1) Break Even Level = FE - CMR950,000 = X /.3950,000 * 3 = 285,000 2) Variable Expense Ratio = 1 -.7CMR =.302 (fixed expenses) Profit = (CM ratio Sales) - Fixed expenditures of 44,000 = (.3 * X) - 285,000 = 800,000.
What does an expense ratio of 1% entail?The expense ratio is a yearly charge that is expressed in terms of your investment, or, as the name suggests, the proportion of your investment which goes towards to the fund's expenses. For every $1,000 you invest, a fund manager with a 1% cost ratio will charge you $10 annually.
What ratio of savings to expenses is ideal?Although experts used to recommend a minimum savings rate of 10%, they now recommend a saving increase of approximately to 15%. Divide this amount into 10percentage points for retirement & 5% for immediate savings, such as a trip. Alternatively, the rule can be stated as a proportion of 100:1 or 85:15, where you consume the first number and save the second..
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Standardized agreements to buy or sell a specified amount of currency at a date in the future at a pre-determined price are called_____.
Standardized agreements to buy or sell specified amount of currency at date in future at pre-determined price are called bonds.
What is a standardized agreement?A standardized contract, also referred to as a standard form contract, is an arrangement between two parties wherein one party establishes the terms and the counterparty has little to no flexibility in changing them. These "boilerplate" or "take it or leave it" contracts, which are most frequently used in business-to-consumer transactions, enable the widespread distribution of goods and services. Standard form contracts are frequently used, despite the fact that it may seem unfair to give the counterparty no room for negotiation. It's possible that you have already signed a number of agreements when making purchases of goods or services in your daily life. Standardized agreements help keep transaction costs down and do away with the need to haggle over terms with each customer a company deals with. They may, however, be misused and used to deceive customers if they are employed improperly.
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efua apeatsewa deposits $4,500 cash into her checking account. the reserve requirement is 21%. what is the change in his bank's excess reserves?
The change in his bank's excess reserves $3,871.
What is checking account?You can open a checking account with a physical bank, an internet bank, or a credit union. Checking accounts are a form of deposit account. A checking account makes it simple to access your money for daily transactions while also keeping it safe. Typically, clients can use a debit card or a check to pay their bills or make purchases. Different methods may be available for accounts to prevent possible the monthly service charge.
Debit cards are a particular kind of payment card that make it simple to make safe and simple payments both offline and online. Debit cards are different from credit cards in that the associated funds are taken straight out of an account, as opposed to being borrowed and paid back later.
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using technology to transform a market or to create an entirely new market is called creating a(n) innovation.
A disruptive innovation is one that uses technology to change an existing market or to create a brand-new one.
What exactly is a market?A market is a meeting ground for consumers and sellers where they can trade. Market system explains how different companies are categorized and achieve the particular on how fiercely and in what ways they compete with one another for customers' services and goods. The black market, the auction market, and the financial sector are more examples.
What kind of market is most typical?Oligopoly & monopolistic competition are the two kinds of market structures that are most prevalent. There are only a few companies in an oligarchy, and each one is aware of its competitors. Airlines and automakers are two examples of oligopolistic industry.
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A hiking boot’s profits are declining because new competition has entered the market, but its cost has also declined due to increased volume of production. What stage of the product development life cycle is the hiking boot in?.
Maturity – In the maturity stage, income gradual down, indicating that the market has begun to reach saturation.
This is also one of the tiers of the product lifestyles cycle when pricing will become competitive. This makes the earnings margins thinner.
What is a key characteristic of the maturity stage?The mature stage's primary characteristic is that income volumes are nevertheless developing but at a slower rate. The nearer to the end of the mature, the slower will be the boom in sales volume. Competition for market share and clients is additionally greater intense
Companies are all examples of organizations in the maturity stage. They are well known, trusted, and proceed to maintain a high market share in their industries.
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https://brainly.com/question/12074531#SPJ4Which of the following best defines an interpersonal relationship in which one individual (or group) has the ability to cause another individual (or group) to take an action that would not be taken otherwise?Group of answer choicesAttitudeExpertiseType: MCLeadershipPowerMotivation
A power is best defined as an interpersonal relationship in which one individual (or group) has the ability to cause another individual (or group) to take an action that would not be taken otherwise. The Option D is correct.
