A zero coupon bond: Group of answer choices is sold at a large premium. has a market price that is computed using semiannual compounding of interest. can only be issued by the U.S. Treasury. has less interest rate risk than a comparable coupon bond. has a price equal to the future value of the face amount given a positive rate of return.

Answers

Answer 1

zero coupon bond equal to the future value of the face amount given a positive rate of return.

Bond with No Coupon Zero coupon bonds do not pay interest during the term of the bond. Rather, investors purchase zero coupon bonds at a significant discount to their face value, which is the amount the investor would get when the bond "matures" or comes due.

What is Zero coupon bonds?

A zero-coupon bond, also known as an accrual bond, is a debt security that does not pay interest but instead trades at a steep discount, yielding a profit when redeemed for its full-face value at maturity.

A zero-coupon bond is a type of debt asset that does not pay interest.Zero-coupon bonds trade at steep discounts and pay full face value (par) at maturity.The difference between the purchase price and the par value of a zero-coupon bond represents the investor's return.What is the difference between regular bonds and zero-coupon bonds?

Regular bonds, commonly known as coupon bonds, pay interest over the life of the bond and reimburse the principle when it matures. A zero-coupon bond, also known as an accrual bond, is a debt security that does not pay interest but instead trades at a steep discount, yielding a profit when redeemed for its full-face value at maturity.

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Related Questions

What are the characteristics of a high-performance work system approach to hrm?

Answers

The characteristics of a high-performance work system approach to HRM  are-

Focuses on collective levels of human and social capitalEnhances the performance of all employees systematicallyImproves employee motivation and opportunities

Among the trends that are occurring in today's high-performance work systems are reliance on knowledge workers, empowerment of employees to make decisions, and the use of teamwork.

A high-performance work system is a bundle of HRM practices designed to promote employees' skills, motivation and involvement to enable a firm to gain a sustainable competitive advantage (Datta et al., 2005; Guthrie, 2001; Huselid, 1995), which includes employment security, extensive training, teams and decentralized

The phrase 'high-performance human resources' (HPHR) is generally taken to refer to human resource management (HRM) practices that have positive effects on the performance of an enterprise, typically a business enterprise.

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In what ways are clients/customers counting on 3pls for involvement with information technology-based services?

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The following sections highlight how clients/customers rely on 3pls for engagement in information technology-based services.

• Currently, 3PL businesses provide more than 70% of warehouse and distribution center management services in IT-based services.

• In addition, they provide more than 60% of cargo monitoring, transportation management, web-enabled communication, and export-import freight forwarding.

• 3PL businesses contribute little to other services such as customer order management, supply chain planning, and supplier management systems. However, owing to the development of innovative and advanced technology, it is predicted to increase by 30% in the near future.

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Was your decision about what college or university to attend a rational decision? did you go through each step in rational decision making? if not, why not?

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Answer:

Yes, I chose on the basis of location. size, and special programs. I did research on six excellent schools, and was accepted by all of them, then took my top choice based on the criteria above. You should do the same, and above all avoid the silly and irrelevant rankings. They are meaningless for all students. Choose the “best fit” for you.

Explanation:

An employee survey at a company indicates that many employees are unhappy with the retirement plan

Answers

An employee survey is designed to get valuable feedback from employees to help implement changes that create a greater employee experience.

The goal of an employee survey is to gather insightful comments from staff members to aid in the implementation of improvements that improve the employee experience. These surveys eventually assist HR in developing strategies and planning efforts that boost retention and engagement among staff members, which may result in a more successful firm.

Employee Survey's attitudes towards management are intended to reveal these feelings. The management can learn what employees are thinking and feeling about brand-new changes to the organization by using sentiment analysis.

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Point x on a linear production possibilities curve represents a combination of 50 watches and 20 clocks, and point y represents 20 watches and 80 clocks. Suppose, clocks are on the vertical axis and watches are on the horizontal axis. The opportunity cost of producing one watch is:

Answers

Based on the coordinates of point x and those of point y on the linear production possibilities curve, the opportunity cost of producing one watch is 2 fewer clocks.

What is the opportunity cost of producing one watch?

The opportunity cost of producing one watch is the number of clocks that needs to be given up per watch.

