Answer:
-1.10526
Explanation:
The computation of the price elasticity of demand is shown below:
Price elasticity of demand is
= (Change in quantity demanded ÷ average of quantity demanded) ÷ (Change in price ÷ average of price)
where,
q1 = 5
q2 = 4.5
p1 = $2
p2 = $2.2
So,
= {(4.5 - 5) ÷ (4.5 + 5) ÷ 2} ÷ {(2.2 - 2) ÷ (2.2 + 2) ÷ 2 }
= {-0.5 ÷ 4.75 } ÷ {0.2 ÷ 2.1 }
= -0.10526 ÷ 0.0952
= -1.10526
You borrow $10,000 today at a nominal rate of 5%; inflation for the past 10 years has been exactly 2%. Today, inflation instantly rises to 7% and stays that way for the duration of your loan. Based on the above information, ceteris paribus (all else equal), today: Group of answer choices
Here is the answer choice to the question
a. the real rate of interest on your loan is 14%.
b. the real rate of interest on your loan was previously 10% and is now 35%.
c. the real rate of interest on your loan is now –2%.
d. you will pay the lender back exactly $9,500.
e. you will pay the lender back exactly $10,700
Answer:
C. the real interest rate on your loan is now -2%
Explanation:
The real interest rate of can be gotten by subtracting the nominal interest rate from the inflation rate from nominal interest rate
Inflation rate = 7%
Nominal interest rate= 5%
= 5 percent - 7 percent
= -2%
The real interest rate can be defined as the rate of interest an investor, saver or lender is going to receive after they have allowed for inflation.
Question Mode Multiple Choice Question Preferred stockholders: Multiple choice question. have the right to receive dividends only if there are enough dividends to pay the common stockholders too. must receive dividends every year. must receive more dividends per share than the common stockholders. have the right to receive dividends only in the years the board of directors declares dividends.
Answer:
d. have the right to receive dividends only in the years the board of directors declares dividends.
Explanation:
Preferred shareholders have the right to receive dividends in the priority to the common shareholders of the company unit. In other words, if there is sufficient funds with the company to declare dividends both to preferred and common shareholders, then in that case, preferred shareholders will be entitled the right to receive dividends first, and remaining amount will be distributed to common shareholders. Only that, they have this right only when the board of directors declares dividends.
The following information is available for Silver Company for the three months ended March 31, 2019:
Merchandise inventory, January 1,
2013 $900,000
Purchases 34,00,000
Freight-in 2,00,000
Sales 48,00,000
The gross margin recorded was 25% of sales. What should be the merchandise inventory at March 31, 2019?
a. $700,000
b. $1,125,000
c. $900,000
d. $1,200,000
Answer:
c. $900,000
Explanation:
The ending inventory is calculated as;
Beginning inventory
$900,000
Add: Purchases
$3,400,000
Add: Freight in
$200,000
Total purchase Balance
$3,600,000
Cost of goods available
$4,500,000
Less: Cost of (goods estimated)
($3,600,000)
Ending inventory
$900,000
Therefore, the merchandise inventory at March 31, 2019 is $900,000
Why does the adoption of new technology tend to increase supply?
Answer:
New technology allows firms to produce at a lower cost. As a result, as firms adopt a new technology, their cost curves shift downward. Market supply increases, and the market supply curve shifts rightward. With a given demand, the quantity produced increases and the price falls.
A stock had returns of 18.58%, -5.58%, and 20.81% for the past three years. What is the variance of returns?
Answer:
Variance = 0.02141851
Explanation:
We first calculate the mean for the stocks
Mean = (0.1858 - 0.0558 + 0.2081) / 3
Mean = 0.3381 / 3
Mean = 0.1127
Variance = [(0.1858 - 0.1127)^2 + (- 0.0558 - 0.1127)^2 + (0.2081 - 0.1127)^2] / 3 -1
Variance = [0.0731^2 + (-0.1685^2) + 0.0954^2] / 2
Variance = 0.00534361 + 0.02839225 + 0.00910116 / 2
Variance = 0.04283702 / 2
Variance = 0.02141851
The variance of returns is 0.02141851
Zara collects massive amounts of data on its SKUs, orders, sales patterns, store inventories, and other variables. This information is stored in a(n)
Answer: D. data warehouse.
Explanation:
A Data warehouse is to data what money is to banks. Here, the data that a company has gathered from its many sources will be stored for easier access.
This data can then be analysed and reported sometimes with relation to one another in such a way that detailed reports are created and better decisions made.
Zara is most likely using a data warehouse to store the massive amounts of data collected from all the listed sources.
