True. When diminishing returns begin to take effect, stage I comes to a close and stage II begins. This is due to the marginal product declining as a result of decreasing returns.
When does production reach a point of diminishing returns?At the end of this process, the product has reached its maximum value, at which point the marginal product is zero. The point in this stage where production is at its best. After this point, if the variable factor is added in more units, the overall output will start to decrease.
When does the stage of declining returns come to an end?Stage 2
As a result, this phase is referred to as the phase of declining returns. When the total product reaches its maximum value and the marginal product reaches zero, this stage is complete.
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suppose that you purchase goog at $1325 per share and purchase a put to protect your position with a strike price of $1275 per share for $26. what is the breakeven stock price for this position (option and stock)?
The breakeven stock price for this position.Breakeven price is equal to the purchase price plus the interest that would have been earned on the amount invested.Breakeven price is equal to 23 plus (23*e0.05*1/2) - 23. Breakeven price is equal to 23 + 0.5822477721.
Profit = Selling price - Breakeven price Profit = $23.80 - $23.5822477721 Profit = $0.2177522279 per share. Breakeven price =$23.5822477721.Under a put option, we were entitled to the difference between the strike price and a price below the strike price (stock price at expiry). The price below the strike price up to which the cost of the approach would have been recouped will serve as our breakeven stock price below which the trader makes a profit. 35 b, 350f stock price at which the trader will begin to benefit. Below the breakeven stock price, a trader makes money. $20 Practicing.The cost of the approach for the trader who purchases two call options and one put option is $$$2*$ call premium. "$ premium on the put option" plus one $$\s= 2* $3 + 1 * $4\s-6-+4\s=$10.The calculation of the break-even stock price follows. Cost of plan = number of Put choice x. (Strike price - Break even Stock price).$30 - Breakeven Stock Price = $10 = 1 times.
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You own an ice cream store and are concerned that an employee may be giving generous scoops to friends and family and smaller scoops to some other customers. This may be reducing sales. In this example, you are the
Based on the story above, we are the example of principal. In other side, the employee is the example of agent.
In economic and business, marketing generally can be defined as the activity, processes for creating, set of institutions, communicating, delivering, and exchanging offerings that have value for partners, customers, clients, and society at large. There are several key point in marketing, there are product, price, place, and promotion. In the other side, there are several types of marketing, such as sales promotion and brand marketing. In the marketing also there are seller, employee, and buyers.
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if market risk premium is 8%, risk free rate is 5%, and the standard deviation of the market portfolio is 14.2%, what is the slope of the capital market line?
If the market risk premium is 8%, the risk-free rate is 5%, and the standard deviation of the market portfolio is 14.2%, the slope of the capital market line will be a little bit bent.
What is the Capital market line?The capital market line is indeed the tangent line that is traced from the risk-free asset's point to the area where risky assets are practicable. Since all rational investors should hold their hazardous assets at the same proportions as their weights inside the market portfolio, the tangency point M stands for the market portfolio.
The capital market line (CML) shows portfolios that balance risk and return in the best possible way. It is a philosophical concept that shows all the portfolios that combine the market's hazardous asset portfolio and the risk-free return rate in the best way possible.
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eneration x consumers are multiple choice likely to rely on others. authoritative decision makers. very prone to extravagance. generally supportive of racial and ethnic diversity. poorly educated.
Generation X consumers are generally supportive of racial and ethnic diversity.
Generation X is the demographic cohort after Baby Boomers and before Millennials. Academics and popular media use the mid to late 1960s as the first birth year and the late 1970s to early 1980s as the last birth year, with generations generally being born between 1965 and 1980. defined as a generation.
Harvard University defines Generation X as those born between 1969 and 1984. Using this definition and U.S. Census data, as of 2019, he has 65.2 million Generation Xers in the United States. As a child in the 1970s and 1980s, a time when social values changed, Generation X was sometimes called the Key Generation.
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question content area using the data below for the ace guitar company: a region b region sales $568,000 $852,000 cost of goods sold 215,800 323,800 selling expenses 136,300 204,500 support department expenses: purchasing $238,600 payroll accounting 159,000 allocate support department expenses proportional to the sales of each region. determine the divisional operating income for the a and b regions. for interim calculations, round percentages to two decimal places and all other amounts to the nearest whole dollar.
