Answer:
True statement about secondary markets is:
B. A broker may bring buyers and sellers together, charging a commission.
Explanation:
In a typical secondary market, investors buy and sell outstanding shares among themselves. Acting as an intermediary between the stock exchange and the investor, a broker arranges the buying and selling of shares among investors, charging a commission for their work. They facilitate the sale and purchase of shares in the secondary market.
The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations. Each would have the same labor and materials costs (food, serving containers, napkins, etc.) of $2.90 per sandwich. Sandwiches sell for $3.70 each in all locations. Rent and equipment costs would be $5,900 per month for location A, $5,950 per month for location B, and $6,200 per month for location C
a. Determine the volume necessary at each location to realize a monthly profit of $12,500·(Do not round intermediate calculations. Round your answer to the nearest whole number.) Location Monthly Volume
b-1. If expected sales at A, B, and C are 23,500 per month, 26,500 per month, and 25,500 per month, respectively, calculate the profit of the each locations? (Omit the "$" sign in your response.) Location Monthly Profits
b-2. Which location would yield the greatest profits?
a) Location A
b) Location C
c) Location B
Answer:
a. Determine the volume necessary at each location to realize a monthly profit of $12,500·
contribution margin per sandwich = $3.70 - $2.90 = $0.80
break even point location A = ($5,900 + $12,500) / $0.80 = 23,000 unitsbreak even point location B = ($5,950 + $12,500) / $0.80 = 23,062.5 ≈ 23,063 unitsbreak even point location C = ($6,200 + $12,500) / $0.80 = 23,375 unitsb-1. If expected sales at A, B, and C are 23,500 per month, 26,500 per month, and 25,500 per month, respectively,
profit location A = (23,500 x $0.80) - $5,900 = $12,900profit location B = (26,500 x $0.80) - $5,950 = $15,250profit location C = (25,500 x $0.80) - $6,200 = $14,200b-2. Which location would yield the greatest profits?
c) Location BOver the past 40 years, technological advances have reduced the cost of computer chips. This has led to _____ in the supply of computers, causing the price of computers to _____. Because computers and computer software are _____ , this change in price causes the demand for computer software to_____. However, computers and typewriters are _____ , so the charge in the price of computers _____ the demand for typewriters.
Answer:
an increase
fall
complements
increase
substitutes
reduces
Explanation:
computer chips are inputs used in the production of computers. If the cost of computer chips decreases, the cost of making computers reduces. This would increase the supply of computers.
When supply exceeds demand, price falls
Complement goods are goods used or consumed together. computers and computer software are complement goods. Due to the rise in computers, the demand for computer software would increase also.
Substitute goods are goods that can be used in place of other goods. Computers and typewriters are substitutes. Since the demand for computers have increased due to the fall in price of computer chips, less typewriters would be demanded for .
As the Chief Executive Officer (CEO) of Organic Foods International, Rebecca signs major contracts with various food suppliers as well as many legal documents. Rebecca is playing the role of a
Answer:
leader
Explanation:
According to Mintzberg, one of the most important roles of managers is to be a leader. The role of the leader requires that a manager exercise their authority and perform related tasks that are their responsibility. In this case, the CEO is responsible for signing contracts in the name of the company.
The role that Rebecca is playing in this case is a Liaison and leader..
A typical liaison responsibility is to act as liaises between two organizations.
A typical role of a leader is to exercise their authority and perform related tasks.
Therefore, Rebecca action in signing major contracts with various food suppliers as well as many legal documents falls under the role of a leader and liaison.
Therefore, the correct option is A and B.
The options to the question includes "a. leader, b. didseminator, c. spokesperson, d. figurehead, e. liasion"
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it is the process of enabling people to increase control and to improve their health.
Answer:
Health Promotion
Explanation:
Health promotion is the process of enabling people to increase control over, and to improve, their health. This is accomplished by building healthy public policies, creating supportive environments, and strengthening community action and personal skills. ...
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Enhance Reinsurance Company was reported to have offered $4.2 million. Find the return that the company was looking for.
Question:
Several years ago The Wall Street Journal reported that the winner of the Massachusetts State Lottery prize had the misfortune to be both bankrupt and in prison for fraud. The prize was $9,420,713 to be paid in 19 equal annual installments. (There were 20 installments, but the winner had already received the first payment.) The bankruptcy court judge ruled that the prize should be sold off to the highest bidder and the proceeds used to pay off the creditors.
a. If the interest rate was 8%, how much would you have been prepared to bid for the prize?
b. Enhance Reinsurance Company was reported to have offered $4.2 million. Use Excel to find the return that the company was looking for.
