A marginal utility of zero or less can be said for the fourth plate. Reason: The cause is the law of diminishing significance .
What does the minor significance mean?
Anything that is considered marginal is small or not particularly important. A modest improvement over October, this. Synonyms for significant: negligible, small, low, and insignificant More phrases for the adjective marginal.
Use the term marginal to describe something that is bare minimal or just about adequate. If you prepare lemonade, set up a stall on the corner, and only manage to sell a few glasses, your profits will be pitiful.
When you consider something minimally, you consider how much you would appreciate it if it were added. Sunk costs, as they are also known, are disregarded.
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ken young and kim sherwood organized reader direct as a corporation; each contributed $49,000 cash to start the business and received 4,000 shares of stock. the store completed its first year of operations on december 31, 2020. on that date, the following financial items for the year were determined: cash on hand and in the bank, $44,500; amounts due from customers from sales of books, $27,900; equipment, $48,000; amounts owed to publishers for books purchased, $8,400; one-year notes payable to a local bank for $4,350. no dividends were declared or paid to the stockholders during the year.
As a result of the liabilities amounting to just over $12,750 while the equity amounting to just over 111,550, the firm of Ken Young and Kim Sherwood is more heavily funded by equity than by creditors.
The balance sheet is a crucial tool for executives, investors, analysts, and regulators to understand the current financial state of a company. It is frequently used in conjunction with the other two types of financial statements, the income statement and the cash flow statement. The balance sheet can help consumers determine the company's net worth, whether it has sufficient cash and short-term assets to cover its debts, and whether it is much more indebted than its rivals.
Balance sheet
Dec. 31, 2020
Cash: $44,500
Accounts receivable: $27,900
Equipment: $48,000
total assets = $120,400
Liabilities
Accounts payable: $8,400
note payable: $4,350
= $12,750
Stockholders equity
common stock: $98,000
retained earnings: 13,550
total stockholders equity: $111,550
total liabilities and stockholders equity: $120,400
ERE=BRE+NI-Div
13550=0+?-0
= $13,550
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refer to the tables below, which show, respectively, the willingness to pay and the willingness to accept of buyers and sellers of individual bags of oranges. for the following questions, assume that the equilibrium price and quantity depend on the following changes in supply and demand. also assume that the only market participants are those listed by name in the two tables. in addition, assume that each seller is only able to sell one bag of oranges and each buyer is only able to buy one bag of oranges during the period represented by the data in the tables. further, assume that the equilibrium price is known to all participants in the market. 13
Based on the information provided, the following is correct: Equilibrium quantity = 6 bags of oranges. Quantity supplied = 0 bags of oranges.
What is an equilibrium price?
At an equilibrium price, price and quantity forces remain balanced. Unless certain supply and demand factors change, prices will tend to return to this equilibrium. The equilibrium price may alter if demand, supply, or perhaps both shift or change. The equilibrium price (EP) seems to be the price at which the supply and demand for a product or service are balanced.
When the price is $8, the quantity supplied at equilibrium is determined by the number of producers ready to supply at or below the equilibrium price.
In this situation, all producers will willing to supply at $8 or less, so that the equilibrium quantity will indeed be 6 bags.
Quantity provided if it was for the public good:
Buyers are unwilling to pay any price for public products because they expect them to be provided for free.
As a result, private vendors will refuse to supply anymore goods since they will not get paid for them.
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Going out for dinner at your favorite restaurant as a reward for finishing a big project is an example of a:a) consumable reinforcer.b) social reinforcer.c) manipulative reinforcer.d) possessional reinforcer.
Going out for dinner at your favorite restaurant as a reward for finishing a big project is an example of a consumable reinforcer. social reinforcer.
What is called a restaurant?
A restaurant is a location where you can consume food while paying for it. In restaurants, a waiter or waitress will often bring your food to your table. In Forth Street, they had dinner at an Italian restaurant. In the hotel's restaurant, we had dinner. When referring to a cafe or restaurant, use the phrase eatery. After watching a movie, you might get a burger at a fantastic nearby restaurant. An eatery is a venue where prepared food can be purchased and consumed. A Chinese restaurant is one type of restaurant, whereas a diner is another.
