If you buy 4 types from Michelin at full price, you can send in your receipt, give extra information, and get a cheque in the mail in 4-6 weeks. Rebate is a promotional device.
When referring to a payment that has been retrospectively decreased, returned, or refunded, we use the term "rebate." This form of sales promotion is frequently used by marketers as bonuses or incentives for product sales. Rebates can also be used to persuade clients who are price-conscious to purchase a product. The mail-in refund is the most common (MIR). A MIR permits the same buyer to send in a coupon, receipt, and barcode in addition to receiving a check for a set amount, depending on the particular product, the time, and frequently the location of the purchase. Rebates are offered by both the product's maker and the retailer.
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125. what sales technique encourages a client to purchase additional services, products, or add-ons at the point of sale?
Upselling refers to the practice of promoting the purchase of anyone that would increase the cost of a customer's subsequent purchase by adding an upgrade, enhancement, and premium option.
What kind of services are examples?A service is defined as "an action or usage for which a client, organization, or government is willing to pay." Barbers, medical professionals, lawyers, mechanics, banks, insurance companies, and other experts are a few examples. Social programs are those that the entire society contributes to funding (the nation-state, the fiscal union).
What do the terms "service" and "services" mean?The provision of labour, effort, or effort, or indeed any combination thereof, without regard to the delivery or control of a specific end product or items, or a manufacturing process, is referred to as providing a service or services.
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xavier inc. has $10 million par value, 6% cumulative preferred stock outstanding. during the current year, the board of directors declares $2 million in dividends. no dividends were declared for the previous year. dividends payable to preferred stockholders during the current year will be:
During the current year, the board of directors declares $2 million in dividends. no dividends were declared for the previous year. dividends paid to preferred stockholders during the current year will be $1.2 million.
$10 million x 0.06 x 2 years.
A stockholder is likewise called a shareholder of an enterprise or a person that owns as a minimum one percent of an employer's capital inventory. Stockholders are usually the owner of the enterprise business enterprise and typically accumulate the company's accomplishment within the form of extended inventory valuation.
A stockholder is someone who has shares in an organization. Stockholders own a bit of that company. in case you're a stockholder in the ultra-modern-day, greatest, financially sound new begin-up commercial enterprise business enterprise, your inventory might be properly well worth quite a little cash! Stockholders are those who keep stocks — in one of a kind words, very own stocks — in an employer.
To delve into the underlying approach of the terms, "stockholder" technically manner the holder of inventory, which may be construed as inventory, in preference to stocks. Conversely, the "shareholders" method is the holder of a percentage, which could first-rate suggest an fairness percentage in an agency.
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Disclaimer: The question is incomplete. Please read below to find the missing content.
Xavier Inc. has a $10 million par value, 6% cumulative preferred stock outstanding. During the current year, the board of directors declares $2 million in dividends. No dividends were declared for the previous year. Dividends payable to preferred stockholders during the current year will be:
$1 million
$2 million
$600,000
$1.2 million
The accommodating strategy entails a _________ concern for one's interests and a high concern for the interests
of the other party.
a. high
b. low
c. fluctuating
d. variable
e. moderate
Answer: b
The accommodating strategy entails a b. low concern for one's interests and a high concern for the interests of the other party.
In the field of business, an accommodating strategy can be described as a strategy in which the benefit of the other person is kept prior to your own benefit. This is because the other person whom you are benefitting is a valuable asset to your company or might benefit you in other ways.
As a part of the accommodating strategy, a business person will have a low concern for his own interest over the concern of the other party that he is interested in. Such types of strategies is important in order to make connections in the market.
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Korey is planning to open a comic book store. In his first year of operation, korey expects to average $1,000 of profit each month. He then expects profits to increase by 6% each year for the next 4 years. How much does korey expect to make in profits in his fifth year of operation? a = p (1 r) superscript t a. $15,149. 72 b. $16,058. 71 c. $31,120. 46 d. $32,987. 69 please select the best answer from the choices provided a b c d
We must apply our financial understanding in this exercise to determine that Korey expects to make $15,149.72 in profits.