Answer:
a. The amount I would have been prepared to bid for the prize is $4,761,724
b. The rate of return (r) they (that is Enhance Reinsurance Company) was looking for is r = 9.81%.
Explanation (a):
I would be willing to pay approximately USD 4.76 Million for the lottery because my Present Value calculations show me that the total value of the money now is worth less than it will be by the time I have collected the last installment 19 years later.
Present Value in finance refers to the incumbent value of cash or money or stream of cash flows to be received at a future date and or time subject to a rate of return. Its formula is given as follows
PV = [tex]FV\frac{1}{(1+r)^{2} }[/tex]
Step 1:
If there were 20 installments and the winner had already received the first installment, then the remaining monthly installments (that is the Future Values) are given as follows:
Balance divided by 19 years
$9,420,713 / 19 = $495,827
Step 2:
PV=$495,827 [tex][\frac{1}{0.08} - \frac{1}{0.08 X (1.08^{19} )} ][/tex]
PV = $4,761,724
Explanation (b):
Given that Enhance Reinsurance Company (ERC) was willing to pay $4.2 Million, the rate of return they were looking at can be calculated as follows:
$4,200,000 = $495,827 x [tex][\frac{1}{r} - \frac{1}{r X (1+r)^{19} } ][/tex]
Computing the above with excel, we arrive at 9.81%.
Cheers!
In 2014, short-term interest rates were near zero, and yet the economy was still sluggish with low rates of economic growth and relatively high unemployment. What slow should be pursued in such an environment
Which of the following actions would be the best way to identify one's areas of stregth? a) visit a career fair
b) write a resume
c) consult the occupational outlook handbook
d) take a self-assessment test
Answer:
d) Take a self-assessment test.
Explanation:
To determine what one's strengths are, there is no one better than oneself to know them. This is because, an individual knows himself best, more than anyone else.
So, in order to identify the areas of interest of a person, that person can take a self-assessment test that will help him/ her see what are the strengths, the qualities that he possesses, etc. This self-assessment test will help figure out the pros and cons of that person and help determine the strengths he possesses.
Thus, the correct answer is option d.
A candy bar manufacturer is interested in trying to estimate how sales are influenced by the price of their product. To do this, the company randomly chooses 6 small cities and offers the candy bar at different prices. Using candy bar sales as the dependent variable, the company will conduct a simple linear regression on the data below:
City Price ($) Sales
River Falls 1.30 100
Hudson 1.60 90
Ellsworth 1.80 90
Prescott 2.00 40
Rock Elm 2.40 38
Stillwater 2.90 32
Referring to the above listed table, what is the estimated slope parameter for the candy bar price and sales data?
A) 161.386
B) 0.784
C) -3.810
D) -48.193
Referring to the table, what is the estimated average change in the sales of the candy bar if price goes up by $1.00?
A) 161.386
B) 0.784
C) -3.810
D) -48.193
Referring to the table, what is the coefficient of correlation for these data?
A) -0.8854
B) -0.7839
C) 0.7839
D) 0.8854
Answer:
-48.193
-48.193
-0.8854
Explanation:
Given the data:
Price (X) : 1.30, 1.60, 1.80, 2.00, 2.40, 2.90
Sales (Y) : 100, 90, 90, 40, 38, 32
To answer the questions, we create a linear regression equation, using an online regression calculator :
The regression model obtained is :
ŷ = -48.1928X + 161.3855
The general form of a regression equation is :
y = mx + c
Where ;
y = dependent variable ; x = independent variable ; m = slope ; c = intercept
From the model, slope, m = - 48.1928
2.) Estimated average change if price goes up by $1.00
This is the value of the slope which is the average rate of Change in the dependent variable if the independent variable charges by 1 unit.
= - 48.193
C.)
Coefficient of correlation : - 0.8854 (using the correlation Coefficient calculator) ; This implies a strong negative correlation between the variables.
If the adoption of a new product will reduce the sales of an existing product, then the projected sales should:_______.
a) reflect only the sales of the new product
b) include only the reduction amount.
c) equal the incremental increase in total sales.
d) be adjusted upward by the reduction amount.
