The correct answer is b. Member, Directors, and Secretary's. Section 140 of the Companies Act 2006 enforces the concept that the internal rules and regulations of a company have the effect of a statutory contract. In other words, these rules are considered as a legally binding agreement that applies to all the parties involved in the company.
These parties can be shareholders, members, directors, and secretaries, as mentioned in option (b). Therefore, internal rules apply to all these parties, and they all must abide by them. The contractual effect of the internal rules of the company means that it becomes a legally binding agreement that governs the relationships and conducts of all parties within the company. As a result, the internal rules become a part of the contract of employment of every member of the company, including shareholders, directors, and other employees. As per s140 of the Companies Act, the internal rules apply to the entire company, as mentioned in option (c). Hence, these rules become a legal obligation for the whole company and every individual in the company.
Therefore, all the parties in a company must follow these internal rules and regulations to avoid any legal disputes in the future. In conclusion, the internal rules of a company have the effect of a statutory contract under s140 of the Companies Act 2006, and it applies to the entire company, including shareholders, members, directors, and secretaries. The breach of these rules can result in legal consequences, and thus, it is essential to abide by them.
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Ron Satterfield's excavation company uses both Gantt scheduling charts and Gantt load charts. Today, which is the end of day 7, Ron is reviewing the Gantt chart depicting these schedules: Job #151 was
Today, at the end of day 7, Ron Satterfield is reviewing the Gantt chart depicting the schedules for his excavation company. One of the jobs on the Gantt chart is Job #151.
Ron Satterfield's excavation company utilizes both Gantt scheduling charts and Gantt load charts for efficient project management. The Gantt chart he is reviewing at the end of day 7 provides a visual representation of the schedules, timelines, and progress of various jobs. Among these jobs, Job #151 is featured on the chart. However, since the rest of the information about Job #151 is not provided in the question, it is necessary to have further details to provide a comprehensive answer regarding its specific scheduling, duration, and progress.
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Suppose that the price for firm A's main product is $84. The marginal cost of producing the product is $65. Calculate the markup on price (or Lerner's Index) for this product. Note: Enter number as a
Lerner's index, or the markup on price, can be calculated as follows:Markup on price = (P - MC) / Pwhere P is the price of the product, and MC is the marginal cost of producing it.
Now, let's put the given values into the equation: Markup on price = (84 - 65) / 84 = 0.226 or 22.6%. Therefore, the markup on price for this product is 22.6%.
This means that the firm A has a pricing power of 22.6%. This can be interpreted as follows: the firm is able to charge a price that is 22.6% higher than its marginal cost of production. This is due to some form of market power, such as a monopoly, oligopoly, or product differentiation.In other words, the higher the markup on price, the higher the pricing power of the firm.
However, this also means that consumers are paying a higher price than what the product actually costs to produce. The extent to which this is true depends on the elasticity of demand for the product. If the demand is inelastic, the firm can charge a higher markup on price without losing too many customers.
If the demand is elastic, the firm will have to lower its markup on price in order to stay competitive.
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Calculate the P0 for a two-stage stock given the following data:
D0 = $1 R = 10% G1 = 8% (two years) G2 = 3%
The P0 for the two-stage stock is $35.54.
P0 for a two-stage stock can be calculated using the following formula: P0 = D1 / (R - G1) + D2 / (R - G2)^2Here, D0 is the current annual dividend, R is the required rate of return, G1 is the growth rate for the first stage, G2 is the growth rate for the second stage, and D1 and D2 are the dividends to be received at the end of the first and second stage, respectively.Given,D0 = $1R = 10%G1 = 8% (two years)G2 = 3%As per the question, we are given only D0 and not D1 and D2. Hence, we need to calculate them.D1 = D0 * (1 + G1)D1 = 1 * (1 + 0.08) = $1.08D2 = D1 * (1 + G2)D2 = 1.08 * (1 + 0.03) = $1.11. Now substituting the given values in the above formula, we get:P0 = 1.08 / (0.10 - 0.08) + 1.11 / (0.10 - 0.03)^2P0 = $35.54Therefore, the P0 for the two-stage stock is $35.54.
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15. (, 2.09) If efficiency wages became more common, B C D both the long-run Phillips curve and the long-run aggregate supply curve would shift right. both the long-run Phillips curve and the long-run
If efficiency wages became more common, the long-run Phillips curve would shift left, and the long-run aggregate supply curve would shift right. The correct answer is D.
Efficiency wages refer to the practice of paying workers higher wages than the market equilibrium in order to motivate and retain higher-quality employees. When efficiency wages become more common, it tends to increase worker productivity and reduce turnover rates. This has two effects on the economy:
The long-run Phillips curve shifts left: The Phillips curve depicts the relationship between inflation and unemployment. When efficiency wages are implemented and productivity increases, it leads to lower unemployment rates for a given level of inflation. This shift indicates that lower unemployment rates can be achieved with lower levels of inflation.The long-run aggregate supply curve shifts right: The aggregate supply curve represents the relationship between the overall price level and the total supply of goods and services in the economy. When efficiency wages are adopted, it enhances worker productivity, which increases the overall supply of goods and services in the long run. This shift suggests that the economy can produce more output at each price level.Therefore, the long-run Phillips curve would shift left, indicating a lower unemployment rate for a given level of inflation, and the long-run aggregate supply curve would shift right, indicating an increase in the overall supply of goods and services in the economy.
