Answer:
1. Asset allocation
Explanation:
By allocating assets the investment advisor has found a way to balance risk and reward for its investors by considering their risk tolerance, goals and objectives towards the investments and the investment time frame with which the investors are to recieve their Return on Investment (ROI) or also called Profit.
Which of the following generalizations about services is INCORRECT? options: Service facilities must be designed for good customer interaction and movement through their facilities and their processes. Service facilities tend to rely more on information-based hardware and softwar0 Service facilities must be located close to suppliers and laborers. Service facilities require flexibility and adaptation to special circumstances.
Answer:
Service facilities must be located close to suppliers and laborers.
Explanation:
Services, unlike products, are intangible and are not produced or delivered the same way as products are.
While production facilities for products, should be located close to suppliers and laborers, this is not the case with service facilities.
The incorrect generalization about services is that service facilities must be located close to suppliers and laborers.
Explanation:The incorrect generalization about services is that service facilities must be located close to suppliers and laborers. While proximity to suppliers and laborers may be advantageous in some cases, it is not a requirement for all service facilities. Other factors such as customer demand, market access, and transportation infrastructure also play a significant role in determining the location of service facilities.
For example, a software development company might establish its service facility in a technology hub or a city with a large talent pool, rather than being solely guided by proximity to suppliers and laborers.
Therefore, the incorrect generalization is that service facilities must be located close to suppliers and laborers.
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For consideration, Hazel orally promises to pay Jill $750 a month, on the first day of every month, for as long as Jill lives. Hazel makes the payments regularly for the first seven months and then makes no further payments. Jill claims that Hazel has breached the oral contract and sues Hazel for damages. Hazel contends that the contract is unenforceable because, under the Statute of Frauds, contracts that cannot be performed within one year must be in writing. Discuss whether Hazel will succeed in this defense.
Answer:
Hazel will have to pay Jill $750 for his remaining life because Hazel had received something which is very expensive in return in compensation of his lifetime monthly payments of $750 to Jill. So this means that the 100% contract is enforceable.
The contract formation can be proved in the court because when Hazel will say that the contract is not written so according to Statute of Fraud he is not liable to pay Jill. This means he is agreeing at the point that the contract was in place.
At the morning status meeting, everyone goes around the room and shares what has happened overnight with the computer system and whether or not there are any change requests in the queue. Regardless of how many issues there seem to be, Joel says, "We can solve anything." What type of leader is Joel?A. He is an initiating-structure leader.
B. He is a transactional leader.
C. He is a relationship-oriented leader.
D. He is a passive leader.
E. He is a contingent leader.
Answer: (A) He is an initiating-structure leader
Explanation:
According to the given question, the Joel is basically refers to the initiating structure leader as this type of leaders initiating various types of action and the activities and it is also known as the task specific .
The main objective of initiating the structure leader is to achieve the desirable goals and focus on accomplished the given task.
The following are the function that is typically performed by the initiating-structure leader are as follows:
Coordinating the given taskFirstly initiating the actions Setting the desirable goals MotivatingTherefore, Option (A) is correct answer.
Lieutenant Columbo donned his raincoat and hopped into his 1959 Peugeot, hot on the trail of another condescending millionaire murder suspect. The Peugeot always drew stares, not because it was a rare automobile, but because it was an eyesore. It had one redeeming quality; every time he sat behind the wheel and turned the key in the ignition, it would start. Thus, the car scored well on the:
A) mix flexibility scale.
B) changeover flexibility scale.
C) reliability quality scale.
D) delivery reliability scale.
Answer:
C) reliability quality scale.
Explanation:
Lieutenant Colombo, the owner of the Peugeot, clearly has chosen to keep using the car, not because of how it looks, but because everytime he turned the keys, the car would start. This means that the car works as intended, which is the very definition of reliability.
In other words, the Peugeot is so reliable, that even if it looks poorly (it is described as an eyesore) it is still in use.
What best determines whether a borrower's investment on an adjustable rate loan goes up or down?
a.a fixed interest rate
b.a bank's finances.
c.a market's condition
d.a person's finances
Answer:
c.a market's condition
Explanation:
The best option that determines the borrower investment would go down or up is market conditioned
Market condition is refer to the variation in the stock market. There are many factor that determine the condition of rate loan. it is always not one factor that decide the current situation. The market condition is always inversely proportional to rate loan. which indicates whatever be the conditioned of the market is, the loan rate would be opposite to that.