How do you calculate the profits?As a result of organizing the information in the assertion, we learn that:
average profit of $1,000
6% annually for the following four years
The results of these computations show that:
1000*12 = 12000
12000 * 1.06^1
12000 * 1.06^2
12000 * 1.06^3
12000 * 1.06^4
= $15149.72
What does profit mean?The money that remains after paying your business expenses is your profit. Gross profit, operating profit, and net profit are the three primary types of profit. The largest profit is gross. The amount left over after paying for the sold goods and services is displayed.
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a 5.65 percent coupon bond with 18 years left to maturity is offered for sale at $1,035.25. what yield to maturity is the bond offering? (assume interest payments are semiannual.) (do not round intermediate calculations. round your answer to 2 decimal places.)
If a 5.65 percent coupon bond with 18 years left to maturity is offered for sale at $1,035.25. The yield to maturity that the bond is offering is: 5.34%.
How to find the yield to maturity?Using TVM solver of financial calculator to find the rate by imputing the below data.
Number of years = N = 18 x 2 = 36
Payment per period = PMT = (1,000 x 5.65%) / 2 = 28.25
Present value =PV = - 1,035.25
Face value =FV = 1,000
Interest rate=?
Hence,
Rate = 2.67%
Yield to maturity = 2.67% x 2
Yield to maturity = 5.34%
Therefore the yield to maturity is 5.34%.
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Materials Variances
Dark Wind manufactures decorative weather vanes that have a standard materials cost of two pounds of raw materials at $2.50 per pound. During September 9,500 pounds of raw materials costing $3.25 per pound were used in making 4,700 weather vanes.
Determine the materials price and quantity variance.
Materials price variance $:Answer Answer:F or U
Materials quantity variance $:Answer Answer:F or U
The Material price Variance and Quality Variance of Dark Wind Manufactures are given
Material price variance = 1250
Quantity variance = 300
Actual price of raw material = $3.25
Standard price = $2.50
Actual quantity = $9500
Material price variance = [Actual price - Standard price] x Actual quantity
Material price variance = [3.25 - 2.50] x 9500
Material price variance = 7125
Quantity variance = [Actual quantity - Standard quantity] x Standard price
Quantity variance = [9500 - 4700 x 2] x 2.50
Quantity variance = 250
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Ups measures routes for each of its drivers, including the number of miles driven, deliveries, and pickups. Which step in the control process does this represent?.
D.Step 1 is the correct answer, the correct step in the control process.
In order to give its package delivery drivers precise turn-by-turn directions drawn from UPS's routing software, UPS today announced that it has integrated a new navigation tool called UPSNav into the handheld device they use. UPSNav enables the business to better serve its clients while cutting down on the number of miles driven, fuel used, and carbon emissions. The On-Road Integrated Optimization and Navigation (ORION) system, used by local UPS package car drivers to perform deliveries and pickups, has undergone a significant overhaul with UPSNav. With the use of the new navigational tool, ORION can now provide drivers with detailed directions to all of those stops, including loading docks and reception sections that are frequently located on the opposite side of a building's main entrance.
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gustavo is an account representative for an office furniture company. he met with a business buyer who was interested in upgrading the office furniture in a doctor's waiting room. gustavo presented several options and at the conclusion of the presentation, he asked which option would be best: option a which included several small loveseats and chairs or option b featuring a sectional couch and chairs. gustavo is in the stage of the selling process.
Gustavo is in the stage of closing the sale of the selling process.
There are seven common steps to the selling process: prospecting, preparation, approach, presentation, handling objections, closing, and follow-up.
Prospecting is the initial stage of the sales process.The following phase entails getting ready for your first interaction with a potential consumer by conducting market research and gathering all pertinent data about your good or service.Next, initiate communication with your client. The approach is what we call this.You actively demonstrate how your product or service satisfies the needs of your potential client during the presentation stage.When resolving objections, you pay attention to and respond to your prospect's concerns.You receive the client's decision to proceed during the closing stage.In the follow-up phase, you maintain touch with clients you have closed in order to solicit referrals and prospective repeat business.To know more about Selling Process, refer to this link:
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in material requirements planning the process of placing the exploded requirements in the proper time periods, based on the assembly lead times involved, is known as:
According to the assembly lead times, the process of scheduling the exploded requirements in the appropriate time frames is known as material requirements.
The impact of a fireworks explosion occurs more quickly than a candle burning.The activation energy needed for a candle to burn is lower than the activation energy needed for a firework to explode.The energy that must be supplied for a reaction to take place is known as the activation energy. A reaction cannot take place without an external energy source if its activation energy is high. Despite being spontaneous, a reaction can nonetheless have a large activation energy. Energy must be provided externally before such reactions may begin. The reaction might continue totally on its own once it has started.
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a clarke corporation subsidiary buys marketable equity securities and inventory on april 1, 2020, for 100,000 won each. it pays for both items on june 1, 2020, and they are still on hand at year-end. inventory is carried at cost under the lower-of-cost-or-net realizable rule. currency exchange rates in 2020 follow: lo 10-2, 10-4 lo 10-2, 10-4 january 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.15
Marketable equity securities = $19,000 and Inventory = $19,000. (100,000 X .19) are the balances that a consolidated balance sheet reports as of December 31, 2017.
Current assets are reported in the consolidated balance sheet at the closing rate, which is the current rate ($0.19 = 1 Won), when Won is a subsidiary functional currency.
Marketable equity securities and inventory both add out to $19,000 ($100,000 x $0.19).
Marketable security is any unrestricted financial instrument that can be bought or sold on a public stock exchange or a public bond exchange. Marketable equity securities and Marketable debt securities are the two subcategories of Marketable Securities.
Inventory or stock refers to the goods and materials that a business keeps on hand with the intent to sell, produce, or use them.
CORRECT QUESTION:
A Clarke Corporation subsidiary buys marketable equity securities and inventory on April 1, 2017, for 100,000 won each. It pays for both items on June 1, 2017, and they are still on hand at year-end. Inventory is carried at a cost under the lower-of-cost-or-net realizable rule. Currency exchange rates for 1 won follows:
January 1, 2017, $0.15 = 1 won
April 1, 2017, $ 0.16 = 1
June 1, 2017, $0.17 = 1
December 31, 2017, $0.19 = 1
Assume that the WON is the subsidiary's functional currency. What balances does a consolidated balance sheet report as of December 31, 2017?
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Michelle Robinson is thinking about two different decisions. One decision is quite risky, while the other decision is more conservative. To help her make the right decision, she decides to calculate the:
a. quickratio. b. managementanalysis. c. moneyfactor. d. risk-return ratio. e. entrepreneurial ratio.
Michelle Robinson is debating between two options. One choice is fairly risky, whilst the other one is more cautious. She chooses to compute the following to assist her in making the best choice: Risk-return ratio.
The risk/reward ratio shows how much an investor might get from an investment for every dollar they risk. The predicted rewards of an investment and the level of risk required to attain those returns are often compared using risk/reward ratios. The risk/reward ratio, also referred to as the "R/R ratio," contrasts a trade's prospective profit and loss. It is determined by dividing the risk, or the difference between the entry point and the stop-loss order, by the difference between the entry point and the profit target (the reward). The conventional belief is that a deal will not be profitable if the risk outweighs the return. A decent risk-to-reward ratio would be larger than 1:3, which would require you to risk one-fourth of your potential profit. In contrast, if an investor can only invest for a short period of time, the same stocks carry a higher risk of loss. For instance, if an investor has the ability to invest in equities over the long term, this gives the investor the potential to recover from the risks of bear markets and participate in bull markets.
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total holding period return is the dollar gain (or loss) from purchasing an asset and selling it later. t/f
The overall return earned from owning an asset or portfolio of assets over time—referred to as the holding period—is known as the holding period return and is typically stated as a percentage.
The overall return earned from owning an asset or portfolio of assets for a given amount of time is hence known as the holding period return. This return is typically stated as a percentage. Based on overall returns from the asset or portfolio, holding period return is computed (income plus changes in value). It is especially helpful for comparing the returns of assets kept for various lengths of time.
The holding period determines the tax consequences and runs from the day after the security is acquired to the day it is sold or disposed of. When comparing returns on investments bought at various points in time, the holding period return can be helpful.
