The price elasticity of demand measures the change in consumption of a product in response to a change in its price.
Describe the types of price elasticity of demand.If the price elasticity of a good is infinite, it is perfectly elastic (if demand changes substantially even with minimal price change). If the price elasticity is greater than one, the good is elastic; if it is less than one, the good is inelastic. A good is perfectly inelastic if its price elasticity is 0 (no amount of price change causes a change in demand). Unitary elasticity exists when price elasticity is exactly one (a price change causes an equal percentage change in demand). The presence of a substitute for a product influences its flexibility. If there are no good substitutes and the product is required, demand will remain constant even if the price rises, making it inelastic.
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suppose that as a project manager, you provide detailed plans and frequent project updates to both the team and stakeholders. what project management value does this represent? 1 point
The project management value stands for effective Communication that works.
The process of managing a team's efforts to complete a project on time and within budget is known as project management. Project documentation is typically created at the beginning of the development process and contains descriptions of this data. The three main limitations are scope, time, and budget.
In other words, the goal of project management is to plan and manage a project so that its stated goals and deliverables are met. It entails identifying and managing risks, as well as careful resource management, prudent budgeting, and clear communication among multiple teams and stakeholders.
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wright market research is able to borrow money at a rate of 6.8 percent per year. this interest rate is called the:
Wright market researchcano borrows money at a rate of 6.8 percent per year. this interest rate is called the Compound rate.
What is the Compound rate?
The compound rate is estimated by summing the annual interest rate increased towards the number of compounded periods and subtracting one after multiplying the initial principal amount by one. The resulting value is subsequently deducted from the loan's entire original amount. P stands for principal, I stands for interest rate, and n stands for compounding periods.
To compute the compound rate multiply the principle of the original loan by the annualized rate multiplied by the number of consecutive compound periods less one. You will then be left with the principal amount of the loan plus compound interest.
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as a job applicant, what does sending a thank-you message after an interview do for you? check all that apply. ensures you get the job alerts your references reminds the interviewer of your visit sets you apart from other applicants suggests good manners
After an interview, you can demonstrate your politeness by writing a thank-you note. It also helps the hiring manager remember who you are and what strengths you would bring to the position.
What should be included in an interview thank-you note?
I am so grateful that you met with me today.It was a pleasure to learn more about the team and the position, and I am very excited about the opportunity to join [Company Name] and assist your team in [bring in new clients, develop world-class content, or do anything else awesome you would be doing]
After an interview, should you send a thank-you note?
Sending a thank-you email within the first 24 hours of your interview is ideal.Doing so demonstrates your dedication to the position.In addition, it keeps you front and center among the people you met as they consider other candidates.
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this type of assumption/principle requires a business to disclose all information about the business that is important for a lender or investor to know in financial statements or in the financial statement notes.
Full disclosure principle requires a business to disclose all information about the business that is important for a lender or investor to know in financial statements of in the financial statement notes.
Full Disclosure Principle is one of Accounting Principles and states that a business has to includes all relevant and necessary information for the understanding of a company's financial statements in public company fillings.
Full disclosure principle ensures that the readers and users of a business' financial information will not be mislead by any lack of information. This principle also ensures stakeholders, creditors and investors to be aware of the any relevant information and are fully informed about the company when making business decisions related to the company.
In accounting, full disclosure principle is a part of GAAP or Ganerally Accepted Accounting Principles. The key components of GAAP are
Principle of regularityPrinciple of consistencyPrinciple of sincerityPrinciple of permanence of methodsPrinciple of non-compensationPrinciple of prudencePrinciple of continuityPrinciple of periodicityPrinciple of materiality or full disclosurePrinciple of good faithLearn more about Full Disclosure Principle here: https://brainly.com/question/13082087
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when corporations account for their taxes, they estimate their taxes quarterly and accrue them for payment. in such a transaction, the account income tax expense receives
Then they accrue their taxes for payment and estimate them quarterly. As a result of such a transaction, the account's income tax expenditure is . A debit
Tax expenditures are specialized parts of the tax system, such exclusions, deductions, deferrals, credits, and tax rates, that benefit certain activities or categories of taxpayers. For instance, state and local taxes, mortgage interest costs, and individual itemized deductions for charitable contributions are all tax expenditures. According to the rules of the Income-Tax Act, 1961 (the "Act"), it is a well-established legal concept that the income tax that a taxpayer pays on its income is not permitted as a deductible expense.
