Swirlpool, Inc. has a WACC of 11%, cost of debt of 8%, and a cost of equity of 12%. What must the debt-to-equity ratio be if the firm pays no tax?

The answer is B. The employer no longer wants to maintain the plan.

Under the Employee Retirement Income Security Act (ERISA) and other applicable laws, employers have the authority to terminate a qualified retirement plan under certain circumstances. However, not all reasons for termination are acceptable. Let's examine each option:

A. Financial hardship or inability to meet the financial obligations of the retirement plan is generally considered an acceptable reason for terminating a qualified retirement plan. If the employer is unable to make further contributions, it may lead to plan termination.

B. This reason is not an acceptable justification for terminating a qualified retirement plan. ERISA requires that retirement plans be offered to all eligible employees on a nondiscriminatory basis. An employer cannot terminate a plan solely because it must extend coverage to other employees beyond themselves.

C. If the plan benefits are deemed to be too small or participants' ability to make deductible Individual Retirement Account (IRA) contributions is limited, this could be a valid reason to terminate a qualified retirement plan. However, it is essential to ensure compliance with all applicable laws and regulations.

D. An employer's desire to switch plan designs to reduce costs and simplify administration is generally an acceptable reason for terminating a qualified retirement plan. Employers have the flexibility to modify or change retirement plan designs based on their business needs, as long as they comply with applicable regulations and properly communicate with plan participants.

So, all the options presented except option B can be acceptable reasons for an employer to terminate a qualified retirement plan. Option B, which pertains to an employer's preference to exclude other employees from the plan, does not align with the non-discrimination requirements of ERISA and is therefore not an acceptable reason for plan termination.

Learn more about ERISA here:

https://brainly.com/question/8656779

#SPJ11

The combined ROI (Return on Investment) for the entire company can be calculated by dividing the total profit by the total investment.

In this case, since the question states that the company will perform the same as last year, we can assume that the profit will remain constant. Therefore, to find the combined ROI, we need to determine the total investment.

The fixed expenses mentioned in the question, which are $653,400, represent part of the company's total expenses.

However, to calculate the total investment, we need more information. Specifically, we need to know the company's variable expenses and the revenue it generates.

Without this information, we cannot provide an accurate calculation of the combined ROI. To get a more precise result, we would need details on the company's variable expenses and revenue, along with any other relevant financial data.

In summary, without additional information about the company's variable expenses and revenue, we cannot calculate the combined ROI accurately.

Learn more about Return on Investment from the given link!

https://brainly.com/question/11913993

#SPJ11

Salespeople sometimes refer to these subordinates as "gatekeepers."

The term "gatekeepers" is commonly used by salespeople to refer to the subordinates who act as intermediaries or assistants for busy executives. These individuals are responsible for managing the executive's schedule, including planning and scheduling interviews, meetings, and appointments.

It signifies their role in controlling access to the executive by screening and managing incoming requests and inquiries. Salespeople often encounter these gatekeepers when attempting to secure a meeting or appointment with the executive to pitch their products or services.

Gatekeepers play a crucial role in filtering and prioritizing requests to ensure that the executive's time is utilized effectively. They act as a buffer between the executive and external parties, including salespeople, to manage the executive's availability and protect their time from unnecessary interruptions.

Salespeople often develop strategies and techniques to build rapport and establish a positive relationship with gatekeepers. They understand that gaining the trust and cooperation of these individuals can increase their chances of successfully reaching the executive and securing a meeting.

So, the term "gatekeepers" refers to the subordinates who assist busy executives in managing their schedules and controlling access to them.

Learn more about gatekeepers here:

https://brainly.com/question/30754276

#SPJ11

Based on the given information, we can infer that the majority of customers who returned items to AVX Home Entertainment, Inc. had a positive reaction to the "no-hassles" return policy.

