Answer:
The size of the coffee maker describes a requirement characteristic when Stephanie purchases her coffee maker
Explanation:
Stephanie has a space constraint in her kitchen as well as output constraint with respect to the existing coffee maker,hence,in resolving the two issues she has opted a smaller coffee maker that can turn out more coffee pots.
In order to strike a balance between two opposing views,Stephanie could either create more to accommodate a bigger coffee maker or buys a smaller super-efficient coffee maker that is more expensive.
Without, I think Stephanie would prefer the latter suggestion
When Colgate encourages its current customers to brush more often by taking their toothbrush and toothpaste to work with them, which market opportunity is Colgate pursuing?
Colgate is pursuing market penetration by encouraging customers to brush more often by taking their toothbrush and toothpaste to work.
Colgate is pursuing the market opportunity of increasing customer usage frequency by encouraging them to take their toothbrush and toothpaste to work ,, which falls under market penetration strategy.
In a _______, the franchise operates under the franchisor's business name and is required to follow the franchisor's standards and methods of business operation.
Answer:
Franchising
Explanation:
In a franchising , the franchise operates under the franchisors business name and is required to follow the franchisor's standards and methods of business operations.
Franchising is a marketing strategy through which a company expands its business. It is a method through which a company known as a franchisor allows the franchise to operates its business by their name along with using all other methods and standards by paying a nominal fees known as the licensing fees or commission.
Suppose the price of university sweatshirts increases from $10 to $20 and the quantity supplied increases from 20 to 30. The price elasticity of supply, using the midpoint formula, is:______.A) 0.66. B) 1.50. C) 0.60. D) 1.66.
Answer:
C) 0.60.
Explanation:
USING MIDPOINT FORMULA
i) Percentage change in quantity supplied
=changes in QS/(changes in QS/2) x 100/1
=(30-20)/(30+20)/2 X 100/1
=10/25 X 100
=40%
ii) Percentage changes in price
=Changes in Price/(Changes in Price/2) x 100/1
=($20-$10)/($20+$10)/2 x 100/1
=$10/$15 x 100/1
=0.66667 x 100
=66.67%
Price Elasticity of supply = %Changes in Quantity supplied
%Changes in Price
ES= 40%/66.67%
ES= 0.59999
ES=0.6
You purchase one IBM July 120 call contract for a premium of $5. You hold the option until the expiration date when IBM stock sells for $123 per share. You will realize a ______ on the investment. $200 profit $200 loss $300 profit $300 loss
Answer:
$200 loss
Explanation:
Long call profit = Max [0, ($123 - $120)(100)] - $500 = -$200.
Answer:
$200 loss
Explanation:
A call option allows the investor to purchase a security at a fixed price in a future date (called the expiration date). In this case, the call option allowed you to purchase 100 IBM shares at $120 per share. In order to determine the profit r loss resulting from this investment, you have to consider the price you paid for the call option which is $5.
long call profit = Max [0, ($future price - $call price)(100 shares)] - (call price x 100 shares) = Max [0, ($123 - $120)(100)] - $500 = -$200 or $200 loss.
The "invisible hand" refers to a. the fact that social planners sometimes have to intervene, even in perfectly competitive markets, to make those markets more efficient. b. the automatic maximization of consumer surplus in free markets. c. the equality that results from market forces allocating the goods produced in the market. d. the marketplace guiding the self-interests of market participants into promoting general economic well-being.
Answer:
OPTION (D)
Explanation:
Invisible hand also refer to OPTION (D), which states that marketplace have to guide the self-interests of participants at market to further encourage the well being of normal economic.
Invisible hand is basically a benefit socially, and it cant be seen but manages the economy of the market. And it also gives rights and supports the demand and as well as supply of the products in a market which is free.
business ethics chapter 7 emily, a website designer, is hired by an organization to create an internal website that contains information meant to be accessed solely by employees. This website is the company's ____.
Answer:
The correct answer is Intranet.
Explanation:
An Intranet is a digital platform whose objective is to assist workers in generating value for the company, making available assets such as content, files, business processes and tools; facilitating collaboration and communication between people and teams.
The internal website that Emily is hired to create is the company's internal communication platform or intranet. This can also feature their code of ethics, promoting business ethics within the organization.