A Region Operating Income $
B Region Operating Income $
A Region Operating Income $85140
B Region Operating Income $56860
Region A
% of sales allocation = sales/sales of both regions
= 852000/ 852000 + 568000
= 60%
Allocation of the service department expense
= % of the sale allocation × (purchaning + payroll )
= 60% × (238600 + 159000)
= 238560
operating income = sales - csgs - selling expense - Allocation of the service department expense
= 852000 - 323800 - 204500 - 238560
= 85140
Region B
% of sales allocation = 568000/ 852000 + 568000
= 40%
Allocation of the service department expense
= % of the sale allocation × (purchaning + payroll )
= 40% × (238600 + 159000)
= 159040
operating income = sales - csgs - selling expense - Allocation of the service department expense
= 568000 - 215800 - 136300 - 159040
= 56860
Working earnings refers back to the adjusted sales of a employer in the end expenses of operation and depreciation are subtracted. fees of operation or working expenses are virtually the fees incurred so one can keep the commercial enterprise running.
It's a metric that allows you to see your enterprise's profitability in case you only account for everyday operating expenses. that is why running earnings is likewise known as working profit or income earlier than interest and taxes (EBIT) as it does not account for taxes or hobby expenses.
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lakeview, inc.'s statement of cash flows reports financing activities with payments that exceed receipts. this means that lakeview had a net cash
The cash flow statement for Lakeview, Inc. lists financing activities where payments exceed receipts. This indicates that Lakeview's financing-related actions resulted in a net cash outflow.
How do cash flows work?
The net figure of cash flows coming into and going out of a business is referred to as cash flow. Money spent or money received represent inflows and outflows, etc.
What kind of cash flow is this, exactly?
Spending that occurs in the normal course of business is included in cash flow from operations. Payroll, the cost of items sold, rent, and utility bills are a few examples of the these cash outflows. If business operations are very seasonal, cash outflows might vary greatly.
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Exempting things such as groceries and clothing from sales tax is an attempt by states to make sale tax less ______.
Exempting things such as groceries and clothing from sales tax is an attempt by states to make sale tax less: Regressive.
Regression is a protective psychological reaction to some unwanted urges. Nodal regression is the migration of an object's nodes inside their orbit along a different path than the object itself.
The action of returning to a former territory or kingdom; reversion. retrogression; going backward. Biology. return to a common or standard kind, a former or less developed nation, or a form. The word "Regressive" derives from the Latin word "regresses," which means to return (to something). In this respect, regression is the technique that enables "to head back" from disorganized, challenging data to a more understandable and significant model.
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he percentage of customers who click on an ad or link of interest to them is called: a) the click through rate b) a hit c) a pageview d) the conversion rate e) the cpm
The correct response is a)The click through rate. The click through rate is the proportion of users who click on relevant ads or links.
The relative magnitude or extent; ratio; the relationship between several entities or components in terms of comparative size, number, or degree. the right or ideal relationship between components of a whole; symmetry or balance. When determining if two ratios or fractions are equivalent, the proportion formula is utilized. By dividing the supplied values, we may determine the missing value. One way to express the percentage formula is as a: Whereas a and d are the extreme terms and b and c are the mean terms, a: b::c : d = a/b = c/d. One of the most well-known examples of proportion in art is often referred to as the "Golden Ratio," "Divine Section," or "Golden Proportion," among other terms.
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in 1973, the major oil-producing nations of the world declared an oil embargo. the price of oil, a key source of energy, increased. this led to widespread inflation as costs of production increased steeply. the resulting fall in gdp and employment led the united states into a recession. which of the business cycle theories explained in the chapter would best fit this explanation of the 1970s recession?
The resulting fall in gdp and employment led the united states into a recession. The real business cycle theories explained in the chapter would best fit this explanation of the 1970s recession.
Gross domestic product is a financial degree of the market fee of all of the final items and services produced and offered in a selected time period by means of nations. because of its complicated and subjective nature this degree is frequently revised before being taken into consideration a reliable indicator.
GDP measures the financial value of final items and services—this is, the ones which might be offered by using the final consumer—produced in a rustic in a given time period (say a quarter or a year). It counts all of the output generated inside the borders of a country.
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Salt Foods purchases forty $1,000,7%, 10-year bonds issued by Pretzelmania, Incorporated, for $42,975 on January 1 . The market interest rate for bonds of similar risk and maturity is 6%. Salt Foods receives interest semiannually on June 30 and December 31 . 1. \& 2. Record the necessary entries regarding the bonds. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole number.) Journal entry worksheet Record the investment in bonds. Note: Enter debits before rredits.