What does power mean?In social science, power refers to the social production of an effect that determines the capacities, actions, beliefs or conduct of actors. It does not exclusively refer to the threat or use of force (coercion) by one actor against another, but may also be exerted through diffuse means (such as institutions).
A power take structural forms, as it orders actors in relation to one another (such as distinguishing between a master and a slave) and discursive forms, as categories and language may lend legitimacy to some behaviors and groups over others.
An authority is often used for power that is perceived as legitimate or socially approved by the social structure. A power can also be seen as good and as something inherited or given for exercising humanistic objectives that will help, move and empower others as well.
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a small pastry business is in the process of creating ads within their display campaign. they find that there are two main ad formats that they can use. what are the two main ad formats used in a display campaign? choose two.
Advertising is defined as mass communication used to sell or promote a good or service. With the intention of getting the consumer to think.
agree, act, or behave in accordance with the advertiser's wishes, advertising is a controlled mass communication medium of selling art . Industrialization has become synonymous with development today. Due to increase in production, it has become necessary that not only the produced goods should be delivered to the consumer, but he should also be informed about that commodity. Advertising is defined as mass communication used to sell or promote a good or service. With the intention of getting the consumer to think, agree, act, or behave in accordance with the advertiser's wishes, advertising is a regulated mass communication medium of selling art.
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Elasticity of supply is greater in the long run than in the short run because
1. Business owners have more time to expand factories and buy equipment
2. Consumers have more time to compare quality and prices of products
3. More competitors are able to enter the industry
The elasticity of supply is more significant in the long run than in the short run because business owners have more time to expand factories and buy equipment.
The supply tends to be more elastic in the end than in the short run because it usually takes time for producers to modify their output in reaction to charge modifications. You just studied 5 terms.
Inside the quick run, the fee of potatoes falls beneath $6, possibly to $4. in the long run, it rises a bit, perhaps to $5. Think a monopoly is earning positive economic profits because of technological exchange, the monopoly's expenses fall.
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on january 2, 20x1, the blue legal clinic issued check 2108 for $430 to establish a petty cash fund. indicate how this transaction would be recorded in a general journal.
The journal entry for establishing petty cash fund will be- Debit Petty cash fund account ($430), credit cash account ($430).
A petty cash fund is a nominal amount of company money that is frequently kept on hand (for example, in a secured drawer or box) to cover unimportant or trivial expenses like office equipment or worker reimbursements.
Periodic reconciliations of a petty cash fund are performed, and transactions are also noted just on financial statements. Each department may possess its own petty cash fund in bigger companies. Petty cash funds can be used to get around some internal control systems. Petty cash is available, but that doesn't imply everybody can utilize it for everything they require. Strict control activities are used by many companies to manage the fund.
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a stock has a beta of 1.20, the expected return on the market is 10 percent, and the risk-free rate is 4.1 percent. what must the expected return on this stock be? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
If a stock has a beta of 1.20, the expected return on the market is 10 percent, and the risk-free rate is 4.1 percent. The expected return on this stock is :11.18%.
How to find the expected return?Using this formula to find the expected return
Capital Asset Pricing Model = Expected Return = Risk free rate + Beta [Return on market]
Rs = Rf + B(Rm - Rf)
Let plug in the formula
Rs = 4.1% + 1.20 x (10% - 4.1%)
Rs = 4.1% + 7.08%
Rs = 11.18%
Therefore the expected return is 11.18%.
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in an internal investigation, it is important to communicate to employees that it is against policy to destroy or remove any documentation from a patient’s medical record. document reviews can be extensive and may involve which of the following? i. emails ii. notes iii. mobile phone calendars a. i, ii, and iii b. ii and iii only c. i and ii only d. i and iii only
Document reviews can be extensive and may involve emails, notes, mobile phone calendars.
Which records the health care services given to a patient and includes the patient's characteristics and medical history to enable continuity of care?A Continuity of Care Record, like any personal health record (PHR), includes details about the patient's demographics, insurance and healthcare provider information, medication lists, allergies, and recent medical procedures, among other things.
Who is the true owner of the original, paper copy (or digital copy) of the medical record?The medical provider, practice, or institution that created the record is the owner of the medical records in the states that are governed by federal regulations. Since the information in a medical record pertains to a specific individual, the patient has traditionally been deemed to own it.