Out of the 500 customers surveyed:
- 400 customers thought the policy was fair.
- 32 customers thought it took too long to complete the transaction.
- The remaining customers had no opinion.
Since the question does not provide the exact number of customers who had no opinion, we can calculate it by subtracting the number of customers who thought the policy was fair and the number of customers who thought it took too long from the total sample size:
500 - 400 - 32 = 68

Therefore, 68 customers had no opinion about the new policy.
Based on this information, we can infer that the majority of customers who returned items had a positive reaction to the new policy. The fact that 400 out of the 500 surveyed customers thought the policy was fair suggests that the "no-hassles" return policy is generally well-received.  

To know more about Entertainment visit:-

https://brainly.com/question/33473439

#SPJ11

According to given graph existence of "minimum-wage" in market for "low-skilled" workers results in : increase in wages but lower employment.

Based on graph, existence of "minimum-wage" in market for low-skilled workers results in increase in wages but lower employment. This occurs because the minimum wage sets a price floor above the equilibrium wage rate.

As a result, employers are required to pay higher wages, which benefits the workers. However, higher wage rate may lead to reduced demand for low-skilled workers as employers may find it more costly to hire them. This can result in fewer job opportunities and lower employment levels in the market.

While some workers benefit from higher wages, others may experience unemployment or reduced working hours due to higher costs for employers.

Learn more about Market here

https://brainly.com/question/33095213

#SPJ4

To design another experiment that could potentially answer the same research question, follow below mentioned steps.

1. Clearly define the research question: Identify the specific question you want to investigate.

For example, if the research question is "Does caffeine consumption affect concentration levels?", restate it clearly.
2. Identify variables: Determine the independent and dependent variables.

In this case, the independent variable is caffeine consumption, and the dependent variable is concentration levels.
3. Formulate a hypothesis: Based on existing knowledge or assumptions, propose a hypothesis that states the expected relationship between the variables.

For instance, "Increased caffeine consumption will lead to improved concentration levels."
4. Choose a sample: Determine the population you wish to study and select a representative sample. Ensure the sample size is appropriate for statistical analysis.
5. Randomly assign participants to groups: Divide the sample into experimental and control groups.

The experimental group receives caffeine, while the control group does not.
6. Control extraneous variables: Minimize any factors that could influence the results, such as noise, lighting, or distractions in the environment.
7. Administer the experiment: Have participants consume caffeine or a placebo under controlled conditions.

Use standardized tests to measure concentration levels.
8. Collect data: Record the concentration levels of participants in both the experimental and control groups. Ensure the data collection is consistent and reliable.
9. Analyze the data: Use appropriate statistical methods to analyze the collected data and determine if there is a significant difference in concentration levels between the groups.
10. Draw conclusions: Based on the results, determine if the hypothesis is supported or rejected.

Discuss any limitations or areas for further research.
Remember to adapt the experiment design based on the specific research question and available resources.

Learn more about research question:

https://brainly.com/question/27824868

#SPJ11

Nearly 85 percent of all PAC contributions go to the incumbents. The answer is option d.

PACs, or Political Action Committees, are organizations that raise money to support political candidates and campaigns. Incumbents are politicians who are currently holding office and running for re-election.

PACs often donate money to incumbents because they have a higher chance of winning the election compared to challengers.

Incumbents have already established themselves in office, have name recognition, and often have a strong base of supporters.

By donating to incumbents, PACs hope to gain influence and access to those in power, which can benefit their specific interests and goals.

Therefore, the correct answer is option d, 85 percent. This means that a large majority of PAC contributions go to incumbents.

To know more about election visit;

https://brainly.com/question/11185151

#SPJ11

When a highly attractive target market becomes unattractive, firms should focus on reassessing their market positioning and adapting to changing conditions to regain competitiveness and identify new growth opportunities.