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an investor purchases a long call at a price of $2.80. the strike price at expiration is $41. if the current stock price is $41.10, what is the break-even point for the investor? (do not round intermediate calculations. round your final answer to 2 decimal places.)
The Break-even point for the investor will be equal to $43.80.
The call option allows the entity to buy any stock while the put option allows any entity to sell any stock. The Break even points for both the call and put options are different. If we need to find the Break even point for the call option then the price of the call is added to the strike price and when we need to find the Break even point for put option then the price of the call is subtracted from the strike price. According to the question it is the call option and
Price of call = $2.80
Strike price = $41
Break even point = Price of call + Strike price
Break even point = $2.80 + $41
Break even point = $43.80
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budget evaluations offer opportunities to explain differences between actual and budgeted amounts. true false
The statement "budget evaluations offer opportunities to explain differences between actual and budgeted amounts." is a true statement Option A
What are budget evaluations?Generally, Businesses need budgets that are robust and based on reality, and frequent assessment is the only way to guarantee that a company's budget will continue to satisfy its requirements.
When evaluating your budget, you should compare what you really spent to what you had originally budgeted to spend. 1 In a perfect world, you should evaluate your financial situation at the end of each month, and then use that evaluation to guide your budget planning for the next month.
Evaluations provide an opportunity to provide an explanation for discrepancies between actual and planned amounts.
The potential for adverse effects of budgeting, such as budgetary slack, is something that managers need to be aware of. The objectives that are expressed in a budget should be difficult to achieve but not impossible.
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CQ not found
what is the goal of organizational design? multiple choice question. to reduce competitive advantage with other firms to ensure that each employee is placed on a specific level within the firm's hierarchy to enable managers to translate their chosen strategy into a realized one to eliminate confusion about which job covers particular tasks
The organization's design goal is to help managers to translate their selected strategy into a realized one.
What is organizational design?Organizational design is a step-by-step approach for identifying dysfunctional components of work flow, procedures, structures, and systems, realigning them to current business realities/goals, and developing strategies to implement the new changes. The approach focuses on both the technological and human aspects of the business. For the majority of businesses, the design process results in a more effective organisational design, considerably enhanced results (profitability, customer service, internal operations), and empowered and committed personnel. The design process is distinguished by a comprehensive and holistic approach to organizational improvement that encompasses all aspects of organizational life.
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According to the ______________________, debt collectors are not allowed to use their positions to collect a debt using any manner of work performance that is found to be abusive, deceptive, or unethical
Fair Debt Collection Practices Act (FDCPA) Debt collectors are not allowed to use their positions to collect a debt using any manner of work performance that is found to be abusive, deceptive, or unethical.
FDCPA (Fair Debt Collection Practices Act):
The Fair Debt Collection Practices Act is a federal law passed in 1977 to protect consumer rights from abusive, unfair, or deceptive debt collection practices.
The fair debt collection practices act prohibits abusive, unfair, or deceptive debt collection practices.
This act imposes certain restrictions on debt collectors, including the following:
They are unable to contact you at an inconvenient time or location.They cannot harass or threaten you over the phone or in person.In case you have an attorney, then they must contact your attorneyFair debt collection practices act covers the debts such as mortgages , medical debts, credit cards etc
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In the short run, assume diminishing marginal product of labor sets in with the hiring of the second worker.Which of the following will remain constant as a firm produces more output?A. Average product of laborB. Total costC. Total fixed costD Total variable costE. Marginal cost
Option c is correct. The following that will remain constant as a firm produces more output is total fixed cost.
According to the theory of declining marginal productivity, productivity will eventually decline if some inputs—variable inputs—are increased during the production phase while other inputs—fixed inputs—remain constant.
Assume that in the short term, the addition of the second employee will result in a declining marginal product of labor while the fixed cost stays the same.
As a result, choice C is accurate.