Explanation:In the given scenario, Emily, a website designer, was hired to create an internal website for a company. This internal website that is meant to be accessed solely by employees serves as the company's internal communication platform or intranet.
Businesses often use intranets to store important information in a central place where employees can access it. The site can include various sections such as company policies, news, updates, schedules, and more. The site could also house the company's code of ethics, which governs what actions are permissible within the organization.
Considering the aspects of business ethics, organizations use these internal platforms to ensure that their operations and members align with the set laws and regulations, as well as the company's values.
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Under LIFO, net income exists if revenues are sufficient to cover the __________ cost of the units of inventory sold, provided new units are acquired before the end of the accounting period.
Answer:
total
Explanation:
Remember, a LIFO method of accounting for inventory differs in that it records the most recently produced items as sold first; meaning Last in, First Out. Thus leading to recording the lowest cost of older products in the inventory.
A case of lower Net income (income after deductions of cost) thus exists if revenues are sufficient to cover the total cost of the units of inventory sold which reduces taxes.
A bond is aa.financial intermediary. b.certificate of indebtedness. c.certificate of partial ownership in an enterprise. d.None of the above is correct.
A bond is a certificate of indebtedness.
Explanation:
A bond is a fixed income asset reflecting a loan to a borrower made by an investor. A relationship between the lender and the borrower which includes the details of the loan and its payments could be considered as an I.O.U.
A certificate of indebtedness is a negotiable instrument for the short term as evidence of a floating debt. A certificate of indebtedness was more of a government I.O.U., promising holders of certificates with a set coupon to return their funds.
CDs, bond certificates, promissory notes, etc. are all modern forms of certificates of indebtedness.
Cheyenne Corp. wrote checks totaling $33820 during October and $36928 during November. $32160 of these checks cleared the bank in October, and $36075 cleared the bank in November. What was the amount of outstanding checks on November 30?
Answer:
$2,513.
Explanation:
Outstanding checks are those checks that are recorded in the company's books but the bank has yet to record them and update the bank balance. Since the bank balance will not be updated and it will show a greater balance, so while preparing Bank Statement Reconciliation, we have to deduct the amount of outstanding checks from the Bank account balance as per bank statement. The bank due to many reasons can be unable to clear the checks, the most common ones are workload, timing, etc.
In this case, we are required to calculate the amount of outstanding checks. The mathematics here is simply, add the total checks issued by the corporation and deduct the checks cleared by the bank from it.
⇒ Amount of outstanding checks on November 30 =
33, 820 + 36,928 - 32,160 - 36,075 = $2,513.
Answer: Amount of outstanding checks on November 30 = $2,513
Explanation:
GIVEN the following ;
October check total = $33,820
November check total = $36,928
October cleared checks = $32,160
November cleared checks = $36,075
To calculate amount of outstanding cheques:
Total checks issued :
$(33,820 + 36,928) = $70,748
Total checks cleared :
$(32,160 + 36,075) = $68,235
Outstanding checks:
(Total checks issued - total cleared checks)
$70,748 - $68,235 = $2,513
Outstanding checks may be reffered to as checks which have been sanctioned or issued by the payor ( account owner) but yet to be cleared or cashed by the individual or institution to which the check was addressed.
Suppose that real GDP per capita of the United States is $32,000 and its growth rate is 2% per year and that real GDP per capita of China is $4,000, and its annual growth rate is 7%. How many years will it take for China's real GDP per capita to be larger than real GDP per capita in the United States
Given:
Real GDP of US = 32000
Growth rate of US = 2%
Real GDP of China = 4000
Growth rate of China = 7%
To find:
Number of years taken for China's real GDP per capita to be larger than real GDP per capita in the United States.
Solution:
The formula to calculate the years is,
[tex]GDP_{US}\times[1+growth_{US}]^n<GDP_{China}\times[1+growth_{China}]^n[/tex]
On plugging-in the values,
[tex]\Rightarrow32000\times(1+0.02)^n<4000\times(1+0.07)^n[/tex]
On solving the values we get,
[tex]\Rightarrow8<\frac{(1+0.07)^n}{(1+0.02)^n}[/tex]
Therefore, we can clearly identify that number of years is greater than 40 and less than 45.