Answer:
The answer is C on edge 2020.
Explanation:
Zapstreet is a stock brokering firm. Its employees use a private network within the organization to communicate with each other regarding stock prices and trading accounts. Zapstreet's network is an example of a(n) ________.
Answer:
intranet
Explanation:
Based on the information provided within the question it can be said that in this scenario Zaptstreet's network is an example of an intranet. This is a computer network that is used in order to share information among other features within an organization, but only to those inside the organization and not to those outside of it. In other words it is a private network.
Agency problems within a corporation are _______________. a. conflicts among stockholders with differing objectives b. conflicts between stockholders and financial intermediaries c. conflicts among managers with competing interests d. conflicts between managers and stockholders
Answer:
The correct answer is option d.
Explanation:
Agency problems can be defined as the problems that arise out of the conflict of interest when a party is expected to act in the best interest of others.
It arises out of a relationship between an agent and a principal. The agent is supposed to perform a task on behalf of the principal.
For instance, managers of a corporation are agents who are supposed to work in the best interests of principal, who are stockholders. Agency problems will arise when managers will act in their own self-interest instead of the stockholders'.
Sumaira is scared that she will not find a job in the current economy. She decides to be a business major and attend one of the top business schools in the country. Upon graduation, she is hired by a major investment banking firm in New York. Sumaira has completed:
1. A degradation ceremony.
2. Developing her sense of self.
3. Anticipatory socialization.
4. Developing her sense of morality.
Answer: C. Anticipatory socialisation
Explanation: Anticipatory socialisation is a term used in socialisation to describe the involvement of people or a person in a particular type of interaction, skills, study or training in order to enable the person or people acquire certain skills or certification, lincense or capacity to fit into a particular class,trade,job or group. For Sumaira, she enrolled in a top business school in order for her to gain the required skills or certificate needed for her to be employed.
Angie incurred capital gains and losses during the current year. She has a $12,000 net short-term capital loss; a $5,000 long-term capital gain in the 15% category; and a $15,000 long-term capital gain in the 28% category. How will these transactions be taxed after the gains and losses are combined?
A. $5,000 will be taxed at 15% and $12,000 will be taxed at 28%.
B. $2,000 will be taxed at 15% and $15,000 will be taxed at 28%.
C. $3,000 will be taxed at 28% and $5,000 will be taxed at 15%.
D. $8,000 will be taxed at 28%.
Answer:
C) $3,000 will be taxed at 28% and $5,000 will be taxed at 15%.
Explanation:
Since Angie's capital total capital losses are less than her total capital gains, she can deduct them fully from her current taxes. Capital losses can deduct taxable income or any type of capital gain.
In this case, Angie can benefit by deducting capital losses from the capital gains that fall into the highest tax category = $15,000 - $12,000 = $3,000 capital gain in the 28% category.
The remaining capital gains aren't affected = $5,000 in the 15% category.
How do the changes with age of the prevalence rates for externalizing and internalizing disorders compare?
Answer:
As we age, Externalization disorders decline, while internalization disorders intensify.
Explanation:
Internalizing habits and disorders are mainly characterized by self-related factors such as distress, drowsiness and depression. While Externalizing habits and disorders are generally identified by acts in the outside world, such as reacting out, anti social behavior, violence, and aggression.
Externalisation is mostly associated with our youthful time when we are young wild and free and a s we grow we outgrow such behaviour due to responsibility and interactions of life so therefore it decreases. While internalisation increases as we grow older because of the people we met and the responsibilities and life changing experience we have had.
Choco Fantasy is a firm that produces both dark chocolates as well as liquor chocolates. It can produce 10,000 bars of dark chocolate per month if all its resources are used to produce only this variety. Similarly, using all its resources in the production of liquor chocolates, the firm can produce 8,000 bars per month.However, during a given month, the firm produces both varieties. Which of the following, if true, would suggest that the firm is operating at a point inside its PPF?