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the convention nominating system worked better in theory than in practice because it resulted in the selection of delegates
The convention nominating system worked better in theory than in practice because it resulted in the selection of delegates.
Grant authority to someone as part of a delegation. For example, a hotel manager asks a front desk clerk to run the hotel for a few hours with the authority to make decisions about customer inquiries and complaints.
State representatives go to the national convention to cast votes and confirm the selection of candidates. However, if no candidate wins a majority at the primaries and caucuses, Congressional representatives will elect that candidate. This is done through an additional voting round.
The delegated leadership style is a low task and relationship behavioral leadership approach in which the leader empowers individuals to exercise autonomy. Applying this approach means showing individuals the big picture and trusting them to deliver agreed-upon outcomes.
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a contract must be in writing to be enforceable if its performance is not likely within a year of its formation, even if that performance is possible. group of answer choices false true
A contract must be in written form for being enforceable, where the activities involved under the contract are to be performed over a period exceeding at least one year. Therefore, the statement given above is true.
A contract can be referred to or considered as a legal agreement enforceable by law. Each contract is such that it involves the engagement of at least two parties.
A contract can be in writing or oral form. However, when there is a condition of performance of activities in a contract that exceeds a period of one year, then such contract must be written and documented.
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which of the following five scenarios illustrate markets in action? (i) you rent a book at the university bookstore. (ii) you bargain at a street stall. (iii) you mow your own lawn. (iv) you get a manicure at a nail salon. (v) you grow your own vegetables and consume them yourself. (i), (ii), and (iii) (iii) and (v) (i), (iii), and (v) (i), (ii), and (iv)
Borrowing books at the university bookstore, haggling at the stalls, buying manicures at the nail salon, they all work at the market.
In open markets, prices are free to move in response to changes in supply and demand, redistributing resources to the most valuable uses. Market equilibrium, a state of equal supply and demand, results from predictable responses of buyers and sellers to price incentives.
Manufacturers, wholesalers, and retailers all sell and purchase goods on markets. Stores, malls, and the internet are a few examples of this. The phrase may also be used to describe a big group of people that buy products or services. Usually, market players engage in rivalry with one another.
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Stimulating BLANK demand, which is demand for the product class rather than a specific brand, if frequently the objective of promotions at the introduction stages of the product life cycle.
At the introduction stage of the product life cycle, the primary objective of promotions is to increase demand for the product class as a whole.
What is Primary objective?
The primary goal of a project or activity is its overall goal. It is the most important thing that must be accomplished in order to be successful. Depending on the scope of the project or activity, it can be short-term or long-term. One of the primary goals is to reduce or eliminate problems while also promoting successful personal development. The Cambridge English Corpus was used. This method keeps one primary goal and treats the remaining goals as constraints.
Promotions also aim to increase overall demand for the product class, making it more attractive to retailers and distributors. This can include discounts, contests, and other incentives
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which of the following is not true? gantt charts . a. force project managers to think in detail about the project’s requirements b. are simple and easy to understand c. show the critical path d. do not display the precedence requirements of individual tasks
Force project managers to think in detail about the project’s requirements is not true.
Force field analysis is a decision aid that identifies the strengths and weaknesses of a decision. It's an essential tool for project managers and executives, and basically anyone who needs to fully understand the underlying issues before making big decisions. It's very easy.
In his 2017 report published by Harvard Business Review, he categorized project manager personalities into his four types: doer, prophet, expert, and player[2]. Knowing how you and other project managers work can help you identify the best project management style for each situation.
Creation of goals, tasks, and development plans for Salesforce projects. Communicate with clients and management on schedule, costs and project goals. He leads a team of developers and consultants in the development of Salesforce projects.
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when the fed increases the money supply, the interest rate decreases. this decrease in the interest rate increases consumption and investment demand, so the aggregate-demand curve shifts to the right. a. true b. false
when the fed increases the money supply, the interest rate decreases. this decrease in the interest rate increases consumption and investment demand, so the aggregate-demand curve shifts to the right.
This statement is TRUE.
The total quantity of demand for all finished products and services generated in an economy is measured as aggregate demand. The total amount of money spent on those goods and services at a particular price level and time is known as aggregate demand.
What Elements Affect Aggregate Demand?1) Effect of net exports. Since domestic goods become comparatively more expensive as domestic prices rise, demand for exports declines while import demand rises.