It will take approximately 20 years for China's real GDP per capita to be larger than real GDP per capita in the United States.
Explanation:To calculate how many years it will take for China's real GDP per capita to be larger than the United States, we need to use the formula:
GDP per capita (China) = GDP per capita (US) x (1 + growth rate)^n
Let's plug in the values given:
China's real GDP per capita = $4,000
United States' real GDP per capita = $32,000
Growth rate of China = 7% = 0.07
Growth rate of United States = 2% = 0.02
Let n be the number of years.
So, we have:
$4,000 = $32,000 x (1 + 0.02)^n
Simplifying the equation:
(1 + 0.02)^n = 0.125
Using logarithms, we can solve for n:
n = log(0.125) / log(1 + 0.02) ≈ 20.19
Therefore, it will take approximately 20 years for China's real GDP per capita to be larger than real GDP per capita in the United States.
Some high-end retail stores that distribute mail-order catalogs will prominently offer some very high priced goods for sale (for example, a luxury sports car with gold- plated interior trim) in addition to their regular line of merchandise. Behavioral economists argue that the stores do not really plan to sell these goods, but they use these items to provide the customers with a high reference point for the prices of the other goods in the catalog. This practice is an example of: ______.A. the endowment effect. B. loss aversion. C. anchoring. D. sunk cost fallacy
Option C
This practice is an example of: anchoring
Explanation:Anchoring is the effectiveness of unrelated knowledge, such as the acquisition cost of safety, as a reference for estimating or predicting an unknown value of a financial means. Anchoring can be prompt with applicable metrics, such as valuation multiples.
During decision making, anchoring transpires when individuals use a fundamental piece of information to obtain consequent judgments. Once an anchor is established, other judgments are formed by adjusting incessantly from that anchor, and there is a preference proceeding evaluating other information encompassing the anchor.
George's manager has given him the following goal: "Profits should be increased in the coming year in order for employees to receive a monetary bonus." Which characteristic of effective goals is missing?
Answer:
The options for this question are the following:
a. Specific and measurable
b. Cover key result areas
c. Linked to rewards
d. Defined time period
e. Challenging but realistic
The correct answer is a. Specific and measurable .
Explanation:
Without smart goals, there is no success. SMART objectives encourage focus and action. They are a way of contributing structure and measurability to your goals and objectives. If you want to succeed in sports, you must set SMART objectives: specific, measurable, attainable, relevant and temporary. Let's see each one of them and talk about what it really means to set SMART goals:
S - Specific
The less clear your goal is, the less likely it is that you can achieve it. Try to be as specific as possible by asking yourself questions like: What do I really want to achieve? When do I want to get it? Where? How? Including figures in your goal is also a good way to make it more specific. For example: I want to perform 10 Strict Pullups in 15 weeks. Or, my goal is to improve my Aphrodite time by 2 minutes in the next 3 months.
M - Measurable
Measurable is related to the criteria on which you base your achievement, is to have concrete evidence that you have achieved it. How will it make you feel? What are you going to see? Dividing your goal into measurable steps makes it clearer and easier to achieve the desired result.
The publisher of an economics textbook finds that, when the book's price is lowered from $70 to $60, sales rise from 10,000 to 15,000. By the midpoint method, the price elasticity of demand is:
Answer:
Price elasticity of demand = 2.6
Explanation:
Given:
Old price (P0) = $70
New price (P1) = $60
Old sales (Q0) = 10,000 units
New sales (Q1) = 15,000 units
Computation of Price elasticity of demand(e):
Midpoint method
[tex]e=\frac{\frac{Q1-Q0}{\frac{Q1+Q0}{2} } }{\frac{P1-P0}{\frac{P1+P0}{2} } }[/tex]
By putting the value:
[tex]e=\frac{\frac{10,000-15,000}{\frac{10,000+15,000}{2} } }{\frac{60-70}{\frac{60+70}{2} } }\\e=\frac{\frac{-5,000}{\frac{25,000}{2} } }{\frac{-10}{\frac{130}{2} } }\\[/tex]
[tex]e=\frac{\frac{-5,000}{12,500} }{\frac{-10}{65} }[/tex]
e = 2.6
Needs for a project could include telecommunications, transportation, power, and availability of technically skilled talent. These are examples of which of the following environmental factors?1. Geographic2. Infrastructure3. Economic4. Legal5. Political6. Cultural
Answer:
2. Infrastructure
Explanation:
Infraestructure is the collection of physical facilities that a business needs to perform an economic activity in a particular enviroment.