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for example, one study found that for every 1% increase in adherence to clinical practice guidelines, hospitals saved an estimated $1 million per year. furthermore, research has also revealed that successful implementation of evidence-based practices can result in an average savings of 28%
as a source of easily accessible evidence that has been carefully analyzed, synthesized, and interpreted by knowledgeable physicians and methodologists
How can clinical practice recommendations raise the level of medical care?By weighing the advantages and disadvantages of different care alternatives and minimizing unjustified practice variances, clinical guidelines have the ability to raise the quality of care if they are created and applied in accordance with international standards.
Do best practices for clinical care lead to better results?Following recommendations improves patient outcomes, according to empirical data, although recommendations are not always followed. Guidelines therefore require active dissemination and creative implementation methods. The last 30 years have seen a dramatic increase in the production of recommendations.
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You are considering purchasing an item that is on sale. If you are not satisfied with the product, you may not return it for a refund. What type of cost does this represent?
a.) opportunity cost
b.) monetary cost
c.) sunk cost
d.) utility cost
You are thinking of buying an item that is on sale. If you are not satisfied with the product, you cannot return it for a refund. The kind of cost this represents is sunk cost. Option C is correct.
What is sunk cost?It corresponds to a cost that has already been incurred and which cannot be recovered, such as the costs of a company with wages, equipment and marketing, for example.
Therefore, it is essential that before making a purchase, the consumer pays attention to the post-purchase rules, to identify whether such a purchase incurs a sunk cost and how this could benefit or harm him financially.
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select the abbreviation that tells how the italicized noun clause is used. s-subject, do-direct object, pn-predicate noun, op-object of preposition the valedictory prize will be awarded to whoever has the highest academic rating. op s pn do
The abbreviation that tells how the italicized noun clause "whoever has the highest academic rating" is used in the sentence "the valedictory prize will be awarded to whoever has the highest academic rating" is "op."
This is because the noun clause "whoever has the highest academic rating" is the object of the preposition "to," which connects the noun clause to the verb phrase "will be awarded." This noun clause is not the subject, direct object, or predicate noun in the sentence. In this sentence, the clause is used as an object of a preposition.
In short, the abbreviation for the italicized noun clause in the sentence is "op" which stands for "Object of Preposition".
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When deciding to conduct business in other countries, Jim Fitterling mentions which of the following?
When deciding to conduct business in other countries, Jim Fitterling mentions the stability in the country as well as currency risks
Who is Jim Fitterling?
He is known as an American business executive, currently serving as Chairman and CEO of Dow Inc., serving as Vice President of the National Association of Manufacturers, and on the boards of directors of the American Chemistry Council and the US-China Business Council.
He has been highly influential in the business world, being a keynote speaker at the Manufacturing Leadership Summit and speaking at the IHS World Petrochemical Conference in Houston, Texas. At the same time; He has been awarded by Alumni of the College of Engineering of the Mizzou Alumni Association.
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you are modeling a $2.00/sf/year step increase each year of the lease beginning in year 3 in the base rent varies window. using the screenshot above, please select which of the following was modeled incorrectly.
Over the course of a market lease, fixed steps are increments in the original rent that can be expressed as a currency amount, a currency amount per square unit, or a percentage increase.
Reabsorb describes a situation in which the space ceases to be a source of amount once the existing lease has expired. If you want this space to ever become accessible again in increase model, you would need to build a new line and input the SF with a start date in the future. Software called Argus modelling is used to analyse the long-term financials of a commercial real estate lease.
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The opportunity to gain a foothold in the snack cracker industry had just been found. brittney marr, an account executive manager for baked wheat industries had developed an interest in wheat crackers two months ago when one of her newly hired account execs, hunter bender, had told her about the high margins and promising future associated with that market. marr had always believed that if you do your homework in hiring the best people then it only makes sense to listen to their recommendations and implement their suggestions.
Marr had given her approval to Bender to explore opportunities to move into this promising new market. This morning, Bender reported that Jackson Corporation had severed its contract with Feel Good Crackers Incorporated. Apparently, the Feel Good salesman had shared sensitive information about Jackson at a cocktail party. Bender had already established a good relationship with Feel Good buyers and so recognized this as an opportunity to expand his market into wheat crackers.
From a systems thinking perspective,
a. Marr should increase teamwork, leading to more entropy. b. Marr should listen to and reward her people well to increase synergy.
C. the Jackson account was lost because Feel Good was too closed to its environment.
d. All of these choices
e. None of these choices
Bender saw this as an opportunity to expand its market into wheat crackers because it had already established a positive relationship with Feel Good buyers. As a result, none of these are from a system-thinking perspective.