The journal entry will be Cash dr. $1,400 To Investment (difference) $111 To Interest Revenue $1,289
Let's understand the transactions that occur when the investment is made in order to record Salt Foods' investment in Pretzelmania's bonds and the recipe for the first interest payment on June 30.
The following transactions take place when a firm buys bonds from another company: The value of the investment is added to the investment account. Investments are assets, thus there will be a debit because of that.
The value of the investment reduces cash. Cash is a resource, hence a credit will be noted.
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galaxy industries buys back 600,000 shares of its stock from investors at $45 a share. two years later it reissues this stock for $65 a share. the stock reissue would be recorded with a debit to cash for: a. $39 million and a credit to treasury stock for $39 million. b. $39 million, a credit to treasury stock for $27 million, and a credit to gain on sale of treasury stock for $12 million. c. $27 million, a debit to additional paid-in capital for $12 million, a credit to treasury stock for $27 million, and a credit to stockholders' equity for $12 million. d. $39 million, a credit to treasury stock for $27 million, and a credit to additional paid-in capital for $12 million.
The stock reissue would be recorded with a debit to cash for: $39 million, a credit to treasury stock for $27 million, and a credit to gain on sale of treasury stock for $12 million.
What separates a credit from a debit?A debit option exists in every double-entry accounting system. A debit is the complete opposite of a credit. Debits reflect money leaving an account, whereas credits show money entering it.
In a typical journal entry, all debits are declared on the top lines and all credits are stated on the line immediately below the debits. When using T-accounts, a debit is shown on the left side of the chart, and a credit is shown on the right. Debits and credits are utilized in the trial balance and adjusted trial balance to ensure that all entries balance. The total of all debits must be more than or equal to the total of all credits. Or, to put it another way, resources need to balance.
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what is a common mistake that small-business owners make when their businesses begin growing?
Answer: Not making a long-term plan before expanding.
If unemployed workers become discouraged and give up trying to find work, the number of workers employed and the unemployment rate would change in which of the following ways?
Workers employed, no change. Unemployment rate, decrease.
If unemployed workers become discouraged and give up trying to find work, the number of workers employed and the unemployment rate would decrease.
Someone's employment status will rely upon whether their agreement is: a settlement of service, ie employment (employee) a settlement for the personal performance of work (employee) a agreement for offerings (self-hired).
A worker is defined as both an employee operating underneath a settlement for Employment or a person who works beneath a contract apart from a settlement of Employment and is offering his private carrier in go back for remuneration to the company who isn't always his/her consumer or purchaser.
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discuss the general consequences of climate change on the economy. for example, what effects could climate change have on country x's employment or long-term economic growth prospects?
Svante Arrhenius was the first scientist to quantitatively predict that global warming would occur if atmospheric carbon dioxide concentration doubled in 1896.
Scientists have researched the effects of increased greenhouse gas emissions on the earth's climate for the past 125 years. Every seven years or so, the IPCC publishes assessment reports that aim to summarize the state of climate science at the time. Assessing the physical scientific underpinnings of the climate system and climate change is the goal.
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if the price per unit of product is $2 and the wage rate is $25, a profit-maximizing firm operating in competitive markets would hire:
In marketplaces where there is competition, businesses would employ four or five.
Define competitive market.A perfect market, also known as an atomistic market, is defined by a number of idealizing conditions that are collectively referred to as perfect competition, or atomistic competition, in the field of economics and more specifically general equilibrium theory.
In the field of economics, the word "profit maximizing" refers to the short- or long-term process by which a company selects the prices, input levels, and output levels that will result in the highest possible overall profit.
Profit maximization is the process by which businesses increase their profits by balancing their marginal income and marginal expense. This notion serves as the foundation for many economic theories. It exists in markets with monopolies as well as those with perfect competition.
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All of the following are operating budgets except the sales budget b. operating expenses budget e. budgeted income statement d. cash budget
All of the following are operating budgets except the cash budget.
Expense plans covers the upcoming year and deals with the real short-term income and costs required to run the facility (12-month period). A cash budget represents an estimate of a company's cash flows for a given time frame. A weekly, monthly, quarterly, or yearly budget can be the subject of this. With the help of this budget, you may determine if the company has enough cash on hand to keep running for the specified period of time.