This will therefore be the slope of the linear production possibilities curve which can be found as:

= (Y₂ - Y₁) / (X₂ - X₁)

Solving gives:

= (80 - 20) / (20 - 50)

= 60 / -20

= -2 clocks

This means that for every watch produced, there will be 2 clocks that will be foregone to make that watch.

In conclusion, the opportunity cost is 2 clocks.

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What are fdr’s expectations from the public once the banks are reopened? why?

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FDR expected to restore the public confidence in banks once the banks are reopened because he initiated emergency suspension of all banks and made banking regulations and laws that made banks accountable and reliable.

FDR attempted to stabilize and regain public trust in the country's banking system.

The new president FDR proclaimed a four-day banking holiday that shut down the financial sector, including the Federal Reserve. A few days after this action, the Emergency Banking Act was passed with the goal of restoring Americans' faith in banks when they reopened which resulted in returning of hoarded money by public to banks.

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cash equivalents: include 6 month certifactes of deposit, include money orders, include checking accounts

Answers

Cash Equivalents are short-term, highly liquid investment assets.

What are cash equivalents?

Equivalents to cash investments that have a limited time horizon are very liquid and have low loss potential. No distinction between amounts held in cash-equivalent investments and quantities held in cash in the form of currency or bank account balances.

What do cash equivalents include?

Bank accounts and marketable securities like commercial paper and short-term government bonds are examples of cash equivalents. The maturities of cash equivalents should be three months or fewer.

Is money order a cash equivalent?

Remember that money orders are monetary instruments that are treated the same as cash when you get one. Keep them secure or use them as soon as you can.

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The correct question is:

Cash equivalents:

Multiple Choice

Are short-term, highly liquid investment assets.

Include 6-month certificates of deposit.

Include checking accounts.

Are recorded in petty cash.

Include money orders.

Some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they do not have well-developed financial markets. does this argument make sense?

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This argument makes sense as some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they don't have well-developed financial markets.

Why do economies in developing countries grow slowly?

The financial market is crucial for facilitating the flow of funds from individuals to investors to promote economic efficiency. It is exceedingly expensive and challenging to establish efficient financial markets in underdeveloped markets in emerging countries, which hurts economic growth.

What causes a country to grow faster than another country?
The labor force in nations having access to new technology and/or a wealth of research and development is frequently more productive than in nations without such access. Economic growth accelerates as productivity rises.

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When delivering 2023 murano, demonstrate how to turn the driver assistance technologies on or off using ________.

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When delivering 2023 Murano, the driver assistance technologies can be turned on or off using The Driving Aids screen in the Advanced Drive-Assist Display. In the "Driver Assistance" menu, touch on Advanced Drive-Assist® Display under Settings.

What is Advanced Drive-Assist® Display?

The instrument cluster of models with the Nissan Advanced Drive Assist Display has an additional LCD screen. The 4.3-inch screen, which is wonderfully clear, is located between the MPH and RPM meters.Nissan added this display to make it simpler for the driver to maintain their focus on the road rather than a smartphone or the center console display screen.The driver can quickly glance down and view the information they need by having incoming calls, text messages, 4WD torque distribution, navigation instructions, service warnings, and other information shown on the Advanced Drive Assist Display. Even better graphics are provided by the screen's tilt design and intuitive 3-D depth.

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What combination of proposals would you choose given the $5,000 the school has to spend?

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The combination of proposals would you choose given the $5,000 the school has to spend is a playground for use in physical education, kindergarten instructors, and Math. This is further explained below.

What is physical education,?

Generally, Physical education and games are often taught in schools.

In conclusion, Because the first investment will ensure that each student's physical health is taken care of, and the second investment will ensure that each student has a solid foundation in mathematics, both of these are equally important.

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If you, as an individual, conclude that doubling your pay check is a good thing for you, then it must be a good thing for the entire society.\

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The statement is false. The doubling of a paycheque is not a good thing for the entire society.

Your pay cheque is a piece of paper that your organization gives you as your wages or revenue, and which you may then cash at a bank. you may also use a pay cheque as a manner of regarding your wages or salary. they have got labored for about weeks without a paycheck. COBUILD Advanced English Dictionary.

The first data of the time period paycheque come from the early 1900s. It combines the phrases pay, which can mean “the money a worker gets in change for paintings,” and test, a report that directs a bank to present someone the quantity of cash detailed.