A. Current demand for both varieties is so high that similar chocolates are being imported by the country.
B. The firm believes in maintaining a certain amount of excess capacity to meet unexpected changes in demand.
C. All resources employed by Choco Fantasy are always put to their best use.
D. The firm is paying overtime to its workers as most of them are working extra hours to meet the peak season demand.
E. The firm is planning to hire more resources because of an anticipated increase in the demand for its chocolates
Answer:
B. The firm believes in maintaining a certain amount of excess capacity to meet unexpected changes in demand.
Explanation:
Production possibility curve shows the different combinations of two products that can be manufactured by a business. The production possibility frontier is the maximum combination of products a business can produce with given resources.
Beyond this point increase in production of one will lead to decreased production of the other.
So if excess stock of both products is being kept in anticipation of demand, the company is still operating within its PPF and has excess resources.
Some companies cross-list their shares, meaning that their stock trades on more than one stock exchange. For example, BlackBerry Limited, the maker of BlackBerry mobile devices, trades on both the Toronto Stock Exchange and NASDAQ. If its price in Toronto is 59 Canadian dollars per share and anyone can exchange Canadian dollars for U.S. dollars at the rate of US$ 0.93 per C$ 1.00, what must BBRY's price be on NASDAQ?
Answer:
US$55
Explanation:
An exchange rate is the value of the currency of one country compared to the currency of another country.
In this question, the currency of the US, US dollar, is being compared to the currency of Canada, Canadian dollar. This can be mathematically stated as follows:
USD $/C$ = 0.93/1 ............................................. (1)
Equations implies that Canadian dollars can be exchnaged for U.S. dollars at the rate of US$0.93 per C$1.00.
To calculate the BlackBerry Limited's price on NASDAQ, we simply multiply the its price of C$59 on the Toronto Stock Exchange by the exchange rate of 0.93/1 as follows:
BlackBerry Limited's price on NASDAQ = 59 × (0.93/1)
= 59 × (0.93 ÷ 1)
= 59 × 0.93
= US$54.87
Therefore, BlackBerry Limited's share price on NASDAQ is approximately US$55.
I wish you the best.
A company’s PR team submits a budget for the public relations program to management. The team has purposely asked for a bigger budget, knowing that management will cut certain parts of it. Which persuasion technique did the team use?
Answer:
Ask for More, Settle for Less
Explanation:
Persuasion is an influential parable term it may try and influence the values, emotions, expectations, motives, or actions of an individual.
In this technique ,the PR team asks for a huge amount of budget, understanding that some portions of it will be reduced by the administration but the team will be ready to take that step in less spending.
According to Friedman's argument, _________. a. individual proprietors probably can't create a monopoly, so they must have social obligations. b. individual proprietors probably can't create a monopoly, but any use of their company's money for social obligations still counts as a tax on employees and customers. c. individual proprietors are foolish because they haven't incorporated. d. individual proprietors would make much more money if they sold stock.
Answer:
b. individual proprietors probably can't create a monopoly, but any use of their company's money for social obligations still counts as a tax on employees and customers.
Explanation:
Friedman is an economist that postulated the theory of social responsibility by businesses. While businesses had a primary duty to shareholders to maximise profits, it also has a responsibility to contribute to the society where it operates.
So when the company's money is used for social obligation bit is a form of tax on the company's employees and customers, giving back to the society.
A title for goods obtained by a seller through fraud, impersonation, or a dishonored check is referred to as a(n. ________.
Answer:
voidable title
Explanation:
A voidable title is considered good and valid title until voided.
For example, I purchase a PS4 from my nephew who is a minor and I sell it to my neighbor, and my neighbor purchased it on good faith. My nephew can decide to void the contract because he was a minor, but since I passed good title to my neighbor while the contract was valid, my neighbor doesn't have to return the PS4.
The difference with a void title is that a void title was never good and valid.
On the other hand, if I had stolen the PS4, I would never have good title over it, and I sell it to my neighbor. The rightful owner of the PS4 can claim it back and my neighbor must return it because the contract was void since I never had good title on the PS4.
Tyree, a graphic designer with Lincoln Advertising, enjoys working for the company because of the flexibility of its management and its culture, which encourages risk-taking, innovation, and creativity. Tyree gets quick answers from his boss, allowing him and Lincoln Advertising to quickly respond to changes in the marketplace. Lincoln Advertising is an example of an adhocracy culture. True or false?