Answer:
C. equal the incremental increase in total sales.
Explanation:
This analysis is mostly used in a lot of cases by companies in checking the profitability of all their dealings which is been done in segments here. In the case above equalling total sale increment comes on if reduction will be seen in the old stock value when the new product comes on board. This is seen to be done by companies mostly when it puts its attached statement from their income to the earned total.
Also, summations of this kind is also seen to manipulate the revenue change percentage which is dependent on when these events were been documented.
If Kaci finds $1,000 under her bed and deposits in a bank, what is the immediate change in checkable bank deposits (demand deposits)
Answer: Increase by $1,000
Explanation:
Kaci took the $1,000 and deposited it in a bank account. This will increase checkable bank deposits by the same amount because this is what the money will be classified as.
It will form part of M1 money supply which consists of the most liquid currency like physical cash and demand deposits.
The immediate change in checkable bank deposits (demand deposits) is increased by $1,000.
Given that,
If Kaci finds $1,000 under her bed and deposits in a bank.The change should be explained below.Based on the above information, the following information should be considered:
In the case when kaci took $1,000 and the same should be deposited in the bank account.It increased the checkable bank depositsTherefore, we can conclude that the immediate change in checkable bank deposits (demand deposits) is increased by $1,000.
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An organization expresses its reason for being, what it aspires to be, and the values it wants to emphasize in its mission, vision, and values statements, respectively. This activity is important because these three statements are the necessary foundation for a successful organizational planning process.
The goal of this exercise is to challenge your knowledge of important components of organizational mission, vision, and values statements.
Read the descriptions and select whether the description pertains to a mission, vision, or value statement.
1. Describes the image the organization wants to project
A. Values Statement
B. Vision Statement
C. Mission Statement
2. Inspires enthusiasm and encourages commitment
A. Vision Statement
B. Values Statement
C. Mission Statement
3. Illuminates the organization’s attitude toward its employees
A. Values Statement
B. Vision Statement
C. Mission Statement
4. Is intended to guide all of the actions in the organization
A. Vision Statement
B. Mission Statement
C. Values Statement
5. Is easily understood and well-articulated
A. Vision Statement
B. Mission Statement
C. Values Statement
6. Outlines the organization’s customer base
A. Values Statement
B. Vision Statement
C. Mission Statement
7. Expresses the company’s worldview
A. Vision Statement
B. Mission Statement
C. Values Statement
8. Is appropriate for the times and for the organization
A. Mission Statement
B. Values Statement
C. Vision Statement
9. Limits itself to a small number that employees can recall when making decisions
A. Mission Statement
B. Vision Statement
C. Values Statement
10. Articulates the geographical locations where the company competes
A. Vision Statement
B. Mission Statement
C. Values Statement
11. Unchanging; As applicable in 100 years as it is today
A. Vision Statement
B. Mission Statement
C. Values Statement
12. Reflects high ideals
A. Mission Statement
B. Vision Statement
C. Values Statement
Solution :
Vision statement : A vision statement is defined as an inspirational statement of the economic future of any organization. It is what the organization is going to be in the future.
Mission statement : A mission statement supports the vision statement and says the ways to achieve and meet the vision.
Value statement : A value statement describes and defines in what any organization believes and how its employees should behave in the organization.
The following statements describes :
1. Describes the image the organization wants to project
---- it is a Mission Statement
2. Inspires enthusiasm and encourages commitment
------it is a Vision Statement
3. Illuminates the organization’s attitude toward its employees
----- it is a Mission Statement
4. Is intended to guide all of the actions in the organization
----- it is a Value Statement
5. Is easily understood and well-articulated
------ it is a Vision Statement
6. Outlines the organization’s customer base
------ it is a Mission Statement
7. Expresses the company’s worldview
------ it is a Value Statement
8. Is appropriate for the times and for the organization
------ it is a Vision Statement
9. Limits itself to a small number that employees can recall when making decisions
------ it is a Value Statement
10. Articulates the geographical locations where the company competes
------ it is a Mission Statement
11. Unchanging; As applicable in 100 years as it is today
------- it is a Value Statement
12. Reflects high ideals
------ it is a Vision Statement
You have $100 to invest. If you put the money into an account earning 5% interest compoundedannually, how much money will you have in 10 years
Answer:
$162.89
Explanation:
Given that :
Principal (p) = $100
Interest rate (r) = 5% = 0.05 (compounded annually)
Time or period = 10 years
Compound interest formula :
A = P(1 + r/n)^nt
A = final amount ; n = number of compounding times per period
A = 100(1 + 0.05/1)^1*10
A = 100(1 + 0.05)^10
A = 100(1.05)^10
A = 100(1.62889462677744140625)
A = 162.8894626
A = $162.89
How would you pay taxes on a unearned income?
how do i make spaghetti?