You purchase a $325,000 town home and you pay 25% down. You obtain a 30-year fixed-rate mortgage with an annual interest rate of 5.75%. After 5 years you refinance the mortgage for 25 years at a 5.1% annual interest rate. After you refinance, what is the new monthly payment (to the nearest dollar)?
A. $1,422
B. $1,401
C. $1,366
D. $1,335
E. $1,296
Answer:
Option D ($1335) is the right answer.
Explanation:
Step 1:[tex]PV=325000\times (1-25 \ percent)\\[/tex]
[tex]N=30\times 12\\[/tex]
[tex]\frac{I}{Y} =\frac{5.75 \ percent}{12} \\[/tex]
[tex]FV=0\\[/tex]
[tex]CPT \ PMT=$1,422.46\\[/tex]
Step 2:[tex]PMT=1422.46[/tex]
[tex]PV=-325000\timse (1-25 \ percent)[/tex]
[tex]\frac{I}{Y} =\frac{5.75 \ percent}{12}[/tex]
[tex]N=12\times 5[/tex]
[tex]CPT \ FV=$226,107.75[/tex]
Step 3:[tex]PV=-226107.75[/tex]
[tex]\frac{I}{Y} =\frac{5.1 \ percent}{12}[/tex]
[tex]N=12\times 25[/tex]
[tex]FV=0[/tex]
[tex]CPT \ PMT=$1,335.01[/tex]
The other options offered aren't really relevant to the scenario presented. So, the solution here is just the right one.
Southeast Airline had retained earnings of $1.5 million, sales of $5 million and net income of $0.5 million this year. It also paid dividends of $0.2 million this year. If the sales is projected to increase by 20% next year, what is the projected retained earnings for next year?
Answer:
$1.86 million
Explanation:
Given the above data, we can calculate the retained earning for next year to be;
Retained earning this year end = $1.5 million retained earning at the beginning + $0.5 million net income - $0.2 million dividends
= $1.8 million
June Corp. sells one product and uses a perpetual inventory system. The beginning inventory consisted of 100 units that cost $20 per unit. During the current month, the company purchased 580 units at $20 each. Sales during the month totaled 450 units for $43 each. What is the number of units in the ending inventory?
Answer:
Ending inventory in units= 230
Explanation:
Giving the following information:
Beginning inventory= 100 units
Purchases= 580 units
Sales during the month totaled 450 units
To calculate the ending inventory in units, we need to use the following formula:
Ending inventory in units= total units - units sold
Ending inventory in units= 680 - 450
Ending inventory in units= 230
1. Why do you think that there’s a huge gap in theory (what we know we should do) and practice (what we’re actually doing) of leadership development?
2. What are some reasons that companies might not be addressing Gen Y leadership development programs?
Answer:
1. Theories are based on assumptions. It is practice that verifies the underlying assumptions behind every theory, using real-life experiences. If theories are not put to use, they remain theories with untested assumptions.
2. The current leadership does not understand the millennials. The millennials are operating with tools that look too sophisticated for the current leadership. There is much confusion between what the Gen Y millennials want to achieve and the expected achievement targets being set by the current leadership. Leadership development programs for the Gen Y can only be implemented when misunderstanding is removed.
Explanation:
Leadership development includes all the processes that expand the capacities of individuals to perform in leadership positions by facilitating the execution of a company's strategy, building alignments, and winning mindsets while growing the capabilities of others to succeed the current leaders.
There is a more gap between the theory and the practice because the theories are totally based on the assumptions whereas the practice is fully depending on the theory.
Why there is a gap between theory and practice?(1).
There is a huge gap in theory and practice in the leadership style because the theories are established or fully founded on assumptions.
But in the practice, it confirms the implicit premises or assumptions behind every theory by using real experiences of life.
Its theories are not taken place, then the practice is also not works.
(2).
The cutting-edge management does now no longer recognize the time period.
The time period is run away with power train, that visual aspect too state-of-the-art for the cutting-edge management.
Leadership improvement packages for the Gen Y can handiest be carried out whilst false impression is removed.
There is a lot of confusion among what the Gen Y millennials need to accomplish, and the expected fulfillment targets being set through the cutting-edge management.
Therefore, there are the difference between the theory and practice.
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Select the benefits of mentoring goal process PLS HELP ASAP
Answer:
Mentoring relationships can result in the following:
Increased knowledge transfer.
Job satisfaction.
Smart succession planning.
Development of leadership skills.
Motivation for professional development and accountability.
Achievement of goals and objectives.