2) Real Balances,
3) the impact of interest rates
4) inflation expectations
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sara paid $175,000 for her house in 2013 and sold it for $325,000 in 2021. what function did the house serve during the time she owned it?
M1 money provide consists of those monies that are very liquid such as cash, checkable (demand) deposits, and traveler's tests M2 cash supply is much less liquid in nature and consists of M1 plus savings and time deposits, certificates of deposits, and money market funds.
What is M1 definition and calculation?The M1 category constitutes the most liquid part of the forex circulation and encompasses the monetary base. Therefore, the formulation is as follows: M1 = cash and currency in circulation + checkable deposits + traveler's checks. Another way of writing it is, M1 = M0 + Demand Deposits.
What are three kinds of economic accounts the place you can earn activity on your money?In general, interest-earning bills are low danger when in contrast to investments such as stocks, however the returns are lower. You can pick from a range of different sorts of bills which include financial savings accounts, CDs, cash market funds, Treasury bills, and bonds.
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https://brainly.com/question/12654446#SPJ4if resource demand varies widely over the life of the project, the project manager can try to use slack (delaying noncritical activities) to accommodate insufficient resources. this process is called .
If resource demand varies widely over the life of the project, the project manager can try to use slack (delaying noncritical activities) to accommodate insufficient resources. this process is called resource smoothening.
Resource smoothing takes place when time constraint takes priority. The main objective is to complete the given task by the required date while avoiding any difficulty that come across during the whole process.
Resource smoothing is also a management technique that tells about project's critical tasks. For example, If you have a project with four steps. but according to you it can be completed in a minimum of three days, but your client needs the project done in two days.
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which personnel policy should todd put into place to be able to: a.be able to carry out fraudulent investigation activity into reports of discrepancy in assets stored in the bank vault.
Be able to carry out fraudulent investigation activity into reports of discrepancy in assets stored in the bank vault.
In arithmetic, a chain (s1, s2, s3, ...) of actual numbers is stated to be equidistributed, or uniformly allotted, if the share of phrases falling in a subinterval is proportional to the length of that subinterval. Such sequences are studied in Diophantine approximation theory and have packages to Monte Carlo integration. for instance, if a chain is equidistributed in [0, 2], since the interval [0.5, 0.9] occupies 1/five of the length of the c programming language [0, 2], as n turns into huge, the percentage of the primary n individuals of the collection which fall between zero.five and zero.nine must approach 1/5. Loosely talking, one could say that every member of the series is similarly probably to fall anywhere in its variety.
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please conduct mrp (material requirements planning) under lot-size ordering with a lot size of 90 units for frames and 75 units for wood sections. note: please download and complete the mrp sheet attached(mrp exam template single template.xlsx download mrp exam template single template.xlsx), and upload your completed mrp sheet for your answer. each shutter consists of three slatted wood sections and two frames a firm that produces wood shutters has received two orders: one for 150 shutters (week 5) and one for 180 shutters (week 9) the wood sections are made by the firm, and fabrication takes 2 weeks the frames are ordered, and lead time is 1 week assembly of the shutters requires 1 week there is a scheduled receipt of 85 wood sections in (i.e., at the beginning of) week 1.
Material requirements/necessities planning (MRP) is a system for calculating the substances and elements needed to manufacture a product.
It consists of three main steps: taking inventory of the materials and factors on hand, figuring out which additional ones are wanted and then scheduling their manufacturing or purchase.
What is the importance of material requirement planning?When executed correctly, cloth requirements planning helps to ensure that there are ample materials and factors handy for production. It also helps to decide how a whole lot finished items and through what date will be available for transport to the customer.
The three simple inputs of an MRP gadget include the Master Production Schedule (MPS), Inventory Status File (ISF), and Bill of Materials (BOM).
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https://brainly.com/question/15176279#SPJ4this type of industry is economically efficient: group of answer choices oligopoly monopoly more than one of these is correct monopolistic competition perfect competition
This type of industry is economically efficient: perfect competition market.
Perfect competition occurs in economic theory when all companies sell identical products, market share has no effect on the price, companies can enter and exit without barriers, buyers have perfect or full information, and companies cannot determine prices.
A perfectly competitive firm is referred to as a price taker because the pressure of competing firms forces them to accept the market's prevailing equilibrium price. In a perfectly competitive market, if a company raises the price of its product by even a penny, it will lose all of its sales to competitors.