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a study of adults with a diagnosis on the autism spectrum looked at their abilities to anticipate the actions a character would take when they had a false belief. which of the following statements about the results of this study is true?
Autistic disorder, pervasive developmental disorder not otherwise specified (PDD-NOS), and Asperger syndrome are now all included in an ASD diagnosis in addition to numerous other conditions that were formerly diagnosed individually. You can understand and navigate the diagnostic process with the aid of your doctor or another healthcare professional.
Asperger syndrome (AS), commonly referred to as Asperger's, is a former neurodevelopmental condition marked by substantial challenges in social interaction and nonverbal communication, as well as constrained and repetitive patterns of behaviour and interests. Since the syndrome was combined with other disorders to become autism spectrum disorder, it is no longer recognized as a separate diagnosis (ASD). It was believed that its largely unimpaired spoken language and IQ set it apart from other diagnoses that were combined into ASD. Hans Asperger, an Austrian pediatrician, reported youngsters in his care in 1944 who had trouble making friends, did not comprehend others' gestures or sentiments, engaged in one-sided conversations about their favourite topics, and were clumsy. These characteristics led to the syndrome's naming.When the fifth edition of the American Diagnostic and Statistical Manual of Mental Disorders (DSM-5) was released in 2013, the diagnosis of Asperger's was eliminated, and the symptoms are now categorized under autism spectrum disorder alongside classic autism and pervasive developmental disorder not otherwise specified (PDD-NOS). In the International Classification of Diseases (ICD-11), it was similarly combined with autism spectrum disease as of 2021.
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question 36 neva is a partner in orchard farm. neva gives notice to quit the firm, which otherwise continues to do business. this is a. dissociation. b. dissolution. c. unethical. d. illegal.
Neva is a partner in the orchard farm. neva gives the notice to quit the firm, which otherwise continues to do business. This is dissociation.
Dissociation" usually refers to a member's decision to leave a limited liability company(LLC) but it can also happen when the other members decide to kick out a specific member. An LLC member may freely terminate their membership at any time. The withdrawal will be a valid dissociation as long as the operating agreement does not forbid withdrawal. If there is a limitation on withdrawal, a member may still withdraw; however, as specified in the operating agreement, the other members may take certain steps against the departing member.
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this type of financial institution does not take deposits, but gathers money from charging premiums for coverage. this is a (n) .
Insurance Company is a type of financial institution does not take deposits, but gathers money from charging premiums for coverage.
What does Insurance Company mean?
An insurance company is a company that provides various types of insurance to both individuals and businesses. They protect policyholders financially against a variety of risks, such as death, disability, illness, and property damage. Insurance companies assess risk and set premiums for insurance policies based on factors such as policy type, insured age, health, and lifestyle.
What does premiums mean?
A "premium" is the amount of money paid by the buyer to the seller for a financial product or service. Insurance, investments, and other financial products are commonly associated with premiums. In the case of bond premiums, they can also refer to the cost of borrowing money.
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cheung software has decided to go public and has hired an investment firm to handle the offering. the investment firm’s role is to be a(n):
Cheung software has decided to go public and has hired an investment firm to handle the offering. the investment firm’s role is to be a(n): underwriter.
Investment is the willpower of money to purchase of an asset to achieve an increase in price over a time period. investment calls for a sacrifice of a few gift asset, which include time, money, or attempt. In finance, the purpose of investing is to generate a return from the invested asset.
Funding entails placing capital to use today so as to increase its value over time. An funding calls for putting capital to work, within the shape of time, cash, attempt, and so on., in hopes of a greater payoff within the destiny than what became at first installed.
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the government regulates monopolies because part 2 a. monopolies price their output above the marginal cost of production. b. monopolies produce less than the socially desirable level of output. c. monopolies generate inefficiency by creating a misallocation of resources. d. all of the above.
The government regulates monopolies because monopolies produce less than the socially desirable level of output, monopolies price their output above the marginal cost of production, monopolies generate inefficiency by creating a misallocation of resources. (All of the above.)
Why does the government regulate natural monopolies?
First of all, there is a good reason why natural monopolies are regulated by the government. Because the electric company has a monopoly, consumers are unresponsive to price changes; if a company doubled the price of electricity, people would have to pay it because they have no one else to buy it from.