If a highly attractive target market, in which a firm holds a medium strength position, becomes unattractive, the most appropriate strategic focus for the firm would be to reassess and adapt its market positioning. This involves analyzing the reasons why the market has become unattractive and making necessary adjustments to regain competitiveness. Here is a step-by-step explanation:
1. Identify the reasons for the market's decline in attractiveness. This could be due to changes in consumer preferences, increased competition, or shifts in market dynamics.
2. Evaluate the firm's current position within the market. Assess its strengths and weaknesses, as well as its ability to adapt to changing market conditions.
3. Determine if the decline in market attractiveness is temporary or long-term. This will influence the strategic focus and urgency of the firm's actions.
4. Explore alternative market segments or niches that may offer better opportunities for growth and profitability. This could involve targeting new customer segments, diversifying products or services, or expanding into new geographical markets.
5. Develop a comprehensive plan to reposition the firm within the market. This may include refining the value proposition, improving product offerings, enhancing customer experience, or adopting innovative marketing strategies.
6. Implement the plan and monitor its effectiveness. Regularly review and adjust strategies based on market feedback and performance metrics.
In conclusion, when a highly attractive target market becomes unattractive, firms should focus on reassessing their market positioning and adapting to changing conditions to regain competitiveness and identify new growth opportunities.

To know more about regain competitiveness visit:

https://brainly.com/question/6179807

#SPJ11

The short fold in the hose close to the coupling that keeps the hose properly oriented is called a loop.

The loop helps to prevent kinks and twists in the hose, ensuring a smooth flow of water or whatever fluid is being conveyed through the hose.
By creating a loop in the hose near the coupling, the hose is able to maintain a straight path and avoid any sharp bends or curves that could restrict the flow or cause damage to the hose. This is especially important when using hoses for tasks such as gardening, watering plants, or using them with certain machinery or equipment.
Imagine a garden hose connected to a spigot with a nozzle attached at the other end. If you were to just let the hose hang freely, it might bend or kink near the connection points, obstructing the water flow and potentially causing damage to the hose over time. However, by folding the hose in a short loop close to the coupling, you create a smooth arc that helps to keep the hose aligned and prevent any unwanted kinks or twists.
In summary, the short fold in the hose close to the coupling that keeps the hose properly oriented is called a loop. This loop helps to maintain a straight path for the fluid being conveyed through the hose and prevents kinks or twists that could hinder the flow or damage the hose.

To know more about loop visit:
https://brainly.com/question/14390367
#SPJ11

A recruiting agency that charges clients based on the time they spend recruiting rather than charging based on each person they hire is known as a retained search firm.

A retained search firm is a type of recruiting agency that provides a specialized service to clients who need help finding top-level executives or other highly qualified candidates. Instead of charging a fee for each individual they place, retained search firms charge clients based on the time and effort they spend on the recruitment process.

Retained search firms typically work on exclusive assignments and are hired to fill critical positions within an organization. They conduct extensive research, identify potential candidates, and often handle the entire recruitment process, from sourcing to candidate assessment and final selection.

By charging clients based on the time they spend, retained search firms ensure that they can dedicate sufficient resources to finding the most suitable candidates for their clients' specific needs. This approach allows the agency to focus on quality rather than quantity, as their fee is not tied to the number of hires they make.

A recruiting agency that charges clients based on the time they spend recruiting rather than charging based on each person they hire is known as a retained search firm.

These firms specialize in finding top-level executives and other highly qualified candidates, and their fees are based on the effort and resources they invest in the recruitment process.

To know more about recruitment process visit:

https://brainly.com/question/33051763

#SPJ11

Under the Trump administration, the United States withdrew from the Paris Accord, an international agreement to prevent climate change.

The Paris Accord, also known as the Paris Agreement, was adopted in December 2015 during the United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP 21).

The agreement aimed to address the urgent need to combat climate change by limiting global warming to well below 2 degrees Celsius above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5 degrees Celsius.

It called for countries to submit their voluntary emission reduction targets, known as nationally determined contributions (NDCs), and to regularly report on their progress.