Kramer Corporation recently announced that its net income (EAT) was lower than last year. However, analysts estimate that the company's net cash flow (NCF) increased. What factors could explain this discrepancy
Answer:
When you are preparing the cash flow statement, some adjustments are made that actually increase the cash flow even if the net income has decreased, for e.g.:
lower accounts receivableslower inventorieshigher depreciation and amortization expenseshigher accounts payables and accrualssale of investmentsnew long term debtless dividends distributednew capital raisedb. Using the midpoint method (show your work), calculate the price elasticity of demand when the price of a barrel of gosum berries rises from $70 to $80. What kind of elasticity is this value that you computed for the price elasticity of demand and what does it mean for how demand will change based on a change in price within this price range?
Answer:
no
Explanation:
"home is the best place for a sewing machine" what does it mean?
You are writing directions for fixing jams in your office's copier. To show the steps to take, why will a diagram be more effective than a photo?
A. A diagram is easier to draw.
B. A diagram will appeal to the reader's emotions.
C. In a diagram, it is easier to identify the parts inside the copier.
D. In a diagram, the reader can see the copier's exact appearance.
Answer:
C. In a diagram, it is easier to identify the parts inside the copier.
Explanation:
Based on the information given the reason why a DIAGRAM will be more effective than a photo is that a DIAGRAM is an illustration that will effectively help to show and explain in details and in a clear way the exact way all the parts inside a copier look like and how the copier work which will inturn enables the repairer to easily identify all the parts inside the copiers and the exact parts to fix the jams that occured while a PHOTO on the other hand cannot Effectively illustrate and identify each parts of the copier.
Therefore DIAGRAM is more effective than a photo because it is more easier to identify the parts inside the copier.
Assume the appropriate discount rate is 2% per period. The discount factor for a cash flow 10 periods from today is closest to:
Answer:
0.8203
Explanation:
Given that :
Using the discount factor formula :
1 / (1 + r)^n
r = discount rate = 2% = 0.02
n = number of periods = 10
1 / (1 + 0.02)^10
1 / (1.02)^10
1 / 1.21899441999475713024
= 0.8203482
= 0.8203
The nominal interest rate is 7% and the expected inflation rate is 2%. Based on the Fisher effect, the real rate of interest is: (Hint: keep up to four decimal points in calculation) Group of answer choices 6.86% 5.1% 5.0% 9%
Answer:
Real interest rate= 0.05 = 5%
Explanation:
Giving the following information:
Nominal interest rate= 7%
Expected inflation rate= 2%
The inflation rate decreases the purchasing power of nominal money. It has the opposite effect of the nominal interest rate.
To calculate the real interest rate, we need to use the following formula:
Real interest rate= nominal interest rate - inflation rate
Real interest rate= 0.07 - 0.02
Real interest rate= 0.05 = 5%
Drawing on material in the chapter and your own research, prepare a paper describing your views on the major social and legal issues facing online retailers.
Answer: Online Sales Taxes
Explanation:
Taxes has grown much bigger for most online retailers, when the like of Amazon started selling products online they were not billed to pay tax, those taxed then where companies who had a building(structure) but now online stores are now subject to taxes.
Some of the tax are much that it affects sellers who are not able to break even and make profit, especially when they don't meet targets they've set for themselves.
Which of the following is true of marginal product? Select one:
a. When marginal product is negative, total product is increasing
b. When marginal product is increasing, total product is decreasing.
c. When marginal product is positive and decreasing. total product is decreasing.
d. When marginal product is positive and decreasing. total product is increasing by increasing amounts.
e. When marginal product is increasing, total product is increasing by increasing amounts.
Answer: When marginal product is increasing, total product is increasing by increasing amounts.
Explanation:
The marginal product is simply referred to as the additional output that is created due to the fact that an additional input has been placed into that particular organization or company.
The option thst is true of marginal product is option E "When marginal product is increasing, total product is increasing by increasing amounts".