Hence, option D is the right choice.
The complete question must be:
If efficiency wages became more common,
A. both the long-run Phillips curve and the long-run aggregate supply curve would shift right.
B.both the long-run Phillips curve and the long-run aggregate supply curve would shift left.
C.the long-run Phillips curve would shift right, and the long-run aggregate supply curve would shift left.
D. the long-run Phillips curve would shift left, and the long-run aggregate supply curve would shift right.
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Use the IS-LM-FE model to determine both the short run and long run effects when the economy is subject to fight the record high inflation rate in last 50 years, he bank of Canada increases the overnight interest rate sharply. Please explain briefly and illustrate clearly using graphs
The IS-LM-FE model is a short-run macroeconomic model used to assess the effects of fiscal and monetary policy shifts on interest rates and economic output. In this model, the inflation rate refers to the general increase in the price of goods and services over time due to inflationary pressures, while the economy refers to the market for goods and services.
In the short run, when the economy is subject to fighting the record high inflation rate in the last 50 years, and the Bank of Canada increases the overnight interest rate sharply, the impact is mainly on the interest rate and the GDP. It is because of the rise in the overnight interest rate that people borrow less from banks, and hence, the money supply declines. Therefore, the interest rate increases, while the GDP falls.Short Run Effects: In the short run, the increase in the overnight interest rate causes the LM curve to shift upward from LM to LM2, and the interest rate rises from r to r2. This leads to a reduction in the output, Y, from Y1 to Y2, and the equilibrium level changes from E1 to E2. Long Run Effects: In the long run, the increase in the overnight interest rate causes the LM curve to shift upwards to LM2, and the interest rate rises from r to r2. In the meantime, the adjustment mechanism in the FE (Full Employment) curve causes output to fall from Y1 to YFE. This results in a shift of the IS curve to the left of IS to IS2. The new equilibrium is E2, where output equals the full-employment level. The interest rate remains higher than its initial level r1, but lower than its intermediate level r2. The diagram below illustrates the IS-LM-FE model when the economy is subject to fight record high inflation: [tex]LR\ Effects:[/tex] [tex]Graph\ of\ IS-LM-FE[/tex]
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Why is the equivalent annual cost method potentially useful in decision making in this case? Why would you use the real discount rate to compute the EAC? What problem(s) do you see with using the equivalent annual cost method to evaluate RCI’s options
The Equivalent Annual Cost method is potentially useful in decision making because it allows for a meaningful comparison of different investment options by considering the annual cost over the entire life of the project.
Comparing costs over time: The EAC allows for the comparison of costs incurred over different time periods by converting them into equivalent annual amounts. This is especially helpful when evaluating long-term investments or projects with varying cash flows. Standardized evaluation: The EAC method provides a standardized metric for evaluating different options by considering the present value of costs over the project's lifespan. It helps to make a fair comparison between alternatives with different lifespans or cash flow patterns. Simplified decision-making: By calculating the EAC, decision-makers can focus on comparing the annual costs of different options instead of analyzing complex cash flow patterns. This simplifies the decision-making process and facilitates better comparisons between options.
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Which of the following is a financial technology solution that
enables the payee to transmit a scanned image of a check to its
bank (for clearing and settlement)?
a.
MICR line
b.
ACH system
c.
Corresp
The financial technology solution that enables the payee to transmit a scanned image of a check to its bank (for clearing and settlement) is known as Remote Deposit Capture (RDC). The correct option among the given options is option D.
Remote Deposit Capture (RDC) is a financial technology solution that enables the payee to transmit a scanned image of a check to its bank (for clearing and settlement). It makes use of image capture technology to process payments electronically, thereby speeding up the process of check clearing and settlement.
RDC was introduced as a substitute for traditional check deposit methods, which typically require the depositor to present the check in person at the bank's branch or ATM. RDC allows the user to scan the check using a mobile device, a desktop scanner, or a multifunction printer. After scanning, the user can transmit the scanned image of the check to their bank electronically.
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A mutual fund maneger has a $20 million portfolio with a beta of 2.6. The risk-free rate is 2.5%, and the market risk premium is 9%. The manager expects to receive an additionsl $5 million, which she plans to invest in a number of stocks. After investing the additional funds, she wants the funds required return to be 25%. What should be the aversge beta of the new rrocks added to the portfolio? Negative value, if any, should be indicated by a minus sign. De not round intermed ate calculabons. Round your answer to one decimal place
The average beta of the new rocks added to the portfolio should be 2.5.
In the given problem, the portfolio of the mutual fund manager has $20 million with a beta of 2.6. It is also known that the risk-free rate is 2.5% and the market risk premium is 9%. The manager is planning to invest an additional $5 million in some stocks. After investing, she wants the funds required return to be 25%. Let's determine the average beta of the new rocks added to the portfolio.So, we can use the following formula to calculate the required return:Required Return = Risk-Free Rate + Beta (Market Risk Premium)Rearranging the above formula, we getBeta = (Required Return - Risk-Free Rate) / Market Risk PremiumGiven,Required Return = 25%,Risk-Free Rate = 2.5%,Market Risk Premium = 9%Beta = (25 - 2.5) / 9Beta = 2.5. Therefore, the average beta of the new rocks added to the portfolio should be 2.5.
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Suppose that an Italian working in India renounces his Italian citizenship and is granted Indian citizenship. Which of the following will happen?
(a) Italian GDP will fall; Indian GNP will rise (b) Italian GNP will fall; Indian GNP will rise (c) Italian GDP will fall; Indian GDP will rise (d) Italian GNP will fall; Indian GDP will rise
When an Italian working in India renounces his Italian citizenship and is granted Indian citizenship, Italian GNP will fall and Indian GDP will rise. The correct option b).
In this scenario, there will be no effect on Italian or Indian GDPs because GDP and GNP are measures of the total value of goods and services produced by a country. GNP stands for Gross National Product, which refers to the total value of goods and services produced by a country's residents and businesses, regardless of where they are located.
GDP, on the other hand, refers to the total value of goods and services produced within a country's borders, regardless of who produces them. When the Italian worker renounces his Italian citizenship and becomes an Indian citizen, his income and output will now be included in India's GNP.
Italy's GNP will fall because one of its citizens has migrated, but Italy's GDP will remain unaffected. Similarly, India's GDP will remain unaffected because it only accounts for the value of goods and services produced within its borders. However, India's GNP will increase because it now includes the income and output of the Italian worker.
Therefore, the correct answer is (b) Italian GNP will fall; Indian GNP will rise.
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The Smith family has three children, ages 15,16 , and 20 . The allowable Child Tax Credit is: \[ \$ 9,000 \] No credit is allowed. \[ \$ 6,000 \] \[ \$ 8,000 \]
The Smith family has three children, ages 15, 16, and 20. The allowable Child Tax Credit is $9,000. The child tax credit is a federal tax credit that is designed to help families offset the cost of raising children under the age of 17.
The credit is $2,000 per child, but there are income limitations that can reduce the amount of the credit.The income limitation for a married couple filing jointly is $400,000. If the Smith family's income is above this amount, they would not be eligible for the child tax credit.
However, if their income is below this amount, they could be eligible for up to $6,000 in child tax credits. Since they have three children, they could receive a total of $18,000 in credits, but the maximum allowed is $9,000. If the Smith family's income is between $400,000 and $440,000, the credit would be phased out.
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An increase in the reserve requirement would:
decrease excess reserves and reflect an expansionary monetary policy.
decrease excess reserves and reflect a contractionary monetary policy.
increase excess reserves and reflect an expansionary monetary policy.
increase excess reserves and reflect a contractionary monetary policy.
An increase in the reserve requirement would decrease excess reserves and reflect a contractionary monetary policy. The correct answer is b.
When the reserve requirement is increased, it means that banks are required to hold a higher percentage of their deposits as reserves. This has implications for the amount of excess reserves banks have available to lend or invest.
Excess reserves are the reserves held by banks that exceed the required reserve ratio. These reserves can be used to extend loans or make additional investments, which can stimulate economic activity.
By increasing the reserve requirement, banks are mandated to hold a larger portion of their deposits as reserves. As a result, the amount of excess reserves available to banks decreases because a larger portion of their funds must be held in reserve.
A decrease in excess reserves reflects a contractionary monetary policy because it limits the amount of funds that banks can lend or invest. With fewer excess reserves, banks have less capacity to extend credit, which can reduce the availability of loans and potentially slow down economic activity.
Therefore, option b, "decrease excess reserves and reflect a contractionary monetary policy," is the correct answer.
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The deadweight loss from a tax is called the
Group of answer choices
-net loss from taxation.
-marginal benefit of the tax.
-marginal cost of the tax.
-net gain from taxation.
-excess burden of the ta
The deadweight loss from a tax is called the excess burden of the tax.
This refers to the loss of economic efficiency that occurs when a tax is imposed, leading to a reduction in overall welfare for society. Deadweight loss occurs because taxes distort incentives and cause people to change their behavior in ways that are not socially optimal.
One way to think about deadweight loss is to consider the difference between the price paid by consumers and the price received by producers. When a tax is imposed, the price paid by consumers increases, while the price received by producers decreases. This creates a gap between the two prices, which represents the deadweight loss from the tax.
Deadweight loss can be particularly significant in markets where there is a high degree of competition and low profit margins. In these markets, even small changes in prices can lead to large changes in quantities demanded and supplied, resulting in significant deadweight loss.
In addition to deadweight loss, taxes can also lead to other forms of economic inefficiency, such as administrative costs and compliance costs. These costs can be particularly burdensome for small businesses and low-income individuals.
In summary, the deadweight loss from a tax is called the excess burden of the tax. This refers to the loss of economic efficiency that occurs when a tax is imposed, leading to a reduction in overall welfare for society.
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ronny took out a 7-year mortgage. for 7 years, he paid the lender monthly payments of $950. then, after 7 years, his last payment comes due at $55,000. what kind of mortgage did ronny most likely have?
Ronny most likely had a balloon mortgage, where he made regular monthly payments for 7 years and a large final payment.
Based on the given information, it appears that Ronny had a balloon mortgage. A balloon mortgage is a type of loan where the borrower makes regular monthly payments for a specified period, in this case, 7 years.