However, on June 1, 2017, President Donald Trump announced the United States' withdrawal from the Paris Accord, citing concerns over potential economic disadvantages and a belief that the agreement disadvantaged American businesses and workers.

The withdrawal process formally began on November 4, 2019, and took effect on November 4, 2020, making the United States the only country to have withdrawn from the agreement.

The decision to withdraw from the Paris Accord was met with widespread criticism from the international community and environmental activists who argued that it undermined global efforts to combat climate change. Many other nations reaffirmed their commitment to the agreement and pledged to continue their efforts to reduce greenhouse gas emissions.

In subsequent years, there have been efforts to reengage the United States in the Paris Accord. Following the 2020 presidential election, President Joe Biden signed an executive order to rejoin the agreement on his first day in office, signaling the United States' renewed commitment to addressing climate change on a global scale.

Overall, the withdrawal of the United States from the Paris Accord under the Trump administration had significant implications for global climate action and cooperation, but subsequent administrations have worked to reestablish the country's involvement in combating climate change through international agreements and domestic policies.

For more question on international agreement visit:

https://brainly.com/question/32661338

#SPJ8

Owner, capital is a separate account in the equity category of the accounting equation. In accounting, the accounting equation represents the fundamental relationship between a company's assets, liabilities, and equity. The equation is: Assets = Liabilities + Equity.

Equity is the residual interest in the assets of a company after deducting liabilities. It represents the owner's claim to the company's assets. Owner's capital is a specific account within the equity category that reflects the initial investment made by the owner into the business. To illustrate this, let's consider an example:

Suppose Sarah starts a small business by investing $10,000 of her own money. This investment is recorded in the owner's capital account, which is part of the equity category of the accounting equation.

The accounting equation would be:
Assets = Liabilities + Owner's Capital
$10,000 (Owner's Capital) = $0 (Liabilities) + $10,000 (Owner's Capital)

As you can see, the owner's capital is a separate account in the equity category of the accounting equation. It represents the owner's initial investment and can change over time as the business generates profits or incurs losses.

To know more about capital visit:

https://brainly.com/question/32408251

#SPJ11

In order to represent cash flow using the symbol A, the cash flow values must be uniform (i.e., the same amount) and occur in equal periods, which is the duration between each cash flow occurrence.

The uniform cash flow is a sequence of cash inflows or outflows that occur at the same time period and at the same amount. It is also important to note that uniform cash flows are a special type of cash flow.

The formula for calculating the future value of a uniform cash flow is different from that of the formula for calculating the future value of a non-uniform cash flow.

It is also important to note that uniform cash flows are commonly used to assess annuity payments and bond payments, among other things. This uniform cash flow can be illustrated using the symbol A, where A represents the uniform cash flow amount.

Therefore, the cash flow values must be uniform (i.e., the same amount) and occur in equal periods, which is the duration between each cash flow occurrence to represent cash flow using the symbol A.

Thus, the correct answer is equal periods.

Learn more about Cash Flow from :

https://brainly.com/question/735261

#SPJ11

To calculate the budgeted sales for July, we need to multiply the budgeted sales amount by the percentage of cash sales. Given that 60% of sales are cash sales and the budgeted sales for July are $140,000, we can calculate the cash sales as follows:

Cash sales = 60% x $140,000 To calculate the accounts payable on March 31, we need to consider the purchases made before March 31. 10% of merchandise inventory purchases are paid in cash at the time of purchase, so 90% will be considered credit purchases. Given that all purchases on credit are paid in the month subsequent to the purchase, the accounts payable on March 31 will be paid in April. Therefore, the accounts payable on March 31 will be the credit purchases made before March 31. Now, to calculate the ending merchandise inventory on March 31, we need to use the given information that each month's ending merchandise inventory should equal $10,000 plus 50% of the next month's cost of goods sold. Finally, the accounts payable on March 31 will be equal to the credit purchases made before March 31. To summarize: - Budgeted sales for July: 60% x $140,000 - Accounts payable on March 31: Credit purchases made before March 31.

