condition and results of operations.

The goal of adjusting entries is to ensure that a company's financial statements accurately reflect its income and expenses for the period under review. In general, adjusting entries are made to ensure that revenue, expenses, assets, and liabilities are correctly recorded. Adjusting entries must be recorded before the company's financial statements are prepared at the end of the accounting period. adjusting entries are made at the end of the accounting period immediately before the financial statements are prepared to ensure that the company's financial statements are correct.

To know more about expenditure visit:

brainly.com/question/30063968

#SPJ11

A Treasury bill (T-bill) is a short-term debt obligation that the US government issues and investors may buy at a discount or face value. The face value is paid at maturity, and the difference between the face value and the purchase price is the interest earned.

Here's how to determine the quoted interest rate for a 180-day T-bill purchased for 95,000 with a face value of 100,000 in Canada and the US using banker's rule:

a) For Canada Canada calculates interest on T-bills on a discount basis, which is the difference between the face value and the purchase price.

When calculating the interest rate on a Canadian T-bill, use the following formula:

Discount rate = (Face value - Purchase price) / Face value x 365 days / Days until maturity

Discount rate = (100,000 - 95,000)

/ 100,000 x 365 days

/ 180 days

Discount rate = 0.026 x 2.0278

Discount rate = 0.0527 or 5.27%

The quoted interest rate for the 180-day T-bill in Canada is 5.27%.

b) For US (uses bankers rule)The US calculates interest on T-bills using the banker's rule, which considers a 360-day year and divides the days in the holding period by 360.

Here's how to determine the quoted interest rate on a 180-day T-bill purchased in the US:

Days of interest = Purchase price x Quoted annual interest rate x Days held

/ 360Days of interest = 95,000 x Quoted annual interest rate x 180

/ 360 Quoted annual interest rate = Days of interest / Purchase price x 360

/ Days held Quoted annual interest rate = 5000

/ 95,000 x 360

/ 180Quoted annual interest rate = 0.0558 or 5.58%

The quoted interest rate for the 180-day T-bill purchased in the US is 5.58%.

To know more about maturity visit :

https://brainly.com/question/28265519

#SPJ11

Case Study Seven: Starbucks at the Airport: Discrimination in Public Spaces

Starbucks at the Airport: Discrimination in Public Spaces

The Starbucks Coffee Company, which operates a worldwide chain of coffeehouses, is the protagonist of the case study number seven, “Starbucks at the Airport: Discrimination in Public Spaces.”

The case study discusses a Starbucks in the airport where a barista refused to serve a Black man in June 2015. The barista allegedly refused to provide the client with a receipt as well.

The case study discusses how the racism in public spaces and public institutions can lead to more extensive racist issues within society.

This can create systemic inequality that can have a significant effect on the long-term lives of individuals belonging to underrepresented and marginalized groups in society.

Starbucks decided to apologize and take corrective measures following the incident. After this incident, Starbucks launched a “Race Together” campaign to encourage discussions of racism and promote dialogue about the subject.

This case study is related to the concepts of equity, diversity, and inclusion.

Discrimination, especially when it is structural and ingrained in social systems, can have a severe impact on the marginalized population.

The Starbucks case study demonstrates the significance of using inclusive and equitable approaches to make public spaces more accessible and welcoming to all.

To know more about Discrimination visit:

https://brainly.com/question/14896067

#SPJ11

The ending cash balance for January is $78,500, and for February, it is $72,300.