What is meant by a Positive Relationship?A positive relationship can exist between any two people who offer one another emotional and practical support, encouragement, and assistance. According to Dr. Fisher, the most crucial component of a healthy relationship is effective communication.
Like any other relationship, business relationships need to be kept up on a regular basis. Mutual benefits and ongoing communication are crucial to success. In the long run, having reliable contacts will give you an advantage when other marketing strategies fail.
If you have good relationships with your coworkers, your job will be more enjoyable. In addition, close-knit teams are more productive, giving you more time for personal development and innovation. The professional connections you make will also enable you to advance your career.
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question which of the following economic systems primarily relies on prices for allocating resources and goods?
Market economy system primarily relies on prices for allocating resources and goods.
The economic system that primarily relies on prices for allocating resources and goods is a market economy. In a market economy, resources, goods, and services are allocated based on the price of the goods and services as determined by supply and demand. Prices are determined through a process of bargaining and negotiation between buyers and sellers, with the market price reflecting the balance between the forces of supply and demand. Prices are used to allocate resources and goods to those willing and able to pay the highest price. This type of economy allows for competition, innovation, and efficiency, while providing incentives for producers to produce goods that are desired by consumers. A market economy is an economic system in which people, instead of the state, hold the majority of the resources.
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new legislation passed in 2017 by the u.s. congress changed tax laws that affect how many people file their taxes in 2018 and beyond. these tax law changes will likely lead many people to seek tax advice from their accountants (the new york times). backen and hayes llc is an accounting firm in new york state. the accounting firm believes that it
It is therefore 68 11875. Okay, So, 68.1875 is the variance. The standard deviation is equal to X's square root of 68 (121875). This is therefore 8.2575, which is 812576.
What is the variance and standard deviation ?As a result, a new equation, the summer X times probability of x, can be used to determine the meaning of the probability distribution. Ok. The total of the likelihood that x will be less than mu squared is the variance of x. Ok. Furthermore, the square root of the variance equals the standard deviation. As a result, you begin with 20 times 0.05 and work your way up to 50 times 0 points.
Consequently, this is 34.25. The mean is thus 34.25. The average is this. There is currently a 1241.25 variance. 4.25 a square minister. It is therefore 68 11875. Okay, So, 68.1875 is the variance. The standard deviation is equal to X's square root of 68 (121875). This is therefore 8.2575, which is 812576.
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Will see an increase in demand for their services as a result of the new tax laws.
What is tax law?May need to hire additional staff or bring on more partners to accommodate the increased demand for their services.Should consider reaching out to their current and potential clients to inform them of the changes in the tax laws and how the firm can assist them in navigating the new laws.Should ensure that all staff members are fully trained and up-to-date on the new tax laws in order to provide accurate and timely advice to clients.May want to consider offering workshops or seminars to educate the public on the new tax laws.Should also stay informed of any further developments or changes to the tax laws, in order to continue providing the best possible service to their clients.To learn more about tax law refer:
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item9 item 9 a company purchased $120,000 of 6% bonds on may 1 at par value. the bonds pay interest on march 1 and september 1. the amount of interest accrued on december 31 (the company's year-end) would be:
On May 1, a business paid par value for $120,000 worth of 6% bonds. On March 1 and September 1, the bonds pay interest.
What do you meant by bond ?On May 1, a business paid par value for $120,000 worth of 6% bonds. On March 1 and September 1, the bonds pay interest. the amount of interest that was accumulated as of December 31 (the company's year end).Identical to an IOU, a bond is a debt security. To raise funds from investors prepared to extend them a loan for a specific period of time, borrowers issue bonds. You are lending money to the issuer of a bond when you purchase one, which could be a corporate, government, or municipality.When they need to raise money, businesses and governments issue bonds. By purchasing a bond, you are effectively making a loan to the issuer, who then agrees to repay you on a set date for the face amount of the loan.To learn more about bond refer to :
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The amount of interest accrued on December 31 (the company's year-end) would be $3600. This is calculated by taking the par value of the bond ($120,000) multiplied by the interest rate (6%) multiplied by the fraction of the year that has elapsed (6/12). Thus, $120,000 x 6% x (6/12) = $3600.