Learn more about the Merchandise inventory:

https://brainly.com/question/27046371

#SPJ11

A fund is a separate (b.) fiscal and accounting entity (b) that allows for the proper management and tracking of financial resources for a specific purpose.

Here's a step-by-step explanation:

1. A fund is created to segregate financial resources for a specific purpose or goal. It can be established by an organization, such as a government or a company.

2. A fund operates as a separate fiscal entity, meaning it has its own financial transactions, revenue, expenses, assets, and liabilities.

3. The purpose of establishing a fund is to ensure that the financial resources allocated for a particular objective are properly accounted for and managed.

4. By keeping track of income and expenses separately, a fund helps in maintaining transparency and accountability. It allows for better financial planning and control.

5. For example, a government might establish a fund specifically for education. All the income generated from taxes or other sources earmarked for education would be accounted for in this fund, separate from other government funds.

6. Another example could be a company creating a fund for research and development. All the financial transactions related to R&D activities, such as funding research projects or purchasing equipment, would be recorded in this fund.

In conclusion, a fund is a separate fiscal and accounting entity (b) that allows for the proper management and tracking of financial resources for a specific purpose.

To know more about financial resources visit:

https://brainly.com/question/5803036

#SPJ11

If the universe expanded twice as fast, the Hubble constant would not change. The Hubble constant, denoted by H0, is a measure of the current rate of expansion of the universe.

Hubble constant is a fundamental constant in cosmology and is defined as the ratio of the recession velocity of a distant galaxy to its distance from us.
The Hubble constant is determined by measuring the redshift of distant galaxies and their distances. It represents the rate at which the universe is currently expanding. If the universe were to expand twice as fast, it means that the recession velocities of galaxies would be greater, but their distances would also increase proportionally.

As a result, the ratio of recession velocity to distance, which is the Hubble constant, would remain the same. So, even if the universe were to expand faster, the Hubble constant would not change. It is a constant value that characterizes the overall expansion rate of the universe.

Learn more about Hubble constant

https://brainly.com/question/32399883

#SPJ11

The offering statement requires less disclosure and is less costly to prepare than a registration statement. However, it is important for issuers to carefully evaluate the applicable exemptions and consider the level of disclosure required to comply with securities laws.

The offering statement and registration statement are two types of documents used in the process of securities issuance. While both serve the purpose of providing information to potential investors, there are differences in their level of disclosure and cost.
1. Offering Statement: This document is used for offerings that qualify for certain exemptions from registration under the securities laws. It is typically prepared under the Regulation A or Regulation Crowdfunding framework. The offering statement requires less disclosure compared to a registration statement. This means that issuers are not required to provide as much detailed information about the offering, the issuer's financials, and other relevant aspects. The offering statement is therefore less costly and time-consuming to prepare.

2. Registration Statement: This document is used for offerings that do not qualify for exemptions and require full registration with the Securities and Exchange Commission (SEC). A registration statement provides more detailed and comprehensive information about the offering, the issuer, and other relevant matters. It includes financial statements, business operations details, risk factors, and other disclosures that potential investors need to make informed decisions. Due to the extensive nature of the disclosure requirements, preparing a registration statement can be more costly and time-consuming compared to an offering statement.

In conclusion, the offering statement requires less disclosure and is less costly to prepare than a registration statement. However, it is important for issuers to carefully evaluate the applicable exemptions and consider the level of disclosure required to comply with securities laws.

To know more about statement visit;

brainly.com/question/33442046

#SPJ11

The maximum number of burgers that she can purchase is 4 based on the information provided.

The initial price of the burger is $3.00.

The price of burger decreases to $1.50.

The initial price of soda is $0.50.

The price of soda increases to $0.80.