The needs described in the question are infraestructure needs because they refer to physical facilities such as telecommunications infraestructure, transporation means, power (electricity) facilities.
The availability of technically skilled talent is not a physical asset, but it is human capital that is needed to build the infraestructure.
Jeff and Rob have a difficult time getting along at work. Most days, Jeff spends a lot of time cracking jokes and goofing off, while Rob constantly nags him and tells him to act like a grown up. On days when Jeff is more reserved, Rob does not nag him, hoping that this will result in improved behavior down the road. This is an example of which form of behavior modification?A. Empowerment.B. Extinction.C. Punishment.D. Avoidance learning.E. Positive reinforcement.
Answer:
D.
Explanation:
In this scenario when Rob stops nagging Jeff he is implementing the behavior modification known as avoidance learning. This technique theorizes that and individual tends to remove themselves from a scenario in order to avoid certain bad or stress inducing situation. Which Rob does in order to avoid having to deal with Jeff being cracking jokes and goofing off later.
The example of behavior modification that us exhibited by Jeff, by been more reserved is D:Avoidance learning.
Avoidance learning behavior serves as behavior modification which involves process whereby someone avoid a situation where by he can be induced with bad behavior.Jeff became more reserve because he doesn't want to be induced by behaviors of Rob.
Therefore, option D is correct.
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Harris Brown, the marketing manager at a small retail chain, wants to assess his firm's strengths, opportunities, weaknesses, and threats. Which of the following would be best suited for his purpose
Answer:
SWOT analysis.
Explanation:
SWOT analysis is also called the SWOT matrix and is strategic planning used by organisations to identify strengths weaknesses, opportunity, and threats while carrying out business in a competitive environment.
SWOT analysis is designed in such a way that it is most effective at the preliminary stage of planning a business strategy.
It is primarily used to set organisation objectives and to identify internal and external factors that will influence the set objectives.
Final answer:
Harris Brown should perform a SWOT analysis to identify the most critical factors affecting his firm's future success. Addressing each element, whether it is a strength, weakness, opportunity, or threat, will provide direction for strategic decisions to enhance the firm's market position.
Explanation:
Harris Brown, the marketing manager at a small retail chain, is looking to conduct a SWOT analysis to assess his firm's strengths, opportunities, weaknesses, and threats. This analysis will help him identify the most critical factors that could impact his firm's success. For instance, if we identify financial security as a threat due to global economic factors, the firm would need to focus on reducing external threats by cutting costs and leveraging brand strength. However, should the firm have a strong software system, they might consider investing in that strength to outdo competitors or if a weakness is identified such as an inefficient production process, then streamlining it could lead to significant cost savings and better market competitiveness. Every part of the SWOT analysis provides insights into where the firm stands and where it could potentially go.
When conducting a SWOT analysis, it would be pertinent for a company to compare the likelihood of success when choosing to focus on a strength such as improving existing software, against addressing a weakness, like streamlining a production process. It often involves looking at the internal capabilities and the external environment to determine the best strategic direction for the firm. Making such comparisons and decisions is essential for ensuring the company's future success.
Over the last few months, Juan and his colleagues have analyzed the current business situation and identified target markets for his firm's personal care products. Finally, they developed the products, prices, distribution, and promotion that should appeal to each of those target markets. In doing so, Juan has also identified what he believes is an advantage his competitors cannot match. Juan and his colleagues have been developing:_________.
A. a business mission statement.
B. a strategic vision.
C. team-building exercises.
D. a marketing strategy.
E. competitive assessments.
Answer:
D. a marketing strategy.
Explanation:
Based on the information provided within the question it can be said that in this scenario Juan and his colleagues have been developing a marketing strategy. This term refers to the overall plan that a business has created/chosen in order to reach the targeted audience to hopefully turn into customers which will purchase their products and therefore create revenue for the company.