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Sunny Day Manufacturing Company is considering investing in a one-year project that requires an initial investment of $475,000. To do so, itll have to issue new common stock and will incur a flotation cost of 2.00%. At the end of the year, the project is expected to produce a cash inflow of $595,000. The rate of return that Sunny Day expects to earn on its project (net of its flotation costs) is places). (rounded to two decimal White Lion Homebuilders has a current stock price of $22.35 per share, and is expected to pay a per-share dividend of $2.45 at the end of next year The company's earnings, and dividends, growth rate are expected to grow at the constant rate of 9.40% into the foreseeable future. If white Lion expects to incur flotation costs of 3.750% of the value of its newly-raised equity funds, then the flotation-adjusted (net) cost of its new common stock (rounded to two decimal places) should be Sunny Day Manufacturing Company Co.'s addition to earnings for this year is expected to be $857,000. Its target capital structure consists of 40% debt, 5% preferred, and 55% equity. Determine Sunny Day Manufacturing Company's retained earnings breakpoint: $1,714,000 $2,142,500 $1,636,091 $1,558,182
The rate of return that Sunny Day expects to earn on its project (net of its flotation costs) is 22.81%.
Given that Initial Investment is $475,000, Flotation Cost is 2.00 percent, and Cash Inflow is $595,000. Now, the amount of the flotation cost is calculated as follows: flotation cost x initial investment (0.02 x $475,000) = $9,500.
Therefore, the rate of return is equal to [cash inflow minus (initial investment plus flotation cost)]. - 1 or Rate of return = [$595,000 ($475,000 + $9,500)] - 1 = Rate of Return = 0.2281 or 22.81 percent.
The expected growth rate is 9.4%, the expected dividend is $2.03, and net proceeds from the stock offering are calculated as follows: $22.35 x (1 - flotation costs) = $22.35 x 0.9625 = $21.5119. The flotation adjusted cost of new common stock is equal to [$2.03 / $21.5119] + 9.4% = 9.44 percent + 9.4% = 18.84 percent.
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An is manager has identified several of what the diffusion of innovation theory would term laggards in his department. It is likely that the most successful approach to persuading them to adopt a new information system would be to _____.
An IS manager has identified several of what the diffusion of innovation theory would term "laggards" in his department. It is likely that the most successful approach to persuading them to adopt a new information system would be to have their peers demonstrate how this change has helped them and bring pressure to bear from other adopters.
While working as the manager of any firm it is the job and responsibility of the manager to look at all the managing aspects within the firm. A manager has to manage all the meetings of the firm, he has to look after the functioning of the firm whether the employees are working properly or not. Also there is a need to have a look on the fact that if any new change is made in the working technique, then all the employees are comfortable with it and adopt it. So when a new information system is adopted he can take help of the other employees who have adopted the system to form peer pressure on those who have not and demonstrate the use of new system.
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Complete Question:
An IS manager has identified several of what the diffusion of innovation theory would term "laggards" in his department. It is likely that the most successful approach to persuading them to adopt a new information system would be to _____.
a. provide them with data on how many others have tried this and have used it successfully
b. have their peers demonstrate how this change has helped them and bring pressure to bear from other adopters
c. provide them with evidence of the system's effectiveness and success stories
d. provide them assistance getting started
An real estate agent is comparing the average price for 3-bedroom, 2-bath homes in Chicago and Denver: Samples from each city provide the following data: Chicago: Xc " 5148,000, 0 <= 512,000,n2 20 Denver: Xo 5142,500, 00 S10,000,np= 18 Suppose he is conducting test to see if there evidence to prove Chicago has higher average price than Denver. State the proper null and alternate hypothesis Click the answer you think is right
To maintain your standard of living in Denver, CO, you'll need a household income of: $46,267. The cost of living is 7% lower in Denver, CO.
What is cost of living?The Cost of Living Index - COLI from of the Council for Communities and Economic Research provides the fundamental information on cost of living. Price collection is done by cities at designated times and in strict accordance with established standards. The cost of living in a new city or town is one of the most crucial decisions you must make before moving there. The "cost of living" is the sum of money required to support a specific way of life in a particular location.
Determining the cost of living would reveal how expensive it is to live in a particular location because the cost of products and services vary from city to city.
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A five-year annuity of ten $5,900 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. The discount rate is 8 percent compunded monthly.
a. What is the value of this annuity five years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b. What is the value three years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c. What is the current value of the annuity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
The value of this annuity five years from now will be $62,992.