What is the maturity date of the bonds?The maturity date of the bonds is the date on which the bond issuer must pay back the principal amount of the bond to the bondholder. The maturity date is usually specified at the time of issuance and may be anywhere from one year to 30 years or more, depending on the terms of the bond. Generally, bonds with longer maturities tend to have higher yields than short-term bonds, as the issuer must compensate the bondholder for the extra time they are holding the bond. The exact maturity date of any given bond will be specified in the bond agreement, and investors should make sure to understand when their bonds will mature before investing.To learn more about interest accrued refer to:
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an increase in which of the following is most likely to increase the long-run growth rate of an economy's real per capita income
The correct option C. The educational attainment of the population, is most likely to accelerate the rate of long-term growth of real per capita income in a country.
Define the term real per capita income?The mean income calculated for each man, woman, as well as child in a given group, including those residing in communal housing, is known as per capita income.
It is calculated by dividing the total income of a group by the sum of the people within that group. The closest whole dollar amount is used to round this measurement.Overall economic growth of a country per person is measured by its GDP per capita. The economic expansion per person in a country is used to gauge its level of affluence. The sum of money made per person in a country is measured by per capita income.The Latin phrase "per capita" means "by head." In statistics, the term "per capita" is sometimes used in replacement of "per person" to denote the average per person.Thus, a rate of long-term growth in real per capita income in a nation is most likely to be accelerated by the population's level of education.
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the complete questio is-
4. An increase in which of the following is most likely to increase the long-run growth rate of an economy's real per capita income?
A. Population growth
B. The proportion of gross domestic product consumed
C. The educational attainment of the population
D. The supply of money in circulation
E. Personal income taxes
according to the principle that one person's spending is another person's income, an increase in wealth based on stock market values can: please choose the correct answer from the following choices, and then select the submit answer button. answer choices increase spending on goods and services, but not affect incomes. increase spending on goods and services, and thereby increase incomes. decrease spending on goods and services, and thereby increase incomes. increase spending on goods and services, and thereby lower incomes.
As per the principle that one person's spending is another person's income, stock market values can decrease spending on goods and services and thereby lower incomes.
The multiplier effect is the idea that one person's spending is another person's income. According to this statement, when a person or business raises their spending, it results in an increase in income for the recipients of that expenditure. These recipients then spend some of their increased income, which results in additional income increases, etc.
A decline in stock market prices can result in a drop in personal wealth, which can result in less money being spent on products and services. This can subsequently result in lower incomes for people whose lives depend on consumer spending, such as staff members of companies that experience a decline in sales. This is one of the reasons why changes in the stock market can have an impact on the entire economy.
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Today HR outsourcing can be done in different ways. Which of the following is one of those ways?A) discrete services outsourcingB) project management outsourcingC) external recruitment process outsourcingD) parts supply outsourcing
One of the example of HR outsourcing in different ways is B) project management outsourcing. Project management outsourcing can save Money With Lower Administration Costs for a company.
In organization, Human Resources outsourcing or also known as HRO generally can be defined as a condition when you contract with an independent provider to handle some or all of your HR functions. In some organization or also companies, there are Human Resources Outsourcing that has a function to handle open enrollment, invoice reconciliation, reporting and COBRA administration, as well as field employee and manager questions.
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When a company advertises its product in hopes that it will entice consumers to buy the product, the ______ element of the marketing mix is being used.
When a company advertises its product in hopes that it will entice consumers to buy the product, the promotion element of the marketing mix is being used. Thus, the correct word to fulfill the statement is promotion.
Promotions generally described as the entire set of activities, which communicate the brand, product, or service to the user. The function of promotion is to make people attract, aware, and induce to buy the product or brand.
There are several types of promotions:
AdvertisingSales promotionDigital sellingPublic relationEach of these type of promotions has their own role in generating revenue for a company.
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if the company now purchases office equipment on account for $20,000, the accounting equation will change to: select one: a. assets liabilities stockholders' equity $260,000
The accounting equation will alter to one of the following if the business now makes a $20,000 account-based purchase of office supplies. a. Resources...
Does accounting require math?
The accounting equation will alter to one of the following if the business now makes a $20,000 account-based purchase of office supplies. a. Resources... Algebra and statistics courses are compulsory of all accounting students during their first two years of study. College algebra, elementary statistics, and business statistics are frequently taught in these mathematics courses. The number of new math classes a student encounters as they progress through their major will increase. You already possess the strong math and analytical abilities that accountants need. In order to solve difficulties, accountants frequently use a combination of quantitative analysis, corporate strategy, legal concerns, and economic factors.