Mary buys a lottery ticket and promises to buy her friend Sharon a new pair of shoes if she checks the lottery results while Mary is away. Sharon agrees to do so, provided she has the time for it. If Sharon fails to check the results and Mary wins the lottery, which of the following would be true of the contract between Mary and Sharon?A. Mary's promise is supported by consideration.
B. Sharon can claim for breach of contract against Mary.
C. Neither Mary nor Sharon can claim breach of contract.
D. Mary can claim for breach of contract against Sharon.
Answer: Neither Mary nor Sharon can claim breach of contract.
Explanation:
The both parties of the contract are not guilty of a breach in contract because of the conditions contained within the contract was not broken. Sharon gave the condition that she would check the lottery ticket if she is chanced, therefore if she doesn't check the ticket she wasn't chanced. Also Mary only promised to buy the shoe for Sharon only when she had checked the ticket, which Sharon failed to do.
Employees and customers are treated like a family at State Street Coffee House. Jason & Jill, the owners, work to encourage unity to increase their employees' job satisfaction & commitment. At their coffee house, Jason & Jill have built a(n)
A) market culture
B) clan culture
C) goal-driven agenda
D) adhocracy culture
E) bureaucracy culture
B) clan culture
Answer:
B) clan culture
Explanation:
Clan culture: This refers to an organization set up more like a family-like or tribe-like in order to promote unity among customers and employees.
Clan culture are team-oriented because they promote working together as a team in order to achieve their aims and objectives.
Jason and Jill have built a clan culture where they made their employees and customers feel like family. They are concerned about the welfare of their customers and employees.
Clan culture could promote corporation among employers, employees and customers and it strengthen the relationship between them. Clan culture makes customers feel at home and it will increase sales and profit of the business owner.
You have set up a user group named Accounting and have put all employees in the Accounting department in this group, which has been given permission to use the Financial folder on a file server. You are now asked to create a subfolder under Financial named Payroll. Megan, the payroll officer, is the only employee in the Accounting department allowed to access this folder. What is the best way to configure the new share?
Answer:
C.
Explanation:
Based on the information provided within the question it can be said that the best and most efficient possible way to achieve this would be to create a new user group named Payroll, put Megan in the group, and assign the group read/write permissions to the Payroll folder. This would give only Megan access to the folder and allow her to both view and change the contents of that folder as she needs to.
Final answer:
To ensure only Megan can access the Payroll subfolder, one must create it within the Financial folder and set the file and directory permissions specifically for her, using system commands or settings to give her exclusive read, write, and execute access, while maintaining traverse permissions for the Accounting group on parent directories.
Explanation:
To correctly configure the new Payroll subfolder under the Financial folder and ensure that only Megan, the payroll officer, has access to it, the best course of action is to use file and directory permissions. Since the Accounting group already has access to the Financial folder, care must be taken to limit the access to the Payroll subfolder.
Firstly, create the Payroll subfolder within the Financial folder. Secondly, set the permissions of the Payroll folder such that only Megan has read, write, and execute permissions. This can typically be done using the chmod and chown commands on Linux systems, or through the properties settings on a Windows system. If Megan is not already part of a distinct group, create one for her or simply set the permissions for her user specifically.
Ensure that the parent folders have at least execute permissions (x) for the Accounting group, so that the file system hierarchy allows traversal to the Payroll subfolder, but restrict the read and write permissions to Megan alone. This arrangement is analogous to having dedicated access controls on directories and files, structured to separate and protect sensitive data appropriately.
Activity-based costing accumulates overhead in one cost pool, then:_____.a. assigns the overhead to products and services by means of a cost driver. b. assigns activity cost pools to products and services, then allocates overhead back to the activity cost pools. c. allocates overhead to activity cost pools, and it then assigns the activity cost pools to products and services by means of cost drivers. d. allocates overhead directly to products and services based on activity levels.
Answer:
c. allocates overhead to activity cost pools, and it then assigns the activity cost pools to products and services by means of cost drivers.
Explanation:
The activity based costing is the costing that helps to allocated the indirect cost or we can say the manufacturing overhead cost with the help of the many cost drivers or the many activity cost pools
Like if we allocate the setup cost so we have to allocated with the number of machine setups.
For the inspection cost, the number of inspections is required so that the allocation could be done
Whindy Corporation, an S corporation, reports a recognized built-in gain of $80,000 and a recognized built-in loss of $10,000 this year. Whindy holds an $8,000 unexpired NOL carryforward from a C corporation year. Whindy's ordinary income for the year is $65,000. Assume a corporate tax rate of 21%.Calculate any built-in gains tax.
Answer:
Built-in gains tax is $13,020 .
Explanation:
The built-in gains tax is one levied against an S corporation that used to be a C corporation, or received assets from a C corporation.
Here,
Gain= $80,000
Loss= $10,000
Holds= $8,000
Income= $65,000
Corporate tax= 21%
To calculate the built-in gains tax, we will need to calculate the net gain of the corporation and multiply it by the tax rate.
= Built-in-gain - built-in-loss - unexpired NOL
80,000 - 10,000 - 8,000 = 62,000
Then
62,000 x 0.21 tax rate = 13,020
= 13,020
Whindy Corporation's built-in gains tax is calculated by subtracting its recognized built-in loss and NOL carryforward from its recognized built-in gain and then applying the 21% corporate tax rate. The taxable built-in gain is $62,000 which results in a built-in gains tax of $13,020.
Explanation:Since Whindy Corporation is an S corporation, it may be liable to built-in gains tax if it recognized built-in gains that were present at the time the corporation converted from C to S status. The recognized built-in gain is $80,000 and the recognized built-in loss is $10,000 for the year. The Net Recognized Built-In Gain would be the recognized built-in gain minus the recognized built-in loss, which equals $80,000 - $10,000 = $70,000. However, Whindy also has an $8,000 unexpired Net Operating Loss (NOL) carryforward from when it was a C corporation, which can offset the built-in gain.
The taxable amount subject to the built-in gains tax would be the Net Recognized Built-In Gain of $70,000 minus the $8,000 NOL carryforward, leaving $62,000 subject to the 21% corporate tax rate. To calculate the tax: $62,000 * 21% = $13,020. Therefore, the built-in gains tax for Whindy Corporation would be $13,020.
Cheese manufacturer Ashe Mountain Corp. started a new chain of movie theaters called Ashe Mountain's Movie World. The theaters have been a major success and significantly increased the revenues of Ashe Mountain Corp. This is an example of:___________________.A. DiversificationB. Market developmentC. Product penetrationD. DifferentiationE. Market penetration
Answer:
A. Diversification
Explanation:
The diversification is a process by which the allocation of the spatial in a way that exposes to many one particular risk and can reduce them and slow down the violated by investing in a variety of assets and thus the cheese manufactured started a new chain of the movie world and led to the significant increase of the revenues.Suppose the price of university sweatshirts increases from $10 to $20 and the quantity supplied increases from 20 to 30. The price elasticity of supply, using the midpoint formula, is:______.A) 0.66. B) 1.50. C) 0.60. D) 1.66.
Answer:
C) 0.60
Explanation:
price elasticity of supply using the midpoint formula = {(S2 - S1) /[(S2 + S1)/2]} / {(P2 - P1) /[(P2 + P1)/2]}
= {(30 - 20) /[(30 + 20)/2]} / {(20 - 10) /[(20 + 10)/2]} = (10 / 25) / (10 /15) = 0.4 / 0.67 = 0.6
This means that the supply is price inelastic since a large increase in price will cause a smaller increase in the quantity supplied.
The _________, also known as the "grapevine," allows employees to speak directly and not chance the message being altered as it moves though the formal communication network
Answer:
Informal communication network
Explanation:
Grapevine within an organisation can lead to various problems, such as confusions and lack of communication. Grapevine are the rumours which are usually circulated by individuals, it can be stopped by proper communication with the employees. Another name of the grapevine is informal communication which allows employees to speak directly without proper channels of the formal communication network.
Master Production Scheduling is a process that brings all the demand and supply plans for the business (sales, marketing, development, production, sourcing, and finance) together to provide management with the ability to strategically direct the business to achieve a competitive advantage.True / False.