Cash Budget for January and February
Cash balance for January 1, 2020 = $44,800
Minimum monthly cash balance = $20,000
Collections from customers:
January = $90,000
February = $110,100
Payments to suppliers:
January = $40,300
February = $49,700
Direct labor:
January = $29,800
February = $35,000
Manufacturing overhead:
January = $24,900
February = $29,800
Selling and administrative expenses:
January = $16,100
February = $21,800
Sales of investments in January = $10,000
Cash collections for January and February:
January = $90,000
February = $110,100
Total cash available for January:
Opening balance = $44,800
Collections = $90,000
Investment sale = $10,000
Total cash available = $144,800
Total cash disbursements for January:
Suppliers = $40,300
Direct labor = $29,800
Manufacturing overhead = $24,900
Selling and administrative expenses = $16,100
Total cash disbursements = $111,100
Net cash inflow for January:
Total cash available = $144,800
Total cash disbursements = $111,100
Net cash inflow = $33,700
Ending cash balance for January:
Opening cash balance = $44,800
Net cash inflow = $33,700
Ending cash balance = $78,500
Total cash available for February:
Opening cash balance = $20,000 (minimum monthly cash balance)
Collections = $110,100
Total cash available = $130,100
Total cash disbursements for February:
Suppliers = $49,700
Direct labor = $35,000
Manufacturing overhead = $29,800
Selling and administrative expenses = $21,800
Total cash disbursements = $136,300
Net cash outflow for February:
Total cash available = $130,100
Total cash disbursements = $136,300
Net cash outflow = -$6,200
Ending cash balance for February:
Opening cash balance = $78,500
Net cash outflow = -$6,200
Ending cash balance = $72,300
Thus, the total cash available for January and February is $144,800 and $130,100 respectively.

The net cash inflow for January is $33,700, and for February, the net cash outflow is -$6,200.

The ending cash balance for January is $78,500, and for February, it is $72,300.

To know more about Manufacturing visit:

https://brainly.com/question/29489393

#SPJ11

A passive continental margin is a transition zone between the continent and the ocean. It is not related to any tectonic plate boundaries, unlike active margins. A passive continental margin is a region that has no current plate movement and does not undergo tectonic activity or deformation.

Features of Passive Continental Margins:

The features of a passive continental margin include the following:

1. Broad Continental Shelf

The passive margin is a broad continental shelf, which extends away from the continent into the ocean. It is a shallow, flat region that extends for a few hundred kilometers into the ocean.

2. Sedimentary Deposits

The passive continental margin is abundant in sediments that are typically fine-grained and accumulate over a long period. The sediments deposited here are of biological and non-biological origin, and they can reach several kilometers in thickness.

3. Wide Continental Slope

The slope of the passive margin is much gentler than that of an active margin. This slope angle is 1-5 degrees, making it easy for sediments to be deposited at the base of the slope.

4. Continental Rise

The continental rise is a broad, gentle slope that forms at the base of the continental slope. The sediment accumulation and deposition rate decrease here.

5. Fewer Earthquakes

The passive continental margin is less prone to earthquakes compared to the active margin.

6. Passive Continental Margin  

The passive Continental Margin has no volcanic activity and no major seismic activity. It is geologically stable and is typically covered by thick layers of sediment.

Learn more about volcanic activity: https://brainly.com/question/30513717

#SPJ11

The Apache Junction Company is evaluating a capital expenditure proposal that requires an initial investment of $44,190, has predicted cash inflows of $9,000 per year for 13 years, and has no salvage value.

To evaluate the capital expenditure proposal, we need to calculate the net present value (NPV) and the payback period. Net Present Value (NPV): NPV is a financial metric used to determine the profitability of an investment by comparing the present value of expected cash inflows to the initial investment. To calculate the NPV, we use the formula

NPV = (Cash inflows - Initial investment) /

(1 + Discount rate) ^

Year In this case, the cash inflows are $9,000 per year for 13 years, and the initial investment is $44,190. However, we are not given the discount rate, so we cannot calculate the exact NPV without this information.

The payback period is the time it takes for the initial investment to be recovered through the expected cash inflows. To calculate the payback period, we divide the initial investment by the annual cash inflow:

Payback period = Initial investment /

Cash inflows per year In this case, the payback period would be:

Payback period = $44,190 /

$9,000 per year = approximately 4.91 years Based on the information provided, we can conclude that the payback period for this capital expenditure proposal is approximately 4.91 years. However, without the discount rate, we cannot determine the exact net present value.

To know more about apache visit:

https://brainly.com/question/32941736

#SPJ11

Hans needs to save a monthly amount to reach €120,000 in 31 years, considering a 2.03% yearly interest rate.

To calculate the monthly savings amount required for Hans to accumulate €120,000 in 31 years, we need to consider the effect of compound interest.

Given an annual interest rate of 2.03%, we can divide it by 12 to obtain a monthly interest rate of approximately 0.1692%. We can then use the future value of an ordinary annuity formula to determine the monthly savings amount. The formula is:

Where PMT is the monthly savings amount, PV is the desired future value (€120,000), r is the monthly interest rate (0.001692), and n is the total number of months (31 years * 12 months/year). Plugging in these values, we find that Hans needs to save approximately €147.86 each month.