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bartleby’s office supplies has large stores resembling warehouse environments, with racks stocked from floor to ceiling with different types of office supplies. its assortment is the largest in town, and its prices are low. bartleby’s is a(n)
Bartleby become an electronic textual content archive, based in l. a. and named after Herman Melville's tale "Bartleby, the Scrivener." It became based on the name "challenge Bartleby" in January 1993 as a collection of conventional literature at the net website online of Columbia College.
Characterized as a symbolic fable of self-isolation and passive resistance to the ordinary, "Bartleby, the Scrivener" is famous for the decremental extinction of the human spirit. the name Bartleby is a boy's name which means "son of the furrow". Bartleby (it is his final name) the Scrivener is a Herman Melville person whose rather effective refrain was, "I might decide upon no longer to." Or, in the immortal words of any -twelve months-antique
Bartleby is recognizable as an artist and the text offers a clean account of autistic behavior. The narrator's descriptions of Bartleby time and again echo the 'triad of impairments (conversation, creativeness and socialization) primary to any definition of autism. In keeping with the spirit of Yankee studies, this newsletter engages in an interdisciplinary examination of Herman Melville’s quick story, “Bartleby, the Scrivener: A Story of Wall road” (1853). employing a large literary-important-ancient method that still includes cultural and social principles,I sociohistorically contextualize “Bartleby” and exhibit how this stylistically modern brief tale anticipated later works of modernist, existential, and postmodern literature. Now across the world-renowned as a traditional of yank literature, “Bartleby” is of the hobby not best for its traditionally innovative style—which continues to resonate with modern-day readers—but additionally for how it potentially serves as Melville’s self-reflexive meditation on his then declining literary profession.
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considering the business systems model, what are five key issues that iuiga must address in order to be a flourishing system?
Considering the business systems model, the five key issues that Iuiga must address to be a flourishing system are accounting systems and processes, inventory management, customer relationship management, point of sale processes, and payroll systems and processes.
The system helps business organizations to achieve their goals. A business system is a combination of policies, personnel, equipment, and computer facilities to coordinate the activities of a business organization. It establishes the rules and procedures of that organization, which are to be governed. The business system decides how data must be handled and is methodically processed. It also controls the procedures of the processed data and the results to be displayed.
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bargeron corporation has a target capital structure of 75 percent common stock, 5 percent preferred stock, and 20 percent debt. its cost of equity is 10.9 percent, the cost of preferred stock is 7.1 percent, and the pretax cost of debt is 5.8 percent. the relevant tax rate is 21 percent. what is the company's wacc?
The company's WACC with relevant tax rate is 10.36%.
What is WACC?The rate a business is anticipated to charge on the average to all of holders of its securities in order to fund its assets is known as weighted average cost of capital (WACC). Commonly referred to as the firm's cost of capital, the WACC. The WACC is the minimal rate of return a company must generate on its base of current assets in order to pay off its debts and maintain the confidence of its owners, creditors, and other capital sources. If not, these parties will look for alternative investments. The predicted returns on various securities, which stand for various financial sources, vary. Each capital structure component's relative weights are taken into account while calculating the WACC. Calculating WACC becomes more difficult the more complicated the company's capital structure is.
WACC=Respective cost * Respective weight
WACC =(0.6513)+(0.16)+(0.25*5.25)
WACC =10.36%.
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during and in the aftermath of the financial crisis of 2007-2009, planned investment fell substantially, despite significant decreases in the real interest rate. which of the following factors related to the planned spending function could explain this? (check all that apply.) a. an increase in financial frictions. b. a decrease in the marginal propensity to consume. c. a decrease in autonomous net exports. d. a decrease in firms' planned autonomous investment.
The following factors related to the planned spending function could be :-
A decrease in firms' planned autonomous investment and An increase in financial frictions.
Autonomous investment is the portion of the overall funding made via a central authority or different institution independent of monetary issues. those can encompass authorities investments, funds allocated to public goods or infrastructure, and any other type of investment that is not dependent on modifications in GDP.
Autonomous investment is investment Spending that doesn't rely upon the extent of real GDP, or Y.
Autonomous investments encompass stock replenishment, government investments in infrastructure projects including roads and highways, and other investments that keep or enhance a rustic's economic ability.