What is annuity?In the realm of investments, an annuity is a series of payments made on a regular schedule. The classification of annuities is made possible by the periodicity of payment dates. The payments (deposits) may be made on a weekly, monthly, quarterly, annual, or any other regular basis basis. Annuities can be calculated using mathematical procedures referred to as "annuity functions." An annuity that provides payments for the remainder of the owner's lifetime is known as a life annuity. At the end of each payment period, an immediate annuity payment is made, allowing interest to accrue between the time the annuity is issued and the first payment.
Annuity after 5 years=12598.4*5= $62992.
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john riviera deposits $14,000 in national bank at 8% compounded quarterly. what is the effective rate (apy) of interest? (round answer to nearest hundredth)
Effective rate (apy) of interest will be calculated as follows:
No. of periods: 1 4 = 4
Percent i: 8 4 = 2%
FV = 14,000 (1 + 0.02)4 = $15,1554.05
Interest gained: $15,1554.05 - $14,000 = $1,154.05
APY: $1,154.05 $15,1554.05 = 7.62% (lower than nominal)
The annual percent yield, or APY, accounts for interest compounding. Because it takes into account the interest you earn on your money, it accurately reflects the interest rate you actually earn on an investment. The APY uniformizes the return percentage. By indicating the actual percentage growth that will be realised by compound interest, assuming that the money is deposited for a year, it achieves this. APY is calculated using the following formula: (1+r/n)n - 1, where r is the period rate and n is the total number of compounding periods.
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A project that finishes within budget, on schedule and with full functionality goes through _____ closure, whereas a project whose technology did not work and got canceled goes through a _______ closure.
Select one:
a. changed priority, premature
b. perpetual, normal
c. normal, premature
d. perpetual, changed priority
e. normal, failed project
Option (e), A project that is completed within its allocated budget, on schedule, and with full functionality is said to have had normal closure, as opposed to one whose technology failed and was abandoned.
What is a project that exceeds its budget known as?When the final projected cost exceeds the initial budgeted estimate, the project is considered to be over budget or to have incurred project cost overrun. To minimize overbudget projects and improve project cost management, professional services businesses can put these 5 measures in place: Figure out the issue.
Why is sticking to the budget so important to the project's success?The capacity to avoid unforeseen expenses and devote the appropriate proportion of the budget to each related necessity is what makes budgeting so crucial to project management.
The importance of setting a budget for project completion.Since it can help to save time and money throughout the project, a construction project's budget is essential. Once the building project has been correctly planned out, you will be able to take the required steps to ensure that it stays within the budget.
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approximately what percentage of large companies deliver a portion of their training online? group of answer choices 50% 40% 30% 60%
The approximate percentage of training hours delivered online is 30%
What exactly is a percentage?A percentage is a number or ratio expressed as a fraction of 100 in mathematics. The abbreviations "pct.", "pct.", and "pc" are also used to signify it, although the percent symbol, "%," is most commonly used. There are no dimensions or standard measurements for A%.
10% is a comparison number that represents one-tenth of any quantity. The hundredth component, one percent (symbolized as 1%), is represented as 100 percent, whereas 200 percent represents double the amount indicated.
A percentage is calculated by dividing an item by its total and multiplying the result by 100. (Price/Total Price) The formula for calculating percentages is 100%.
According to 2018 reports, the number of hours remitted online is 25.6%.
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when a company sells consumer goods, such as shampoo and lotion, it would be common for the company to use a
The practice of selling products at a price that is lower than the costs of production or purchase is known as selling below cost. This is done to gain market share and/or drive out competitors.
Cross-subsidization using profits from the sale of other products or deep pockets may contribute to the development of this practice.
What are the four components that make up a company's marketing mix?
The four Ps of marketing are another name for the marketing mix.It refers to a marketing strategy's four main components:product, cost, setting, and promotion.
How does a marketing mix work?
The four essential components of a marketing strategy are referred to as the marketing mix, also known as the four P's of marketing.product, cost, location, and promotion.
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florrie is trying to decide the best way to structure her marketing channel and asks you for an advantage to using a distribution center. what will you tell her?