Stronger internal networks.
Increased teamwork.
Explanation:
International trade specialists that buy goods at a discount from a small businesses and resell them abroad are called
A. commission house brokers
B. exporting trade companies
C. business trade unions
D. domestic channel companies
Answer: B. exporting trade companies
Explanation:
Trade unions are the organisations that are out in place so as to protect the interest of workers. They negotiate for better wages and salaries, provide job security, and seek better working conditions for their workers.
Export trading company is simply referred to as an independent company that helps in the provision of support services to the companies that are involved in the exportation of goods and services.
Commission house brokers is simply an individual who helps in representing people who have properties.
Therefore, the answer is exporting trade companies.
Who owns the factors of production in a planned economy?
A.
Individuals
B.
Nobody
C.
The church
D.
The government
Answer:
D.
Explanation:
Under a command economy, governments own the factors of production. This is also sometimes referred to as a planned economy. (I like to call it a command economy, but it's the same thing.)
The interest yields on U.S. Treasury securities in early 2009 fell to very low levels as a result of the combined events surrounding the global financial crisis. Calculate the simple and annualized yields for the 3-month and 6-month Tresury bills auctioned on March 9, 2009, listed here.
3-Months T-bills 6- Months T- bills
Treasury bill, face value $10,000 $10,000
Price at sale 9993.93 9976.74
Discount 6.07 23.07
Answer and Explanation:
The computation is shown below:
For three months
Simple yield is
= Discount ÷ Price at sale
= 6.07 ÷ 9993.93
= 0.0607%
And, the annualized yield is
= 0.0607% ÷ 3 × 12
= 0.2428%
For 6 months
= Discount ÷ Price at sale
= 23.07 ÷ 9976.74
= 0.2312%
And, the annualized yield is
= 0.2312% ÷ 6 × 12
= 0.4625%
If a company has $10,000 in Cash, $2,000 in Accounts Receivable, $100,000 in Building and Land, $30,000 in Accounts Payable, and $20,000 in Notes Payable, how much is the business worth or what is its equity?
Answer:
the business is worth 162000
Explanation:
I added all of the stuff up to create a number have a nice day please
If a company has $10,000 in Cash, $2,000 in Accounts Receivable. The business worth and its equity is equal to $62,000.
What is the term Equity about?
Stockholders' equity, also referred to as shareholders' equity, it is the remaining amount of assets available to shareholders after all liabilities have been paid.
Given Information:
Cash=$10,000Accounts receivable=$2,000Building and land=$100,000Accounts payable=$30,000Notes payable=$20,000Solution:
Equity=Total assets- Total liabilities
Equity=$10,000+$2,000+$100,000-$30,000-$20,000
Equity=$62,000
Hence, the equity of a company is equal to $62,000.
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Kitchel told Parker that he needed a couple of weeks to think about his proposal. How should Parker handle this
Answer: Parker should close the deal quickly
Explanation:
Giving Kitchel so much time to go over the proposal is not ideal because in that time events could happen that would ensure Kitchel stayed with their current supplier such as the current supplier finding out and offering better terms thereby enticing Kitchel to stay.
It is imperative therefore that Parker close the deal as quickly as possible. He can do this by offering time conscious incentives that require that Kitchel order fast, he could even go meet Kitchel in person and press his claim and even hit hard at the weakness of Richmond's current supplier by stating that he would deliver things ahead of schedule.
WHAT IS IT?
1.it can be use as thickening agent or as a weak glue
3.a food spread made from dry roasted peanuts
Answer:
I believe its Peanut Butter.
A manager wishes to build a 3-sigma range chart for a process. The sample size is five, the mean of sample means is 16.01, and the average range is 5.3. What are the UCL and LCL, respectively, for this range chart?
a. 33.9 and 11.2
b. 6.3 and 0
c. 11.2 and 0
d. 33.9 and 0
Answer:
c. 11.2 and 0
Explanation:
The computation of the upper control limit and the lower control limit is shown below:
Average Range = R = 5.3
Now
The Upper control Limit is
= D4 × R
= 2.115 × 5.3
= 11.2095
And,
The Lower control limit is
= D3 × R
= 0 × 5.3
= 0
Hence, the correct answer is Option C i.e. 11.2 and 0
The only business that is directly protected by the U.S. Constitution (in the First Amendment) is:_______
a. interest group lobbying.
b. health care.
c. polling.
d. the press (the news media).
e. software development.
Answer:
d. the press (the news media).