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inverse condemnation occurs when an owner simply gives private property to the government without accepting any compensation. true false
false When a landowner voluntarily transfers ownership of their property to the government without receiving payment, this is known as inverse condemnation. Zoning regulations control how land is developed and used.
Which of the subsequent represents an instance of inverse condemnation?Inverse When the government seizes private property without providing the just compensation required by the Fifth amendment to the US constitution, the scenario is referred to as condemnation. The owner must then sue the government for compensation.
Which of the subsequent represents an instance of inverse condemnation?When the owner of a house or business is compensated for the seizure of their property at fair market value but claims the damage to the property is worth more, this is known as inverse condemnation.
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you have applied for an internship with norine pharmaceuticals. you have made it through the initial résumé reviews and screening interviews. the norine recruiter contacted you and scheduled an interview for today. you arrive at the interview location and receive your interview schedule. when you review the schedule, you see that you have four interviews scheduled back-to-back with four different employees. each interview will run 30 minutes for a total of 2 hours. what type of interview is described in the scenario?
Begin by providing the interviewer with some background and an explanation of the story's setting.Task: Discuss your role in the story
Action: Describe what you did to fulfill your responsibilities or how you handled the situation.
Which types of interviews are there?
A formal meeting to assess a candidate's qualifications for a particular position is known as a job interview.A case interview is one type of job interview in which the candidate is given a question, task, or challenge and asked to solve it.
What do scenarios-based questions mean?
You are required to provide a response to a hypothetical situation in the future in response to scenario-based questions.When scenario-based questions are asked, employers look for particular kinds of answers.Instead of having you recite learned responses from memory, they are attempting to record your thought processes.
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you bought some shares of stock and, over the next year, the price per share increased by 5 percent, as did the price level. before taxes, you experienced question 19 options: both a nominal gain and a real gain, and you paid taxes on the nominal gain. both a nominal gain and a real gain, and you paid taxes only on the real gain. a nominal gain, but no real gain, and you paid taxes on the nominal gain. a nominal gain, but no real gain, and you paid no taxes on the transaction.
b- a nominal gain, but no real gain, and you paid taxes on the nominal gain.
Over the course of the next year, after you purchased some stock, the price per share and the total price level both rose by 5%. You had a nominal gain but no real gain prior to paying taxes, and you had to pay taxes on the notional gain.
A tax is a necessary fee or financial charge that a government imposes on a person or a business in order to raise money for public projects like building the greatest infrastructure and services. Different public spending initiatives are then funded with the funds that have been raised.
According to the established legislation, it will attract harsh repercussions if one does not pay taxes or refuses to participate.
Different Taxes
There are numerous highly popular tax kinds, including:
Money tax is a portion of income earned that is given to the state or federal government.
Employers withhold a portion of an employee's compensation as payroll tax, which is then paid to the government on the employee's behalf to support Medicare and Social Security services.
Corporate tax is a portion of corporate profits that the government withholds as revenue to support federal programs.
Taxes imposed on specific goods and services known as sales tax; varies by jurisdiction.
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true or false: all else equal, the use of unique supplies and technology by the subsidiary will make a host government takeover more likely.
The following Statement "all else equal, the use of unique supplies and technology by the subsidiary will make a host government takeover more likely' is True.
Government is a system or group of people that governs an organized community, usually a state. In the case of its broad association definition, government usually includes the legislative, executive, and judicial branches. Government is the vehicle by which an organization's policies are enforced, as well as a mechanism for policy determination.
In many countries, government has some sort of constitution, which states its guiding principles and philosophy. Although all types of organizations have governance, the term government is often used more specifically to refer to about 200 independent national governments and their subsidiary organizations.
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an increase in which one of the following will have a negative effect on the price of a call option? a. underlying stock price b. time remaining to option expiration c. option strike price d. volatility of the underlying stock price
An increase in option strike price will have a negative effect on the price of a call option.
The strike price of an choice is the charge at which a put or name alternative may be exercised. It's also known as the exercising price. choosing the strike rate is one of two key decisions an investor or trader have to make whilst choosing a specific option.
Name options with better strike fees are usually less steeply-priced than people with lower strike costs as it'll take a larger fee circulate within the underlying market for them to be at the cash.
If an investor buys both a call and a put for the identical strike charge at the equal expiration date, they have entered into a straddle position.
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