The monthly payments of $950 over 7 years suggest a typical amortization schedule for a mortgage. However, the presence of a significantly larger final payment of $55,000 indicates that this last payment is the remaining balance of the loan.In a balloon mortgage, the regular monthly payments cover only a portion of the principal and interest accrued over the loan term. At the end of the agreed-upon period, the borrower is required to make a balloon payment, which is the outstanding balance of the loan. In Ronny's case, the $55,000 final payment represents the remaining principal balance that he owes.This type of mortgage is often chosen by borrowers who anticipate having the means to pay off the remaining balance in a lump sum after a certain period. It allows for lower monthly payments during the initial term but requires a substantial final payment.
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Pick One. Type in your answer in the space provided below. 1. If transactions costs are low and property rights are not well-defined in a nuisance case, the purpose of the court is to assign the rights to the party who faces the highest co: or eliminating the nuisance. 2. Market transactions are the only efficient legal method for acquiring property rights.
If transaction costs are low and property rights are not well-defined in a nuisance case, the purpose of the court is to assign the rights to the party who faces the highest cost of avoiding or eliminating the nuisance. This statement accurately describes the role of courts when transaction costs are low and property rights are not well-defined in a nuisance case.
Transaction costs are the costs incurred in making a market transaction. The cost incurred while buying or selling a good or service is referred to as transaction costs.
Property rights are essential in creating a free market economy because it provides a basis for individuals to trade and exchange goods and services.
Transaction costs and property rights have a direct influence on the role of courts in a nuisance case. If transaction costs are low and property rights are not well-defined, then the court must assign the rights to the party who faces the highest cost of avoiding or eliminating the nuisance. This is because, in such a situation, the market transaction method for acquiring property rights may not be the most efficient method.
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QUESTION 3 (20 marks)
Grey Stone Limited owns various properties and has a 31 December
year-end.
The company applies the cost model when recognising its investment
properties.
Grey Stone Limited recen
Grey Stone Limited applies the cost model for recognizing its investment properties.
What accounting model does Grey Stone Limited use for recognizing its investment properties?The given paragraph provides information about Grey Stone Limited, a company that owns multiple properties and follows the cost model for recognizing its investment properties. The cost model is an accounting method where the properties are initially recorded at their acquisition cost and subsequently carried at cost less any accumulated depreciation or impairment losses.
By applying the cost model, Grey Stone Limited values its investment properties based on the historical cost incurred to acquire them. This means that the company does not revalue the properties to their current market value or fair value, but instead maintains them on the balance sheet at their original cost.
Using the cost model provides stability and consistency in reporting the investment properties' values over time, as they are not subject to fluctuations in market values. However, it also means that the properties' carrying values may not reflect their current market worth.
With a year-end on 31 December, Grey Stone Limited likely prepares its financial statements at the end of each year, providing stakeholders with information on the company's investment properties and their values based on the cost model.
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small ball of mass m is tied to a string of length L and set rotating with negligible friction in a vertical circle. At the top of the circle, it is moving at speed 'V'. Answer questions below in terms of m, L, v, and/or gravitational acceleration g. a. At the bottom of the circle, how fast is the ball moving? Hint for (a) The ball is moving at speed Ubottom at the bottom. b. As the ball moves at the speed given above, what is the tension force on the ball? Hint for (b) The string applies a tension Tbottom on the ball at the bottom. C. Assuming the speed v at the top is fast enough that the string remains taught, what is the tension force on the ball? The string applies a tension Ttop on the ball at the top. = Consider your answers in (b) and (c) above. The difference between them gives how much the tension in the string at the bottom of the circle exceeds the tension in the string at the top (it's more than by 2mg you might expect from the change in relative directions of tension force and gravitational force, because the ball speeds up as it swings down to the bottom).
To answer the given questions, let's consider the forces acting on the ball as it moves in a vertical circle:
a. At the bottom of the circle, the ball is moving at speed Ubottom. To determine this speed, we can apply the conservation of mechanical energy. At the top of the circle, the ball has gravitational potential energy and kinetic energy. At the bottom of the circle, all the potential energy is converted into kinetic energy.
The total mechanical energy at the top is given by:
Etop = potential energy at the top + kinetic energy at the top
= mgh + 0.5mv^2
At the bottom, the total mechanical energy is equal to the kinetic energy:
Ebottom = 0.5mUbottom^2
Since the mechanical energy is conserved, we can equate Etop and Ebottom:
mgh + 0.5mv^2 = 0.5mUbottom^2
Simplifying the equation, we find:
Ubottom = √(v^2 + 2gh)
Therefore, the speed of the ball at the bottom of the circle is given by Ubottom = √(v^2 + 2gh).
b. As the ball moves at the speed Ubottom at the bottom, the tension force on the ball is denoted as Tbottom. At the bottom, the tension force and the gravitational force act in the same direction. The net force on the ball is the difference between these forces:
Tbottom - mg = mUbottom^2 / L
Rearranging the equation, we can solve for Tbottom:
Tbottom = mg + mUbottom^2 / L
c. Assuming the speed v at the top is fast enough that the string remains taught, the tension force on the ball at the top is denoted as Ttop. At the top, the tension force and the gravitational force act in opposite directions. The net force on the ball is the sum of these forces:
Ttop + mg = mV^2 / L
Rearranging the equation, we can solve for Ttop:
Ttop = mV^2 / L - mg
The difference between the tension forces at the bottom and the top is given by:
Tbottom - Ttop = (mg + mUbottom^2 / L) - (mV^2 / L - mg)
= 2mg + m(Ubottom^2 - V^2) / L
Therefore, the difference between the tension in the string at the bottom of the circle and the tension at the top is 2mg plus m times the difference in the squares of Ubottom and V, divided by L.