The cash budget varies from the operational budget in that it establishes accountability and gives a numerical representation of the plan the company will use to make the projected expenditures without exhausting operating funds.
Hence the correct option is D
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a stock is riskier than the overall market and currently carries a beta of 1.6. the risk-free rate of return is 2%, and the return on the stock market is expected to be 10%. what is the required return for this stock
The required return of the stock will be equal to 14.8%.
The required return for any stock is calculated by using the CAPM model. The CAPM model refers to the Capital Asset Pricing model. This model relates the risk free rate, systematic risk premium and the required return. The formula for calculating the required return is expressed as
R = Rₓ + (Rₐ - Rₓ) × β
where R is required return, Rₓ is risk free rate, Rₐ is the return of market and β is the value of beta.
On putting the values we get,
R = 2% + (10% - 2%) × 1.6
R = 2% + 12.8%
R = 14.8%
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Anna borrows $5,000 from a bank and withdraws $1,000 from her personal savings to start a coffee shop. The interest rate is 5 percent for both the bank loan and her personal savings. Her opportunity cost of capital is $250.
a. True
b. False
Anna borrows $5,000 from a bank and withdraws $1,000 from her personal savings to start a coffee shop. The interest rate is 5 percent for both the bank loan and her personal savings. Her opportunity cost of capital is $250. False
The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate (called the principal sum). The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
The interest rate over a year is known as the annual interest rate. Other interest rates are applicable over shorter time frames, such a day or a month, but they are typically annualized.
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grey company signs a 10-year franchise agreement with doh donuts. grey (the franchisee) makes payments of $3,000 per year for the first 8 years of the franchise agreement
Grey Company signs a 10-year franchise agreement with DOH Donuts. Grey (the franchisee) makes payments of $3,000 per year for the first 8 years of the franchise agreement—a total of $24,000.
A franchise agreement, which is a binding legal document, details the terms and conditions of a franchisor for a franchisee. These terms, which are ordinarily set forth in a written agreement between the parties, govern every franchise.
The most crucial document in a franchising relationship is the franchise agreement since it frequently addresses issues such, What fees and payments is a franchisee responsible for? How long will the franchise arrangement last What privileges and limitations apply to using the trademarks and other intellectual property of the franchisor? Does the franchisee have to purchase specific tools and goods for the enterprise?
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cho receives a small monthly salary, but the bulk of her compensation comes in the form of a percentage of her sales, known as
Cho receives a small monthly salary, but the bulk of her compensation comes in the form of a percentage of her sales, known as commission.
In the field of business, a commission can be described as a percentage of the share that you get from the sale of an item. Most jobs that involve the sales of a product are commission-based rather than salary based.
For sales jobs, a percentage gets revenue for each item that he is selling. Some companies offer a small monthly salary and offer commission for sales jobs for each product of the company that is being sold by a salesperson.
Commission-based jobs are not regular jobs and have different job terms and values.
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channel length refers to the amount of time it takes for a product to move from production to the consumer. group startstrue or falsetrue, unselectedfalse, unselected
False, A product life cycle is the period of time from when it is first introduced to the market until it is discontinued.
when a business offers a product for sale at a lower price than it costs to make it?Selling below cost is a strategy used by businesses to drive away rivals and/or grow their market share by offering products at a discount to their cost of production or acquisition.
Which of the following represents the initial stage of global market research?The first phase in the marketing research process is defining the issue or the topic your study is attempting to address, which is followed by creating a plan for the study's data collection and analysis.
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The most attractive way to reduce or eliminate the impact of paying tariffs on pairs imported to a company's distribution warehouse in Europe-Africa is toThe most attractive way to reduce or eliminate the build a plant in Europe-Africa and then expand it as may be needed so that the company has sufficient capacity to supply all (or at least most) of the pairs the company intends to try to sell in that geographic region.The most attractive way to reduce or eliminate the pursue a strategy of selling fewer pairs in Europe-Africa than rival companies--this has the advantage of keeping the company's costs for import tariffs in Europe-Africa lower than those of rivals.The most attractive way to reduce or eliminate the stop selling footwear in Europe-Africa and close down all company operations in that region.The most attractive way to reduce or eliminate the pursue a strategy of selling footwear to retailers in Europe-Africa at a wholesale price of $39 per pair or less--no import tariffs have to be paid on branded pairs shipped to footwear retailers in Europe-Africa when the wholesale price is below $40 per pair.The most attractive way to reduce or eliminate the
raise the company's selling price of footwear in Europe-Africa by the full amount of the tariff and pass all tariff costs along to the purchasers of the company's footwear--this strategy has the advantage of completely eliminating the company's exposure to import tariffs in Europe-Africa.