Learn more about amount here-

brainly.com/question/31718749

#SPJ11

John, an investment adviser, tells Lisa that if she's willing to invest $100 today, he can increase this investment by 5 times in 5 years.

To find out what annual rate of return John is promising on this investment, the following solution can be used:Solution:The amount Lisa would receive after 5 years would be 5 x $100 = $500.Now, the formula for the compound annual growth rate is:($500/$100)^1/5 - 1After calculating, the compound annual growth rate is 33.22%. Therefore, John is promising Lisa a 33.22% annual rate of return on her investment. Answer:John is promising a 33.22% annual rate of return on Lisa's investment.

To know more about investment visit:

https://brainly.com/question/15105766

#SPJ11

The nominal GDP of the U.S. in 2012 was approximately $16.2 trillion. This means that the total value of goods and services produced in the U.S. during that year, without adjusting for inflation, was around $16.2 trillion.

Nominal GDP represents the economic output of a country at current prices, without accounting for changes in the price level over time. It reflects the market value of all final goods and services produced within the borders of the country in a given year. The nominal GDP figure provides a snapshot of the overall economic activity and size of the economy during a specific period.

It is important to note that nominal GDP does not provide an accurate measure of economic growth when comparing across different years or adjusting for changes in purchasing power. For such purposes, economists often use real GDP, which adjusts for inflation and provides a more meaningful assessment of economic performance over time.

To learn more about nominal GDP click here

https://brainly.com/question/14810510

#SPJ11

Nominal GDP increased from roughly $13.5 trillion in 2006 to $18.5 trillion in 2016, while prices rose on average by roughly 18 percent in the same period.

Real GDP is a measure of the GDP adjusted for inflation (i.e., inflation-adjusted GDP). Nominal GDP and real GDP differ because nominal GDP is not adjusted for inflation, while real GDP is adjusted for inflation.In the given case, if we use the formula for calculating real GDP,

then it will be:Real GDP = Nominal GDP / Price Index*100%So, in this scenario, we can say that the Price Index will be 100% + 18% = 118%.Hence,Real GDP = $18.5 trillion / 118%*100%Real GDP = $15.68 trillionThus, in percentage terms, the real GDP increased by approximately 16.07%.

In real terms, the US economy increased by 16.07 percent from 2006 to 2016.

To know more about increased visit:

https://brainly.com/question/2285058

#SPJ11

The answer to the question is the following :Option A (Standardized product) is not a characteristic of services. It refers to the fact that a service can be customised to meet the specific needs of a customer and that it can be delivered in a variety of ways.

Services are characterized by several characteristics. The five most common characteristics of services are as follows:

1. Intangibility2. Perishability3. Variability4. Inseparability5. Non-ownership of servicesStandardized product, on the other hand, is not a characteristic of services. A service can be tailored to meet the specific needs of a customer. It is delivered in a variety of ways.

A service is generally provided in a highly customized manner, which is tailored to the specific needs of the customer. The customization of a service is one of its most important attributes, as it allows the provider to meet the specific needs of the customer.

To know more about Standardized product visit:

https://brainly.com/question/24271635

#SPJ11

By comparing the revenues and net income data from 2015 to the previous year, 2014, we can analyze the growth rate and evaluate the company's financial performance over time. Historical comparisons indicate the importance of using them to evaluate a company's financial performance. The correct option is A.

The details supplied regarding Apple Inc.'s sales and net income growth rates underline the significance of using historical comparisons to assess a company's financial performance. Analysts can determine patterns and gauge the company's growth by comparing the current year's numbers to those from the prior year.

The fact that revenue and net income have grown significantly in this instance suggests that Apple Inc. is on the right track. Other techniques and studies, such as financial ratios, industry standards, and competition analysis, can be used, nevertheless, to undertake a thorough examination of a company's financial performance.

Thus, the ideal selection is option A.

Learn more about financial performance here:

https://brainly.com/question/28287663

#SPJ4

To summarize:
1. Purely fixed costs do not change with the level of activity.
2. Examples of purely fixed costs for Rommel Trucking could include salary expenses, rent, and depreciation expenses.
3. These costs remain constant regardless of the number of cargo miles driven.

Based on the given information, Rommel Trucking uses cargo miles driven (CMD) as an activity base. They have reported the following breakdown of cost behaviors: purely fixed costs.

Purely fixed costs are costs that do not change with the level of activity. These costs remain constant regardless of the number of cargo miles driven. Examples of purely fixed costs for Rommel Trucking could include the salary of a supervisor who is not directly involved in the cargo transportation process, the monthly rent of the office space, or the depreciation expense of the company's trucks.

It is important to note that purely fixed costs are not affected by changes in the activity level, such as the number of cargo miles driven. Regardless of whether Rommel Trucking drives 100 cargo miles or 1000 cargo miles, these costs will remain the same.

I hope this helps! Let me know if you have any further questions.

To know more about Purely fixed costs here :

https://brainly.com/question/15993487

#SPJ11

Quantitative easing is an example of expansionary monetary policy where the central bank purchases longer-term assets that are not normally purchased from commercial banks.

Quantitative easing (QE) is a monetary policy where a central bank purchases securities, typically longer-term government bonds, from commercial banks and other financial institutions, in order to increase the supply of money and reduce interest rates. This results in an increase in the money supply, which makes it easier for consumers and businesses to borrow money in order to increase spending, which in turn, can help stimulate economic growth.

This is an example of expansionary monetary policy as it helps to expand the money supply. When interest rates are low, banks are more willing to lend, which can lead to increased spending by businesses and consumers. This increased spending can help to stimulate economic growth. Therefore, the central bank purchases longer-term assets that are not normally purchased from commercial banks in order to expand the money supply and increase economic activity.

Learn more about Quantitative easing (QE): https://brainly.com/question/32569162

#SPJ11

Lobbying is the act of attempting to influence decisions made by government officials. It can be a significant tool for organizations to achieve their goals. This is why many non-profit organizations engage in lobbying activities to affect policies and decisions that are pertinent to their objectives and missions.

However, non-profit organizations must be careful when it comes to lobbying activities as the IRS rules state that a non-profit organization cannot participate in any political activity that could potentially support or oppose any particular candidate for public office, or take part in campaigns for or against a political party in any way

The IRS rules for 501(c)(3)s state that non-profit organizations can engage in lobbying activities as long as it is not their primary activity.

It comes to non-profit organizations and lobbying, the IRS rules state that organizations can engage in lobbying activities as long as it is not their primary activity. The IRS has also placed limits on how much a non-profit organization can spend on lobbying activities. According to the IRS rules, no more than 20% of a non-profit's budget can be used for lobbying activities in any given year. This is referred to as the "expenditure test."

In conclusion, lobbying is an essential tool for non-profit organizations to achieve their goals and influence policy decisions. However, non-profit organizations must be careful when it comes to lobbying activities, as the IRS rules prohibit any political activity that could potentially support or oppose any particular candidate for public office. Instead, non-profits can engage in direct or grassroots lobbying, provided that it is not their primary activity, and they do not exceed the expenditure test limit of 20% of their budget for lobbying activities.

To know more about attempting visit :

https://brainly.com/question/32161947

#SPJ11

Financing is one of the major challenges faced by new businesses. However, there are various types of financing that new businesses can obtain to fund their startup. These financing options may include personal savings, loans, grants, venture capital, angel investment, and crowdfunding among others.

Despite these financing options being available, new businesses are not usually able to obtain some types of financing due to various reasons.
For instance, new businesses are not usually able to get conventional bank loans since banks are wary of lending to untested business ventures that have no credit history. Additionally, banks require borrowers to provide collateral or assets as security for the loan which is difficult for new businesses since they have not yet built their asset base. Startups that have been in existence for less than two years are also not likely to qualify for venture capital financing since investors are looking for businesses with a track record of generating revenue and profit.
In conclusion, new businesses are not usually able to get other types of financing such as traditional bank loans and venture capital financing because they lack the credit history, assets, and the track record required by lenders and investors. Therefore, entrepreneurs should explore alternative financing options such as grants, crowdfunding, and personal savings to fund their startup.