What does governmental regulation serve to achieve?
Government laws play a significant part in ensuring a secure, equitable economy for consumers and small businesses alike, protecting them from being drained by powerful corporations and unfair business practices.
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true or false: leadership is a narrow term that only refers to formal positions such as ceo and cfo.
leadership is a narrow term that only refers to formal positions such as ceo and cfo. The statement given in question is false.
Just what is leadership?Leading a team or an organization is "the action of doing so." Leadership is simply about taking chances and questioning the existing quo, to put it simply. Others are inspired by leaders to take on new and better challenges. Curiously, leaders pursue innovation rather than doing so out of necessity. By examining the team's accomplishments and progress, they gauge success. To limit risk and produce predictable results, management, on the other hand, entails assigning duties and motivating individuals to obey the rules. Planning, organizing, leading, and controlling are the manager's four primary responsibilities.
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exercise 21.8 (static) sunk costs: scrap or rework decision (lo21-1, lo21-2, lo21-3, lo21-4) road master shocks has 15,000 units of a defective product on hand that cost $80,000 to manufacture. the company can either sell this product as scrap for $6 per unit or it can sell the product for $9 per unit by reworking the units and correcting the defects at a cost of $40,000. prepare a schedule to show the effect of selling the defective units as scrap or rework.
5,000 is the correct answer, the net benefit of selling the reworked units.
Scrap value (15,000*6) = 90,000
Net proceeds from sale of reworked units (15,000*9) - 40,000 = 95,000
Net benefit of selling the reworked units 5,000
An unrecoverable expense that has already been made is referred to as a sunk cost. Sunk costs, for instance, might include the price of machinery and equipment as well as the cost of the factory's lease for a manufacturing company. Sunk costs are not considered in a sell-or-process-further decision, which is a decision.
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___________ is the stage of new product development that involves promoting the product to distributors and developing advertising and sales campaigns to generate and maintain consumer interest in the product.
Commercialization
Commercialization is the stage of new product development that involves promoting the product to distributors and developing advertising and sales campaigns to generate and maintain consumer interest in the product.
In the field of business, commercialization can be described as a process by which new products are brought into the market and promoted.
Through commercialization, efforts are made to promote the product to distributors so that the product can be sold via the distributors.
Methods such as advertising are a part of commercialization as they play an active part in promoting the product.
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after the firm has piques the interest of its target market, the goal of subsequent IMC messages should move the consumers from "i like it" to "i want it"
desire
Desire is when the firm has piques the interest of its target market, the goal of subsequent IMC messages should move the consumers from "i like it" to "i want it"
The particular demographic you want to reach with your marketing message is known as a target market. They are the people who are most likely to purchase your goods or services, and they share some traits like behaviors and demographics.
It's important to make a clear distinction between target markets and target audiences because they connect to different people and can easily be mistaken with one another.
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there is a new seller-carry loan with a closing august 20 and the first payment due october 1. how is the interest adjustment calculated?
September is covered by the October payment, but interest is payable from August 20 through August 31 (31 - 19 = 12).
Where on the settlement statement does the buyer's new loan appear?Where on the settlement statement does the buyer's new loan appear? Buyer with credit—The buyer's debit column contains all of the costs owed to him or her, while the buyer's credit column outlines the buyer's payment plan. The loan is a source of funds rather than a charge, making it a credit to the buyer.
How do you figure out how much money to bring to the closing?The exact amount a buyer is required to pay at closing is determined by deducting the buyer's total credits (such as prepaid earnest money or the remaining amount of a loan that was preapproved for).The buyer will believe that the seller is from the total debits of the buyer.
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a store has the following sales figures: year sales (in millions of dollars) 1 10 2 5 3 8 4 15 what is its sales forecast for year 2 using the naïve method?
The sales forecast for year 2 using the naïve method is 10.
What exactly is a sales forecast?A sales forecast is an estimate of future sales revenue. A sales forecast estimates how much your company expects to sell in a given time frame.