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a customer who is short 1 abc jan 40 call wishes to create a bear call spread. the second option position that the customer must take is
A customer who is short 1 ABC Jan 40 call wishes to create a bear call spread. The second option position that the customer must take is long 1 ABC Jan 50 Call.
What is a spread?The same type of option (in this case, calls) is purchased and sold, but with different strike prices and/or expiration dates, to produce a spread. The client of a bear call spread, also known as a short call spread, desires a decrease in the market but does not want to assume too much risk in the event that the opposite occurs.
A customer who sells a short call on ABC for January 40 will profit if the market goes below $40. However, the customer can lose an infinite amount on the short call position if the market increases. An ABC Jan 50 Call can be purchased by the consumer to reduce this danger. The premium paid for the 50 call's purchase lowers the 40 call's potential gain, should the market decline. The decreased gain potential, however, also lowers the customer's potential risk. If the market increases significantly, the customer's short 40 call will be exercised, forcing them to deliver the stock for $40 per share. The client can exercise the long 50 call by purchasing the stock for delivery at $50. Consequently, the potential loss has been reduced to 10 points.
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Select from below the attributes of a business combination accomplished through acquisition of variable interests in another entity.-Majority voting stock ownership is not a necessary condition for control over a variable interest entity.-The variable interest entity remains in existence as a separate legal entity--often a trust or partnership.-Current GAAP requires the consolidation of financial statement for a primary beneficiary and its variable interest entities.
A principal beneficiary's financial statements and those of its variable interest companies must be consolidated under current GAAP.
What is the most accurate way to define business?An organization or entrepreneurial entity engaging in commercial, manufacturing, or process improvement is referred to as a business. Businesses can also be for-profit corporations or charitable institutions. Limited liability firms, private businesses, corporations, and partnerships are among the several forms of businesses.
- Majority voting investment income is not a requirement for ownership over an interest rate business; instead, the floating rate entity continues to operate as an independent legal entity, frequently a trust or a partnership.
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for each of the following scenarios identify the correct term. suppose you are a freshman in college and you have not declared a major. one reason you enrolled at your respective college was the school's vibrant social life. at the same time, you want to balance your academic life because you know that your grades will matter for graduate school or job applications. you decide to forgo partying for two hours to study for an upcoming economics exam. a. To make that decision you weighed your equity. Yc specialization. market failure. r su ca dy opportunity cost(s). on equilibrium. efficiency You start a part-time job as a package handler at a large delivery company. After training, you start your first shift and your supervisor tells you to unload packages from a single truck. Unfortunately, he tells 5 other people to do the same which causes most of you to stand around and wait for your co-workers to get out of the way. There are several other trucks already on the dock waiting to be unloaded.
The scenarios identify the correct terms are (1) opportunity cost (2) efficiency (3) incentive (4) specialization.
What is an incentive?Anything that induces a person to change their behavior is considered an incentive. The fundamental rule of economics and the rules of behavior emphasize the importance of incentives, which suggest that more incentives result in greater levels of effort and, thus, higher levels of performance. The rewards and advantages that are utilized as incentives are those that encourage your personnel to act in a productive manner. They can take many different forms, such as increased vacation time, tuition reimbursement, and greater work-life balance. An object, valuable item, desired activity, or event is referred to as a "incentive" if it encourages an employee to carry out more of the desired action or event that the employer wants.Employee motivation and job satisfaction can both be increased by implementing incentive compensation programs.To learn more about incentive refer to:
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Linda and Chris are purchasing their first home. Which of the following charges will appear as a debit to them on the settlement statement?
As Linda and Chris are purchasing their first home, the charges that will appear as a debit to them on the settlement statement is real estate and agent sales commission.
What does settlement statement mean in contract?A settlement statement is a document that summarizes the terms and conditions of a settlement agreement reached between two or more parties. A settlement statement, which is commonly used for loan agreements, details the terms and conditions of the loan as well as all costs owed by or credits due to the buyer or seller.
It also specifies any fees that a borrower must pay in addition to the interest on a loan. Settlement statement documentation requirements vary depending on the type of loan. Mortgage loan settlement statements, which are used in real estate transactions, are also known as closing statements.