Florrie is being advised to use the distribution center because the main thing is that the distribution center got very good storage and also thee an understanding of the same. This will help to structure her marketing channel.
What is the distribution Centre?A warehouse or other specialized structure that is filled with goods to be dispersed to retailers, wholesalers, or customers directly is referred to as a distribution center for just a set of products. Distribution centers frequently have refrigeration or air conditioning.
Distribution centers are much more akin to integrated logistics services that store, pick, pack, and ship goods to satisfy client requests – either to retail establishments or otherwise directly to individual customers. Online merchants and eCommerce businesses frequently use distribution facilities.
A warehouse for perishable goods is an instance of a distribution hub. Shipments will be delivered to them in the morning, and distribution will take place by the day's end.
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when an accounting change is made, what disclosures should be made in the notes to the financial statements?
Justification for the new method is needed when an accounting change is made, and disclosures should be made in the notes to the financial statements.
Financial statements are documents that describe a company's operations and financial performance. Government organizations, accounting companies, etc. frequently audit financial statements to guarantee accuracy and for tax, financing, or investing purposes. The balance sheet, income statement, statement of cash flow, and statement of changes in equity are the four basic financial statements for for-profit entities. A similar but distinct set of financial statements is used by nonprofit organizations.
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if a firm sold some inventory on credit as opposed to cash, there is no reason to think that either its current or quick ratio would change. if a firm sold some inventory on credit as opposed to cash, there is no reason to think that either its current or quick ratio would change. false true
There is no reason to believe that a company's current or quick ratio would change if it purchased some inventory on credit as opposed to cash, so this statement is untrue.
What is meant by quick ratio?The quick ratio gauges a company's ability to cover its short-term obligations without having to sell goods or seek for further funding. The fast ratio is viewed as a more cautious indicator than the current ratio, that counts only current assets for coverage for current liabilities. A company's ability to meet its short-term obligations with its most liquid assets is evaluated using the quick ratio, which also acts as a measure of the company's short-term liquidity position.
What causes quick ratio to increase?The following are three of the most popular techniques to raise the quick ratio: Boost revenue and inventory turnover: Discounting, more marketing, and staff incentives can all be utilized to boost sales, which will then enhance inventory turnover. A corporation has enough cash and cash equivalents to repay any debt payments that might become due in the next year or so if its quick ratio is high (any quick ratio over 1).
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The process at wheeled coach ambulance plant is a repetitive process supported by?.
Answer:
D. Work Cells
Explanation:
as a benefit to employees, genetech, one of fortune magazine’s "best companies to work for," pays employees while they work in volunteer endeavors outside of the company. with which of the responsibilities of ethical leadership does this benefit most align?
Ethical leaders take initiative, hold themselves accountable, and use their words and actions to influence both the present and the future.
What is ethical leadership?In order to lead ethically, one must exhibit behavior that is proper and acceptable in all spheres of one's life and serves the greater good. These three fundamental ethical characteristics make up it. Setting a good example for others is a virtue of a leader. As an ethical leader, it's critical to keep in mind that deeds frequently speak louder than words. People are more prone to evaluate someone based on their actions than their words. Ethical leaders can start to gain the respect of their peers by modeling and exercising the usage of moral, honest, and altruistic behavior to subordinates. A leader who respects people and demonstrates integrity may be more likely to have followers.
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describe analytics models and data that could be used to make good recommendations to the retailer. how much shelf space should the company have
Below are the analytics models and data that could be used to recommend appropriate shelf space to the retailer.
The data analysis and analytics models?Step 1: After removing seasonality and random fluctuations, ascertain the normal weekly sales volume of a product.
a time series of data
the amount of a product that is sold
utilizing exponential smoothing
Step 2: Make the most of the store's constrained shelf space for each product:
Information on the product's cost, unit surface area, overall store shelf space, name, and profit per unit sold are used. Using optimization models for data analysis
Step 3: Choose complementary products to bundle to increase sales of both products. Information on: Goods being sold, goods already purchased, and the use of K means clustering.
For the business to maximize sales or profit, a large amount of shelf space is required.
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The complete question is;
describe analytics models and data that could be used to make good recommendations to the retailer. how much shelf space should the company have, to maximize their sales or their profit?