We should also note that when the marginal product is reducing, but is still positive, then the total product will be increasing even though it'll now be at a decreasing rate.
In the long run, did the mining of silver and gold stimulate the economic growth of Latin America or hold it back?
Answer:
In the long run, the mining of silver and gold held back the economic growth of Latin America.
Explanation:
Wealth was created in the short run. However, this initial wealth creation was not extended to the whole economy. Few people were enriched by the mining activities. They became lords and bourgeoises and dissipated the resources on frivolities, thereby entrenching a circle of poverty mentality among the populace. Instead of reinvesting the resources acquired from mining into productive ventures, much of the resources were used to live ostentatious lives that did not benefit the people in the long run. This picture has been the bane of all resource-rich nations.
QUESTION (2)
What is supply chain Management (Explain in details )?
Answer:
The management of the flow of goods and services, involved the movement and storage of raw materials of work-in-process inventory and of finished good as well as end to end other fulfilment from point of origin to point of consumption.
What are the portfolio weights for a portfolio that has 145 shares of Stock A that sell for $45 per share and 110 shares of Stock B that sell for $27 per share
Answer:
Portfolio weight A = 0.6872
Portfolio weight B = 0.3128
Explanation:
Calculation for What are the portfolio weights
First step is to calculate the Top Value
Top Value = 145(45) + 110(27)
Top Value = 9495
Calculation for Portfolio weight A
Portfolio weight A = 145(45)/9495
Portfolio weight A = 0.6872
Calculation for Portfolio weight B
Portfolio weight B = 110(27)/9495
Portfolio weight B = 0.3128
Therefore the portfolio weights are :
Portfolio weight A = 0.6872
Portfolio weight B = 0.3128
In the current business environment, companies cannot survive without a long-term strategy. What exactly should an effective strategy include
Answer:
A set of plans for using resources to achieve sustainable
Explanation:
Long-term strategies
Long-term business strategies can be regarded as strategies that are utilized to get ones business through a pre-defined direction in coming years. It is a results-based strategy and usually fall between some time frame. It should be noted that In the current business environment, companies cannot survive without a long-term strategy. Companies should include
an effective strategy of A set of plans for using resources to achieve sustainable
A company purchased inventory for $2,000 from a vendor on account, FOB shipping point, with terms of 2/10, n/30. The company paid the shipper $100 cash for freight in. The company then returned damaged goods worth $200. The invoice has been paid 8 days after the sale. Assuming that there was no beginning inventory balance, the cost of inventory would be: (Assume a perpetual inventory system)
Answer:
$1,864
Explanation:
Calculation for Assuming that there was no beginning inventory balance, the cost of inventory would be:
Cost of Purchase$2,000
Less Purchase Returns($200)
Less Purchase Discount ($36)
[(2%*$2,000)-(2%*$200)]
($40-$4=$36)
Add Freight In $100
Net Cost of Inventory Purchased $1,864
($2,000-$200-$36+$100)
Therefore Assuming that there was no beginning inventory balance, the cost of inventory would be: $1,864
Wang, Inc. borrowed $10,000 from Second National Bank on January 1, 2010. The loan is to be repaid on July 1, 2010, along with interest at 6% per year. How much interest should be paid on July 1?
Answer:
$300
Explanation:
Given that:
Amount borrowed = $10000
Date borrowed = Jan 1, 2010
Repayment date = July 1, 2010
Interest rate = 6% ; time = 6 months = 0.5 year
Using the relation :
A = P(1 + rt)
A = final amount to be paid
A = 10000(1 + 0.06*0.5)
A = 10000(1 + 0.03)
A = 10000(1.03)
A = $10,300
Interest paid = $10300 - $10000 = $300
Corporate philanthropy: Group of answer choices is defined by none of the above is not a way that many companies today express their social responsibilities can be either a cash or a noncash donation is defined as the corporation's responsibility to satisfy the needs of its investors is the practice of limiting investments to companies that behave in accordance with the investors' code of ethics
Answer:
None of the above.
Explanation:
Philanthropy, whose initial meaning is "love for humanity", is the practice through which the private sectors allocate part of their economic funds to charity or the performance of public works, through foundations or charitable funds that finance works that meet the needs of society or a sector of it. In this context, corporate philanthropy is the exercise of this type of activity by business or corporate groups, which use part of their earnings for the development of charities or public works.
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