To know more about Financing visit:
https://brainly.com/question/10024737
#SPJ11

In the 21st century, ethics is critical to successful strategic planning. Below are some of the reasons why ethics is critical to successful strategic planning: Ethics sets the tone for decision making: Ethical values and principles establish the tone and context for decision-making in strategic planning.

They also assist leaders in maintaining their principles and ensuring that their behaviour aligns with their organization's objectives. Ethical considerations should be a part of strategic planning discussions, as they can help establish a shared vision and guide decision-making.Corporate social responsibility is enhanced: Corporate social responsibility is a significant aspect of successful strategic planning in the 21st century. The focus on sustainability, responsibility, and environmental protection is one example. These responsibilities are critical to the long-term success of businesses in the 21st century, which rely on the support of their stakeholders, such as employees, consumers, and investors. Ethics helps businesses to balance their social responsibilities with their corporate objectives.Business risk is reduced: Ethical considerations can be a critical factor in assessing risk in strategic planning. Leaders who value ethical considerations when making decisions are more likely to be proactive in addressing the risks that they identify. Ethical considerations are also useful in crisis management and can assist companies in navigating through difficult times.Stronger organizational culture is developed: Organizations that place a strong emphasis on ethics have a better chance of developing a positive culture, which is critical to success in the 21st century. A strong ethical culture can enhance employee engagement, reduce turnover, and boost productivity.

To know more about Ethics visit:

https://brainly.com/question/26273329

#SPJ11

A. Manager in charge of a business unit The data owner is typically described as someone who is ultimately responsible for the protection of the data, financially liable for the loss of the data, and ultimately responsible for the use of the data.

The data owner is not necessarily limited to being a manager in charge of a business unit. It can be an individual or a team designated with the responsibility of managing and safeguarding the data assets of an organization. The data owner ensures that appropriate data governance policies, procedures, and controls are in place to protect the data, comply with regulations, and make informed decisions regarding the use of the data. A business unit is a distinct division or department within a larger organization that operates semi-independently and focuses on specific business functions or activities. It is typically responsible for managing a set of products, services, or markets. Business units often have their own dedicated resources, budgets, and objectives aligned with the overall goals of the organization. They have a level of autonomy to make decisions and execute strategies within their assigned area. Business units are commonly structured based on product lines, geographic regions, or customer segments, allowing for specialization, targeted marketing, and efficient resource allocation. Effective coordination and collaboration between business units are vital for overall organizational success.

Learn more about business unit here:

https://brainly.com/question/31359408

#SPJ11

Imagine a bank that offers 8% annual earnings on savings accounts.As an avid saver, you decide to put $40 in your savings account every month.

The p₆ = $52.03 (rounded off to the nearest cent). Hence, the value of p₆ is $52.03.

To calculate the value of p₆, which represents the amount in the savings account after six months, we can use the compound interest formula. Let's break down the calculation step by step:

Given:

- Initial deposit (P) = $50

- Annual interest rate (r) = 8% = 0.08

- Monthly interest rate (R) = r/12 = 0.08/12 = 0.00667 (0.667%)

- Number of times compounded in a year (n) = 12

- Total time for six months (t) = 6/12 = 0.5 years

To calculate the compound interest for the first month:

P(1 + R)^nt = $50(1 + 0.00667)^1 = $50.33 (rounded off to the nearest cent)

For the second month:

New principal = P + compound interest from the first month = $50 + $0.33 = $50.33

Compound interest = P(1 + R)^nt - P = $50.33(1 + 0.00667)^1 - $50 = $0.33

For the third month:

New principal = $50.33 + $0.33 = $50.67

Compound interest = P(1 + R)^nt - P = $50.67(1 + 0.00667)^1 - $50.33 = $0.34

For the fourth month:

New principal = $50.67 + $0.34 = $51.01

Compound interest = P(1 + R)^nt - P = $51.01(1 + 0.00667)^1 - $50.67 = $0.34

For the fifth month:

New principal = $51.01 + $0.34 = $51.35

Compound interest = P(1 + R)^nt - P = $51.35(1 + 0.00667)^1 - $51.01 = $0.34

For the sixth month:

New principal = $51.35 + $0.34 = $51.69

Compound interest = P(1 + R)^nt - P = $51.69(1 + 0.00667)^1 - $51.35 = $0.34

Learn more about annual

https://brainly.com/question/25842992

#SPJ11