A paycheque, also spelled pay check or pay cheque, is historically a paper file issued via an organization to pay an employee for offerings rendered.

Your question is incomplete. Please find the complete question below.

If you, as an individual, conclude that paying no taxes is a good thing for you, then it must be a good thing for the entire society.

- True

- False

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In a major metropolitan area, one chain of coffee shops has gained a large market share because customers feel its coffee tastes better than that of its competitors.

Answers

In this case,  buyers view the sellers' products as NOT identical.

What is sellers' products?

sellers' products serves the product of a company, that is been branded so as to gain more consumers.

In the case above above even though the product is coffee for both seller , their package and branding is different so therefore, they will attract different numbers of consumers.

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Louisa is the delivery manager at a luggage manufacturing company. She must inform her supervisor that the shipment of a particular batch of luggage will be delayed because a team member made a mistake with the dates. What is the most effective way for Louisa to convey this bad news to her supervisor

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Louisa to convey this bad news to her supervisor that she ought to endorse a solution on way to assist her manager to cope with the postponement.

A manager, or lead, is the project identify of a decrease-diploma manipulate characteristic that is based on authority over workers or place of job. A manager additionally may be one of the most seniors in the staff in the administrative center, which includes a professor who oversees a Ph.D. dissertation.

Supervisor responsibilities encompass:

managing workflow. education new hires. developing and coping with team schedules.

The supervisor's everyday position is to speak approximately organizational needs, oversee employees' standard overall performance, provide steerage, and resources, grow to be privy to improvement needs, and control the reciprocal dating among the workforce and the company so that everybody is an achievement.

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What strategic role has emerged as critical in recent years in large organizations due to cyber attacks

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Chief Security Officer's strategic role has emerged as critical in recent years in large organizations due to cyber attacks.

Who is Chief Security Officer?

A C-suite executive known as a Chief Security Officer (CSO) is in charge of the physical and electronic security of a corporation. The CSO manages risk identification, assessment, and prioritization while also providing executive leadership and guiding all organizational security-related initiatives.

What are the skills of chief security?

A track record of designing security protocols and processes for both physical and digital environments. Strong interpersonal and communication abilities, outstanding managerial abilities and the capacity to serve as a team leader, information management systems expertise and cybersecurity knowledge.

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When a pharmaceutical company advertises that its product has a greater pain-relieving effect than Tylenol, it is using _____ advertising.

Answers

When a pharmaceutical company advertises that its product has a greater pain-relieving effect than Tylenol, it is using comparative advertising.

What do you mean by comparative advertising?

A marketing tactic known as comparative advertising presents a company's product or service as being superior to that of a rival. The features of a company's products next to those of its rivals may be printed in a side-by-side comparison as part of a comparative advertising campaign.

Comparative advertising, also known as combative advertising, refers to a type of advertisement in which a certain product or service directly names a rival in order to demonstrate why the rival is inferior to the product naming it.

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A machine has a cost of $15,000, an estimated residual value of $3,000, and an estimated useful life of four years. The machine is being depreciated on a straight-line basis. At the end of the second year, what amount will be reported for accumulated depreciation?.

Answers

The amount in accumulated depreciation at the end of the second year: $6,000.

What is Depreciation?

Long-term assets are used up gradually over their lives and this use needs to be expensed under the matching principle in the GAAP (Generally Accepted Accounting Principles). The way this is done is by using a method of depreciation to approximate the expense.

Formula :

Accumulated Depreciation = [tex]\frac{ Cost of Assets - Salvage/ Residual Value}{Life of the asset}[/tex] × [tex]No. of Year[/tex]

Given:

Asset Cost = $15,000

Residual Value = $3,000

No. Of Year= 2

SOLUTION-

We find the amount in accumulated depreciation by finding the depreciable value:

Depreciable Value = Asset Cost - Residual Value

Depreciable Value = $15,000 - $3,000

Depreciable Value = $12,000      

Now, let's divide this by 2 to find the amount in accumulated depreciation at the end of the second year:

Accumulated Depreciation =$12,000 / 2 = $6,000

Hence,  The amount in accumulated depreciation at the end of the second year is $6,000.

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Kaylee's Kids Sports sells soccer balls for $18. They must mark up the balls 32% on selling price to make a profit. Identify each of the figures.