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oasis company provides services to customers for $10,000 cash. which of the following is used to record this transaction?
The Oasis Company offers its services to its clients for $10,000 in cash. To record this transaction, debit cash and credit revenue are used.
What type of company is Oasis?OASIS (Organization for the Advancement of Structured Information Standards) is an international non-profit consortium that promotes the open and collaborative development of e-business specifications based on open standards such as XML and SGML.
How long is Oasis open?Business began in 1991, when the founders of Oasis Solutions envisioned a company that would help local businesses that were no longer using QuickBooks, Sheets, and Excel. Our goal was to enable companies to get the most out of their software solutions and business with MAS90 (now Sage 100cloud).
Who owns Oasis, Inc.?Oasis Investment Company LLC is the holding company of Al Shirawi Group, one of the Persian Gulf region's largest industrial conglomerates, encompassing printing, manufacturing, engineering, trading, transportation and logistics, marketing, distribution, contracting and service industries. and education.
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which of the following statements more accurately describes the treasurer than the controller? note: you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect. check all that apply monitors capital expenditures to make sure that they are not misappropriated responsible for investing the firm's spare cash responsible for arranging any issue of common stock responsible for the company's tax affairs
Controller roles is to check and monitors the expenditures as per budget and make sure that cash are not misappropriated.
Who is a Treasurer?
The person in charge of an organization's treasury is called the treasurer. Cash and liquidity management, risk management, and corporate finance are among the important basic responsibilities of a corporate treasurer.
The division in charge of a nation's finances, economy, and revenue is known as the treasury. Although in some nations (like the United Kingdom or the United States), the treasury reports to a Secretary of the Treasury or Chancellor of the Exchequer, the treasurer is typically the organization's top official.
The Treasurer is in charge of the corporate treasury division of corporations. They are often in charge of managing liquidity risk, cash flow, issuing debt, hedging interest rate and foreign exchange risk, securitization, overseeing pension investment management, and capital structure.
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a country currently exports 1 million tons of lumber to the rest of the world. if the government were to impose an export subsidy on lumber, which of the following correctly explains the expected result?
The expected result for providing export of lumber subsidy is the subsidy will increase exports of lumber because it will effectively lower lumber prices for consumers and raise them for producers. Thus, the following statements that is correct is option (A).
Export in international trade generally described as a good produced in one country that is sold into another country or a service provided in one country for a resident or national of another country. The foreign buyer is an importer, while the seller of such service or goods provider in an exporter.
Subsidy defined as assistance provided by the government or the public body in the form of the money to any industry or a support (form of financial aid) extended to an economic sector generally with the aim of promoting social policy and economic.
So, according to above scenario, if a country currently exports 1 million tons of lumber to the rest of the world.
The government imposes an exports subsidy on lumber the it will led to increase exports of lumber because it will effectively lower lumber prices for consumers and raise them for producers.
Please help this is due today. A country currently exports 1 million tons of lumber to the rest of the world. If the government were to impose an exports subsidy on lumber, which of the following correctly explains the expected result?
A. The subsidy will increase exports of lumber because it will effectively lower lumber prices for consumers and raise them for producers.
B. The subsidy will increase exports of lumber because it will effectively raise lumber prices for both domestic consumers and domestic producers.
C. The subsidy will decrease exports of lumber because it will effectively raise lumber prices for both domestic consumers and domestic producers.
D. The subsidy will decrease exports of lumber because it will effectively lower lumber prices for consumers and raise them for producers.
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consider the circular flow model to answer the questions that follow. a. in the circular flow model, households provide inputs to firms through the
In the circular flow model, households provide inputs to the firms through the market for factors of production/resource market and in exchange receive money/income from firms.
What is The circular flow model ?
The circular flow model shows how money circulates in an infinite cycle between producers, families, and so on.
In a market economy, money flows from producers to workers as wages and then back to producers when workers spend their earnings on goods and services.
What are the circular flow diagram's four basic components?
A circular flow diagram in economics is a visual representation of how an economy is structured using a straightforward economic model. The markets for the factors of production, the markets for goods and services, households, firms, and firms are all shown in this diagram.
With revenue flowing in one direction and expenditures on resources, products, and services flowing in the other, the circular flow diagram can be used to depict GDP.
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assuming that a family wants to make a $1290 monthly payment, give the mortgage that a family could afford at an annual interest rate 4.25% for a 15-year mortgage.