The Given statement " Master Production Scheduling is a process that brings all the demand and supply plans for the business (sales, marketing, development, production, sourcing, and finance) together to provide management with the ability to strategically direct the business to achieve a competitive advantage " is FALSE
Explanation:
A master production schedule consists of a timetable for the processing of specific goods, such as demand, staff, inventory, etc. Generally it's correlated with production, where the schedule specifies when each commodity is being ordered and how much.
It contains a broad range of data like the demand outlook, the cost of manufacturing, inventory costs, etc., as well as a production schedule for each of the cycles, specifying quantities to be produced, staffing levels etc.
This production plan:
Works in an aggregate level (this is generally not very specific on the sections that need to be included, etc. – hence the term aggregate scheme); and Cost oriented, which is attempts at minimal costs to meet the specified specifications.Sharon, the human resources director for Tempo Corporation, attempts to comply with the law in dealing withapplicants and employees. One of the challenges Sharon faces is that the legality of an action isa.always clear.b.never clear.c.sometimes clear.d.usually cleard Under
Answer:
c.sometimes clear.
Explanation:
Human resources involves handling the manpower of an organisation in such a way that productivity and motivation to perform are always high and aimed at meeting organisational goals.
While dealing with employees and applicants, the legality of actions are sometimes unclear because depending on the situation one could be taking a wrong or right action.
For example Sharon as the Human Resources Director has an ethical duty to pursue the well being of the staff, and when there is a life threatening practice in the workplace she should take actions to remove it. The problem arises when management is aware of the practice and is in support. Sharon also has an obligation to her employer.
A property sold for $80,000 and the buyer obtained an FHA insured loan for $77,000, how much money would the buyer pay in discount points the lender charged three points?
Answer: $2,310
Explanation:Discount points are fees mortgage borrowers can purchase that lowers the amount of interest they have to pay on subsequent payments. Each discount point generally costs 1% of the total loan amount.
From the question, the loan amount is $77,000, discount points are 1% of $77,000 =$770.
Lender charged 3 discount points
= $770 * 3= $2,310
It seems that most of the CDs in your town’s last remaining music store are old albums from bands that your parents liked years ago. That may annoy you, but music from these __________ albums keeps the music industry profitable.
Answer: Music from these catalogs keeps the music industry profitable.
Explanation:
The records and CDs that are seen in music stores comes from a catalog of music that each record company keeps. The catalogs are copyrighted to keep the integrity of the artists. If they weren't copyrighted anyone could take the music and use it as their own and record it.
Every genre of music has its own fans. The older generation still buys music from artists from their generation. They keep these in stock because they know people will purchase the music.
A zero-coupon bond has a yield to maturity of 11% and a par value of $1,000. If the bond matures in 27 years, the bond should sell for a price of _______ today.
Answer:
The bond should sell for a price of $59.74 today.
Explanation:
Zero Coupon Bond is a bond which does not offer any interest payment but it is issued at deep discount amount from the face value of the bond.
Price of Zero Coupon Bond = [tex]\frac{F}{( 1 + r )^t}[/tex]
F = Face / Par Value of Bond = $1,000
r = rate of interest = 11%
n = number of years = 27 years
Price of Bond = [tex]\frac{1000}{( 1 + 0.11)^27}[/tex]
Price of Bond = $59.74
As Zero coupon bond does not offer any discount so, it is valued much below the par value.
Final answer:
The zero-coupon bond with a yield to maturity of 11% and a par value of $1,000 that matures in 27 years should sell for approximately $118.37 today.
Explanation:
To find the price of a zero-coupon bond that has a yield to maturity of 11% and matures in 27 years, we need to calculate the present value of the bond's par value, which we assume will be repaid at the end of 27 years. Since this is a zero-coupon bond, it pays no interest until maturity, at which point the par value is repaid. The present value can be calculated by using the formula PV = FV / (1 + r)^n, where PV is the present value, FV is the future value (or par value), r is the yield to maturity (expressed as a decimal), and n is the number of years until maturity.
Using this formula, we have:
PV = 1000 / (1 + 0.11)^27
After calculating this, we get:
PV = 1000 / (1 + 0.11)^27 = 1000 / (1.11)^27 \<\/\= 1000 / (8.4457) \<\/\= approximately $118.37
Therefore, the bond should sell for around $118.37 today.