The most attractive way to reduce or eliminate the impact of paying tariffs on pairs imported to a company's distribution warehouse in Europe-Africa is to
Answer: pursue a strategy of selling footwear to retailers in Europe-Africa at a wholesale price of $39 per pair or less--no import tariffs have to be paid on branded pairs shipped to footwear retailers in Europe-Africa when the wholesale price is below $40 per pair.
Reason: This will reduce overall cost of footwear pair and will make footwear pair cheaper in market without any investment. So market share and sales revenue of company in Europe-Africa will increase.
Other options are not viable because
1. build a plant in Europe-Africa and then expand it as may be needed so that the company has sufficient capacity to supply all (or at least most) of the pairs the company intends to try to sell in that geographic region.
Reason: It will require more capital investment and will reduce return on capital employed.
2. pursue a strategy of selling fewer pairs in Europe-Africa than rival companies--this has the advantage of keeping the company's costs for import tariffs in Europe-Africa lower than those of rivals.
Reason: This will reduce market share and sales revenue of company from Europe-Africa.
3. stop selling footwear in Europe-Africa and close down all company operations in that region.
Reason: This will reduce sales revenue and profitability of company.
4. raise the company's selling price of footwear in Europe-Africa by the full amount of the tariff and pass all tariff costs along to the purchasers of the company's footwear--this strategy has the advantage of completely eliminating the company's exposure to import tariffs in Europe-Africa.
Reason: This will make footwear pair expensive in market compared to rival companies and will reduce market share, sales revenue and profitability of company
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a publishing company pays its salespeople a weekly salary plus a 2% commission on all net sales over $5,000 (no commission on returned goods): gross sales 8000 return 25
Net sales, commision sales, total commision, and total wage is shown below:
Net sales is $7,775.Commision sales is $2,775.Total commision is $55.5.Total wage is $305.5.Based on the scenario we know that the company pay its slaespeople with a commision 2% on all net sales over $5,000. The gross sales that is founded by company is $8,000 with return $25. It requires us to fill the blank sheet, there are net sales, commision sales, total commision, and total wage.
To determine the net sales we can use the formula below:
Net sales = Gross sales - Returns
Net sales = $8,000 - $25 = $7,775
To determine the Commission sales we can use the formula below:
Commission sales = Net sales - Given quota
Commission sales = $7,775 - $5,000 = $2,775
To determine the Total commission we can use the formula below:
Total commission = Commission rate × Commission sales
Total commission = 2% x $2,775 = $55.5
To determine the Total wage we can use the formula below:
Total wage = Total commission + Regular wage
Total wage = $55.5 + $250 = $305.5
The missing table is shown in the attachment.
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with an understanding of price elasticity, sellers should know that the less elastic the demand for their product is, the more advantageous it is for them to
With an understanding of price elasticity, sellers should know that the less elastic the demand for their product is, the more advantageous it is for them to raise the price.
What's the significance here when request is less cost versatile?
A flexible interest is one in which the adjustment of amount requested because of an adjustment of cost is huge. An inelastic interest is one in which the adjustment of amount requested because of an adjustment of cost is little.
For what reason is it significant for a dealer to be aware in the event that their products are flexible or inelastic?
Versatility is a significant monetary measure, especially for the merchants of labor and products, since it shows the amount of a decent or support purchasers consume when the cost changes. At the point when an item is versatile, an adjustment of cost rapidly brings about an adjustment of the amount requested.
Why is value versatility of interest your getting it?
Value flexibility of interest is the proportion of the rate change in amount requested of an item to the rate change in cost. Financial specialists utilize it to comprehend how market interest change when an item's cost changes.
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the furniture of what designer became identified with the bauhaus in germany because it represented the mass produced products of the machine age?
Walter Gropius created the Dessau Bauhaus structure.
What is bauhaus?German architect Walter Gropius established the Bauhaus in the city of Weimar in 1919. (1883–1969). Its main goal was to reinvent the tangible world in order to express the unification of all the arts, which was a novel concept.
The school gained notoriety for its design philosophy, which aimed to combine unique artistic vision with the ideas of mass production and a focus on usability. An architect and well-known furniture designer, Marcel Breuer. Breuer, who was born in Hungary, became self-sufficient at the age of 18 and became the youngest student to enroll in the Bauhaus.
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In 2021, Southwestern Corporation completed the treasury stock transactions listed below. February March May 2: Reacquired 77,000 shares at $12.70. 17: Sold 27,000 shares at $14.35. 17: Sold 32,800 shares at 58.35. Southwestern had issued 100,000 shares of its $1 par common stock for $10 several months ago Required: Prepare the journal entries to record the above transactions, using the cost method. (If no entry is require select "No journal entry required" in the first account field.)
Applying the cost approach For February 2, the equity shares journal entry will be Bank A/c Dr. 9,77,900. A/C 9,77,900 equity share application dated March 17; address: 3,87,450 3,87,450 to Bank A/c Application for equity shares dated May 17: Dr. 2,67,200 to Bank A/c 2,67,200.
In a company's financial accounts, certain investments are recognized using the cost method of accounting. This strategy is used when an investor holds a security over which it has little or no influence, often expressed as owning less than 20% of the firm.
The cost of the investment is listed by the investor as an asset. When received, dividend income is recorded as income and shown on the income statement. Receiving a dividend also increases cash flow in both the investment and operating sections of the cash flow statement.
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macrovision hosts free internet seminars that will help businesses improve lead generation and client relationships. another name for these internet seminars are:
Another name for those internet seminars is Web Conferencing that is being hosted by Macrovision.
What does "web conference" actually mean?Web conferencing: What does that mean? Any online meeting that includes two or more participants who are in different places is referred to as web conferencing. They could be located anywhere in the world. They can see, hear, and communicate with each other in real-time using a dependable internet connection and conferencing software.
What benefits may you get from web conferencing?Since you and your clients or customers can meet online without leaving the office, web conferencing has many advantages, including time, resource, and financial savings. Due to the decreased need for travel, it is also environmentally benign.
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travis industries plans to issue perpetual preferred stock with an $11.00 dividend. the stock is currently selling for $90.50, but flotation costs will be 7% of the market price, so the net price will be $84.17 per share. what is the cost of the preferred stock, including flotation? round your answer to two decimal places.
The cost of the preferred stock of Travis Industries is $13.06
Preferred stocks are the stocks that are given some priority. Some of these preferential treatments include constant dividends, and dividends are paid before any other stockholders. The dividends payable to the holders of preferred stocks are payable on demand.
A publicly traded company incurs flotation costs when it issues new securities and pays costs like underwriting fees, legal fees, and registration fees. Businesses must take into account how these fees will affect the amount of capital they can raise from a new issue.
The cost associated with preferred stock is estimated as follows:
[tex]\text{Cost of the preferred stock}=\dfrac{\text{Annual dividends}}{\text{Current price-Flotation costs}}[/tex]
From the question,
Flotation cost is 7%*90.5
Market price=90.5
Annual dividends=$11.00
[tex]\text{Cost of the preferred stock}=\dfrac{11.00}{90.5*(1-0.07)}[/tex]
[tex]\text{Cost of the preferred stock}= $13.06[/tex]
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d. what should be the primary objective of managers? (1) do firms have any responsibilities to society at large?(2) is stock price maximization good or bad for society?(3) should firms behave ethically?
The primary objective of the manager is to please the stockholder by maximizing stockholder wealth.
The traditional definition of a manager is someone who supervises the activities of individuals. Simply put, managers supervise the activities of others in order to achieve goals. Managers in the modern workforce may be in charge of systems or specific functions that do not involve humans.
The manager's role is to achieve department objectives by managing staff, planning, and evaluating department activities. Employees are retained by recruiting, selecting, orienting, and training them. Ensures a safe, secure, and legal workplace.
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the vertical distance between points a and b represents the tax in the market. the amount of the tax on each unit of the good is
the vertical distance between points a and b represents the tax in the market. the amount of the tax on each unit of the good is $10.
What are tax?Taxes are compulsory payments made by a government agency, whether local, regional, or federal, to people or businesses. Public works and services like roads and schools, as well as programs like Social Security and Medicare, are all funded by tax revenues.
Regressive, proportional, and progressive taxation are the three main types of taxation in the US. While proportional taxes have no effect on income levels, regressive and progressive taxes have different effects on high- and low-income earners.
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