Erick's TransitionErick is currently a manager of a small financial planning firm. He is seeking a new career with a large corporation in the banking industry. He recently applied for the financial manager opening at G & T Bank. He is concerned that the transition from his small firm to a large corporation will be difficult. To better prepare himself for this change, he has decided to enroll in a few business classes to strengthen his understanding of corporate finance. The business classes have proven to be a valuable tool for learning the critical skills needed to fully understand a financial plan, equity financing, and debt financing. Erick now believes he has strengthened his competitive advantage in his quest for the job.Refer to Erick's Transition. When Erick has to counsel clients on short-term versus long-term financing needs, which of the following should he identify as a short-term financing need?a.Speculative productionb.Replacement of equipmentc.Business start-up costsd.Acquisitions and mergerse.Expansion of facilities
The movement of money into and out of an organization.
Planned Income Statements Planned Balance Sheets and Cash Budgets are the primary tools used by financial managers to create and present financial plans. A financial manager's goal is to maximize shareholder wealth. Shareholders own the company, so that's the right target.
Financial managers formulate financial policies such as cash management and borrowing and make short-term and long-term funding decisions regarding debt and capital resources to optimize the use of financial resources. Financial reports detail profitability and financial stability. The most popular approach for most families is the DIY approach to financial planning.
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The political business cycle refers to: Multiple Choice there is more inflation during Democratic administrations than during Republican administrations politicians will use fiscal policy to enhance their chances of being reelected. incumbent politicians will be reelected regardless of the state of the economy. recessions coincide with election years.
The political business cycle refers to:
politicians will use fiscal policy to cause output, real incomes, and employment to be rising prior to elections.
What is political business cycle?
An alternate hypothesis called the political business cycle holds that when a government of whatever hue is elected, it initially implements a contractionary strategy to lower inflation and establish a reputation for economic competence.
General monetary and fiscal policy may also be impacted by politicians' reasonable preference for short-term political matters over macroeconomic analysis when formulating economic policy. Politicians will attempt to increase the equilibrium or natural rate of employment. Inflation and interest rates will therefore be greater than necessary.Reduced unemployment, economic growth, and benefits from increased government spending on public services are some of the short-term outcomes of expansionary monetary and fiscal policy.
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other things equal, what effects would each of the following have on aggregate demand or aggregate supply? in each case, explain the expected effects on the equilibrium price level and the level of real output. a. a reduction in the economy’s real interest rate. b. a major increase in federal spending for health care (with no increase in taxes). c. the complete disintegration of opec, causing oil prices to fall by one-half. d. a 10 percent reduction in personal income tax rates (with no change in government spending). e. a sizable increase in labor productivity (with no change in nominal wages). f. a 12 percent increase in nominal wages (with no change in productivity). g. a sizable depreciation in the international value of the dollar.
Effects would each of the following have on aggregate demand or aggregate supply are:
Aggregate demand will increase.
Aggregate demand will increase.
Aggregate supply will increase.
Aggregate supply will increase.
Aggregate supply will decrease.
What impact could this shift in combination deliver have at the charge degree and the extent of actual output? could upward thrust and actual output could decrease. AS curve shifts to the right; charge degree declines and actual output increases.
There are 3 simple motives for the downward sloping combination call for curve. These are Pigou's wealth effect, Keynes's interest-price effect, and Mundell-Fleming's exchange-price effect. These 3 motives for the downward sloping combination call for curve are distinct, but they paintings together.
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alan and bill have a written contract whereby alan agrees to sell bill a plot of land for $100,000. later, without terminating the first contract, the parties modify the deal so that alan sells bill the same plot of land for $125,000. the second agreement:
Is not a contract because there is no consideration for B's promise. Consideration is something that a promisor trades for their promise, such as a promise, performance, or forbearance.
What does legal consideration look like in practice?Consideration can be interpreted to be anything of value that is promised by one party to the other when entering into a contract. For instance, if A contracts to buy a car from B for $5,000, A's consideration would be the promise of $5,000, and B's consideration would be the promise of the car.
What are the three criteria to take into account?Important Factors to Consider
Consideration must satisfy the following requirements in order to constitute a legal contract: It must be something worthwhile to haggle over. It must be advantageous to all contracting parties. It must be a worthwhile item.
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