Answers

Answer: $12.24=cost,

Explanation:

$5.76=Markup $ Amount, 68%=complement of the markup, 100%=Selling Price

Tactical managers are often referred to as _____ managers

Answers

Tactical managers are often known as the middle manager.

Manager in the middle. Middle-level managers are superior to front-line managers and team leaders. They are responsible for transforming the basic goals and plans set by strategic managers into more particular objectives and activities. They are also known as tactical managers.

Furthermore, the middle manager serves as a communication conduit inside the business, relaying significant leadership decisions and the organization's principal goals to lower-level personnel. This adds to greater worker collaboration and makes a firm more cohesive.

Therefore, the answer is middle manager.

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In the consumer decision journey, _______ extends customer interactions to new sources of value, such as related products or partnered businesses.

Answers

In the consumer decision journey "innovation" extends customer interactions to new sources of value, such as related products or partnered businesses.

What is partnered business?

A formal agreement between two or more parties to run a business and split the profits is called a partnership.

Some key features of partnered business are-

Partnership arrangements come in many different forms. One type of business where partners may have minimal liability is a partnership where all participants share profits and liabilities equally.All partners in a general partnership are responsible for management and earnings. They each have the authority to act on behalf of the company because they jointly own the assets. Additionally, each partner is totally liable for all of the firm's financial commitments.

Advantages of partnered business are-

Two heads are better than one, and that is one benefit of a partnership.Your company is simple to launch and has modest startup expenses. The business has access to extra funding.

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_____________ is a condition in which the quality, variety, and/or desirability of the diet is reduced and there is difficulty at times providing enough food for everyone in the household.

Answers

The answer is “ Food insecure” I hope this answer will help you.

When reviewing the offering documents for a new issue, the FINRA Corporate Financing Department will only permit a new issue to be sold by a member firm if the offering spread is

Answers

The FINRA Corporate Financing Department will only approve a new issue to be offered by a member firm after analyzing the offering documentation for the new issue and determining that the offering spread is reasonable and fair.

What does the finance department do?

A business's finance department is the division in charge of procuring and managing all financial resources on the company's behalf. The department oversees income and expenses in addition to ensuring that operations function smoothly with the least amount of disturbance.

How does a financial department operate?Banking, leverage or debt, credit, capital markets, money, investments, and the design and management of financial systems are all included in the field of finance.Micro economic and macroeconomic theories form the foundation of fundamental financial ideas.Why is a company's finance department important?

A company's finance department is crucial in monitoring performance and developing answers to vital inquiries concerning risk management and return on investment. There won't be a green light without a profit.

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1.05 the market place economic

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A market economy serves as an  economic system in which economic activities is been controlled by individuals.

What is market economy?

market economy serves as the economy that that gives country's individual citizens and businesses to be able to make decisions .

This decision could be  pricing of goods and services  which are been controlled  by the interactions of a country's individual citizens.

COMPLETE QUESTION:

Explain market place economy

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(g) The government imposes a per-unit tax on the production of knowledgium. Which of the seven cost curve(s) would be affected

Answers

If the government should impose the per unit tax, the parts that would be affected are the average variable cost and the average cost

What is the per Unit tax?

This is the tax that is imposed per unit or on each unit of a good that has being sold or a service that has been rendered.

This is the type of tax that would affect the average variable cost and the average cost.

This type of tax is one that is proportional to the unit of the good sold. This is in terms of the quantity sold and not the price that was used to sell the good.

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With respect to Government-wide financial statements, which of the following is not required by GASB

Answers

GASB has required governmental fund statements are a balance sheet and an announcement of sales, costs, and adjustments in fund balances.

Required governmental fund statements are a stability sheet and an announcement of revenues, costs, and adjustments in fund balances. Required proprietary fund statements are a statement of internet assets; an announcement of revenues, expenses, and adjustments in fund internet property; and an announcement of coins flows.

The authorities-extensive financial statements file statistics on all of the non-fiduciary sports of the primary authorities and its component units. The minimal requirements for fashionable purpose external monetary reporting are, control's dialogue and analysis,  the fundamental monetary statements, together with the notes to the monetary statements, and combining and character fund economic statements.