The naive forecast simply uses last year's actual demand to calculate the forecast for this year. This method assumes that there is no trend or seasonality in the forecast for the current year. All of these are either reflected in previous year sales or do not exist. As a result, in the given question, the forecast for year 2 should be similar to the forecast for year 1.
In conclusion, it's 10.
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pauley company needs to determine a markup for a new product. pauley expects to sell 15,000 units and wants a target profit of $22 per unit. additional information is as follows:
Using the variable cost method, the markup percentage to variable cost should be 81%.
Calculation of the appropriate markup percentage for variable costs
Using this equation
[(Target Profit + Fixed Overhead + Fixed Administrative) / Total Variable Costs]
Let's enter the formula.
[($22*15,000 units)+$13,500+$21,000]/$30*15,000] is the markup percentage.
($330,000+$13,500+$21,000)/$450,000 is the markup percentage.
Markup % = $364,500 / $450,000.
Markup percent = 0.81 times 100
81 percent markup
Total Variable Cost Calculation
$19 is the variable product cost per unit.
$1 for variable administrative expense per unit.
$30 is the total variable cost.
Therefore, 81% should be utilized as the markup percentage for variable costs.
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The complete question is:
Pauley Company needs to determine a markup for a new product. Pauley expects to sell 15,000 units and wants a target profit of $22 per unit. Additional information is as follows:
Variable product cost per unit $19
Variable administrative cost per unit 11
Total fixed overhead 13,500
Total fixed administrative 21,000
Using the variable cost method, what markup percentage to variable cost should be used?
hermosa vista company issued $290,000 5-year, 5.75% bonds and received $296,235 in cash. the market rate of interest when the bonds were issued was 5.25%. what is the amount of interest expense to be recorded for the first annual interest period if the company uses simplified effective-interest amortization?
The amount of interest expense Hermosa Vista Company should record for the first annual interest period if the company uses simplified effective-interest amortization is $15,552.
How is the interest expense determined?Since the bonds were issued at a premium, under the effective-interest amortization method, the interest expense is the difference between the cash (coupon) payment and the premium amortization.
Another way of computing the interest expense for bonds issued at a premium is to apply the effective market rate to the bonds payable balance.
Face value of bond = $290,000
Sales proceeds = $296,235
Bond premium = $6,235
Coupon interest rate = 5.75%
Market interest rate = 5.25%
Maturity period = 5 years
First coupon payment = $16,675 ($290,000 x 5.75%)
Interest Expense = $15,552 ($296,235 x 5.25%)
Bond premium amortization = $1,123
Bond Payable end-of-the-year balance = $295,112 ($296,235 - $1,123)
Transaction Analysis for Interest Expense:Interest Expense $15,552 Premium amortization $1,123 Cash $16,675
Thus, Hermosa will debit Interest Expense for $15,552, Premium Amortization for $1,123, and credit Cash for $16,675.
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If a person agrees that resources should be paid based upon the value of their creation, then income payments based on marginal revenue product provide a fair and distribution of society's income.
equitable, equitible, or equal
If a person agrees that resources should be paid based upon the value of their creation, then income payments based on marginal revenue product provide a fair and distribution of society's income.
equitable, equitible, or equal
Sales is the whole quantity of profits generated through the sale of goods and services related to the primary operations of the enterprise. commercial revenue can also be called sales or as turnover. a few businesses acquire sales from hobby, royalties, or other fees.
Revenue definition says that it's miles the overall sum of money obtained from wearing out the enterprise operations inclusive of income.
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in this decision point activity, you explored how our differences lead us to be better suited for certain tasks and how those differences, if used to our advantage, can cause us all to be better off. now, you will see how these same ideas can be applied not just to individuals, but also to economies as a whole. the supply of labor in china is much higher than the supply of labor in the u.s. which has resulted in much cheaper wages for the average chinese worker compared to the average u.s. worker. additionally, the u.s. labor force tends to be trained for higher skilled, more specialized tasks. using this information and what you leaned in this decision point, complete the following statement. given that china and the united states are large international trading partners, the manufacturing industry in china is likely the manufacturing industry in the united states since chinese companies have a opportunity cost and a advantage in manufacturing compared to american companies.
Complete statement Given that China and the United States are large international trading partners.