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Which of the following is not an unintended consequence of a price ceiling? Shortage or excess demand. Other ways to distribute the quantity available. New firms entering the market to produce. Emerge
The unintended consequence of a price ceiling that is not among the following choices is "new firms entering the market to product".
A price ceiling is a form of price control that occurs when the government or a regulatory body sets a legal limit on the price of a product, service, or commodity, such as rent control. It prevents the cost from being fixed at a certain level, creating a shortage or surplus as a result of the market not being able to function correctly. A surplus occurs when the price ceiling is set above the equilibrium price, while a shortage occurs when the price ceiling is set below the equilibrium price. Ways in which the quantity available may be distributed include rationing, price discrimination, and non-price rationing. The goal of these policies is to ensure that the quantity is distributed as equitably as possible. When a price ceiling is imposed, it may cause demand to exceed supply, resulting in a shortage. It can lead to long queues and waiting times, rationing, black markets, and other unintended consequences. New firms entering the market to produce is not an unintended consequence of a price ceiling.
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A car rental company at a major airport has 70% of its fleet of 375 cars rented each day on average. Cars are rented for an average of 6 days. How many rentals are processed each day on average? O 62.5 cars/day O 89.3 cars/day 43.8 cars/day 50.0 cars/day O65.6 cars/day
On average, the car rental company processes approximately 65.6 rentals per day.
To calculate the number of rentals processed each day, we need to multiply the percentage of the fleet rented (70%) by the total number of cars in the fleet (375) and divide it by the average rental duration (6 days).
Calculation: (70% of 375) / 6 = 262.5 / 6 ≈ 65.6 rentals per day.
Based on the given information, the car rental company processes approximately 65.6 rentals per day. This calculation takes into account the average rental duration and the percentage of the fleet rented, providing an estimation of the daily rental activity for the company.
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Calculate Apple's Dividend Payout, Stock Repurchase Payout and Total Payout for 2015 and 2016. Round your answers to two decimal places. What are Apple's objectives with their dividend policy and stock repurchase plan (See the "Capital Return Program" portion of Item 7: Management Discussion and Analysis)? Apple is attempting to return capital of between ($200−$250,$250−$300,$300−$350) billion to shareholders through a $175 billion share repurchase plan. The remaining (\$50 to $75,$25−$50,$25−$75) billion will come in the form of dividends.
Apple's dividend payout for 2015 and 2016 is $25 to $50 billion, while the stock repurchase payout is $175 billion. The total payout for both years is estimated to be between $200 and $250 billion.
Apple's dividend policy and stock repurchase plan aim to return a significant amount of capital to shareholders. In 2015 and 2016, Apple plans to distribute dividends amounting to $25 to $50 billion, providing shareholders with a portion of the company's earnings. Dividends are a way for Apple to reward investors and potentially attract new ones by sharing its profits.
Additionally, Apple plans to repurchase shares worth $175 billion during the same period. Share repurchases help reduce the number of outstanding shares, leading to an increase in the company's earnings per share (EPS). This action can boost shareholder value and confidence, as it indicates that Apple considers its stock to be undervalued.
Overall, the objective of Apple's dividend policy and stock repurchase plan, known as the "Capital Return Program," is to optimize the company's capital allocation. By returning capital to shareholders through dividends and share repurchases, Apple aims to enhance shareholder returns and signal confidence in its future prospects.
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The following three companies: Alpha Co., Beta Co, and Gamma Co. are U.S.
firms in the same industry and all three companies have the same valuation as of
yesterday. Alpha Co. has no international business. Beta Co. purchases supplies
invoiced in euros, and all sales are invoiced in dollars. Gamma Co. does all its
business in Europe and remits profit to the U.S. every year.
Assume that the event today will cause the euro to substantially appreciate against
the dollar over time. With no change in the business operation in all three
companies, which firm will have the highest valuation based on your prediction?
Justify your answer.
The company that will have the highest valuation based on the prediction that the euro will substantially appreciate against the dollar over time without any change in business operation among the companies will be Beta Co.
The reason why Beta Co. will have the highest valuation is because it is the only company that purchases supplies invoiced in euros.
When the euro appreciates against the dollar, it means that the value of the euro has increased relative to the dollar.
Therefore, Beta Co. will pay less in dollars to purchase the same amount of supplies in euros. This will lead to a reduction in the cost of supplies purchased and an increase in the profit margin for Beta Co.
The other two companies, Alpha Co. and Gamma Co., will not benefit from the appreciation of the euro since they do not have any business operations in Europe. Therefore, Beta Co. will have the highest valuation due to the increase in profit margin caused by the appreciation of the euro.
Therefore, Beta Co. will have the highest valuation based on the prediction that the euro will substantially appreciate against the dollar over time without any change in business operation among these companies.
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What is the deadweight loss from monopoly (compared to the long-run perfectly competitive outcome) if market demand is given by \( P=150-2 Q \) and marginal costs are constant at \( \$ 50 \) per unit?
The deadweight loss from monopoly, compared to the long-run perfectly competitive outcome, is 625 units. This represents the loss in consumer and producer surplus due to the monopolistic market power.