The GASB requires economic statement reconciliations: (1) a reconciliation of the whole governmental fund balances on the governmental finances stability sheet to the entire governmental activities net function at the government-huge assertion of the net role and (2) a reconciliation of the internet change in governmental.

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Practices that reduce competition without actual documented agreements between firms to raise price are commonly referred to as ______________________ .

Answers

Practices that reduce competition without actual documented agreements between firms to raise price are commonly referred to as restrictive practices.

How does competition affect the demand curve of a firm?

When competing firms establish prices in response to the prices set by their competitors, the demand curve that each firm faces becomes ambiguous. Increased government wheat price subsidies will not make wheat growing more lucrative.

What has the regulator allowed firms to do to set prices?

The regulator has allowed for an adjustment for the firm's usual rate of profit, and then established the price that customers can be paid correspondingly.

What are Restrictive practices?

Restricted interventions are another term for restrictive practice. This is when someone is forced to do something they don't want to do or is prevented from doing something they want to do.

This can be accomplished by employing:

seclusion.environmental constraint medication (sometimes referred to as chemical restraint).mechanical restraint psychological restraint.

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Two banks in the area offer 35-year, $255,000 mortgages at 6.2 percent and charge a $4,200 loan application fee. However, the application fee charged by Insecurity Bank and Trust is refundable if the loan application is denied, whereas that charged by I. M. Greedy and Sons Mortgage Bank is not. The current disclosure law requires that any fees that will be refunded if the applicant is rejected be included in calculating the APR, but this is not required with nonrefundable fees (presumably because refundable fees are part of the loan rather than a fee). What are the APRs on these two loans

Answers

The APRs on these two loans are:

For insecurity bank and trust EAR = (1+ r/m)^m-1= 6.38

For I m greedy and my son's mortgage EAR= 6.53 loading fees into the loan

APR = Fee (loan fees +interest) *365* 100/amount financed/ number of days of term of loan = 6.34 for both the banks.

In its only implementation, APRS is used to transmit actual-time records, statistics, and reviews of the exact vicinity of a person or object thru a records signal sent over amateur radio frequencies.

Automatic Packet Reporting gadget is a beginner radio-primarily based machine for actual time virtual communications of statistics of instantaneous fee in the nearby vicinity. data can include objects worldwide Positioning gadget coordinates, weather station telemetry, text messages, announcements, queries, and different telemetry.

APRS is a digital communications records channel for Ham radio. As a single national channel (see map at proper), it offers the cellular ham a place to display for 10 to half-hour in any region, at any time to capture what's going on in ham radio inside the surrounding location.

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Which two investment options would be best if you are 45 years old, just starting to save, and want to retire when you are 65

Answers

For " two investment options would be best if you are 45 years old". Investing in a certificate of deposit (CD) or a bond is the best alternative. This is further explained below.

What are investment options?

Generally, The most prevalent asset classes are stocks, bonds, mutual funds, and ETFs. A retirement savings plan or a college savings plan would likely include investments in these asset classes.

In conclusion, Bonds and certificates of deposit (CDs) are the finest alternatives for long-term investments.

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To qualify as a pass-through entity for U.S. corporate income tax, a REIT must be all of the following EXCEPT

Answers

To qualify as a pass-through entity for U.S. corporate income tax, a REIT must be all of the following EXCEPT : ​Jointly owned by less than 100 persons.

What Is a Real Estate Investment Trust (REIT)?

A real estate investment trust (REIT) is a company that owns, operates, or finances income-generating real estate.

Modeled after mutual funds, REITs pool the capital of numerous investors. This makes it possible for individual investors to earn dividends from real estate investments—without having to buy, manage, or finance any properties themselves.

To qualify as a REIT, a company must comply with certain provisions in the Internal Revenue Code (IRC). These requirements include to primarily own income-generating real estate for the long term and distribute income to shareholders.

Specifically, a company must meet the following requirements to qualify as a REIT:

Invest at least 75% of total assets in real estate, cash, or U.S. TreasuriesDerive at least 75% of gross income from rents, interest on mortgages that finance real property, or real estate salesPay a minimum of 90% of taxable income in the form of shareholder dividends each yearBe an entity that's taxable as a corporationBe managed by a board of directors or trusteesHave at least 100 shareholders after its first year of existence Have no more than 50% of its shares held by five or fewer individuals

Therefore, we can conclude that the correct option is D.