Explanation:
The only business protected by the First Amendment is the press (the news media). The other aspects protected by the First Amendments are human rights and not a business. The press is protected because they serve as countrywide investigators to uncover the truth and inform the people, this also includes the truth of any government actions, scandals, or secrets being held from the public eye. This is because in a democracy the government is accountable for the people and not the other way around.
When dealing with tangible products, consistency is usually measured in terms of:_____.
A. Features.
B. Attributes.
C. Systems.
D. Defects.
Answer:
D. Defects
Explanation:
In order to meet the unending needs and wants of consumers, to satisfactorily provide products that meets their requirements, tastes or preferences various manufacturing companies use five (5) main methods of production, and these are; labour-intensive production, mass production, batch production, capital-intensive production and job production.
Generally in Economics, the question of how goods are produced, determines how resources are combined in the production of goods.
This ultimately implies that, before a manufacturer produce its goods it determines the amount of resources that are available. These resources that are to be combined for the purpose of production of goods are entrepreneur, land, labor, and capital, which are generally referred to as the four (4) factors of production.
A tangible product refers to any product that can be physically touched by the end users or consumers such as electronic gadgets, bread, furniture, cooking utensils, etc.
When dealing with tangible products, consistency is usually measured in terms of defects. Any goods (products) manufactured by a company that is consistently devoid of defects such as broken parts or missing parts is generally considered to be of high quality and as such consumers would feel safe to use or buy such tangible products at all times.
Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The remodeling costs are estimated at $3.4 million. If the building is remodeled, Heartland Insurance has agreed to pay an additional $820,000 a year in rent for the next 5 years. The discount rate is 15 percent. What is the benefit of the remodeling project to Professional Properties? A) -$651,233 B) -$489,072 C) $5,214 D) $128,399 E) $311,417
Answer:
A) -$651,233
Explanation:
The computation of the benefit generated of the remodelling project is shown below:
If we considered the discounted rate i.e. 15% for 5 years of $820,000 so its present value would be $2,748,767 ($820,000 × 3.3521)
And, the predicted cost is $3,400,000
So here the cost is there instead of the benefit of
= $2,748,767 - $3,400,000
= -$651,233
Hence, the correct option is A
QUESTION 22 In a competitive market, A. no single buyer or seller can influence the price of the product. B. there are only a small number of sellers. C. the goods offered by the different sellers are unique. D. accounting profit is driven to zero as firms freely enter and exit the market.
Answer:
A
Explanation:
In a competitive market there are no single buyer or seller that can influence the price of the product.
Such a market has numerous producers who compete with each other to provide goods and services. Not one producer can influence the market prices by increasing his output or by decreasing it.
Same goes for the consumer. One consumer can not influence the prices either.
According to the video, what is the main purpose of Insurance Underwriters’ work?
to protect insurance companies
to investigate insurance claims
to sell insurance policies
to advise individual investors
Answer:
A
Explanation:
just did it lol
Answer:
A. to protect insurance companies
Explanation: Just got done on edge
If You-Will-Never-Pay-It-Off Loan Company lends you $50 on Monday, and you have to pay $60 after a week, what nominal rate of interest (APR) are they charging
Answer:
the annual percentage rate is 1040%
Explanation:
The computation of the nominal rate of interest is shown below:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
$60 = $50 × (1 + rate of interest)^1
1 + rate of interest = ($60 ÷ $50)
rate of interest is
= (1.2- 1 ) × 100
= 20%
Now the annual percentage rate is
= 20% × 52
= 1040%
hence, the annual percentage rate is 1040%
One of the draw backs of the profitablity index as a criteria for judging whether to accept a capital investment project is that:_______
Answer:
It might lead to over-optimistic projections
Explanation:
In simple words, the problem with using profitability index as the index criteria lies with the procedure of estimating it. In order to consider the business situation, the organisational finance group requires to settle with the corporation supervisors.
Leadership may be too enthusiastic about their assignment, so forecasts for cash flow may be too substantial. Consequently, in predicting the profitability index, there may be an uptrend prejudice.
How can parties that have unequal bargaining power negotiate meaningfully,
without one party taking advantage of the other?
Answer:
Through Collaborative bargaining
Explanation:
Parties that have an unequal bargaining power can negotiate meaningfully, without one party taking advantage of the other through the method known as collaborative bargaining. In collaborative bargaining, both the involved parties listen to each other’s claims and issues and then collaborate to come to a consensus. There is transparency in the overall bargaining process and hence there is very less probability that one party is taking advantage of the other party.