The manufacturing industry in China is likely larger than the manufacturing industry in the United States since Chinese companies have a lower opportunity cost and a comparative advantage in manufacturing compared to American companies.
China having a labor-intensive economy has a larger manufacturing industry overall than any other country in the world. So naturally, its opportunity cost is low in this aspect which gives them the comparative advantage in producing more. China's population and large labor force give them an edge over others in the united states since Chinese companies have an opportunity cost.
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jane is considering investing in three different stocks or creating three distinct twostock portfolios. jane considers herself to be a rather conservative investor. she is able to obtain forecasted returns for the three securities for the years 2015 through 2021. the data are given in the following table
Expected return of stock A = (0.1+0.13+0.15+0.14+0.16+0.14+0.12)/7 = 0.1343
The expected return of stock B = 0.1157
The expected return of stock C = 0.1071.
The expected rate of return is the amount of profit or loss an investor can expect on an investment. The expected rate of return is calculated by multiplying the potential outcomes by the probabilities of them occurring and then summing those outcomes. Expected returns cannot be guaranteed.
Investment markets are so volatile that the expected return is just one of many possible returns. Since the investment's past performance is taken into account, the expected return can be calculated as a weighted average result. Multiply each asset's expected rate of return by the weight of that asset as part of the portfolio. Divide the expected dividend by the current stock price.
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The offices and committee hearing spaces for texas legislators is best described as.
The offices and committee hearing spaces for Texas legislators is best described as excellent.
What is Texas legislators?⇒ The state legislature of the US state of Texas is called the Texas Legislature. It is a bicameral body with a 150-member House of Representatives and a 31-member Senate. At the Capitol in Austin, the Texas legislature convenes. In addition to its strong constitutional ties to the Lieutenant Governor of Texas and its influence over and direction of state government's actions, it is a potent branch of Texas government thanks to the state's plural executive.
Since Texas's admission to the Union in 1845, the Legislature has been the Republic of Texas's legally recognized successor to the Congress. The first regular session of the legislature took place from February 16 to May 13, 1846.
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when receivables are bundled and transferred to another organization that issues securities collateralized by the transferred receivables, the arrangement is defined as:
When receivables are bundled and transferred to another organization that issues securities collateralized by the transferred receivables, the arrangement is defined as securitization.
What is Securitization?
By pooling assets, interest-bearing securities can be created by securitization. Investors that buy repackaged securities get the principle and interest payments from the underlying assets.
The securitization process starts when an issuer creates a marketable financial instrument by pooling or combining several financial assets, such several mortgages, into one entity. Investors are subsequently sold by the issuer this collection of bundled assets. The market is made more liquid by the options securitization provides for investors and the capital it frees up for originators.
Theoretically, every financial asset may be securitized, or transformed into a tradable, fungible thing with monetary worth. Everything that is a security is, in essence, this.
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as someone interviewing for a project management role, you ask questions about sick days and vacation, working from home, and if the company supports employees sharing their identity in the workplace. which part of a company’s culture do these questions help you learn more about?
The part of a Company's culture that the question is teaching us is (b) Policies.
What is a company policy?A company policy is a set of guidelines and rules that employers can use to formalize their expectations and standards for the "health and safety of employees, accountability, best practices, and internal business procedures".
What are the 4 elements that go into making a policy?A description of what the organization wants to accomplish for its customers. Supporting beliefs, values, and philosophies. Broad service goals that outline the areas of focus for the organization. Methods for achieving each goal.To learn more about guidelines, please refer: brainly.com/question/18720759
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true or false: one indicator of an effective team is the ability to change and adapt to different situations.
The given statement is true because one indicator of an effective team is the ability to change and adapt to different situations.
People that are rigid or inflexible struggle to adapt to novel circumstances. Employees with these qualities may come across as uninterested or uncommitted. They might be reluctant to take risks, worry that they won't succeed, push back against adjustments that might make their working lives better, and exhibit a refusal to grow from their failures. They frequently struggle to hear and take feedback into account.
Even in leaders, a lack of adaptation can be disastrous. Leaders must be able to analyze their team's processes and recognize any modifications that may be required for success in the future.
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