The family's capacity to pay the mortgage is $2,934.75.
What does the term "mortgage" mean?When you and a lender enter into a mortgage, the lender is granted the power to seize your property if you are unable to pay back the loan amount plus interest. To purchase a property or borrow money against the value of a home you currently own, you can use a mortgage loan.
With the aid of calculations, please explain?Interest accrued over the course of 30 years equals I = 0.0425 x $1290 x 30 = $1,644.75
Total amount due is $1290 plus $1,644.75 for a total of $2,934.75
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Elasticity and hotel rooms. If average household increases by 20% from 50000 to 60000 per year the quantity of rooms demaned at the rivers motel
Answer:
The theory of elasticity of demand is based on the concept of marginal utility, which is the additional satisfaction or benefit that a consumer derives from consuming one more unit of a good or service. When the marginal utility of a good or service is high, the demand for it is considered to be elastic, meaning that small changes in price or income can lead to large changes in the quantity demanded. Conversely, when the marginal utility of a good or service is low, the demand for it is considered to be inelastic, meaning that large changes in price or income are required to lead to small changes in the quantity demanded.
In the case of hotel rooms, the elasticity of demand can be influenced by a variety of factors, including the location of the hotel, the quality of the rooms, and the availability of alternative accommodations. For example, a luxury hotel located in a popular tourist destination may have a relatively inelastic demand, as the high quality and unique location of the hotel makes it difficult for consumers to find substitutes. On the other hand, a budget hotel located in a less popular area may have a relatively elastic demand, as there are many alternative accommodations available at similar prices.
Additionally, it would be important to consider the cross-price elasticity of demand, which measures the responsiveness of demand for a good or service to changes in the prices of related goods or services. In this case, if the prices of other hotels in the area went up, the Rivers Motel could see an increase in demand for its rooms.
Furthermore, the income elasticity of demand, which measures the responsiveness of demand for a good or service to changes in consumer income, would also play a role. In this case, if the average household income increases by 20% from $50,000 to $60,000 per year, it is likely that the quantity of rooms demanded at the Rivers Motel would also increase, as people have more disposable income to spend on luxury goods and services such as hotel rooms.
A company reports the following in its balance sheet:
Total assets of $800,000 and total liabilities of $700,000. Which of the following is true? a. Net income equals $100,000.
b. Total expenses equal $1,500,000.
c. Total revenues equal $1,500,000.
d. Total stockholders’ equity equals $100,000.
Total stockholder's equity equals $100,000. (800000-700000=100000)
What is a balance sheet?Whether it's a single proprietorship, a commercial partnership, a corporation, a private limited company, or another organization like the government or a not-for-profit institution, a balance sheet is a statement of the balances of a person or organization. As of a particular date, such as the conclusion of its financial year, assets, liabilities, and possesses the ability is listed. It's common to refer to a balance sheet as a "picture of a company's finances. The cash flow is the only of the four fundamental financial statements that only apply at one particular period in a company's fiscal year.
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item 20 if you want to ask dog experts on the internet about their experiences with electronic fences, your best strategy is to post a query via
It is recommended to post a question in a discussion forum if you want to ask dog experts about their experiences with electronic fences on the internet.
What are Discussion forums?The earliest type of social media platform may have been discussion forums. Early Internet users may remember newsgroups or special interest groups (SIGs) that were hosted on the first websites and systems connected to the Internet. The initial concentration of these communities was on technical subjects, but as time went on, they grew to include nearly any subject that would be of interest. As a result of their tightly concentrated content and emphasis on free discussion, discussion forums are particularly beneficial from a social analytic perspective. The data, although often unstructured, comprises a variety of social data types that can be used to improve organisational decision-making processes.
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TRUE OR FALSE a marketer's only concern is how best to create demand for a new product produced by his/her company. marketing has little value for society as a whole.
A marketer's only concern is how best to create demand for a new product produced by his/her company. marketing has little value for society as a whole.
The statement is false
No firm can undercut the importance of a marketing department. After all, it is one of the most crucial components of any company's success. The function of a marketing department can be divided into the following categories depending on what the business performs.Establishing the brandThe focus of this is raising awareness of the brand, as well as its mission, vision, values, etc.Today's digital marketing channels are setting the standard and assisting in the success of many brandsIn today's fast-paced environment, marketing is the catalyst for brand growth.To know more about marketing here
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