Let x be the maximum number of burgers one can purchase.

Now, the price of each burger decreases from $3.00 to $1.50.

In order to purchase x number of burgers, the money required can be expressed as,$$3.00 \times x \to 1.50 \times x$$Now, the price of each soda increases from $0.50 to $0.80.

In order to purchase x number of soda, the money required can be expressed as,$$0.50 \times x \to 0.80 \times x$$The total amount of money needed to purchase x number of burgers and sodas can be expressed as,$$Total\;Money = 1.50 \times x + 0.80 \times x = 2.30 \times x$$We know that the maximum amount that the person can spend is $10.00.

The number of burgers one can purchase will be maximum if the total amount spent on burgers and sodas is equal to $10.00.$$2.30 \times x = 10.00$$$$x = \frac{10}{2.30} \approx 4.34$$Therefore, the maximum number of burgers that she can purchase is 4.

To learn more about price, here:

https://brainly.com/question/19091385

#SPJ11

Complete question:

If the price of the burgers decreases from $3.00 to $1.50, and the price of soda increases from $0.50 to $0.80. What is the maximum number of burgers she can purchase?

Based on the information provided, the critical path in your project consists of activities a1, a3, a5, and a9. The critical path represents the sequence of activities that determine the shortest possible duration for the project.

Now, you have the opportunity to crash activity a2, which has the potential to shorten its duration by three days. Crashing an activity involves allocating additional resources or taking other actions to complete the activity in less time than originally planned.

To determine whether b activity a2 is a good opportunity, you need to consider a few factors: Project Schedule: Evaluate the impact of crashing activity a2 on the overall project schedule. Calculate the new project duration by subtracting the three days from the original duration of activity a2. Analyze if this change will shorten the project duration significantly or not.

To know more about critical path visit:

https://brainly.com/question/28188688

#SPJ11

Groups costs into meaningful buckets that are then distributed based on the activity or product they support.(1)

Activity-based costing (ABC) is a cost allocation method that groups costs into meaningful buckets based on the activities or products they support. It allows for more accurate cost allocation by considering various cost drivers and the resources consumed by each activity.

This helps organizations identify the true cost of products or services and make more informed decisions. ABC is particularly useful for allocating costs related to complex activities or products where traditional costing methods may not provide accurate results.

It goes beyond just charging costs to "cost centers" (option 3) and considers ongoing maintenance costs (option 5) as well. It also takes into account the initial capital investments (option 4). However, option 2 is incorrect as ABC is not specifically designed for allocating small project work.(1)

To know more about Activity-based costing click on below link:

https://brainly.com/question/28903790#

#SPJ11

When the YTM of a bond decreases, it can be predicted that the price of the bond will generally increase.

When the yield to maturity (YTM) of a bond decreases, it typically indicates that the bond's price has increased. This is because as the YTM decreases, the bond becomes more attractive to investors seeking higher returns. Consequently, the increased demand for the bond pushes its price up.

To predict the effect of the change in YTM on the price of the bond, you can consider the inverse relationship between bond prices and YTM. When the YTM decreases, the price of the bond is expected to increase.

However, it's important to note that the extent of the price increase cannot be determined solely based on the change in YTM. Other factors such as the bond's coupon rate, maturity, and market conditions can also influence its price.

In conclusion, when the YTM of a bond decreases, it can be predicted that the price of the bond will generally increase.

Learn more about yield to maturity (YTM) :

https://brainly.com/question/30753972

#SPJ11

Wealth is redistributed from creditors to debtors when inflation is suddenly high.

When inflation is high, the value of money decreases. This means that the purchasing power of the money creditors admit from debtors is reduced. As a result, debtors are suitable to repay their debts with money that's worth lower than when they espoused it. This effectively transfers wealth from creditors to debtors. Whether the inflation is anticipated or not doesn't change this redivision of wealth.

Inflation refers to the sustained increase in the general price position of goods and services in an frugality over a period of time. Basically, it means that the purchasing power of plutocrat decreases as prices rise. Inflation has colorful goods on different stakeholders.

#SPJ11

Learn more about 'Inflation effects': https://brainly.com/question/777738

In the group decision support process model, there is a phase that can be compared to the step in the knowledge management process model where new knowledge is created. This phase is known as the "generation" phase.

During the generation phase of the group decision support process model, the group members work together to brainstorm ideas, share information, and create new knowledge. This is similar to the step in the knowledge management process model where new knowledge is created. In both cases, the goal is to foster creativity and innovation by combining the collective knowledge and expertise of the group members.

In the generation phase, the group members may use various techniques such as brainstorming, mind mapping, or structured discussions to generate ideas and create new knowledge. They may also draw upon external sources, such as research studies or industry best practices, to inform their decision-making process.

For example, imagine a group of managers who are tasked with developing a new marketing strategy for their company. In the generation phase, they would come together to share their ideas, insights, and experiences. They might discuss different marketing tactics, analyze market trends, and explore innovative approaches to reach their target audience. Through this collaborative process, they would generate new knowledge that can be used to inform their final decision.

In summary, the generation phase of the group decision support process model is comparable to the step in the knowledge management process model where new knowledge is created. Both involve a collaborative process of generating ideas, sharing information, and fostering creativity to enhance decision-making.

To know more about marketing strategy, refer to the link below:

https://brainly.com/question/31854392#

#SPJ11

The project budget for the house is set at $180,000, and in order to achieve a healthy profit margin, the goal is to spend 10% less than the budget, which amounts to $162,000, on subcontractors. By staying within or below this spending limit, the company can generate a higher profit margin, which can lead to opportunities for larger construction loans and the ability to build more expensive homes in the future.

The key objective for the company is to maintain a healthy profit margin by effectively managing the costs associated with subcontractors. By aiming to spend 10% less than the project budget, the company can increase its profitability. Achieving this goal opens up possibilities for obtaining larger construction loans in the future, enabling the company to undertake more ambitious and costly construction projects. By maintaining financial discipline and maximizing profits, the company can strengthen its position and expand its operations in the housing market.

To know more about profit margin here: brainly.com/question/32233225

#SPJ11

The ibbotson sbbi small-company stock portfolio includes the bottom 20 percent of nyse-listed stocks to represent the performance of small companies in the market.

This means that the portfolio includes the stocks that are in the lowest 20 percent based on their performance or market value. The portfolio is designed to represent the small-company segment of the stock market and includes a selection of stocks that are considered to be smaller in size compared to the overall market.

To put it in perspective, let's say there are 100 nyse-listed stocks. The bottom 20 percent would include the 20 stocks that have the lowest performance or market value among those 100 stocks. These stocks are typically from smaller companies that may have lower market capitalization and may be considered riskier investments.

The purpose of including the bottom 20 percent of nyse-listed stocks in the portfolio is to provide diversification and capture the performance of the small-company segment of the market. By including a range of stocks from different companies, the portfolio aims to provide a representation of the overall performance of small companies listed on the NYSE.

Learn more about nyse-listed stocks from this link:

https://brainly.com/question/32170187

#SPJ11

David's observation that everyone in poverty is stuck there forever is incorrect. Low-income workers do face discrimination, which can make it more challenging for them to escape poverty.

One of the reasons why David's observation is incorrect is because of the high effective marginal tax rate. This refers to the rate at which an individual's income increases when they earn more money. In some cases, when individuals living in poverty increase their incomes, they may face higher tax rates and reduced benefits, which can discourage them from pursuing higher-paying opportunities. However, it is important to note that this is not the case for everyone and there are programs in place to mitigate this issue.

The social safety net also provides a way for low-income individuals to escape poverty. Various programs such as welfare, food stamps, and subsidized housing aim to provide assistance and support to those in need. These programs can help individuals meet their basic needs, access education and job training, and ultimately improve their financial situations.

It is also incorrect to assume that everyone in poverty is stuck there forever because many people experience poverty at some point in their lives, particularly when they are young. Poverty can be a temporary situation influenced by various factors such as job loss, illness, or other unforeseen circumstances. With the right support, resources, and opportunities, individuals can overcome poverty and improve their economic status.

In conclusion, while low-income workers do face challenges and discrimination, it is not accurate to say that everyone in poverty is stuck there forever. The high effective marginal tax rate and the social safety net play significant roles in helping individuals escape poverty, and many people experience poverty temporarily rather than permanently.

To know more about effective marginal tax rate, refer to the link below:

https://brainly.com/question/28518460#

#SPJ11

According to the purchasing power parity (PPP) theory, the exchange rate between the US dollar and the euro should equalize the prices of identical goods in different countries. In this example, the base model Schwinn bike costs $100 in the United States and €125 in Europe.

PPP is based on the idea that the cost of living and the prices of goods and services vary across countries. By comparing the prices of a standardized basket of goods in different countries, economists can estimate the relative value of currencies and determine whether they are overvalued or undervalued.

Therefore, based on the PPP theory, the predicted exchange rate would be $1 = €1.25.

Learn more about purchasing power parity

https://brainly.com/question/29614240

#SPJ11

True. Tax revenue is defined as the revenues collected from taxes on income and profits, social security contributions, taxes levied on goods and services, payroll taxes, taxes on the ownership and transfer of property, and other taxes.

The government can increase its tax revenue by raising the per-unit tax on rum. When the government increases the tax on a specific product, such as rum, it can collect more tax revenue from each unit sold. This is because the higher tax increases the price of the product, which, in turn, leads to higher tax collections.

However, it is important to note that increasing taxes can also have potential effects on consumer behavior, such as reducing demand for the product, so governments must carefully consider the potential consequences before implementing such policies.

More on tax revenue: https://brainly.com/question/31322278

#SPJ11

The citation you provided is for a research article titled "Economic and regional determinants of the location of payday lenders and banking institutions in Mississippi: Reconsidering the role of race and other factors in firm location" by Wheatley, W. P. (2010), published in The Review of Regional Studies.

This article explores the factors that influence the location of payday lenders and banking institutions in Mississippi. The author aims to reconsider the role of race and other factors in determining where these financial institutions are located.
By examining economic and regional determinants, the author investigates the reasons behind the spatial distribution of payday lenders and banking institutions. The study likely analyzes factors such as population density, income levels, proximity to other financial institutions, and possibly race, among other variables.
This research contributes to understanding the factors that shape the geographic placement of payday lenders and banking institutions in Mississippi. It may shed light on whether race plays a significant role in this process, and if other economic and regional factors are more influential.
Please note that without access to the full article, it is not possible to provide a more detailed analysis of the specific findings and conclusions presented in the study.

To know more about financial institutions visit:
https://brainly.com/question/16026225
#SPJ11

Based on payback period analysis  Project B is more desirable as it takes less time to recover the initial investment compared to Project A.

To determine which project is more desirable based on payback period analysis  we need to calculate the payback period for each project.

The payback period is the time it takes for the initial investment to be recovered from the annual benefits.

It is calculated by dividing the initial cost by the annual benefits.

For Project A:
Payback period = Initial cost / Annual benefits
Payback period = $50,000 / $4,500
Payback period = 11.11 years

For Project B:
Payback period = Initial cost / Annual benefits
Payback period = $75,000 / $7,200
Payback period = 10.42 years

Comparing the payback periods  Project B has a shorter payback period of 10.42 years

while Project A has a payback period of 11.11 years.

Therefore  based on payback period analysis Project B is more desirable as it takes less time to recover the initial investment compared to Project A.

Learn more about payback period:

https://brainly.com/question/23149718

#SPJ11