The given statement " Tyree, a graphic designer with Lincoln Advertising, enjoys working for the company because of the flexibility of its management and its culture, which encourages risk-taking, innovation, and creativity. Tyree gets quick answers from his boss, allowing him and Lincoln Advertising to quickly respond to changes in the marketplace. Lincoln Advertising is an example of an adhocracy culture " is TRUE
Explanation:
Advertising is a marketing plan that allows the advertising for a good, service or cause to be advertised. New advertising advertisements are called ads or quick ads.
Advertising seeks to reach people who are most prepared to pay for the goods or services of a business and to persuade them to purchase them.
A corporate culture is required in order to rapidly meet changing circumstances in the business setting. Flexibility, workers trust and focus on individual projects are the characteristics of adhocrats.
True, Lincoln Advertising is a representative example of an adhocracy culture, which is a flexible, adaptable, and informal type of organizational culture that values innovation, creativity and risk-taking.
Explanation:True, Lincoln Advertising is an example of an adhocracy culture. An adhocracy culture is a flexible, adaptable, and informal type of organizational culture that values innovation and risk taking. The fact that Tyree enjoys the flexibility of its management, the encouraged risk-taking, innovation, and creativity, and can quickly get answers from his boss to respond to changes in the marketplace, is indicative of an adhocracy culture. This type of culture allows the company to be responsive and adaptable to the external environment, which seems to be the case with Lincoln Advertising.
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How do values influence decision making and help with your financial well being?
Explanation:
Values are the most important aspect that a human being should posses to move around people, to be in good books, to identify a candidate as good or bad, etc.
Values also influence decision making. Let us see how,
People take decision sometimes instantly. This works or does not works depending on the decision made and the way the decision has been is purely driven by the values learntValues includes Personal and past experience, personality types within him/her, social and cultural valuesAny human being to take decision only based on the above said pointers.The ___________ environment is composed of dimensions in the broader society that can influence an industry and the firms within it. Group of answer choices General Competitor Sociocultural Industry
Answer:
The General environment is composed of dimensions in the broader society that can influence an industry and the firms within it.
Explanation:
This are all external variables which impact the firm success and the society and region as a whole:
Demographics.EconomicsCulturalLegalPoliticsTechnologyAre the dimensions of the general environment.
A company recently moved to a new building. The old building is being actively marketed for sale, and the company expects to complete the sale in four months. Each of the following statements is correct regarding the old building, except:
A. It will be reclassified as an asset held for sale.
B. It will be classified as a current asset.
C. It will no longer be depreciated.
D. It will be valued at historical cost.
Answer:
D. It will be valued at historical cost.
Explanation:
Building held for sale is classified as current asset and it will not be depreciated further as it will be sold in near future. It will be recorded on the lower of cost and fair market value of the building and appears on the balance sheet in current account section. So the statements is correct regarding the old building, except D. It will be valued at historical cost.
Answer:
D) It will be valued at historical cost.
Explanation:
A company must include under property, plant and equipment (PPE) assets that they are currently using, but those put on sale must be reclassified as assets held for sale. Since the company expects to close the sale within a four month period, it can include it under current assets. Also, assets that are held for sale are no longer depreciated, since they are not being currently used and probably another asset is replacing them.
The asset must also be recorded at the lower of its book value (historical cost - depreciation) or net realizable value (fair market value - selling costs).
Schmidt Company borrows $10,000 from its bank and signs a 6-month note. Interest, which is due quarterly, is specified in the note as 6%. The Interest rate stated in the loan agreement most likely applies to?
a) a 6-month period
b) an entire year
c) a 3 month period
d) semi-monthly
Answer:
b) an entire year
Explanation:
Interest rate that is specified on the loan agreement is annual interest rate applicable to the loan on different frequency of interest payments. 6% is the entire years interest rate. Schmidt Company will pay only $150 (10000 x 6% x 3/12 ) for one quarter. Schmidt Company has only two payments of 3 months interest for this loan in six month duration of loan.
What goods are available to all without direct payment? Group of answer choices Public goods Common goods Toll goods Private goods
Public goods are services or systems provided by the government, such as national defense and local streets, which are available to everyone without direct payment and are non-excludable and non-rival in nature.