Your question is incomplete, but most probably your full question was:

To qualify as a pass-through entity for U.S. corporate income tax, a REIT must be all of the following EXCEPT

a.​structured as a corporation, trust, or association.

b.​have transferable shares or certificates of interest.

c.​managed by a board of directors or trustees.

d.​jointly owned by less than 100 persons.

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The promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activities is known as sales?

Answers

The promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activities is known as sales promotion.

Sales promotion is designed to be used as a short-term tactic in order to boost sales. Thus, it is the process of persuading a customer to buy a product.

Sales promotion is referred to a marketing communication tool in order to encourage revenue or to provide incentives to distributors, sales staff,  or customers over a short time period. If a company adopts sales promotion in quick succession, this will give the impression that this product perhaps is not selling in the market.

Hence, sales promotion is a promotional tool that stimulates consumer purchasing and dealer interest.

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Demand deposits are included in?

Answers

Answer:

savings accounts or checking accounts

Other Questions
A Ferris wheel with a diameter of 10 m and makes one complete revolution every 80seconds. Assume that at time t = 0, the Ferris Wheel is at its lowest height abovethe ground of 2 m. You will develop the equation of a cosine graph that models yourheight, in metres, above the ground as you travel on the Ferris Wheel over time, t inseconds. To do this, answer the following questions.1. State the amplitude of the graph.2. State the value of k in the general form y = a cos [k(x d)] + c.-3. State the value of d.4. State the value of c.5. State the cosine equation of the graph. Solve the equation by completing the square.0 = x14x + 46a x = 7 3b x = -7 3c 14 3d -14 3 bridget went fishing with her dad. Bridget caught the first fish of the day and it weighed f ounces. that day she caught four more fish one was 2 times the weight of the first fish another was 2 more than 3 times the weight of the first fish. next was 1/2 the weight of the first fish and the last was 3/5 the weight of the first fish. bridgets dad caught four fish. the first fish he caught weighed 2 more than 3 times the weight of the first fish that day one fish weighed 4/5 the weight of the first fish caught that day one weighed 4 more than 2 times the weight of the first fish cought that day and the last weighed 1/2 the weight of the first fish caught. Can someone help me with the first question please The fact that culture influences language suggests that the same word might have different _____ meanings for individuals in one audience, verses individuals in another audience. Write these decimals in order from smallest to largest: 0.507, 0.75, 0.5, 0.078 Police officers were executing a search warrant at a home suspected of containing evidence of illegal gambling. In the painting Landscape with the Fall of Icarus by Pieter Bruegel the Elder, the artist intended to divert our attention so that we barely notice Icarus plunging to his doom; a fine example of ________. Who were the regulators in the texan border? If you cross two heterozygous yy pea plants, what proportion of the offspring will be the dominant color yellow? Describe the powers of the judicial branch and how its independence checks the power of other institutions and state governments. Please reference the following: Ginny just enrolled in a c-snp that uses the post-enrollment verification method. When will the plan send her a termination notification letter if it has not yet been able to verify a qualifying chronic condition?. Which of these is equal to ? 1. Chris takes 25 minutes to replace one car tyre.Jim takes 5 minutes less to replace one car tyre.At a car workshop, there are a total of x tyres to be replaced.Jim replaces three more tyres than Chris, without exceeding the time Chris takes.Form an inequality in x and solve it to find the minimum number of tyres to be replaced. The unanimous opinion in Brown v. Board of Education was written byReverend Oliver Brown.all nine Supreme Court justices.Thurgood Marshall.Earl Warren. 2solutions to animals and change in temperature for weathering The design pattern on a blanket has 3 circles followed by 4 triangles. this pattern repeats across the entire blanket. move a number or word to each blank to describe the ratio relationship between the circles and triangles. I have a question, I'm not speaker English and well I am here a a song called: Josh A - HeartbreaksAnd well, the singer, when he says ''couldn't'', did I hear him say it in another way, not as like ''KUUD - UHT'' but as ''KLUH - DUHNT''?Could someone clear me up if he mispronounced the word or is there a second way to pronounce that word? The hr is 92/min rr is 14/min bp is 130/86, what additional assessment and stabilization activities should be completed? What will most courts try to apply when determining which facts should have been disclosed during the sale of a property?