Suppose the interest rate on your car loan is 19.00% and the inflation rate is 18.00%. Calculate the real interest rate
Answer:
1%
Explanation:
The real interest rate is the interest rate adjusted for inflation. It is the rate after accounting for inflation. The real interest rate is the difference between the inflation rate from the quoted(nominal )interest rate.
real interest rate = quoted interest rate - inflation rate
=19% - 18%
=1%
The manager of Lawn and Garden Services would like to estimate the proportion of her employees' time spent performing various gardening and lawn care activities. She has made 400 random observations of a typical worker, with the following results:
Activity Time Observed
Mowing 200
Trimming 80
Raking 40
Miscellaneous 80
What is the probability that the true proportion of time spent mowing is exactly equal to the sample proportion?
a) 1
b) 0
c) .5
d) .2
e) 1
Answer:
b) 0
Explanation:
In this case, the manager observed that a worker spent 50% of his/her time mowing the garden, but in case this is correct, it would only apply to this worker. She would need to collect data and analyze it from a much larger sample which includes other workers in order to determine if this proportion applies to whole group. You cannot infer a conclusion based on a limited amount of data collected from just one subject. The methodology is incorrect.
The four people below have the following investments. Invested Amount Interest Rate Compounding Jerry $ 11,400 12 % Quarterly Elaine 14,400 6 Semiannually George 21,400 8 Annually Kramer 17,400 10 Annually Required: 1-a. Calculate the future value at the end of five years
Answer:
Jerry
$20,589.67
Elaine
$19,352.40
George
$31,443.62
Kramer
$28,022.87
Explanation:
Use following formula to calculate the future value
FV = PV ( 1 + r )^n
Where
PV = Present value = Investment
FV = Future value = ?
r = interest rate per compounding period
n= numbers of compounding periods
Jerry
PV = $11,400
r = 12% x 3/12 = 3%
n = 5 years x 12/4 = 20 periods
Placing values in the formula
FV = $11,400 x ( 1 + 3% )^20
FV = $20,589.67
Elaine
PV = $14,400
r = 6% x 6/12 = 3%
n = 5 years x 12/6 = 10 periods
Placing values in the formula
FV = $14,400 x ( 1 + 3% )^10
FV = $19,352.40
George
PV = $21,400
r = 8%
n = 5 years
Placing values in the formula
FV = $21,400 x ( 1 + 8% )^5
FV = $31,443.62
Kramer
17,400 10 Annually
PV = $17,400
r = 10%
n = 5 years
Placing values in the formula
FV = $17,400 x ( 1 + 10% )^5
FV = $28,022.87
The future values of the investments are computed as follows:
Invested Amount Interest Rate Compounding Future Value
Jerry $ 11,400 12% Quarterly $20,589.67
Elaine 14,400 6% Semiannually $19,352.40
George 21,400 8% Annually $31,443.62
Kramer 17,400 10% Annually $28,022.87
Data and Calculations:
Jerry:
N (# of periods) = 20 (5 x 4)
I/Y (Interest per year) = 12%
PV (Present Value) = $11,400
PMT (Periodic Payment) = 0
Results
Future Value = $20,589.67
Total Interest $9,189.6
Elaine:
N (# of periods) = 10 (5 x 2)
I/Y (Interest per year) = 6%
PV (Present Value) = $14,400
PMT (Periodic Payment) = 0
Results
Future Value = $19,352.40
Total Interest = $4,952.40
George:
N (# of periods) = 5 years
I/Y (Interest per year) = 8%
PV (Present Value) = $21,400
PMT (Periodic Payment) = 0
Results
Future Value = $31,443.62
Total Interest = $10,043.62
Kramer:
N (# of periods) = 5 years
I/Y (Interest per year) = 10%
PV (Present Value) = $17,400
PMT (Periodic Payment) = 0
Results
Future Value = $28,022.87
Total Interest = $10,622.87
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The year-end financial statements of Rally Company for the current year, report total revenues of $19,829 million, accounts receivable of $1,272 million at the current year-end, and $1,19 million for the prior year-end. The company's accounts receivable turnover for the year is:_______.
a. 18.3 times.
b. 18.9 times.
c. 19.5 times.
d. 20.0 times.
e. none of these are correct.
Answer:
16.1 times
Explanation:
Calculation for the company's accounts receivable turnover for the year
Using this formula
Accounts Recievable Turnover = Total Revenues/Average accounts receivables
Let plug in the formula
Accounts Receivable Turnover = $19,829/[($1,272+$1,198)/2]
Accounts Receivable Turnover =$19,829/$1,235
Accounts Receivable Turnover = 16.1 times
Therefore The company's accounts receivable turnover for the year is: 16.1 times