Explanation:The goods that are available to all without direct payment are public goods. Unlike private goods, which are provided by private businesses and can be used only by those who pay for them, public goods are provided by the government and are available to everyone without charge. Examples of public goods include national defense, crime prevention, and local streets. These goods are non-excludable, meaning it's difficult to exclude people from using them, and non-rival, meaning one person's use doesn't prevent another's. As a result, there is often a free rider problem where individuals may benefit from the goods without contributing to their costs, leading to less than the socially optimal amount being provided unless they are funded by taxes.
What environmental factors have affected the types of costs in the airline industry after 2001? what specific tactics has southwest deployed to blunt or exploit these environmental factors? how have these factors influenced southwest airline's marketing strategy?
Explanation:
In 2001 there was a major crisis in the entire air sector, motivated mainly by the terrorist attacks that occurred, the scarcity of oil and the recession.
There have been strong political, economic, environmental, technological changes, etc., which have affected most airlines, such as Southwest Airlines.
Airline companies then had to adopt some strategies to overcome the crisis, such as the adoption of stricter security control procedures, to increase the reliability of services and people, who were prevented by the terrorist attacks and stopped flying. Advances in technology have also positively impacted aviation, currently there is more control, greater inspection of tickets and luggage and greater security.
The companies also took the cost cut by offering fewer flights so that the planes were filled with enough passengers to be able to generate a profit.
Post-2001, the airline industry faced increased costs due to rising fuel prices, stricter emission regulations, and enhanced security needs. Southwest tackled these with efficient aircraft and fuel hedging, along with operational efficiency for emissions compliance. This contributed to their 'value for money' marketing strategy.
Explanation:After 2001, several environmental factors have affected the cost dynamics in the airline industry. These include increasing fuel costs, strict regulations related to environmental emissions, and heightened security regulations post-9/11. Southwest Airlines deployed several strategies to tackle these factors. They heavily invested in fuel-efficient aircraft and hedged fuel prices to reduce fuel costs. They also strived for operational efficiency to comply with emission regulations. The landscape led Southwest to a marketing strategy that emphasized value for money, projecting itself as a 'low-cost carrier' without compromising safety.
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The importance of the ceteris paribus assumption is that it:______.
a. allows one to generalize from the whole to the individual.
b. allows one to analyze the relationship between two variables apart from the influence of other variables.
Answer:
b. allows one to analyze the relationship between two variables apart from the influence of other variables.
Explanation:
Ceteris Paribus means 'other things being constant'.
This implies study of relationship between two variables, other factors being constant.
Example : Law of demand states negative relationship between price & quantity demanded, other factors being constant.
A matrix organization is any organization in which the project manager or project team leader actually shares responsibility for the project with a number of individual functional managers.A. TrueB. False
Answer:
True
Explanation:
Since a matrix organisation is when an individual report to more than one supervisor or leader. Therefore the relationship is referred to solid line or dotted line reporting
The finance function is relatively independent of most other corporate functions. Marketing decisions, for example, might affect the firm's need for funds but are not affected by conditions in financial markets or other financing issues.A.TrueB.False
Answer:
False
Explanation:
Every single area of an organization works together, even if the people are not actually in the same room or location. What the finance department does affect the whole organization, and what the rest of the organization does affects the finance department. E.g. the CFO is trying to get a new loan. He/she will be able to do it only if the whole organization works properly and is efficient, if not, no bank or investor will lend the organization money.
What would be the journal entry for each of the listed transactions? For each transaction, how Cedar Fair’s assets, liabilities, and equity would be impacted by each individual transaction?
Answer:
Following are the transactions and their effects on Cedar's balance sheet
May 1: Sell admission tickets, $100,000, cash
Transaction:
Sell admission ticket- Debit
Cash- Credit
Impact
the sell tickets shall increase the expense and decreasing the reserves and cash will be credited resulting in decreasing the current assets,
May 3: Purchase merchandise inventory, $5,000, on account
Transaction:
Purchase Inventory- Debit
Accounts payable- Credit
Impact
both will result in increasing in current assets and current liabilities.
May 6: Rent lockers to guests, $500, cash
Transaction:
Rent lockers- Debit
Cash- Credit
Impact
the rent lockers shall increase the expense and decreasing the reserves and cash will be credited resulting in decreasing the current assets,
May 15: Pay employees, $75,000, cash
Transaction:
Pay employee- Debit
Cash- Credit
Impact
the Pay employee shall increase the expense and decreasing the reserves and cash will be credited resulting in decreasing the current assets,
May 20: Borrow money from bank by signing a six-month note, $200,000
Transaction:
Cash- Debit
Note Payable- Credit
Impact
both will result in increasing in current assets and current liabilities.