The deadweight loss from monopoly can be calculated by comparing the monopolistic equilibrium with the perfectly competitive outcome. In this case, the deadweight loss can be found by determining the quantity and price at the monopolistic and perfectly competitive equilibria.
Given:
Market demand: P = 150 - 2Q
Marginal cost: $50 per unit
In a perfectly competitive market, firms produce where marginal cost equals the market price. Setting marginal cost (MC) equal to the demand equation, we have:
150 - 2Q = 50
Q = 50
Substituting Q back into the demand equation, we can find the price in the perfectly competitive equilibrium:
P = 150 - 2(50)
P = 150 - 100
P = 50
In the monopolistic equilibrium, the monopolist maximizes profits where marginal revenue equals marginal cost. To find the monopolist's quantity, we set marginal revenue (MR) equal to marginal cost (MC):
150 - 4Q = 50
Q = 25
Substituting Q back into the demand equation, we can find the price in the monopolistic equilibrium:
P = 150 - 2(25)
P = 150 - 50
P = 100
To calculate the deadweight loss, we need to find the area between the demand curve and the marginal cost curve in the monopolistic equilibrium, compared to the perfectly competitive equilibrium.
Deadweight loss = 0.5 * (Qmonopoly - Qperfect) * (Pperfect - Pmonopoly)
Deadweight loss = 0.5 * (25 - 50) * (50 - 100)
Deadweight loss = 0.5 * (-25) * (-50)
Deadweight loss = 625
Therefore, the deadweight loss from monopoly, compared to the long-run perfectly competitive outcome, is 625 units. This represents the loss in consumer and producer surplus due to the monopolistic market power.
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Suppose you are going to receive $19,500 per year for five years. The appropriate interest rate is 9 percent. Requirement 1: a) What is the present value of the payments if they are in the form of an ordinary annuity? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) b) What is the present value of the payments if the payments are an annuity due? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Requirement 2: a) Suppose you plan to invest the payments for five years. What is the future value if the payments are an ordinary annuity? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) b) What is the future value if the payments are an annuity due? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
To calculate the present value of the payments if they are in the form of an ordinary annuity, we can use the formula for the present value of an ordinary annuity:
PMT = $19,500 per year r = 9% or 0.09 n = 5 years Using the formula, let's calculate the present value: Therefore, the present value of the payments in the form of an ordinary annuity is approximately $80,610. To calculate the present value of the payments if they are in the form of an annuity due, we need to multiply the present value calculated in part a) by (1 + r). This is because in an annuity due, the payments are received at the beginning of each period. Present Value of Annuity Due = PV * (1 + r)
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park corp. obtained the following information from its absorption costing accounting records: the total period costs incurred this period equals:
The total period costs incurred by Park Corp. can be calculated by summing up all the indirect costs and non-production expenses recorded in its absorption costing accounting records.
1. Identify indirect costs: Indirect costs are expenses that cannot be directly allocated to a specific product or service and include items such as rent, utilities, salaries of non-production employees, and administrative expenses.
2. Non-production expenses: Non-production expenses are costs incurred by the company that are not directly related to the manufacturing or production process. These may include selling and marketing expenses, research and development costs, and general overhead expenses.
3. Review absorption costing accounting records: Look at the accounting records of Park Corp. to identify all the indirect costs and non-production expenses recorded for the period.
4. Summing up period costs: Add up all the indirect costs and non-production expenses identified from the absorption costing accounting records. This sum will give you the total period costs incurred by Park Corp. for the given period.
It's important to note that without specific information on the nature and breakdown of the indirect costs and non-production expenses incurred by Park Corp., it is not possible to provide an exact figure for the total period costs. The calculation would require access to Park Corp.'s detailed accounting records or financial statements.
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The transmission of nerve impulses at a synapse is unidirectional. Which of the features of the transmission of nerve impulses given below have a role in maintaining the unidirectional transmission? 1. Exocytosis of neurotransmitter at the presynaptic membrane 2 Neurotransmitter hydrolysing enzyme found on the postsynaptic membrane 3. Neurotransmitter receptors found on the postsynaptic membrane 4. Sodium gated channels on the postsynaptic membrane A3 and 4 only B) 1, 2 and 3 only C) 1, 2 and 4 only D) 2 and 4 only E) 1 and 4
The features of the transmission of nerve impulses that have a role in maintaining the unidirectional transmission at a synapse are: C) 1, 2, and 4 only The correct answer is option C.
The features of the transmission of nerve impulses that have a role in maintaining the unidirectional transmission at a synapse are:C) 1, 2, and 4 only
Exocytosis of neurotransmitter at the presynaptic membrane: This ensures that the neurotransmitter is released from the presynaptic neuron into the synaptic cleft, allowing it to bind to receptors on the postsynaptic membrane.Neurotransmitter hydrolyzing enzyme found on the postsynaptic membrane: This enzyme helps in breaking down the neurotransmitter molecules that may have diffused back into the synaptic cleft, preventing their reactivation.Sodium gated channels on the postsynaptic membrane: These channels allow the entry of sodium ions into the postsynaptic neuron, which contributes to the generation of an action potential and the transmission of the nerve impulse in one direction.Learn more about neurotransmitter here;-
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BUS 305: Group Project Self-Assessment
Reflect on your experience in working in this team. Then, respond to the following prompts. Bullet points are fine. These are about YOU. This is about you YOU worked and contributed. Use the peer evals from your peers - and an honest self-assessment - to write this important reflection.How would you describe your performance as a team member? Why? Use examples.What was your role in the group dynamic?What did YOU do well?What did YOU do poorly?Create an action plan to address 2 of YOUR behaviors you intend to increase in future projects--"More of this" . create an action plan to address 2 of YOUR behaviors you intend to decrease in future projects--"Less of this"
In working as a team member, my performance was strong, actively contributing to the group dynamic and exhibiting positive behaviors. I played the role of a collaborator, effectively communicating, etc
As a team member, I would describe my performance as strong and effective. I actively participated in team discussions, shared ideas, and contributed to decision-making processes. For example, during our project, I took the initiative to research relevant information, gather data, and present findings to the team, which helped us make informed decisions.
Additionally, I played the role of a collaborator, supporting and encouraging my team members, and fostering a positive group dynamic.
I believe I performed well in taking ownership of tasks and ensuring their completion within deadlines. I actively sought feedback from team members and incorporated their suggestions into my work. Furthermore, I demonstrated strong problem-solving skills by offering creative solutions to challenges we encountered during the project.
However, I acknowledge that there were areas where I could have improved. One area for growth is time management. At times, I struggled with effectively prioritizing tasks and managing my time, which resulted in some deadlines being missed. To address this, I plan to create a detailed schedule for future projects, breaking down tasks into manageable chunks and setting realistic deadlines.
Another area for improvement is active listening. While I actively participated in discussions, I sometimes found myself interrupting or not fully engaging with others' perspectives. To address this, I will practice active listening techniques such as maintaining eye contact, paraphrasing to ensure understanding, and giving others the opportunity to speak without interruption.
In conclusion, as a team member, I performed well by actively contributing, collaborating, and demonstrating problem-solving skills. Moving forward, I will focus on improving my time management and active listening to enhance my effectiveness in future projects.
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please answer part b
options:
targeted and zero / actual and targeted
It was stated that the Bank of Canada's long-run policy target is the rate of inflation. a. Observations that have led many central banks to choose this long-run policy target are that A. high inflati
The observations leading many central banks, including the Bank of Canada, to choose the rate of inflation as their long-run policy target is high inflation is harmful and monetary policy has a systematic and sustained influence on inflation. The correct answer is option D.
This choice aligns with the general understanding that high inflation can have adverse effects on an economy, such as eroding purchasing power, distorting price signals, and creating uncertainty. Central banks aim to maintain price stability by keeping inflation within a target range.
Moreover, central banks have the ability to influence the money supply and interest rates through monetary policy tools. By adjusting interest rates, open market operations, reserve requirements, and other measures, central banks can affect the overall money supply and, in turn, inflation levels.
Therefore, they recognize that monetary policy plays a systematic and sustained role in influencing inflation.
Hence, the right option is D.
The complete question must be:
It was stated that the Bank of Canada's long-run policy target is the rate of inflation. a. Observations that have led many central banks to choose this long-run policy target are that A. monetary policy has no effect on interest rates and changes in the money supply are not meaningful. B. low inflation is harmful and the Bank cannot influence the money supply effectively without knowing the slope of the money demand curve. C. the Bank cannot directly control the process of deposit expansion and it can only influence the long-term interest rate. D. high inflation is harmful and monetary policy has a systematic and sustained influence on inflation.
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The Four elements of Active Listening: (Select the Correct Answer) a. Open Probe, Closed Probe, Summarize, Close b. Build Rapport, Upfront Contract, Uncover PAIN/GAIN c. Attention, Hearing, Understanding, Remembering d. Qualify Prospects, Disqualify Prospects, Mirror, Confirm Understanding 16. In order to sell value you must know your company's value proposition and your customer's key value needs. (True or False) 17. When you don't accurately qualify your prospects or you do not cover their Pain or Gain prior to you offering a solution you will experience a greater number of sales objections. (True or False) 18. The underlying causes for concern: (Select the Correct Answer) a. A previous bad experience? b. Uncertain or unfamiliar with your company, hasn't developed a level of trust/relationship with you? c. Reluctant to switch away from incumbent seller? d. All of the Above 19. The key components of the Sales Planning Process: a. Contact your manager, Contact your customer service department, Determine potential annualized $ volume, Determine product needed, Develop follow-up b. Prospect, Contact prospect, Set SMART objective, Execute the Sales Call, Close/Follow-up c. Analyze, Set Goals, Develop the Sales Plan, Execute, Evaluate/Review d. None of the Above 20. The process for Resolving Objections: (Select the Correct Answer) a. Listen Carefully for Hidden Messages, Clarify the Underlying Concerns, Reinforce Value, Ask for Action b. Restate Concern, Provide Solution, Confirm Customer Commitment, Close c. Gain Understanding of True Concern, Request Permission to Advance the Process, Confirm Next Step d. Probe for Understanding, Gain Customer Commitment, Ask for Action 21. Essential qualities that are key to Resolving Objections: (Select the Correct Answer) a. Sincerity, Personal Integrity b. Humility, Courtesy c. Wisdom, Charity d. All of the Above
The four elements of active listening are attention, hearing, understanding, and remembering.
Active listening is a crucial skill in effective communication. It involves giving full attention to the speaker, hearing their words, understanding their message, and remembering the key points. Attention means focusing on the speaker and avoiding distractions. Hearing refers to accurately perceiving the speaker's words through attentive listening. Understanding involves comprehending the speaker's message, both at the surface level and underlying meaning. Remembering entails retaining the information shared by the speaker for future reference or response. By actively listening, individuals can demonstrate empathy, show respect, and foster better understanding in conversations. It helps build rapport, establish trust, and allows for effective problem-solving and decision-making. Active listening also aids in avoiding misinterpretations, reducing conflicts, and enhancing overall communication effectiveness. By practicing the four elements of active listening, individuals can create a positive and productive communication environment, promoting meaningful connections and mutual understanding.
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According to the textbook, Six Sigma (DMAIC), Lean, and such methodologies are for improvement Select one: True False
It is true that Six Sigma, DMAIC, Lean, and similar methodologies are used for improvement purposes in organizations.
According to the textbook "Organizational Behavior: Emerging Knowledge, Global Reality" by McShane and Von Glinow, Six Sigma, DMAIC (Define, Measure, Analyze, Improve, Control), Lean, and other similar methodologies are used for improvement purposes in organizations.
These methodologies aim to improve processes, reduce variation, eliminate defects, enhance efficiency, and optimize performance. They provide structured approaches and tools for problem-solving, data analysis, process optimization, and continuous improvement.
Six Sigma, for example, focuses on reducing process variation and defects by systematically identifying and eliminating root causes of problems. DMAIC is a problem-solving approach within the Six Sigma framework that guides practitioners through the steps of defining the problem, measuring process performance, analyzing data, improving processes, and controlling for sustained improvement.
Lean, on the other hand, aims to eliminate waste and streamline processes to increase efficiency and value for customers. It focuses on reducing non-value-added activities, improving flow, and maximizing productivity.
These methodologies are widely used in various industries, including manufacturing, service, healthcare, and finance, to improve quality, customer satisfaction, operational efficiency, and overall organizational performance.
Therefore, it is true that Six Sigma, DMAIC, Lean, and similar methodologies are used for improvement purposes in organizations.
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Suppose that colleges add degrees across majors that are accelerated, meaning that students can complete their degree in 3 years instead of the traditional 4. Suppose more people now attend college.
A. Draw what happens in the labor market for staff at colleges when colleges decide to offer accelerated degrees.
Now suppose that staff at colleges are expected to work harder and cannot take as many coffee breaks.
B. On a different graph, draw what happens in the labor market for staff at colleges when staff cannot take as many coffee breaks.
C. Now combine your graphs from parts A and B (put both shifts on same graph). What do you know for sure about wages and quantity of labor supplied?
In the labor market for staff at colleges when colleges decide to offer accelerated degrees, the demand for staff increases, leading to a rightward shift in the demand curve.
In the labor market for staff at colleges when staff cannot take as many coffee breaks, the supply of labor decreases due to reduced availability or productivity. This results in a leftward shift in the supply curve, indicating a potential decrease in the quantity of labor supplied and a possible increase in wages. Combining the graphs, we know for sure that the demand for staff in colleges increases due to the introduction of accelerated degrees (as shown in graph A). However, the impact on wages and quantity of labor supplied is uncertain. The decrease in labor supply due to limited coffee breaks (as shown in graph B) could potentially counteract the positive effect of accelerated degrees on wages or quantity of labor supplied. The net effect would depend on the magnitude of these shifts and other factors in the labor market. | S (Old)
| / S (New)
| / \
Wage | / \
| / \
| / \
| / \
| / \
| / \
| / \
|_______________________\
Quantity of Labor
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Capacity Break Even A company has two options for manufacturing boots. The manual process has monthly fixed costs of $27044 and variable costs of $7.75 per pair of boots and an automated process with fixed costs of $70471 per month and variable costs of $2.42 per pair of boots. They expect to sell each pair of boots for $90. What is the monthly break-even quantity (number of units) for the manual process? (round to a whole number) A company has two options for manufacturing boots. The manual process has monthly fixed costs of $25573 and variable costs of $7.27 per pair of boots and an automated process with fixed costs of $75023 per month and variable costs of $2.74 per pair of boots. They expect to sell each pair of boots for $91. At what quantity would the company choose either process? (also known as the point of indifference) (round to a whole number)
The formula for the calculation of the break-even point is:
Break-even quantity = Fixed costs / (Selling price per unit - variable cost per unit)
Given that manual process:
Monthly fixed costs = $27044
Variable costs per pair of boots = $7.75
Selling price per pair of boots = $90
In case of Automated process:
Monthly fixed costs = $70471
Variable costs per pair of boots = $2.42
Selling price per pair of boots = $90
(a) Monthly break-even quantity (number of units) for the manual process
Let us put the values in the formula:
Break-even quantity = 27044 / (90 - 7.75) = 316.4≈ 317
Therefore, the monthly break-even quantity for the manual process is 317 pairs of boots.
(b) Quantity at which the company should choose either process
The formula for calculating the point of indifference is:
Point of indifference = (Fixed costs of process A - Fixed costs of process B) / (Variable costs per unit of process A - variable cost per unit of process B)
Let us put the values in the formula for the given data:
Point of indifference = (27044 - 70471) / (7.27 - 2.74)≈ - 8909
Therefore, we need to round off the negative number to the nearest whole number, which is 8909 pairs of boots.
Hence, the quantity at which the company should choose either process is 8909 pairs of boots.
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