Journal entries in business accounts involve a debit and a credit to different accounts, like assets, liabilities, and equity. For example, purchasing a new asset increases the assets account and depending on how it's financed, either increases liabilities or decreases equity.
Explanation:The journal entry for each transaction in Cedar Fair's accounts would depend on the nature of the specific transactions. Generally, when a company like Cedar Fair makes a transaction, it impacts their assets, liabilities, and equity. For example, if Cedar Fair were to purchase a new roller coaster, it would debit (increase) its assets account in the journal entry, because it has acquired a new asset. The credit side of this entry would depend on how the purchase was financed. If Cedar Fair borrowed money to finance the purchase, it would simultaneously credit (increase) its liabilities account, because it now owes more money. If instead, the purchase was financed through business earnings, it would credit (decrease) its equity account, because it has used up some of its earnings (retained earnings).
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Cass & Company has the following data. How many days is the firm's cash conversion cycle? Inventory conversion period = 50 days Average collection period = 17 days Payables deferral period = 25 days
Answer:
42 days
Explanation:
Given that
Inventory conversion period = 50 days
Average collection period = 17 days
Payable deferral period = 25 days
Now The computation of the cash conversion cycle is shown below:
The cash conversion cycle = Inventory conversion period + Average collection period - Payable deferral period
= 50 days + 17 days - 25 days
= 42 days
Joy and Kersey want to open a magic and novelty shop as Jo-Kers, with a plan to open other shops in the future. To attain limited liability for the lowest cost and the fewest start-up formalities, their best option is to form
Answer:
Limited Liability Company
Explanation:
Limited Liability company refers to a form of business which has characteristics of both partnership and a corporation. In a limited liability company, the owner's liability is limited to the amount of capital contributed by them.
Such a set up retains the traits of a company wherein capital can be raised from public for expansion, at the same time depicts some aspects of partnership with respect to profit sharing.
In the given case, Joe and Kersey are desirous of opening a magic and novelty shop with vision to expand the number of such shops in the near future. The priority being limiting the liability and lowering cost with least required formalities for start up.
The best option would be to form a limited liability company( LLC).
Final answer:
Joy and Kersey's best option for opening their novelty shop with limited liability and minimal formalities is establishing a Limited Liability Company (LLC). An LLC offers liability protection like a corporation but with fewer administrative requirements and could be less costly.
Explanation:
Joy and Kersey want to open a magic and novelty shop as Jo-Kers and are looking for the best business structure that provides limited liability with the lowest cost and the fewest start-up formalities. Considering their needs, forming a Limited Liability Company (LLC) is likely their best option. An LLC combines the liability protection of a corporation with the tax efficiencies and operational flexibility of a partnership.
The process to establish an LLC typically includes choosing a unique business name, filing the Articles of Organization with the appropriate state agency, and paying a filing fee, which is relatively low compared to starting a corporation. Additionally, an LLC does not require a board of directors, shareholder meetings, or annual reports in most states, making it less cumbersome administratively than a corporation.
Kate takes a part-time job and the sacrifice of study time causes her grade point average to fall from 3.5 to 2.9. Assume that the grade point average would have stayed at 3.5 if study time had not been reduced. The opportunity cost of having taken the job is the ________.a. cost of tuition b. 3.5 grade point average c. 0.6 decrease in the grade point average d. 2.9 grade point average e. money earned from the part-time job
Answer:
The correct answer is option c.
Explanation:
The opportunity cost of an economic decision can be defined as the cost of sacrificing or giving up the second-best alternative. Since the resources are scarce and have alternative uses we have to give up some uses in order to choose one.
Kate earlier had a grade point average of 3.5.
She took up a part-time job. Her grade fell to 2.9, as a result of the reduction in study time.
The opportunity cost of taking up the job will be the loss of 0.6-grade point average.
Khoa chooses a topic for his company's blog that will allow him to write relevant posts for the next year. Which of the following is he restricting? A. Access B. Usage C. Audience D. Scope E. Purpose
Answer:
He is restricting purpose.The answer is E.
Explanation: